Rockcliff Resources Inc.

Rockcliff Resources Inc.

November 21, 2011 08:00 ET

Rockcliff Completes NI43-101 Reports at Gold Dust and Shihan VMS Properties

TORONTO, ONTARIO--(Marketwire - Nov. 21, 2011) - Rockcliff Resources Inc. (TSX VENTURE:RCR) is pleased to announce that a National Instrument 43-101 Technical Report has been completed for its Gold Dust Property (the "Gold Dust Report") and for its Shihan VMS Property (the "Shihan Report"). Both reports were completed by Caracle Creek International Consulting Inc. (Caracle Creek) of Toronto, Ontario for the Company's wholly-owned subsidiary, Goldpath Resources Corp. The Gold Dust Property, located in central Manitoba, hosts a former gold producer and multiple gold zones with a collective strike length in excess of 10 km. The Shihan VMS Property, located in central Ontario, hosts a NI43-101 Indicated Resource rich in zinc and silver as well as gold rich zones proximal to the resource.

Gold Dust Property

At Gold Dust, Caracle Creek concluded that the discovery of gold resources should be focussed along the 20km corridor of the Elbow Lake Shear Zone; a major regional gold hosted shear zone varying from tens of meters to 2.5 km in width. This area hosts the former producing Century Gold Mine and numerous gold rich occurrences. The property has t he potential for additional discoveries of quartz-vein-hosted gold mineralization associated with the Elbow Lake Shear Zone.

Caracle Creek recommends a multi-phase exploration program at Gold Dust totalling CAD$1.22 million. The program includes 5,000m of diamond drilling and sampling to determine the prospectively of the Century Gold Mine as well as additional areas identified with gold potential.

The entire Gold Dust Report dated November 16, 2011 and titled "Independent Technical Report, Gold Dust Property, Snow Lake, Manitoba" can be viewed at

Shihan VMS Property

At Shihan, Caracle Creek concluded that the property represents an opportunity to explore and advance two distinct geological deposit types. The first deposit type is at the Zinc Zone where VMS mineralization has been identified in a NI43-101 Indicated Resource and that the zone is hosted in a favorable geochemical and geological environment similar to that in productive base metal districts. The second deposit type, located proximal to the Zinc Zone, is associated with structurally controlled, hydrothermally altered rocks and auriferous quartz-rich, fracture zones that cross-cut stratigraphy and were interpreted to be associated with prominent northeast to southwest trending fault zones.

Caracle Creek recommends a multi-phase exploration program at Shihan totalling CAD$778,000. The program includes 3,200m of diamond drilling, borehole geophysics and sampling at the Zinc Zone and additional areas with VMS and/or gold potential.

The Mineral Resource Estimate prepared by Caracle Creek for the Shihan VMS Deposit is detailed below.

1% Zn Block Cut-off
Category Tonnes Zn (%) Pb (%) Cu (%) g Ag/t g Au/t SG
Indicated 199,699 3.81 0.21 0.09 91.82 0.30 2.98
Inferred 44,562 4.30 0.20 0.09 72.82 0.21 3.00
2% Zn Block Cut-off
Category Tonnes Zn (%) Pb (%) Cu (%) g Ag/t g Au/t SG
Indicated 146,085 4.66 0.25 0.10 108.19 0.33 3.01
Inferred 29,075 5.73 0.27 0.11 97.12 0.28 3.04
3% Zn Block Cut-off
Category Tonnes Zn (%) Pb (%) Cu (%) g Ag/t g Au/t SG
Indicated 103,124 5.57 0.28 0.12 122.17 0.36 3.04
Inferred 20,384 7.11 0.28 0.15 122.45 0.36 3.08

The mineral resources are reported at a cut-off grade of between 1 per cent and 3 per cent Zinc to reflect "the reasonable prospects" for economic extraction. The Mineral Resource Estimate for the Shihan VMS Deposit presented above are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources will be converted into mineral reserves. The Indicated Mineral Resource for the Shihan VMS Deposit was classified according to the CIM Definition Standards for Mineral Resources and Mineral Reserves (December 2005) by Iain Kelso, P.Geo, an appropriate independent person for the purpose of National Instrument 43-101. Mr. Kelso has reviewed the technical content of this news release.


The mineral resource was estimated using the Ordinary Kriging Method. The drill database includes sample intervals with analysis for zinc, lead, copper, gold and silver. The resource estimate is the result of diamond drill programs conducted by Rockcliff Resources Inc. between 2007 and 2008.

This is the first Mineral Resource Estimate for the Shihan VMS Deposit reported in accordance with Canadian Securities Administrators National Instrument 43-101 and was estimated in conformity with generally accepted CIM "Estimation of Mineral Resource and Mineral Reserves Best Practices Guidelines". The mineral resource was classified as Indicated primarily based on bloc distance from the nearest informing composites and on variography results. Classification is based on zinc data alone.

Extent to which estimate of mineral resource may be materially affected by any known relevant issues

Neither Management of Rockcliff nor Carcale Creek's Qualified Person, Iain Kelso, is aware of any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant issues that may materially affect the estimate of the mineral resource.

The entire Shihan Report dated November 14, 2011 and titled "Independent Technical Report, Shihan VMS Property, Missanabie, Ontario, Canada" can be viewed at

Rockcliff Resources Inc.

Rockcliff Resources Inc. is a Canadian resource exploration company focused on discovery and advancement of its high-quality mineral assets at its Snow Lake Project. Rockcliff presently controls the Snow Lake Project totalling in excess of 500 km2. The project includes one copper rich NI43-101 Indicated Resource (Rail), two former copper rich VMS Mines (Spruce Point and Dickstone), one historic VMS copper deposit (Lon) and the Tower Copper Deposit. Rockcliff also controls a zinc-silver rich NI43-101 Indicated Resource (Shihan) and a portfolio of precious metal assets including one former gold mine (Century Mine) and one surface gold deposit (C-Zone) in Manitoba and the Black Gold Property in Ontario.

The information in this news release with respect to the Gold Dust Property has been reviewed and approved by Trevor Boyd, Ph.D. P.Geo, a consulting geologist with Caracle Creek, co-author of the Gold Dust Report and a Qualified Person in accordance with the Canadian regulatory requirements as set out in NI43-101.

The information in this news release with respect to the Shihan VMS Property has been reviewed and approved by Iain Kelso, H.B.Sc., P.Geo, a consulting geologist with Caracle Creek, co-author of the Shihan Report and a Qualified Person in accordance with the Canadian regulatory requirements as set out in NI43-101.

For more information please visit our website at

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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