Drilling Intersects More High Grade Copper Mineralization at Tower
posted on
Mar 30, 2011 08:15AM
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Mar. 30, 2011 (Canada NewsWire Group) --
4.6% Copper, 1.2g/t Gold, 1.2% Zinc, 22.0g/t Silver across 2.9m (Hole 12) and
4.0% Copper, 0.3g/t Gold, 0.8% Zinc, 15.3g/t Silver across 3.3m (Hole 13)
Trading Symbol RCR: TSXV
TORONTO, March 30 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that ongoing drilling on the Tower VMS Zone at the Tower Property located in central Manitoba, continues to intersect high grade VMS(copper-gold-zinc-silver) mineralization.
Highlights from TP11-11 to TP11-13 are tabulated below.
A total of 24 holes are planned to be completed before winter breakup and will test the zone across a strike length of 600m and to a vertical depth of 300m. The Tower Zone remains open in all directions.
Additional drill core samples have been sent to the lab and will be reported on when available.
Significant assay results and their corresponding breakdown from drill holes TP11-11 to TP11-13 are tabulated below along with drill hole information. The lengths reported are drill intersected core lengths and do not represent true widths.
Borehole | From (m) |
To (m) |
Length (m) |
Copper % |
Gold g/t |
Zinc % |
Silver g/t |
Grid N/E/Azimuth/Dip |
TP11-11 | 194.4 | 195.9 | 1.5 | 1.3 | 0.2 | 0.3 | 4.7 | 4N/180E/280/58 |
and | 198.6 | 200.7 | 2.1 | 3.4 | 0.3 | 0.5 | 14.2 | |
includes | 199.2 | 200.7 | 1.5 | 4.7 | 0.3 | 0.7 | 19.7 | |
TP11-12 | 296.6 | 299.5 | 2.9 | 4.6 | 1.2 | 1.2 | 22.0 | 4N/180E/280/72 |
includes | 296.6 | 298.2 | 1.6 | 7.5 | 2.1 | 1.9 | 35.9 | |
TP11-13 | 212.0 | 215.3 | 3.3 | 4.0 | 0.3 | 0.8 | 15.3 | 2N/153E/280/45 |
includes | 212.0 | 214.5 | 2.5 | 5.2 | 0.4 | 1.1 | 20.1 |
Please access Rockcliff's website at www.rockcliffresources.com to view an up to date longitudinal section on the Tower Zone.
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. and Mark Smethurst, VP Exploration of Rockcliff Resources Inc., are Qualified Persons under the definition of National Instrument 43-101. Mr. Lapierre has reviewed and is responsible for all information in this press release. Mr. Smethurst 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 than 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.
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 600 km2 located within and proximal to the Snow Lake Mining Camp. The project presently includes one NI 43-101 Indicated Resource (Rail), two former VMS Mines (Spruce Point and Dickstone) the Lon and Tower Deposits, one former gold mine (Century Mine) and one gold deposit (C-Zone) as well as additional areas with potential for VMS (copper-rich) and gold mineralization. Rockcliff also controls precious metal properties in northern Ontario.
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.
please visit our website at www.rockcliffresources.com or contact Ken Lapierre, P.Geo., President & CEO of Rockcliff Resources Inc. at (416) 863-9800 or at klapierre@rockcliffresources.com