Nov 12 2010
Rockcliff Resources Inc. (RCR: TSXV) has announced that preliminary drilling on the Tower Copper-Gold Property located in central Manitoba, has intersected high grade copper-gold results in the first two drill holes.
Highlights from the first two holes :
- 3.4% copper, 1.2g/t gold, 0.7% zinc and 18.6g/t silver across 2.65m including
10.5% copper, 3.6g/t gold, 2.0% zinc and 56.1g/t silver across 0.85m (Hole 1);
- 3.6% copper, 0.5g/t gold, 1.4% zinc and 19.0g/t silver across 2.6m including
6.4% copper, 0.8g/t gold, 2.3% zinc and 33.9g/t silver across 1.40m (Hole 2).
Ken Lapierre President and CEO commented, "Our drilling confirms that the Tower Copper-Gold Zone has tremendous potential to host an extensive sheet of sulphides containing significant grades in both copper and gold. With a major highway and power line within 400m of the zone, it is readily apparent that additional drilling will be warranted in the New Year to determine the size and continuity of this high grade system."
Significant assay results and their corresponding breakdown from drill holes TP10-001 and TP10-002 are tabulated below along with drill hole information. The lengths reported are drill intersected core lengths and do not represent true widths.
A minimum of 2,000m of drilling is planned in approximately six holes. The target is the Tower Copper-Gold Zone, a multi-zoned system rich in copper, gold, zinc and silver. Additional exploration will include bore hole geophysics. Historically, eight widely spaced (200m drill centers) drill holes and bore hole geophysics discovered the Tower Copper-Gold Zone. It is an extensive sheet of sulphides with a minimum strike length of 700m and a minimum vertical depth of 700m.
To earn a 70% interest in the property, Rockcliff must pay $150,000 in incremental payments to Pure Nickel Inc. (NIC: TSE) over four years and will be required to incur aggregate exploration expenditures totalling $4,000,000 over four years; $2,000,000 over two years to earn a 50% working interest and a further $2,000,000 to earn a further 20% working interest. For additional information please refer to the February 21, 2008 news release.
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 thanf 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.
Source: Rockcliff Resources Inc.