MANITOBA – Rockcliff Resources of Toronto has completed the three-hole winter drilling program at the Tower copper deposit near Snow Lake. Drilling identified semi-anomalous copper, zinc, gold and silver values. The company says there are several volcanogenic massive sulphide targets that merit follow-up work.
The property includes the T-1 copper deposit that has an indicated resource of 1.08 million tonnes grading 3.73% Cu, 1.05% Zn, 17.28 g/t Ag, and 0.55 g/t Au, containing 88.97 million lb of copper. The inferred portion is 1.25 million tonnes grading 2.00% Cu, 1.05% Zn, 9.78 g/t Ag and 0.27 g/t Au, containing 55.15 million lb of copper.
Rockcliff has earned a 70% interest in the Tower project now that the $2-million spending requirement has been exceeded. The remainder is held by Pure Nickel, and a 2% net smelter return is payable to Glencore Xstrata.
A corporate presentation about the Snow Lake project, including the Tower property, is posted at RockcliffResources.com.