Trading Symbol RCR: TSXV
TORONTO, Sept. 15, 2011 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that its 3,000m diamond drill program on its Snow
Lake Project in Manitoba has been increased to 4000m and prospecting
and trenching has identified visible gold and extended the WK gold zone
on its Black Gold property in Kirkland Lake, Ontario.
Snow Lake Project Drill Program:
At the Rail Property, two holes have been completed testing deep
geophysical targets along strike of the Rail Copper Deposit, an NI
43-101 compliant resource (Indicated Resource of 822,000T grading 3.04%
copper, 0.90% zinc, 0.66g/t gold, 9.25g/t silver. Mineral resources
are not mineral reserves and do not have demonstrated economic
viability). Drill samples have been sent to the assay lab and will be
announced when available. A third hole is presently in progress south
of the Rail Deposit testing an off-hole conductor measuring 400m long
by 250m high. The nearest hole (RL10-56) to the conductor intersected
4.1m grading 5.1% copper, 0.6g/t gold, 0.2% zinc and 7.3g/t silver.
Drilling at the Tower property will commence shortly. Two untested
geophysical conductors (T-3 and T-1B) located proximal to the Tower
Deposit are planned to be tested. The T-3 conductor is located 800m
west of the Tower Deposit. It has a strike length of over 1 km and
has very similar geophysical characteristics to the nearby Tower
Deposit. The Tower Deposit has intersected pervasive copper
mineralization over a strike length of 700m and to a vertical depth of
over 400m. The deposit remains open in all directions and has
intersected high grade VMS mineralization including 8.2m grading 7.6%
copper, 2.0g/t gold, 1.7% zinc and 35.4g/t silver (hole 8) and 4.9m
grading 6.1% copper, 1.6g/t gold, 2.0% zinc and 35.9g/t silver (hole
21) as reported in the Press Releases dated March 1 and May 17, 2011.
Black Gold Property Trench Program:
Trenching of the original WK Gold Zone on the Black Gold Property has
uncovered visible gold and disseminated pyrite within a shear zone
hosted quartz stockwork system. Exploration has outlined the zone to a
known strike length of approximately 75m with widths ranging between 2
and 8m wide. The zone is located along the western limit of an Induced
Polarization (IP) anomaly striking for over 300m. The remainder of the
anomaly is covered by deeper overburden. Over 40 samples of the
mineralized zone have been sent for assay and will be announced when
available. Prospecting and geological surveys are presently in
progress on underexplored areas of the property.
Rockcliff has the exclusive right to earn a 70% interest in the Tower
Property from Pure Nickel Inc. (NIC: TSX). Rockcliff must pay $150,000 in incremental payments over four years
and will be required to incur aggregate exploration expenditures
totalling $4,000,000 over four years. Please refer to the Press
Release dated February 28, 2008 for further details.
Rockcliff has the exclusive right to earn a 100% interest in the Rail
Property from Hudson Bay Exploration and Development Company Limited (HBED), a wholly owned subsidiary of HudBay Minerals Inc. (HBM: TSX). If Rockcliff earns its interest in the Rail Property, HBED will receive
a 2% Net Smelter Return Royalty in the property. If Rockcliff earns a
100% interest in the Rail Property, HBED then has a right to acquire up to a 65% interest in the Rail Property.
Please refer to the Press Release dated March 23, 2007 for further
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 firstname.lastname@example.org
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company
focused on discovery and advancement of its high-quality mineral assets
at its Snow Lake Project. Rockcliff presently controls the Snow Lake
Project totalling in excess of 500 km2. The project includes one copper rich NI 43-101 Indicated Resource
(Rail), two former copper rich VMS Mines (Spruce Point and Dickstone),
one historic VMS copper deposit (Lon) and the Tower Copper Deposit.
Rockcliff also has a portfolio of precious metal assets including one
former gold mine (Century Mine) and one surface gold deposit (C-Zone)
in Manitoba and the Black Gold Property (open pit potential) in
Ken Lapierre P.Geo., President and CEO of Rockcliff Resources Inc. is a
Qualified Person in accordance with Canadian regulatory requirements as
set out in NI 43-101, and is responsible for the information in this
For more information please visit our website at www.rockcliffresources.com
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.
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