Rockcliff Signs Option Agreement With Hudbay for a Zinc-Rich Deposit

Rockcliff Copper (TSX.V:RCU) announced that the company has signed an option agreement to earn up to 100 percent interest in the Bur property from Hudson Bay Mining and Smelting, a wholly-owned subsidiary of HudBay Minerals (TSX:HBM).
According to the press release:

The Bur property hosts a high grade, zinc-rich Volcanogenic Massive Sulphide (VMS) deposit and is strategically located nearby Hudbay’s operations in the Snow Lake mining camp within the prolific Flin Flon-Snow Lake greenstone belt in Manitoba.
Rockcliff’s President and CEO Ken Lapierre commented, “The Bur deposit is one of the highest grade unmined zinc-rich deposits in the Flin Flon-Snow Lake mining camp and fits perfectly with our goal of acquiring, discovering and advancing high grade metal-rich deposits in this prolific camp. Adding high grade zinc resources near our existing high grade copper resources adds excellent diversity in metals that are moving towards a world-wide shortage. Also, it is one of the most cost effective ways to achieve significant growth within a world class mining camp known for its exceptional metal grades, outstanding infrastructure and low cost electrical power. The addition of this high grade zinc deposit enhances our ability to make significant strides towards our ultimate goal of becoming the next mine finders in one of the best mining and exploration jurisdictions in the world.”

Click here for the full press release.