Posted in | News | Gold | Copper | Silver | Zinc

Rockcliff Resources Continues to Intersect High Grade Copper-Gold Mineralization at Tower Property

Pure Nickel Inc. (TSX: NIC, OTCBB: PNCKF) today reported that its option partner in central Manitoba on the Tower Property, Rockcliff Resources Inc. (TSXV: RCR), has announced that the preliminary drilling has continued to intersect high grade copper-gold mineralization.

The Tower Zone remains open in all directions and has been intersected by widely spaced (100-200m drill centers) drill holes over a strike length of 800m and to a vertical depth of almost 500m.

High grade results from holes 4 and 5 are highlighted below.

  • 7.0% copper, 2.0g/t gold, 1.3% zinc and 32.2g/t silver across 2.65m including
    11.5% copper, 2.7g/t gold, 2.0% zinc and 49.7 silver across 1.00m (hole 4);
  • 3.3% copper, 0.3g/t gold, 0.8% zinc and 17.6g/t silver across 7.45m including
    9.8% copper, 0.9g/t gold, 2.2% zinc and 51.5g/t silver across 2.4m (hole 5);

As reported by Rockcliff, the geophysical bore hole surveys have clearly identified a significant untested area of high conductance representing massive sulphides along strike and at depth to the existing high grade copper-gold drill intercepts.

Under the terms of the Option Agreement with Pure Nickel of February 21, 2008, Rockcliff can earn up to a 70% interest in the property. Rockcliff must pay $150,000 in incremental payments to Pure Nickel 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.

Ken Lapierre, P.Geo., President & CEO of Rockcliff Resources Inc., is the Qualified Person under the definition of National Instrument 43-101 is responsible for the technical information reported by Rockcliff.

Source: Pure Nickel Inc.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Pure Nickel Inc. (2019, February 18). Rockcliff Resources Continues to Intersect High Grade Copper-Gold Mineralization at Tower Property. AZoMining. Retrieved on February 28, 2024 from https://www.azomining.com/News.aspx?newsID=1721.

  • MLA

    Pure Nickel Inc. "Rockcliff Resources Continues to Intersect High Grade Copper-Gold Mineralization at Tower Property". AZoMining. 28 February 2024. <https://www.azomining.com/News.aspx?newsID=1721>.

  • Chicago

    Pure Nickel Inc. "Rockcliff Resources Continues to Intersect High Grade Copper-Gold Mineralization at Tower Property". AZoMining. https://www.azomining.com/News.aspx?newsID=1721. (accessed February 28, 2024).

  • Harvard

    Pure Nickel Inc. 2019. Rockcliff Resources Continues to Intersect High Grade Copper-Gold Mineralization at Tower Property. AZoMining, viewed 28 February 2024, https://www.azomining.com/News.aspx?newsID=1721.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.