For thousands of other reports visit RSC's Mineral Intellingence Map
Rockcliff Metals Corp.
Summary
| Project: | Laguna | |
|---|---|---|
| Deposit: | Laguna | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-5-2019: Rockcliff Metals Corp. announces an Exploration/Drilling Update report for its Laguna deposit at the Laguna project. Drilling results incl. 1.62m @ 9.62g/t Au from 489.38m. Toronto, ON – May 15, 2019 – Rockcliff Metals Corporation (“Rockcliff” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ken Lapierre (Internal) | |
| ABSTRACT: | Toronto, ON – May 15, 2019 – Rockcliff Metals Corporation (“Rockcliff” or the “Company”) (CSE: RCLF) (FRANKFURT: RO0, WKN: A2H60G) is pleased to announce the completion of its phase one, 6-hole reconnaissance heli-support winter drill program at the Laguna Gold Property (“Laguna”) in Snow Lake, Manitoba. Drilling along 2 kilometres of the favorable 6 kilometre long Laguna Gold Mine Trend, discovered new quartz veins, alteration zones and quartz zones with visible gold and gold-bearing sulphides. KG Exploration (Canada) Inc., an affiliate of Kinross Gold Corporation (TSX:K)(“Kinross”) who optioned Laguna in mid-2018 has elected to continue with the Laguna option. Kinross will carry out a significant exploration program this year that will include a second round of drilling. Rockcliff’s wholly owned subsidiary, Goldpath Resources Corp., holds an option to earn a 100% working interest in Laguna and has optioned the property to Kinross. Rockcliff acts as Operator of the exploration program at Laguna. Rockcliff is a major junior landholder in the Flin Flon-Snow Lake greenstone belt which is the largest Paleoproterozoic Volcanogenic Massive Sulphide (VMS) district in the world hosting mines and deposits containing copper, zinc, gold and silver. Rockcliff’s President & CEO, Ken Lapierre, stated: “We are pleased to have completed the first drill program at Laguna since 1944. Kinross accelerated its $1.25M, 2 year work commitment by completing the commitment in the first 6 months of the option. With the success of the exploration and drilling, we are happy to report that Kinross will continue to advance the Laguna and the Lucky Jack properties with an additional minimum $1.0M exploration program beginning in May of 2019.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report