PriceSensitive

Rockcliff Metals (CSE:RCLF) plans for 1,400 metre drill program in Manitoba

Mining
TSX:RKCLF
10 July 2020 07:41 (EDT)
Rockcliff Metals Corp - President and CEO, Alistair Ross

Source: Red Cloud Financial Services

Rockcliff Metals (RCLF) is set to begin a 1,400 metre drilling program at the TGR nickel prospect on its Tower Property in Manitoba.

The TGR prospect was discovered in a largely unexplored portion of the property, and is associated with the ultramafic rock commonly found in the Thompson Nickel Belt.

TGR is located approximately 600 metres south of the Tower deposit, a high-grade, high-copper content deposit after which the property is named.

The TGR discovery hole was the final hole the company drilled during their winter exploration program. It previously intersected results that included up to 15 per cent nickel sulphides within the assays.

The company’s preliminary grab results from TGR have assayed out for significant amounts of rhodium and ruthenium. Rockcliff also detected elements of iridum and osmium.

As a result, the nickel equivalent grade across 2.4 metres was 4.93 per cent, which included a 1.25 metre interval with a nickel equivalent grade of 8.84 per cent.

The TGR drilling program will commence once Rockcliff has completed surface and bore hole geophysical surveys.

Alistair Ross, President and CEO of Rockcliff Metals, said further success at TGR would raise the importance of the Tower Property when the time came to selecting the first mining project in the Preliminary Economic Assessment for the project.

“I want to acknowledge Cyr Drilling and Norway House Cree Nation for the smooth start-up of this summer drill program.

“We continue to ramp up the program with the imminent arrival of a second drill and crew that will allow us to continue to focus on increasing the size of the Tower deposit and further explore the recent TGR discovery,” he added.

Rockcliff Metals (RCLF) closed yesterday at 7.5 cents per share.

Related News