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White Cliff Minerals Limited ( (AU:WCN) ) has shared an announcement.
White Cliff Minerals Limited has announced a significant discovery of sediment-hosted copper at its Rae Copper Project, marking a major milestone in its exploration efforts. The discovery, confirmed through a maiden drilling program, highlights the potential of the Herb Dixon Fault as a major copper-fertile conduit. This has led the company to expand its land holdings by approximately 950 square kilometers to the north, reinforcing its leading position in the Rae Basin. The expansion aims to secure new exploration targets and capitalize on the emerging copper district in Canada’s West Kitikmeot region.
More about White Cliff Minerals Limited
White Cliff Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and extraction of copper, with a significant emphasis on sediment-hosted copper systems. White Cliff Minerals has a strategic presence in the Rae Basin, with a focus on expanding its land holdings and exploring high-priority targets.
YTD Price Performance: 50.0%
Average Trading Volume: 12,064,404
Technical Sentiment Signal: Buy
Current Market Cap: A$58.52M
Learn more about WCN stock on TipRanks’ Stock Analysis page.