TORONTO, ONTARIO — (Marketwire) — 10/20/11 — Rockcliff Resources Inc. (TSX VENTURE: RCR) is pleased to announce that a National Instrument 43-101 Technical Report (the “Black Gold Report”) has been completed for its Black Gold Property located NW of the Kirkland Lake Mining Camp. The report was completed by Caracle Creek International Consulting Inc. (Caracle Creek) of Toronto, Ontario for the Company-s wholly-owned subsidiary, Goldpath Resources Corp. Additionally, a strategic block of ground immediately east of the property and located close to the high grade WK Gold Zone has been staked and recorded by Rockcliff. The Black Gold Property covers over 25km2 and includes the high grade surface WK Gold Zone with visible native gold hosted in a pervasive quartz stockwork vein system. It is strategically located NW of the Kirkland Lake mining camp, one of the most prolific gold mining camps in Canada.
Caracle Creek concluded that the Black Gold Property is underexplored and exhibits geological characteristics similar to the lode gold deposits hosted in the nearby Timmins and Kirkland Lake mining camps. Furthermore, the main WK Gold Zone at Black Gold contains high grade gold mineralization in a silica-carbonate alteration zone hosting quartz and auriferous quartz-carbonate vein and/or stockwork veining with minor sulphides and native gold. Also, additional gold potential exists at Black Gold where several other high grade gold showings hosting native gold were historically documented.
Caracle Creek recommends a multi-phase exploration program totalling CAD$1.44 Million. The program includes 250 line kilometres of airborne geophysics as well as geological ground work covering the entire Black Gold Property. Additionally, 6,000m of diamond drilling were recommended at the WK Gold Zone to determine its lateral and vertical extent.
The entire Black Gold Report dated October 6, 2011 and titled “Independent Technical Report, Black Gold Property, Kirkland Lake, 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 NI 43-101 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 has 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 has been reviewed and approved by Julie Palich, M.Sc., P.Geo, a consulting geologist with Caracle Creek, co-author of the Black Gold 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.
Contacts:
Rockcliff Resources Inc.
Ken Lapierre
(416) 863-9800 or (647) 678-3879
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