The Asia Miner

OCT-DEC 2016

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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Page 40 of 75

Volume 13 • Issue 4 | 2016 | ASIA Miner | 39 Central Asia A VISIT by White Cliff Minerals managing di- rector Todd Hibberd to Aucu Gold Project in the Kyrgyz Republic has resulted in visible gold being identified in a quartz outcrop. The company has planned an additional drilling program to target the quartz veins . Gold was observed in an outcropping quartz vein and in the same vein in a drill track cut- ting 11 metres further down the hill . The same quartz vein also outcrops further down the hill . The outcropping quartz veins occur with a wide alteration zone consisting of several veins and shear zones that appear to be the eastern continuation of the Eastern Gold Zone . The quartz vein outcrops 127 metres along strike from the high grade zone of 8 metres at 55 grams/tonne (g/t) gold encountered in a 2015 drill hole . In addition the position of the outcropping veins is consistent with the new structural interpretation of shallowly plunging high-grade lodes interpreted to occur at the intersection of the major NNW trending ver- tical faults and the shallow northerly dipping bedding . Based on the identification of visible gold at surface over a 45 metre strike zone, White Cliff has planned an additional 900 metres of reverse circulation drilling targeting the veins over 100 metres of strike and to 100 metres depth . Drill pads have been prepared and RC drilling was due to commence in September . Meantime, two diamond drill rigs continue to drill the Eastern Gold Zone on a 100 metre by 50 metre drill centre basis . Detailed field mapping conducted recently and during the field visit has confirmed that the company's new structural interpretation of the deposit is consistent with observed geology and the remaining drill holes in this year's drill program have been adjusted accordingly. It appears that the background gold grade of the main NNW trending mineralised zone is between 2 g/t and 4 g/t gold but where NNW shear zones intersect with specific bedding units the plunging lodes can have grades ranging from 10 g/t to 60 g/t . Targeting the high-grade plunging shoots is essential to determining an accurate average grade of the ore zones as a whole . As at early September 11 diamond holes for 1624 metres had been completed in the 2016 drill program . The project is 350km west-southwest of the Kyrgyz capital of Bishkek and covers 83sqkm . Exposed quartz veins where visible gold has been panned from the outcrop (centre top) and from the quartz vein exposed in the road cutting (near people) . Visible gold Visible gold at Aucu outcrop at Aucu outcrop IBIS RADARS Real-time mine wall and tailings dam monitoring radar IBIS-FM IBIS-FMT IBIS-Rover FPM360 TOTAL COVERAGE - TOTAL SAFETY - TOTAL EFFICIENCY Safety critical monitoring Multiple-pit operations Tailings dam and waste dump monitoring Short-range monitoring with frequent relocation and maximized coverage Tactical positioning Full pit coverage with FPM360 Visual inspection of moving areas with Eagle Vision Camera Early detection of slow movements in support of mine planning and geotechnical analysis Strategic long-range broad area monitoring IDS GeoRadar s.r.l. Via Enrica Calabresi 24, 56121 - Pisa (PI) Italy Tel. +39 050 3124 501 - Fax +39 050 3124 205 IBIS-Rover IBIS-FMT

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