White Cliff Nickel and T2 Gold say the results from their 2012 drilling and sampling program have confirmed new zones of copper mineralization at the Chanach project in north central Kyrgyzstan.
The new copper zones identified by channel sampling include 8 metres @ 1.72% copper including 3 metres @ 0.85% copper, 4 metres @ 1.67% copper and 4 metres @ 1.1% copper. Trenching results have revealed assay values of up to 4.12% copper.
The 2012 drill program included 5 holes over 623 metres to test the skarn contact and extend the mineralized zone to the east.
The drilling extended the main existing mineralized zone 100 metres to the east, with one hole intersecting 26 metres @ 0.3% copper within an alteration halo of 88 metres @ 0.17% copper. Drilling results have confirmed three moderate-grade mineralized zones of about 500 metres by 100 metres, narrowing to 10 metres wide at depth.
White Cliff’s managing director Todd Hibberd says, “The identification of new mineralized areas continues to expand the scale of the project and demonstrates that Chanach has the potential to develop into a large scale copper-gold resource. The current drilling has barely scratched the surface and a lot more drilling is warranted,” he said.
The joint venture partners are preparing a drill program for the 2013 season. White Cliff owns 45% of the 83sqkm Chanach project, 350km west-southwest of the capital Bishkek, along the Tien Shan Belt. This highly mineralized zone extends for more than 2500km from Uzbekistan through to western China.
Major deposits located within 100km of Chanach contain up to 93 million ounces of gold and 25 million tonnes of copper. Initial work in 2007-2009 indicated the project may host porphyry and skarn style gold and copper mineralization with several areas containing gold values of up to 40 grams/tonne and copper values of up to 5%.