Rockcliff Initiates Exploration at Snow Lake Project, Manitoba

DPEM Surveys and Drilling at Tower Deposit and Two Former Copper Mines

Trading Symbol RCR: TSXV

TORONTO, Nov. 24, 2011 /CNW/ - Rockcliff Resources Inc. (TSXV: RCR) is pleased to announce that exploration work has begun at its Snow Lake Project starting with three separate DPEM geophysical surveys which will be followed by diamond drilling in early 2012.  The DPEM surveys will center over the T-3 anomaly located 800m west of the Tower Deposit and over the former producing Dickstone and Spruce Point copper-zinc mines. The T-3 DPEM survey is designed to identify priority drill areas within the known +1000m long anomaly.  The surveys at the former copper-zinc mines will locate known historical targets and any additional sulphide conductors in close proximity to existing mine infrastructure.  The Snow Lake Project is located within the prolific Flin Flon greenstone belt, host to the largest Paleoproterozoic VMS district in the world.

Tower Property:
The untested T-3 anomaly, located 800m west of the Tower Deposit, has a known strike length of over 1000m and was originally identified in a 2011 DPEM survey centered over the Tower Deposit.  The present DPEM survey will identify any higher conductance areas within the T-3 anomaly for the purpose of identifying higher priority targets planned to be drill tested in January, 2012.

Also, additional drilling is planned at the Tower Deposit where Rockcliff's previous drill programs have intersected pervasive high grade copper mineralization over a strike length of 700m and to a vertical depth of over 300m.  Drilling in early 2012 will concentrate between depths of 300m to 700m vertical where a previous DPEM survey identified a continuous conductor below the known Deposit to a minimum depth of 700m vertical.  It also identified additional conductors along strike of the present deposit (T-1A and T-1B).  The Tower Deposit remains open in all directions and has intersected continuous VMS mineralization to 300m vertical 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.

Dickstone Property:
A DPEM survey will be completed over the existing Dickstone copper-zinc mine where Rockcliff's recent airborne VTEM survey identified several high priority conductors worthy of surface follow-up. A first phase drill program in early 2012 is planned below the existing mine infrastructure where copper-zinc mineralization has been historically identified.

The Dickstone Deposit was discovered in 1936 and production began in 1970 from two VMS-rich zones (one copper, the other zinc).  Two-350m deep production shafts hoisted ore between 1970 and 1975.  The mine was shut down due to low commodity prices.  Combined 5 year production figures are tabulated below.

Tonnes Copper/pounds Zinc/pounds Silver/ounces Gold/ounces
775,210 2.46%/42,000,000 3.12%/53,000,000 12.50g/t/311,000 0.34g/t/8,500

At closure, the following additional historical resources were present below the underground workings at the Dickstone Mine:

Deposit Tonnes Copper Zinc Silver Gold
Dickstone #1 143,800 3.29% 0.60% 7.5g/t 0.20g/t
Dickstone #2 164,900 1.50% 7.10% 13.4g/t 0.40g/t

Both the copper (Dickstone #1) and zinc (Dickstone #2) rich deposits are open at depth.  The historical resources were documented in the 1975 annual report for Dickstone Copper Mines Ltd. and in the Mineral Deposit Series completed by the Manitoba Energy and Mines Geological Services in 1996. Although the resources are viewed as reliable and relevant based on the information and methods used at the time they do not satisfy the requirements set out by NI 43-101.  Neither Rockcliff nor its Qualified Persons have done sufficient work to classify the historical estimates as current mineral resources and are not treating the historical estimates as current mineral resources.  The historical resources should not be relied upon.

Spruce Point Property:
A DPEM survey will be completed over the existing mine infrastructure where historical records indicate several copper-rich zones worthy of additional exploration.  Once completed, a 1st phase drill program (early 2012) is planned to determine the economic significance of the historical copper-rich resource.

The Spruce Point Mine was discovered in 1972 and one-650m deep production shaft was completed by 1981.  Production began in 1982 and was completed in 1988 from several VMS-rich (copper, gold, zinc, silver) zones.  Production figures are tabulated below.

Tonnes Copper/pounds Zinc/pounds Silver/ounces Gold/ounces
1,364,000 2.36%/70,800,000 2.8%/84,000,000 25.00g/t/1.09M 2.0g/t/87,500

Additional historical resources within and below the underground workings are tabulated below. The historical resources were documented in the Mineral Deposit Series Report #33 completed by the Manitoba Energy and Mines Geological Services in 1996 and by Hudson Bay Exploration and Development Company Limited (HBED) in 1992.

Zones Tonnes Copper Zinc Silver Gold
Multiple zones 567,000 2.15% 1.7% 15.04g/t 1.44g/t
Copper (lower, central) 900,172 2.34% ---- ---- ----

Although the resources are viewed as reliable and relevant based on the information and methods used at the time they do not satisfy the requirements set out by NI 43-101.  Neither Rockcliff nor its Qualified Persons have done sufficient work to classify the historical estimates as current mineral resources and are not treating the historical estimates as current mineral resources.  The historical resources should not be relied upon.

Rockcliff has the exclusive right to earn a 100% interest from Xstrata Copper Canada, a division of Xstrata Canada Corporation (Xstrata).  Rockcliff will be required to incur aggregate exploration expenditures totalling $3,500,000 over four years.  If Rockcliff earns a 100% interest in the Dickstone Property, Xstrata then has a right to acquire up to a 70% interest in the Dickstone Property.  Please refer to the Press Release dated February 22, 2011 for further details.

Rockcliff has the exclusive right to earn a 100% interest in the Spruce Point Property from HBED, a wholly owned subsidiary of HudBay Minerals Inc. (HBM: TSX). Rockcliff will be required to incur aggregate exploration expenditures totalling $2,400,000 over four years.  If Rockcliff earns its interest in the Spruce Point Property, HBED then has a right to acquire up to a 65% interest in the Spruce Point Property. Please refer to the Press Release dated February 14, 2011 for further details.

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 NI43-101 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  controls a zinc-silver rich NI43-101 Indicated Resource (Shihan) and 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 in Ontario.

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 press release.

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.

For further information:

Rockcliff Resources Inc.
Ken Lapierre P.Geo.
President & CEO
klapierre@rockcliffresources.com
(416) 863-9800 or (647) 678-3879

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ROCKCLIFF RESOURCES INC.

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