Rockcliff Metals Corporation recently identified high-grade gold at their DSN Gold Property and Morgan Gold/VMS Properties near Snow Lake.
In a June 25 news release they announced high-grade gold grab sample assay results from the 100 per cent owned assets. Noting that both properties are strategically located within the Snow Lake mining camp and within trucking distances to mill facilities, Ken Lapierre, president and CEO of the company, stated: “Our summer field season is off to a solid start with promising high-grade gold grab sample assay results on two 100 per cent owned gold properties. Both the DSN Gold Property and the Morgan Gold/VMS Property have only seen limited historical gold exploration, even though widespread gold mineralization exists in quartz veins and sulphide rich host rocks,” he said. “We will continue to evaluate the gold potential on these gold properties in the camp and remain optimistic that with more exploration, the true gold potential of both properties will be realized. Additionally, once our current financing is completed, we will initiate a drill program on our high grade 100 per cent owned Rail Copper Deposit located within trucking distance to a base metal processing facility. The drill program will attempt to expand the present Rail Deposit, which is open in all directions and also discover new base metal mineralization along the prospective 5km long Rail Copper Trend. We remain committed to exploring our extensive property portfolio on a priority basis while looking for opportunities to partner or monetize these properties with the primary goal of creating long term shareholder value.”
The DSN Gold Property is located west of the Snow Lake mining camp. Rockcliff’s eight grab samples at the Corely Lake gold showings assayed from trace up to 4.9 gpt (grams per ton) gold. Nineteen grab samples at the Lake Vena gold zone returned assays from 0.11 gpt up to 22.63 gpt gold. Both are within the DSN property.
The DSN property has seen limited gold exploration; although several areas with gold mineralization have been discovered within quartz near the Morton Thrust Fault that strikes across the property a distance of over 15 km. Historical work identified gold mineralization at the Corely Lake gold showings and the Lake Vena gold zone in grab samples, channel samples and small bulk samples.
Rockcliff advises that additional work (in 2018-19) will focus on both areas; surface geophysics, geological mapping and sampling and trenching are planned.
In respect to the Morgan Gold/VMS Property, it hosts stratigraphic horizons similar to the prolific Chisel Lake Basin which contain a number of former zinc mines and is located within the Snow Lake mining camp, about three kilometres from Hudbay Minerals’ Lalor Mine.
Rockcliff’s field work on the property centered on the Finlayson Gold Zone; followed at surface in a series of overgrown and water filled historical trenches, it strikes a distance of 250 metres. Fifteen grab samples returned assays from 0.04 gpt up to 6.82 gpt gold.
Historical gold exploration on the Finlayson Zone identified two shoots of gold bearing quartz veins traced for a strike length of 250 metres. Historical channel sampling in trenches returned assays from trace up to 19.95 gpt gold over 2.3 metres and limited shallow drilling intersected the Finlayson zone and returned assay results from trace up to 22.6 gpt gold over a 1.7 metres thickness. Additional work in 2018-19 will focus on surface geophysical surveys and additional geological mapping and sampling.
