Notes on Rockcliff Resource's Rail Property to the North of WEL's Property
posted on
Jan 18, 2009 04:21PM
The company is now known as FUSE Cobalt.
Rockcliff Resources has been working on the "Rail" property just to the north of Wildcat's Reed Lake holdings, and have had positive results. The following is taken from Rockcliff's website:
In March of 2007, Rockcliff began its acquisition process and eventually acquired a significant, “district size” land package in the Snow Lake area. Our Snow Lake VMS Project now covers over 1,800 square kilometres of favorable, prospective geology to host VMS style deposits located within the Flin Flon Greenstone Belt, Manitoba. The belt is one of the most prolific and the largest Proterozoic VMS district in the world. Our project presently hosts five historical (non NI 43-101 compliant) VMS deposits rich in copper, zinc, gold and silver:
1. Lon, 2. Kof, 3. Rail, 4. Sylvia, 5. Reed
The Rail property has previously been found to have 3.54% Cu, 0.90% Zn, 8.22 g/t Ag, and 0.48 g/t Au.
In 2008, additional drilling was done on Rockcliff properties:
First Phase Drill Results
The Company’s first phase drill program has now been completed in which 38 drill holes totaling 8,300m tested VMS (copper, zinc, gold and silver) mineralization on three properties at the Snow Lake VMS Project. Twenty-seven holes were completed at the Rail Property, seven holes at the Kof Property and four holes at the Sylvia Property. A total of 33 drill holes intersected significant VMS mineralization. All VMS zones intersected in the drilling are open along strike and at depth and are worthy of additional drilling. Some of the highlights from the first phase drill program are outlined below.
Rail Property:
2.35m grading 5.02% Cu, 1.28% Zn, 1.26g/t Au
2.51m grading 3.53% Cu, 1.58% Zn, 0.44g/t Au
3.57m grading 3.89% Cu, 1.65% Zn, 0.79g/t Au
3.96m grading 3.61% Cu, 0.09% Zn, 0.72g/t Au
2.29m grading 3.57% Cu, 0.15% Zn, 0.72g/t Au
5.11m grading 4.31% Cu, 2.68% Zn, 0.61g