In March of 2007, Rockcliff began its acquisition process and
eventually acquired a significant, "district size" land package
in the Snow Lake area. Our Snow Lake Project now covers over 660
square kilometres of favorable, prospective geology to host VMS
and Gold deposits located within the Flin Flon Greenstone Belt,
Manitoba. The belt is one of the most prolific and the largest
Proterozoic VMS district in the world. We completed property
deals with HudBay Minerals, prospecting syndicates and staked
crown lands. The Snow Lake Project presently hosts one NI 43-101
Indicated Deposit (Rail), 2 former VMS mines (Spruce Point,
Dickstone), one VMS deposit (Lon), one VMS prospect (Tower) and numerous additional
properties with VMS potential. It also hosts two historical
gold deposits including a former high grade gold producer.
Snow Lake Presentation
Table 1: Rockcliff’s one NI 43-101 Indicated Deposit and three historical VMS deposits and two historical gold deposits (non NI 43-101 compliant)
| Deposit |
Tonnes |
Copper% |
Zinc% |
Silver (g/t) |
Gold (g/t) |
Comments |
| 1. Rail (NI 43-101) |
822,000 |
3.04 |
0.90 |
9.25 |
0.66 |
earning 100% interest |
| 2. Spruce Point Mine |
567,000 |
2.2 |
1.7 |
15.0 |
1.4 |
earning 100% interest |
| |
900,172 |
2.3 |
--- |
--- |
--- |
|
| 3. Dickstone Mine |
143,800 |
3.3 |
0.6 |
7.5 |
0.2 |
earning 100% interest |
| |
164,900 |
1.5 |
7.1 |
13.4 |
0.4 |
|
| 4. Lon |
250,000 |
3.20 |
5.20 |
18.80 |
0.34 |
100% owned |
|
5.
Century |
272,000 |
|
|
|
12.00 |
earning 100% interest |
| 6. C-Zone |
42,000 |
|
|
|
2.8 |
earning 100% interest |
Historical estimates of grade and tonnage
given within this website are viewed as reliable and relevant
based on the information and methods used at the time. However
they are not compliant with resource definitions under NI 43-101
and must be considered only as historic resources. Neither
Rockcliff nor its Qualified Persons have done sufficient work to
classify the historic estimate as a current mineral resource
under current mineral resource or mineral reserve terminology
and are not treating the historic estimate as a current mineral
resource. The historic resources in this summary and on
this website should not be relied upon.
The Rail NI 43-101 Indicated Resources was completed by SRK
Consulting and titled Mineral Resources Evaluation; Rail
Polymetallic Sulphide Deposit, Snow Lake, Manitoba, dated
December 19, 2010. Mineral resources are not mineral reserves
and do not have demonstrated economic viability
Ken Lapierre P.Geo., President and CEO of Rockcliff Resources
Inc., a Qualified Person in accordance with Canadian regulatory
requirements as set out in NI 43-101, is responsible for the
information within this website. |
In November 2007, Rockcliff completed an
independent NI 43-101 Technical Report on the Snow Lake Project. It concluded that
all
deposits have excellent potential to expand beyond their
historical resources and that all of the deposits are open along
strike and at depth. Furthermore, the report concluded that
excellent potential to discover additional VMS-type targets
exists throughout the project area.
Also, VMS and gold potential occurs on the properties
within the project area located in very close proximity to HudBay Minerals recently discovered Lalor Lake VMS Deposit. It
is a world class deposit estimated to contain 20 million tonnes
of high grade zinc, copper and precious metals. Rockcliff has
acquired by staking two 100% owned properties (Squall and Tramping Lake)
which are located within 6 km north and south of the deposit.
Both properties host underexplored juvenile arc rocks and remain
excellent properties with potential for VMS and gold discoveries. In
September 2009, HudBay announced a significant copper-gold
discovery at Lalor grading 5.3% copper and 13.3 g/t gold across
34.5m.
An additional property of merit is the
Tower Property where recent drilling (2010 and 2011) by Rockcliff
intersected high grade VMS mineralization rich in copper, gold,
zinc and silver(i.e. TP11-08 intersected 8.2m grading 7.6% copper, 2.0g/t gold, 1.7% zinc and 35.4g/t silver).
The zone (Tower) has been trace for over 600m and to a vertical
depth of 500m. It remains open in all directions.
To date, Rockcliff has completed
numerous exploration
programs at the Snow Lake Project including:
-
15,622 line km of high resolution
airborne magnetic and VTEM surveys
-
2,619 line km of helicopter-borne ZTEM
survey
-
Surface, deep penetrating geophysical
pulse EM surveys over two (Rail, Reed) VMS deposits
-
Drilled 23,500m in 89 holes
-
+$10.0M expenditures between 2007 and
2010
Please refer to
VMS/Gold Exploration Presentation. |
