White Cliff Metallurgy De-risks Danvers Copper Project with High Recoveries

The latest update is out from White Cliff Minerals Limited ( (AU:WCN) ).

White Cliff Minerals has reported strong metallurgical test results from the Danvers deposit at its Rae Copper Project in Nunavut, confirming that conventional flotation can deliver copper recoveries above 90% and up to 95.4%, and silver recoveries as high as 93.3%. The testwork produced high-grade concentrates of about 40% copper and 150 grams per tonne silver, with saleable grades achieved early in the cleaner circuit and no need for regrinding, indicating a simple, low-risk flowsheet.

The absence of significant deleterious elements suggests the potential for a clean, smelter-friendly concentrate, which could support favourable commercial terms and reduce penalties for impurities. These results materially de-risk the development pathway at Danvers by lowering prospective capital and operating costs, while coinciding with an aggressive drilling campaign along the highly prospective Teshierpi Fault Zone that aims to expand the scale and quality of mineralisation and reinforce Danvers as a compelling copper development opportunity.

The most recent analyst rating on (AU:WCN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on White Cliff Minerals Limited stock, see the AU:WCN Stock Forecast page.

More about White Cliff Minerals Limited

White Cliff Minerals Limited is an Australian exploration and development company focused on copper and precious metals projects, with a particular emphasis on its Rae Copper Project in Nunavut, Canada. The company is targeting high-grade, chalcocite–bornite style mineralisation that can produce premium, clean concentrates suitable for conventional processing and attractive commercial terms.

Average Trading Volume: 5,885,182

Technical Sentiment Signal: Sell

Current Market Cap: A$36.02M

For detailed information about WCN stock, go to TipRanks’ Stock Analysis page.