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rockcliff resources inc (RCR) Snapshot

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01/27/14 - C$0.11
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rockcliff resources inc (RCR) Details

Rockcliff Resources Inc. is engaged in the base and precious metal exploration and development operations in Ontario and Manitoba, Canada. The company primarily explores for volcanogenic massive sulphide (VMS), copper, zinc, silver, and gold deposits. It holds interests in the Snow Lake project that covers approximately 400 square kilometers and is located in central Manitoba; and the Shihan VMS property, which covers an area of 419 claim units covering an area of 6,704 hectares and is located to the northeast of Wawa, Ontario. The company was formerly known as Ridgeline Resources Inc. and changed its name to Rockcliff Resources Inc. in October 2006. Rockcliff Resources Inc. was incorporated in 2006 and is based in Toronto, Canada.

Founded in 2006

rockcliff resources inc (RCR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$233.3K
Chief Financial Officer
Total Annual Compensation: C$104.5K
Compensation as of Fiscal Year 2012.

rockcliff resources inc (RCR) Key Developments

Rockcliff Resources Inc. Signs an Option Agreement to Earn a 51% Interest in the Talbot Property

Rockcliff Resources Inc. announced that it has signed an option agreement to earn a 51% interest in the Talbot Property from Hudson Bay Exploration and Development Company Limited. The property hosts the high grade Talbot Deposit which hosts a historic inferred mineral resource of 1,434,000 tonnes at a grade of 3.4% Copper, 1.9g/t Gold, 2.9% Zinc and 58.4g/t Silver. The Talbot Property is strategically located 35km west of Rockcliff's high grade NI 43-101 T-1 Deposit. The Talbot Property covers a total of 4,458 hectares and represents a geological environment similar to that of present and past producing base metal mines associated with bi-modal volcanic rocks in the Flin Flon-Snow Lake Greenstone Belt.

Rockcliff Completes Winter Drill Program at Tower Exceeds Expenditure Commitment to Earn 70% Interest at Tower

Rockcliff Resources Inc. has completed a winter drill program completing three holes totaling 1046m on the Tower Property, central Manitoba. The main focus of the drill program was to test one of four flanking conductive DPEM (Deep Penetrating Electro Magnetic) anomalies located near the high grade T-1 Copper Deposit. Drilling successfully identified semi massive to massive sulphide lenses up to five (5) meters thick. Mineralization consisted of sporadic anomalous copper, zinc, gold and silver values. A down hole geophysical survey identified a new off hole anomaly below the semi massive to massive sulphide lenses. The off hole anomaly and remaining three (3) DPEM anomalies represent viable VMS style targets worthy of follow-up geophysics and drilling. Also, Rockcliff announced it has now exceeded its final $2.0 million expenditure requirement to earn an additional 20% interest in the Tower Property. Subject to review by its joint venture partner, Pure Nickel Inc., and payment of the $30,000 option payment due on March 26, 2014, Rockcliff will control a 70% interest in the property. An underlying 2% NSR on the property is held by Xstrata Nickel, of which half can be purchased for $1,000,000. The property hosts the high grade T-1 Copper Deposit with significant credits in zinc, gold and silver and is strategically located beside a major paved all season highway and two active power lines.

Rockcliff Resources Inc. Announces Winter Geophysical Drill Programs at Tower Property, Central Manitoba

Rockcliff Resources Inc. announced that drilling has commenced on the Tower Property, central Manitoba. Drilling is targeting conductive DPEM anomalies near the existing remobilized high grade T-1 Copper Deposit. It's previous airborne and surface geophysics have now identified four undrilled DPEM (Deep Penetrating Electro Magnetic) anomalies associated along the flanks of a magnetic body located east and proximal to the high grade T-1 Copper Deposit. Initial drilling will focus on anomaly #1 of four, identified as a coincident mag and strongly conductive DPEM anomaly located within 1.5 kms of the deposit, major highway and two sets of active power lines. The DPEM anomalies are interpreted as the potential source of the remobilized massive sulphides of the deposit. Mineralization targeted is high grade copper with secondary zinc, gold and silver (VMS) mineralization. A minimum 1,000 meter drill program is now underway at the Tower property.


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