01:04:06 EST Wed 20 Jan 2021
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or Name

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Rockcliff Metals Corp (2)
Symbol RCLF
Shares Issued 307,335,855
Close 2021-01-14 C$ 0.07
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Rockcliff Metals begins drilling Tower property

2021-01-14 08:13 ET - News Release

Mr. Alistair Ross reports


Rockcliff Metals Corp. has initiated a drill program at the company's 100-per-cent-owned Tower property. The focus of the drill program will be on a highly prospective, buried, untested, geophysical anomaly termed the T3 anomaly. The T3 is strategically located approximately 1,200 metres north of the copper-rich Tower deposit where a recently completed preliminary economic assessment (PEA) highlighted positive economics. The Tower property is part of Rockcliff's extensive land package located in one of the most prolific and largest Paleoprotezoic volcangenic massive sulphide (VMS) district in the world.

Alistair Ross, president and chief executive officer, said: "I am pleased to report rapid follow-up on one of the key findings of the PEA showing that resource size is a key factor in improved economics. Our development rates and costs as proposed in the PEA indicate that should the T3 provide encouraging grade and size, the cost and schedule of reaching that area will fit very well inside the current intent of extending the proposed mine life at the Tower property. We are examining the Rail property for similar opportunities."

The exploration focus of this drill program at the Tower property will be to determine the conductive source of the untested T3: an approximate 450 m by 450 m sized geophysical conductor topping at 650 metres vertical. The T3 is located on trend and approximately 1,200 m north of the copper-rich Tower deposit. The Tower deposit is a National Instrument 43-101-compliant resource with a mineralized strike length of 1,000 m and has been intersected to depths of between 125 m and 800 m where it remains open at depth and partially to the north.

About Rockcliff Metals Corp.

Rockcliff is a Canadian resource development and exploration company, with an over 1,000-tonne-per-day leased processing and tailings facility as well as several advanced-stage, high-grade copper and zinc dominant VMS (volcanogenic massive sulphide) deposits in the Snow Lake area of central Manitoba, Canada. The company is a major landholder in the largest Paleoproterozoic VMS district in the world, hosting high-grade mines and deposits containing copper, zinc, gold and silver. The company's extensive portfolio of properties totals approximately 4,500 square kilometres and includes seven of the highest-grade, undeveloped VMS deposits in the Flin Flon-Snow Lake greenstone belt.

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