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White Cliff Minerals (ASX: $WCN) plans extensive drilling activities at Radium Point, Coppermine & Reedy South projects

White Cliff Minerals Limited update on planned work at Radium Point, Coppermine & Reedy South projects


White Cliff Minerals Limited (ASX: $WCN) has announced multiple work programs underway and planned at Radium Point, Coppermine, and Reedy South projects. The company is set to conduct extensive diamond drilling activities at the Radium Point U-Au-Cu Project, alongside ground truthing and sampling. Additionally, geophysical surveys and RC drilling are planned at the Coppermine and Reedy South Gold Project in Western Australia.

Executive Chairman Roderick Mclllree's commentary on the update


Leveraging local experts has allowed us to significantly accelerate activities for both Radium and Coppermine. Utilising local expertise allows us to undertake, with confidence, work streams that until recently were probably only possible in 2025 if undertaken solely by the Company. Being able to soon kick off a maiden drilling campaign at Radium Point after only securing the licences in the last few months is a testament to the internal expertise of the organisation. This, coupled with the fact that these projects were organically grown, positions us perfectly to capture the entire value matrix of any discovery with the benefit of rising gold, silver, copper and uranium prices. Our desktop work relating to the digitisation of Radium Point and Coppermine is ongoing and continues to demonstrate incredible potential. I, like the rest of the team looking forward with anticipation to the results of this year's field activities that are expected to continue until November. Now that we have progressed our divestment and rationalisation program within Australia, the focus for White Cliff's portfolio is to look at various ways to monetise and create value for shareholders. The remaining projects are all excellent prospects and we look forward to executing these campaigns and updating investors in due course.

Summary of White Cliff Minerals' planned work and outlook


White Cliff Minerals Limited is planning extensive work programs at Radium Point, Coppermine, and Reedy South projects, including diamond drilling, geophysical surveys, and RC drilling. The company aims to accelerate activities leveraging local expertise and is confident in the potential of the projects. With a focus on monetization and creating value for shareholders, White Cliff Minerals remains optimistic about the prospects of its remaining projects and looks forward to executing the planned campaigns.

WHITE CLIFF MINERALS LIMITED
WCN | ASX | Materials
0.014-0.001(-6.67%)
At close 05/07 (AEDT)
Market cap
$24.4M
Volume
603,000
DY Yield
0
PE Ratio
7.78
52 Week Range
0.006 - 0.021
1YR Return
10.149%

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