Rockcliff drills high-grade copper, zinc in Manitoba

Rockcliff drills high-grade copper, zinc in Manitoba
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VANCOUVER – Rockcliff Metals Corp. (RCLF-CSE, ROO Frankfurt, A2H60G-WKN) on Wednesday announced additional high-grade volcanogenic massive sulphide (VMS) drill results from its 100%-owned Copperman property in Manitoba

Rockcliff is a Canadian resource development and exploration company with several advanced stage high-grade copper and zinc dominant VMS deposits in the Snow Lake area of Manitoba. The company is a major landholder in the belt, which is 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 covers approximately 4,000 kilometres, and includes seven of the highest grade, undeveloped VMS deposits in the belt. Rockcliff has a joint venture with HudBay Minerals Inc.  [HBM-TSX, NYSE] at the companys’ 49%-owned Talbot Copper Deposit.

In August, 2021, the company said it had launched a $2.5 million fully-funded drill program at Copperman. It said the drill program was focused on two priority targets. The first being the Copperman property, where two high priority geophysical targets remained untested as well as the historical high-grade Copperman deposit.

The company said it planned to complete 10 holes over 5,000 metres.

The Copperman copper-zinc deposit was discovered in 1927 by surface trenching. Mineralization is associated with at least three high-grade lenses. Historical near surface drill results documented in the Manitoba Mineral Deposits database included 8.3 metres of grade 3.62% copper and 2.59% zinc.

“Phase 1 exploration drilling at Copperman has been extremely successful,’’ said Rockcliff interim President and CEO Don Christie. “It has intersected significant, thick, high-grade copper-zinc mineralization,’’ he said.

“Drilling across a strike length of 130 metres and to depths of up to 200 metres vertical have encountered disseminated, semi-massive and massive chalcopyrite and sphalerite sulphides in multiple lenses of up to 10 metres thick.’’

He said mineralization remains open in all directions and is exposed at surface in historical trenches.

In detailing drilling highlights, the company said it intersected high-grade copper and zinc with 4.9% copper equivalent (CuEq) across 6.0 metres, including 6.6% CuEq across 4.0 metres and 6.6% CuEq across 10 metres, including 13.5% CuEq across 4.0 metres.

A phase two program planned for early January will attempt to expand the mineralized footprint as well as test several nearby geophysical anomalies.

Rockcliff previously said it planned to implement a strategy of finalizing sufficient knowledge of several resources that would allow the optimal project to be taken into production at the earliest opportunity, utilizing a fully functional 1,000 tonnes-per-day leased processing and tailings facility.

However, the company recently said an internal review has led the company to conclude that the Bucko mill no longer represents the best option available to Rockcliff for the potential processing of ore from the company’s multiple deposits.

As such, it decided not to lease the Bucko Mill from CaNickel Mining Ltd.

Meanwhile, on December 14, 2021, Rockcliff shares closed at $0.05 and currently trade in a 52-week range of $0.095 and $0.045.


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