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White Cliff Minerals Limited (ASX:WCN) High Grade Drilling Results with Visible Gold at Aucu Gold Deposit
White Cliff Minerals Limited (ASX:WCN) ("White Cliff" or the "Company") is pleased to report additional visible gold intersections from recent drill holes at Quartz Zone and the Eastern Gold Zone within the Aucu Gold project.

Highlights:

- Visible gold identified in outcrop and in drilling at the Quartz Zone, laboratory assays include:

-- 1 metre at 25.6 g/t gold from 13-14 metres within 3 metres at 9.8 g/t gold in ERC16-31

-- 1 metre at 41.6 g/t gold from 34-35 metres within 3 metres at 14.3 g/t gold in ERC16-32

- Eastern Gold Zone delivers 1.3 metres at 15.9 g/t gold from 36-37 metres in EGZ16-05

Visible gold was panned from interval 13-14 metres in drill hole ERC16-31 which was drilled adjacent to the outcropping quartz vein containing visible gold at the eastern end of the upper gold zone (reported in ASX Release 29-08-2016). Drill assays included 1 metre at 25.6 g/t gold within 3 metres at 9.8 g/t gold.

In addition, visible gold has also been panned from drill hole ERC16-32 which intersected the mineralised quartz vein at interval 34-35 metres depth on the same drill line. Drill assays included 1 metre at 41 g/t gold within 3 metres at 14.3 g/t gold.

The Quartz Zone

The Quartz Zone occurs at the eastern end of the Eastern Gold Zone adjacent to the main porphyry intrusion. High grade gold mineralisation is largely confined to the quartz reef which ranges from 1-3 metres wide and can be traced at surface over 150 metres length. Visible gold has been panned from the quartz reef in four road cuttings covering 120 metres length (Figures 2 & 3, see link below). The quartz reef extends north-west and interpreted to be the same reef encountered in drill hole UGZ15-35 which intersected 8 metres at 55 g/t gold (Figure 1, see link below).

Drilling has confirmed that the quartz reef is sub-vertical and has an orientation of 320 degrees and interpretation of magnetic data suggests that it has a total length of 450-510 metres. The quartz reef is offset by a major fault at the northwest end and by a porphyry intrusion at the southeast end (figure 1). Further drilling is required to establish the location of extensions to the reef.

The Company is continuing to drill the Quartz Zone on sections 50 metres apart down to 100 metres vertical depth. Three of the four planned sections have been completed. Due to the success of the drilling to date and the amount of visible being recovered at surface the Company has planned additional drilling to test the mineralisation further along strike in both directions.

The Company will endeavour to complete as much drilling as possible before autumn snow and rain makes drilling too difficult to continue.

Mineralised intervals greater than 0.5 g/t gold from the Quartz Zone and associated structures has been tabulated in Table 1 (see link below).

The Eastern Gold Zone (EGZ)

Further west, drilling in the eastern gold zone has also delivered significant gold mineralisation with intersections of 1.3 metres at 15.9 g/t gold and 1 metre at 7.8 g/t gold as well as several intersections between 1 and 2 g/t gold.

Interpretation of the current drilling has substantially changed the geological model and it now appears likely that the high grade zones in drill holes UGZ15-32a and UGZ15-33 are part of the same mineralised zone that also includes the intersections in EGZ16-005 (summarised in Table 2, refer to link below).

Mineralisation also appears to be controlled by the intersection of the NW tending shear zones and bedding such that the zones containing high grade gold mineralisation form "lodes" or "shoots" that travel along the intersection line of the two structures, in this case about 25 degrees to the northwest. Drilling the main NW shear zones above and below these shoots has generally only encountered gold mineralisation between 1and 3 g/t.

Detailed mapping and drilling has identified that the EGZ consists of sheared sandstone that has been altered by ore fluids containing extensive pyrite and minor chalcopyrite. When exposed at surface, the sulphides breakdown to form the iron oxides limonite, goethite and hematite which are yellow, brown and red respectively. The distinctive colouration makes the shear zones easy to distinguish from the surrounding rock.

In contrast, the Quartz Zone is characterised by a central 1-3 metre wide quartz reef with open textures (voids, quartz crystals, holes) and intense sericite-carbonate+/- manganese alteration containing abundant free gold surrounded by a broad alteration zone containing malachite (copper oxide), goethite and limonite (after pyrite and chalcopyrite). The identification of visible gold in outcrop over elevation changes of at least 100 metres indicates that the mechanism of gold deposition is not related to the intersection of two structures and hence is not the same structure as the EGZ.

Further detailed drilling and mapping will be required to identify how the various mineralised zone relate to each other.

Drilling Update

As of the date of this release a total of 3,065 metres have been completed in this year's drill program consisting of 16 diamond holes and 8 RC holes as detailed in Table 2. The Company is awaiting assay results for EGZ16-12, 32, 33, 34, 28, 29 and ERC16-30.

The Diamond drill rigs have been demobilised and drilling is continuing with the RC rig. The Company expects to complete another 1500-2000 metres of drilling in 2016. Further assay and drilling information will be released as it become available.

Aucu Gold Deposit Summary

As previously reported (ASX releases 24 Mar 15 and 02 Apr 15), the Company announced a maiden inferred resource for the Aucu gold deposit above a cut-off grade of 1 g/t gold of 1.15 Million tonnes grading 4.2 g/t gold for 156,000 ounces of contained gold.

In 2015, drilling identified exceptional gold mineralization to the east of the Upper Gold Zone (UGZ) over a strike length of at least 500 metres (ASX releases 11 Nov 15, 1 Dec 15 and 7 Dec 15). Results included:

- 8 metres at 55.2 g/t gold from 66 metres including 1 metre at 89.9 g/t gold

- 4 metres at 59.9 g/t gold from 66 metres including 1 metre at 189 g/t gold

- 2 metres at 43.5 g/t gold from 86 metres

- 1 metre at 103.4 g/t gold from 74 metres

- 3 metres at 41.4 g/t gold including 1 metre at 71 g/t gold

- 4 metres at 23.8 g/t gold from 85 metres

- 2 metres at 22 g/t gold from 102 metres

- 1 metre at 58 g/t gold

The average grade of the gold intersections from the 2015 drill program across the UGZ - East was 45 g/t gold from several lodes. In addition:

- Mineralisation outcrops at surface

- Mineralisation remains open in both directions and at depth

- Overall metallurgical recovery of all mineralised zones is 99%

- Gravity recoverable gold averages 88.6% (gold that reports to the gravity concentrate)

To view tables and figures, please visit:
http://abnnewswire.net/lnk/1W420X7T

Todd Hibberd
Managing Director
T: +61-89-321-2233
E: info@wcminerals.com.au
www.wcminerals.com.au





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