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Project: | Rail | |
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Deposit: | Rail | |
Location: | Canada | |
Commodities: | Copper-Gold-Zinc-Silver | |
Date: | 1/17/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 17-1-2020: Rockcliff Metals Corp. announces an Exploration/Drilling Update report for its Rail deposit at the Rail project. Drilling results incl. 2.40m @ 9.28% Cu, 1.90% Zn, 5.35g/t Au, 27.24g/t Ag from 450.00m. Toronto, Ontario--(Newsfile Corp. - Januar | |
Resources: | (Resource, Ind.): 0.822Mt @ 3.04% Cu, 0.90% Zn, 0.66g/t Au, 9.25g/t Ag | |
CP/QP: | [Overall Report]: Ken Lapierre (Internal) | |
ABSTRACT: | Toronto, Ontario--(Newsfile Corp. - January 17, 2020) - Rockcliff Metals Corporation (CSE: RCLF) (FSE: RO0) (WKN: A2H60G) ("Rockcliff" or the "Company") is pleased to announce that all remaining drill core assay results from the 2019 drill program have been received and the drilling has identified high-grade copper mineralization below the existing 100% owned NI 43-101 Indicated resource Rail deposit, located in Snow Lake, Manitoba. The expanded 2020 Rail drill program has now commenced with four drills. The drill program will continue to focus on identifying additional copper mineralization below the Rail deposit to a vertical depth of 600 metres and to the south along strike of the deposit. The Rail property is one of Rockcliff's advanced-stage properties, where a Preliminary Economic Assessment ("PEA") is planned for completion in the second quarter of 2020. The Rail deposit is within trucking distance to the Company's leased mill and tailings complex. Rockcliff's President and CEO Alistair Ross commented: "These results continue to confirm our belief that the Rail property will be shown to be a viable mine as we continue to generate and collect drill hole data for the Preliminary Economic Assessment, to be completed in the second quarter of this year." The Company has received down-the-hole assay results from the remaining 20 holes that were completed in late 2019 (see table below). The previous 5 holes, RL19-062 and RL19-064 were released on September 26, 2019 and RL19-063, RL19-065 and RL19-066 were released on November 18, 2019. | |
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