Rockcliff Acquires More Ground Adjacent to Black Gold Property Initiates
Exploration Program at Black Gold Focussing on Open Pit Potential
Trading Symbol RCR: TSXV
TORONTO, Nov. 16 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that it has staked an additional 23 mining claims adjacent to its Black Gold Property located 30 km NW of Kirkland Lake, Ontario. The Black Gold Property now totals approximately 20 sq km and hosts high grade surface gold outcrops containing visible gold and measuring 60m X 10m wide. Rockcliff has also initiated an exploration program consisting of line cutting, magnetometer and induced polarization surveys centered over the surface gold outcrops. The program is designed to assist in defining a winter drill program anticipated to begin in early 2011. The target at Black Gold will focus on the property's open pit gold potential.
On October 27, 2010 Rockcliff announced that it is earning a 100% interest in the Black Gold Property. It also identified high grade and widespread gold values in grab samples from surface outcrops, trenches and pits. Gold samples ranging from 0.60g/t gold to 51.19g/t gold was identified and visible gold was observed in outcrop.
Table 1 results were reported and released on October 27, 2010. A total of 32 due diligence grab samples were taken in a 10m by 60 m area. All assay results are reported below.
Location | Gold g/t | Comment | Sample # |
Pit #1- | 7.54 | muck pile | 228068 |
dimensions ~ | 7.82 | muck pile | 228069 |
4mx3mx3m | 6.04 | muck pile | 228070 |
8.64 | muck pile | 228071 | |
15.8 | muck pile | P1-1 | |
6.1 | muck pile | P1-2 | |
Pit #1-north wall | 3.02 | wall rock | 228072 |
12.0 | quartz stockwork | 228073 | |
5.49 | quartz stockwork | 228074 | |
32.92 | quartz stockwork | 228075 | |
22.19 | quartz stockwork | P1-3 | |
3.84 | quartz stockwork | P1-4 | |
51.19 | quartz stockwork | P1-5 | |
38.33 | quartz stockwork | P1-6 | |
Pit #1-east wall | 4.73 | wall rock | 228076 |
3.22 | wall rock | 228077 | |
Pit#1-south wall | 9.74 | quartz stockwork | 228078 |
10.91 | wall rock | 228079 | |
3.09 | quartz stockwork | 228080 | |
1.09 | wall rock | 228081 | |
0.60 | wall rock | 228082 | |
Outcrop-10m south of pit#1 |
4.73 | wall rock | 10S-1 |
10.94 | wall rock | 10S-2 | |
Outcrop-18m south of pit #1 |
8.50 | quartz stockwork-visible gold | 228083 |
4.25 | wall rock | 228084 | |
2.98 | wall rock | 228085 | |
Outcrop-25m south of pit #1 |
0.99 | wall rock | 50S-1 |
1.99 | wall rock | 50S-02 | |
Trench #1-62m south of Pit #1 |
2.27 | quartz str/wall rock | 228086 |
1.78 | quartz str/wall rock | 228087 | |
5.38 | quartz str/wall rock | P3-1 | |
2.37 | quartz str/wall rock | P3-2 |
The gold bearing system at Black Gold is associated with an altered pyritized quartz stockwork hosted within altered pyritized, sheared mafic volcanic rocks. Both the quartz stockwork and the host mafic volcanic rocks carry significant gold values and are viewed as a high priority area for open pit potential.
Ken Lapierre, P.Geo., President & CEO of Rockcliff Resources Inc., a Qualified Person under the definition of National Instrument 43-101, is responsible for the technical information in this press release and has reviewed all information in this news release. He is responsible for verification and quality assurance of Rockcliff's exploration data and analytical results. Samples of half core are packaged and shipped directly from Rockcliff's field office to TSL Laboratories (TSL), Saskatoon, Saskatchewan. TSL is a Canadian assay laboratory and is accredited under ISO/IEC 17025. Each bagged core 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 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 totaling in excess of 600 km2 located within and proximal to the Snow Lake Mining Camp. The project presently includes one VMS Deposit (Rail) with a NI 43-
101 Resources Estimate and three historical VMS deposits (Lon, Reed and Kof), the Tower VMS Prospect, a former gold mine (Century Mine), one gold deposit (C-Zone) as well as additional areas with potential for VMS (copper-rich) and gold mineralization.
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: For further information:
please visit our website at www.rockcliffresources.com or contact Ken Lapierre, P.Geo., President & CEO of Rockcliff Resources Inc. at (416) 863-9800 or at [email protected]
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