Three Drill Rigs to Test Multiple VMS-Copper Rich Targets
Trading Symbol RCR: TSXV
TORONTO, Feb. 10 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that drilling has commenced on its Snow Lake
Project located in central Manitoba. A minimum of 10,000m of drilling
with three drills has begun to test multiple high priority VMS-copper
rich targets on the project.
Drill core has been sent to an accredited assay lab and results will be
released when available.
Drilling is focussed at several locations throughout the Company's Snow
Lake Project (please refer to Rockcliff's news release dated January
19, 2010 for additional details of the drill program). Drilling will
test high priority VMS-copper rich zones at the Tower, Lon and Rail
properties as well as VMS targets on the Freebeth, Reed and Lon
properties. The properties are located within the Flin Flon greenstone
belt, one of the most prolific and the largest Proterozoic VMS District
in the world.
Ken Lapierre P.Geo., President and CEO of Rockcliff Resources Inc., a
Qualified Person in accordance with Canadian regulatory requirements as
set out in NI 43-101, is responsible for the information in this press
Rockcliff also confirmed that pursuant to its December 2010 working
capital and flow through private placements (see News Release dated
December 21, 2010), Rockcliff paid total finders' fees of $263,540 and
issued 1,392,367 finders' warrants (263,540 exercisable at $0.15 for a
period of 18 months from closing and 1,093,700 exercisable at $0.20 for
a period of 18 months from closing).
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company
focused on discovery and advancement of its high-quality mineral
copper-rich assets at its Snow Lake Project. Rockcliff presently
controls the Snow Lake Project totalling in excess of 600 km2 located within and proximal to the Snow Lake Mining Camp. The project
presently includes the NI 43-101 compliant Rail Copper-Gold Deposit,
three historic VMS (copper-gold) deposits (Lon, Reed and Kof) and the
Tower VMS (copper-gold) prospect. It also includes a former gold mine
(Century Mine) and one gold deposit (C-Zone) as well as additional
areas with potential for VMS (copper-rich) and gold mineralization.
Rockcliff also controls the Black Gold (gold-silver) Property and the
NI 43-101 compliant Shihan Silver-Zinc Deposit in northern Ontario.
Forward Looking Statement:
Some of the statements contained herein may be forward-looking
statements which involve known and unknown risks and uncertainties.
Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward looking statements that involve various risks. The
following are important factors that could cause the Company's actual
results to differ materially from those expressed or implied by such
forward looking statements: changes in the world wide price of mineral
commodities, general market conditions, risks inherent in mineral
exploration, risks associated with development, construction and mining
operations, the uncertainty of future profitability and the uncertainty
of access to additional capital. There can be no assurance that
forward-looking statements will prove to be accurate as actual results
and future events may differ materially from those anticipated in such
statements. Rockcliff undertakes no obligation to update such
forward-looking statements if circumstances or management's estimates
or opinions should change. The reader is cautioned not to place undue
reliance on such forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Rockcliff Resources Inc.
For further information:
To view the Snow Lake Corporate Presentation and other information on Rockcliff please visit www.rockcliffresources.com or contact Ken Lapierre, P.Geo., President and CEO of Rockcliff Resources Inc. at (416) 863-9800 or by email at email@example.com