Highlights

  • Copper mineralisation at the Danvers system extends to 4.75km of strike — up from roughly 820m tested in 2025 — with a best intercept of 23m at 6.18% Cu and 13 g/t Ag from 161m.
  • A new Bornite Hills discovery returns up to 15.0m at 1.62% Cu and 11.5m at 2.00% Cu, with 1.3km of host structure remaining open along strike.
  • Hancock Prospecting invests A$8.77 million for 13.5% of the company at A$0.017 per share, with the issue approved by shareholders on 19 October 2026.
  • White Cliff held A$1.32 million cash at 30 September — before the Hancock investment landed — and no mineral resource has been estimated for Danvers.

White Cliff Minerals Ltd has used its September 2026 quarterly activities report, released on 28 October 2026, to set out how far drilling has extended the Danvers copper system at its Rae Copper-Silver Project, and to detail the arrival of Hancock Prospecting on its share register. The company (ASX:WCN) said copper mineralisation has now been traced over 4.75km of the Teshierpi structural corridor, compared with approximately 820m tested during the 2025 programme.

Danvers Drilling

The strongest result highlighted for the quarter came from hole DAN26036, which returned 23m at 6.18% copper and 13 g/t silver from 161m, including 3.90m at 16.45% copper and a peak sample of 0.60m at 23.5% copper. Hole DAN26026 intersected 50.9m at 2.81% copper and 7.66 g/t silver from 39.7m, including 4.3m at 10.93% copper from 45.0m. After the quarter ended, hole DAN26047 returned 76.5m at 2.01% copper and 5.72 g/t silver from 49.5m, including 16m at 5.07% copper from 77m. All intervals are drilled lengths; true widths were not stated in the source reviewed for this article. No Mineral Resource estimate has been reported for Danvers.

Bornite Hills and Hulk

At Bornite Hills, White Cliff said initial drilling intersected more than 32m of bornite-dominant mineralisation, including semi-massive bornite, over 60m below a historic trench grading 3.66m at 46.99% copper. Two post-quarter holes returned BNH26001A at 15.0m at 1.62% copper from 57.0m and BNH26003 at 11.5m at 2.00% copper from 75.5m. The system remains open along a 1.3km host structure. At Hulk, diamond holes SED26001 to SED26003 intersected visible chalcopyrite at the redox boundary between the Rae Group and the Husky Creek Formation, with the sediment-hosted copper footprint now described as exceeding 10 km². Visual observations of chalcopyrite are not a substitute for laboratory assays, and no grades were reported for those holes.

Hancock Investment

The corporate highlight was an A$8.77 million investment by Hancock Prospecting. White Cliff issued 515,791,601 shares at A$0.017 each, giving Hancock about 13.5% of the company. Shareholders approved the issue on 19 October 2026 and shares were issued on 22 October. The company said the funds will be used to expand and accelerate drilling at Rae. White Cliff held A$1.32 million in cash at 30 September 2026 — a figure that predates the Hancock investment — and had also received about A$6.5 million from underwritten conversions of its WCNO listed options during the quarter.

Next Steps

For a junior explorer, the combination of multi-kilometre strike extension, high-grade intercepts and a well-resourced strategic investor gives White Cliff a clearer platform for the next phase at Rae. Key uncertainties include: assays still arriving for post-quarter holes, true widths not yet defined, and no resource to anchor grade continuity. The company's stated next step is to apply the Hancock proceeds to a larger, faster drilling effort, with Bornite Hills still open along strike. No drilling budget or planned metres have been specified.