ABUNDANT visible gold has been panned from an exceptionally rich mineralized outcrop at the eastern end of the Southern Gold Zone at Aucu deposit within White Cliff Minerals’ Chanach Copper-Gold Project in the Kyrgyz Republic. The new outcrop extends the SGZ to at least 2500 metres with visible gold identified in three separate locations over 2200 metres.
White Cliff Minerals’ Chanach project is in the northwest of the Kyrgyz Republic, within the Tien Shan Belt.
High grade trench sample assays have also been returned from SGZ with the best being 3 metres @ 11 grams/tonne gold, including one metre @ 17.9 grams/tonne.
SGZ is 400 metres south of the inferred Aucu resource of 1.2 million tonnes @ 4.2 grams/tonne for 156,000 ounces and is easily accessed from existing tracks. The new zone will be targeted in an upcoming drilling program which is hoped will significantly increase the inferred resource.
White Cliff managing director Todd Hibberd says the company has now identified three major mineralized systems, each extending over 2500 metres and each containing visible gold at surface in more than one location. “The upcoming drill program will enable us to conduct first pass drilling of this new zone while also extending the footprint of the existing high grade deposit.
“Based on rock sampling, trenching and drilling to date the company has established a medium term exploration target of between 15 million and 20 million tonnes grading between 4 and 5 grams/tonne for about 2 million to 3 million ounces.”
Todd Hibberd says the target will be initially tested by the drilling program which will be finalized by the end of the year, with additional drilling required in 2016. The tonnage and grade ranges for the target were determined by applying the approximate average grade from the existing JORC-compliant resource across known surface expressions of mineralized zones.
Following the announcement of maiden inferred resource estimates for Aucu gold deposit and Chanach copper deposit, White Cliff resumed exploration at Aucu in the June quarter with initial bulldozer road cuttings revealing two new mineralized zones approximately 600 metres along strike from the Upper Gold Zone (UGZ). Panning of crushed samples revealed numerous particles of visible gold.
In addition the company conducted a detailed magnetic survey covering 15sqkm that has revealed significant structures relating to the mineralizing events. This will improve drill targeting at the UGZ and Lower Gold Zone.
Chanach covers 83sqkm and is in the western part of the Tien Shan Belt, a mineralized zone extending for more than 2500km in Central Asia.