Trading Symbol RCR: TSXV
TORONTO, Jan. 31, 2012 /CNW/ - Rockcliff Resources Inc. (TSXV: RCR) is pleased to announce that drilling has commenced on its Tower VMS Property located in central Manitoba. A minimum of 5,000m of drilling will test the T-3 anomaly, an 800m long priority one VMS target, and the Tower Copper Deposit, a continuous +600m long VMS zone associated with high grade copper and gold, zinc and silver.
Drilling has begun at the T-3 anomaly where Rockcliff's recently completed DPEM geophysical survey identified the priority one target, 800m west and one km north of the Tower Deposit. It also identified areas within the anomaly with higher conductance. The higher conductance areas are interpreted to be associated with thicker areas of massive sulphides. Drilling has targeted these areas within the anomaly.
The second area to be tested is the Tower Copper Deposit where high grade copper rich mineralization has been outlined across a strike length of +600m and to a vertical depth of 300m. The deposit remains open in all directions. Rockcliff's previous drilling in 2010-2011 on the deposit defined a continuous VMS zone rich in copper, gold, zinc and silver. Drilling intersected high grade copper 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. Drilling will focus along strike and at depth of the known mineralization.
Please visit the Company website at www.rockcliffresources.com to view the Tower Property Presentation and several new DataMine maps on the Tower Deposit and the T-3 anomaly.
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.
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:
Rockcliff Resources Inc.
Ken Lapierre P.Geo.
President & CEO
(416) 863-9800 or (647) 678-3879