Jan 20 2011
Rockcliff Resources Inc. (RCR: TSXV) has announced that drilling will commence shortly on its Snow Lake Project located in central Manitoba.
A minimum of 10,000m of drilling is planned in approximately 45 holes. The majority of the holes planned are at the Tower, Lon and Rail Properties. Additional areas such as the Freebeth and Reed properties are also planned to be drill tested this winter. The targets include the Tower Zone at Tower, the Lon Deposit and DC Zone at Lon, the DPEM target north of the Rail Deposit at Rail and DPEM and airborne targets at Reed and Freebeth. All targets will be tested for their VMS potential to host mineralization rich in copper, gold, zinc and silver. The properties are situated within the Flin Flon greenstone belt, one of the most prolific and the largest Proterozoic VMS District in the world.
Drilling (20-25 holes) is planned to define and expand the known mineralization which has been traced for over 700m along strike and to a depth of 500m. The Tower Zone remains open in all directions.
Lon Property: Drilling (15-20 holes) will focus on two areas: The historic Lon Deposit (250,000T grading 3.2% copper, 5.2% zinc, 18.8g/t silver, 0.34g/t gold. Although the resource is viewed as reliable and relevant based on the information and methods used at the time they do not satisfy the requirements set out by NI 43-101. Neither Rockcliff nor its Qualified Persons have done sufficient work to classify the historic estimate as a current mineral resource and are not treating the historic estimate as a current mineral resource. The historic resource should not be relied upon) and an area known as the DC Zone which is located 8 km south of the Lon Deposit. The DC Zone is identified by abundant surface VMS alteration and a 6.12% zinc surface showing located above an untested, buried 600m long-13 channel DPEM conductor.
Rail Property: Drilling (4-8 holes) will focus on a large DPEM target identified immediately north of the NI 43-101 compliant Rail Deposit (Indicated Resource of 822,000T grading 3.04% copper, 0.90% zinc, 0.66g/t gold, 9.25g/t silver. Mineral resources are not mineral reserves and do not have demonstrated economic viability). One hole from last year's drill program intersected 1.25m grading 3.85% copper and 2.79g/t gold possibly along the top edge of the DPEM target. The DPEM target has a strike length of 1 km and a vertical depth of over 1 km.
Freebeth Property: Drilling (3-5 holes) will test an area where previous borehole surveys detected several untested off-hole anomalies in an altered series of juvenile arc rocks. All VMS mines in the Flin Flon greenstone belt are hosted in juvenile arc rocks.
Reed Property: Drilling (3-5 holes) will test an untested ZTEM airborne anomaly with corresponding EM and magnetometer signatures associated within juvenile arc rocks.
Rockcliff has the exclusive right to earn a 100% interest in the Rail, Reed and Freebeth properties from Hudson Bay Exploration and Development Company Limited (HBED), a wholly owned subsidiary of HudBay Minerals Inc. (HBM: TSX). If Rockcliff earns its interest in the Rail, Reed and Freebeth properties, HBED will receive a 2% Net Smelter Return Royalty in each of the properties. If Rockcliff earns a 100% interest in the Rail, Reed and Freebeth properties, HBED then has a right to acquire up to a 65% interest in the Rail, Reed and Freebeth properties. Please refer to the Press Release dated March 23, 2007 for further details.
Rockcliff owns 100% interest in the Lon Property and is earning a 70% interest in the Tower Property from Pure Nickel Inc. (NIC: TSX).
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, is responsible for the information in this press release.
Source: Rockcliff Resources Inc.