Rockcliff Signs 15,000 Meter Drill Contract
Posted on: Thursday, 29 May 2008, 09:00 CDT
Rockcliff Resources Inc. (TSX VENTURE: RCR)(Tier 1) is pleased to announce that a 15,000m drill contract has been signed and that drilling is planned to commence in early July on its 100% owned Lon VMS property. The property is located 35 km west of Snow Lake and forms part Rockcliff's Snow Lake VMS Project which totals in excess of 1,800 km2 and is located in central Manitoba. Geologically, the Snow Lake VMS Project is located within the Flin Flon greenstone belt; one of the most prolific and the largest Paleoproterozoic VMS (copper, zinc, gold, silver) district in the world.
Drilling is planned on VTEM targets and on the Lon Cu-Zn Deposit located within the Lon VMS property. Underexplored airborne VTEM targets were identified in a recently completed 651 line kilometre survey completed on the property by Geotech Ltd. Sixteen "high priority" VTEM targets are presently being ground proofed and prioritized for drilling.
One of the sixteen high priority airborne targets covers the historical Lon Cu-Zn Deposit located on the Lon VMS Property. The remaining fifteen targets are considered prospective for VMS mineralization as they are all under-explored and have similar geophysical characteristics to the characteristics that define the Lon VMS Deposit. The following historical mineral resource estimate for the Lon Deposit is tabulated below and was documented by Granges Inc. in 1993.
-------------------------------------------------------------------------- DEPOSIT TONNES COPPER % ZINC % SILVER g/t GOLD g/t -------------------------------------------------------------------------- Lon 250,000 3.20 5.20 18.8 0.34 --------------------------------------------------------------------------
Although the resource is viewed as reliable and relevant based on the information and methods used at the time, they do not satisfy the requirements set out by NI 43-101. Neither Rockcliff nor its Qualified Persons have done sufficient work to classify the historical estimate as a current mineral resource and are not treating the historical estimate as a current mineral resource. The historical resource should not be relied upon.
QA-QC STATEMENT Peter Wood, P.Eng., P.Geo., VP Exploration of Rockcliff, a Qualified Person under the definition of National Instrument 43-101, is responsible for the technical information in this press release and is responsible for verification and quality assurance of Rockcliff's exploration data and analytical results.
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company focused on the Snow Lake VMS Project located in central Manitoba. The project totals in excess of 1,800 km2 and is located within the prolific Flin Flon greenstone belt. The project presently includes five historical VMS deposits (Lon, Rail, Reed, Kof, Sylvia) and numerous additional areas with potential for VMS mineralization. Rockcliff also controls the Shihan VMS Project located in Northern Ontario.
Forward Looking Statement:
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Rockcliff undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Rockcliff Resources Inc. Ken Lapierre, P.Geo. President and CEO (705) 688-9800 Email: therock@rockcliffresources.com Website: www.rockcliffresources.com
SOURCE: Rockcliff Resources Inc.
Source: MARKET WIRE
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