Rockcliff Commences Drill Program at Snow Lake Projectadmin
Rockcliff Resources Inc. announce that drilling has commenced on its Snow Lake Project located in central Manitoba. A minimum of 5,000 metres (m) of drilling are planned in approximately 30 holes. Drilling is planned on the Rail, Reed, Freebeth, Tramping and Squall properties. The targets include extensions of a known copper-gold rich horizon (Rail), additional testing of DPEM & BHPEM anomalies (Reed), an untested borehole anomaly (Freebeth) and untested, buried ZTEM targets (Tramping and Squall). The properties are situated within the Flin Flon greenstone belt, one of the most prolific and the largest Proterozoic VMS District in the world.
Rockcliff will initially follow-up on recent drilling at the Rail Property where high grade Rail Zone VMS mineralization grading 9.02% copper, 3.46g/t gold, 1.62% zinc and 36.5g/t silver across 4.74 m (see Press Release dated November 10, 2009) and 3.11% copper across 8.01 m (see Press Release dated December 8, 2009) were intersected along the northern and southern areas of the zone, respectively. Previous drilling by Rockcliff has intersected the Rail Zone over a distance of 700 m along strike and up to 450 m vertically. The Rail Zone remains open in all directions.
Drilling at the Reed property will focus on a series of deep, off-hole anomalies indicative of multiple, stacked, highly conductive lenses with conductivities typical of massive sulphide mineralization. Four off-hole anomalies at vertical depths of 500 m, 750 m, 880 m and 930 m will be tested.
Additional areas to test are at the Freebeth property where a previous borehole survey detected an untested off-hole anomaly in a prospective VMS area and at the Squall and Tramping properties where a recent ZTEM survey has identified buried anomalies in the same juvenile arc rock package as at HudBay’s Lalor Deposit. The Squall and Tramping properties are located approximately 6 km north and south respectively of HudBay’s Lalor Deposit.
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. The Squall and Tramping properties are 100% owned by Rockcliff.