Trading Symbol RCR: TSXV
TORONTO, June 13, 2014 /CNW/ - Rockcliff Resources Inc. ("Rockcliff" or the "Company") (TSXV: RCR) is pleased to announce that Clarus Securities Inc. has added Rockcliff to their "Watch List" after Rockcliff signed an agreement to acquire a 51% interest in the high grade copper deposit located on the Talbot property, Manitoba (See Press Release dated April 23, 2014). Also, the Company has submitted application to the Government of Manitoba for a work permit to initiate exploration at Talbot which will consist of a significant drill program. The Company is presently completing a $2.1M financing to fund the initial work program. The Talbot Property is part of Rockcliff's Snow Lake Project which presently consists of four (4) high grade copper Volcanogenic Massive Sulphide (VMS) deposits with significant additional credits in gold, silver and zinc. All deposits are associated with excellent infrastructure and are hosted in geological environments similar to that of present and past producing base metal mines associated with bi-modal volcanic rocks in the Flin Flon-Snow Lake Greenstone Belt.
Rockcliff's President & CEO stated, "We are extremely pleased that Clarus Securities Inc. has added us to their "Watch List". I believe the market will soon realize that Rockcliff is an extremely undervalued Company with significant high grade copper assets in a world class mining camp. We have amassed four (4) significant high grade copper deposits that have tremendous growth potential. The completion of our financing will allow us to explore and expand the Talbot Deposit and search for new discoveries on this underexplored property."
Please access our website at www.rockcliffresources.com to view the Clarus Watch List report.
The Company will be extending the Offering, announced in the Press Release dated April 29, 2014, for a further thirty (30) days.
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, has reviewed and approved the information in this press release.
For more information please visit our website at www.rockcliffresources.com
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company focused on discovery and resource growth of its high-quality mineral properties at its Snow Lake Project. Rockcliff presently controls the Snow Lake Project in central Manitoba, totalling in excess of 400 km2. The project includes two (2) VMS high grade copper rich NI 43-101 Resources (T-1, Rail), two (2) historic VMS copper deposits (Lon and Talbot), the T-2 Copper Zone (Tower), numerous untested geophysical anomalies and several additional properties with VMS potential (Freebeth, Dickstone North). Rockcliff also owns a zinc-silver rich NI 43-101 Resource (Shihan) in Ontario.
Additional information can be viewed 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
tel: (416) 644-1752 cell: (647) 678-3879
Rockcliff New Address:
520-141 Adelaide St. W.
Toronto, ON M5H 3L5