Rockcliff Drilling Extends Rail Copper Deposit at Snow Lake and High Grade Gold Results Uncovered at Black Gold Property
Trading Symbol RCR: TSXV
TORONTO, Oct. 5, 2011 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that recent drilling at the Rail Property, Manitoba has extended the Rail Deposit 100m south where the deposit remains open along strike and at depth. Additionally, trenching and surface sampling at the Black Gold Property, Ontario has uncovered high grade gold mineralization within the WK Gold Zone. The zone presently has a surface strike length of over 85m and widths between 2 to 8m. Systematic, surface grab sampling of the zone has yielded values ranging up to 55.3g/t gold.
Rail Property, Snow Lake, Manitoba:
Hole RL11-61 intersected a down the hole width (not true thickness) grading 1.6% copper, 0.2g/t gold, 0.1% zinc and 3.8g/t silver across 2.3m including 3.4% copper, 0.3g/t gold, 0.1% zinc and 6.6g/t silver across 0.75m. The hole extended the known Rail mineralization an additional 100m to the south of the present deposit. A second hole (RL11-60) undercut the mineralization and failed to intersect significant copper values.
An additional hole (RL11-59) tested the top edge of a large DPEM conductor north of the deposit at a vertical depth of approximately 450m. The hole intersected anomalous (0.1%) copper mineralization within massive sulphides associated with classic style VMS alteration.
Additional winter drilling is planned at Rail to expand the deposit southwards and to determine the overall copper potential of the north DPEM conductor below 450m vertical.
Black Gold Property, Kirkland Lake, Ontario:
Trenching uncovered the WK Gold Zone over a strike length of 85m. Gold values recorded below were systematically collected within and along the zone which has a known surface width ranging between 2m to 8m.
The arithmetic average of the 43 grab samples within the zone yielded a grade of 7.77g/t gold. The north-south striking WK Gold Zone is associated with visible native gold and disseminated pyrite within a shear zone hosted quartz stockwork system. Trenching has outlined the zone to a known strike length of approximately 85m with widths ranging between 2 and 8m wide. The zone is located along the western limit and is part of an Induced Polarization (IP) anomaly striking for over 300m. The remainder of the anomaly is covered by overburden. Prospecting and geological surveys are presently in progress on the remaining unexplored areas of the property.
A winter drill program is planned on the WK Gold Zone.
Drilling the Tower Property, initially scheduled for fall drilling, will begin after winter freeze-up due to abnormally wet ground conditions. Two untested geophysical conductors (T-3 and T-1B) located proximal to the Tower Deposit will be tested. The T-3 conductor is located 800m west of the Tower Deposit, has a strike length of over 1 km and has very similar geophysical characteristics to the nearby Tower Deposit. The deposit has intersected pervasive high grade copper mineralization over a strike length of 700m and to a vertical depth of over 400m and remains open in all directions. Some of the higher grades at Tower include 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) which were previously drilled and reported in press releases dated March 1 and May 17, 2011.
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 details.
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
Ken Lapierre, P.Geo., President & CEO of Rockcliff Resources Inc. and Mark Smethurst, P.Geo., M.Sc., VP Exploration of Rockcliff Resources Inc., are Qualified Persons under the definition of National Instrument 43-101. Mr. Lapierre has reviewed and is responsible for all information in this press release. Mr. Smethurst is responsible for verification and quality assurance of Rockcliff's exploration data and analytical results. Samples are packaged and shipped directly by Rockcliff to TSL Laboratories (TSL), Saskatoon, Saskatchewan. TSL is a Canadian assay laboratory and is accredited under ISO/IEC 17025. Each bagged sample is dried, crushed to 70% passing 10 mesh and a 250g pulp is pulverized to 95% passing 150 mesh for assaying. A 0.5g cut is taken from each pulp for base metal analyses and leached in a multi acid (total) digestion and then analyzed for copper, lead, zinc and silver by atomic absorption. Gold concentrations are determined by fire assay using a 30g charge followed by an atomic absorption finish. Samples greater than upper detection limit (3000 ppb) are reanalyzed using fire assay gravimetric using a 1 AT charge. Rockcliff inserted certified blanks and standards in the sample stream drill program to ensure lab integrity.
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 in Ontario.
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.For further information:
| Renmark Financial Communications Inc. |
John Boidman: email@example.com
Laurence A. Lachance: IIachance@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020
| Rockcliff Resources Inc. |
Ken Lapierre P.Geo.
President & CEO
(416) 863-9800 or (647) 678-3879