Rae Project Drilling Yields 63m at 2.23% Copper and 72m at 1.08% Copper

Strong Assay Results Confirm Shallow Copper System

White Cliff Minerals Limited (ASX: WCN) has released encouraging assay results from its ongoing reverse circulation drilling program at the Rae Copper Project, located in Nunavut, Canada. The latest results include a standout intercept of 63 metres grading 2.23% copper and 7.1 grams per tonne silver starting near surface, alongside a 72-metre interval at 1.08% copper that contains a higher-grade 14-metre section at 2.32% copper. These findings reinforce the presence of a high-grade copper system that remains open both at depth and along strike, highlighting the project’s significant exploration upside.

Building on a Historic Resource with Modern Exploration

The Rae Project hosts a historic resource estimate of approximately 4.16 million tons at 2.96% copper, though this estimate predates current reporting standards and requires validation through further drilling and modern assay techniques. White Cliff’s recent drilling has begun to fill this gap, with the company aiming to deliver a maiden JORC-compliant resource in due course. The drilling campaign has also identified previously untested extensions of mineralisation, suggesting the potential to expand the known copper footprint.

Strategic Advancements and Infrastructure Benefits

Alongside drilling, White Cliff has completed pre-collar drilling at the Hulk target, setting the stage for an upcoming diamond drilling campaign. The company is also progressing plans for targeted airborne geophysical surveys across the 9.1-kilometre Danvers fault zone, which will help refine future drill targets. Importantly, the Rae Project benefits from improving regional infrastructure, including proximity to the deep-water port of Kugluktuk, less than 80 kilometres by road, and enhanced access via Yellowknife. These logistical advantages could accelerate development timelines and improve project economics.

Environmental and Regulatory Context

White Cliff holds all necessary permits for exploration, including a type B water license and a Class A Land Use Permit, and has secured permissions from local Indigenous groups. The company acknowledges the importance of environmental stewardship in this sensitive Arctic region and plans to incorporate these considerations into ongoing and future work programs.

Looking Ahead

With drilling ongoing and further assay results pending, White Cliff Minerals is well-positioned to advance the Rae Copper Project toward a more definitive resource estimate. The combination of high-grade near-surface mineralisation, expanding exploration targets, and supportive infrastructure developments makes Rae a compelling copper exploration story to watch in 2025.