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zinc investing

Rockcliff Stakes Extension of High Grade Pen Zinc Deposit, Manitoba

Investing News Network
Feb. 28, 2017 09:09AM PST
Base Metals Investing

Rockcliff Copper (“Rockcliff” or the “Company”) (TSX VENTURE:RCU)(FRANKFURT:RO0)(WKN:A142TR) is pleased to announce it has acquired by staking the Penex zinc property (the “Property”), Snow Lake, Manitoba. The Property is strategically located approximately 4.5 kilometres southwest of Hudbay Minerals Inc.’s (“Hudbay”) high-grade Volcanogenic Massive Sulphide Lalor mine and less than 200 metres from Hudbay’s historic high …

Rockcliff Copper (“Rockcliff” or the “Company”) (TSX VENTURE:RCU)(FRANKFURT:RO0)(WKN:A142TR) is pleased to announce it has acquired by staking the Penex zinc property (the “Property”), Snow Lake, Manitoba. The Property is strategically located approximately 4.5 kilometres southwest of Hudbay Minerals Inc.’s (“Hudbay”) high-grade Volcanogenic Massive Sulphide Lalor mine and less than 200 metres from Hudbay’s historic high grade Pen zinc deposit. The Property hosts the down dip continuation of the high grade Pen zinc deposit and now becomes part of the Company’s Snow Lake Project, one of the highest grade base and precious metals property portfolios in North America. The Snow Lake Project is located in the Snow Lake mining camp located within the prolific Flin Flon-Snow Lake greenstone belt hosting high-grade precious and base metal deposits and mines.
As quoted in the press release:

Ken Lapierre, President and CEO of Rockcliff commented, “Staking of the Penex zinc property containing the down dip continuation of the high grade Pen zinc deposit was very strategic and timely. It underpins our commitment to acquire properties either by staking or acquisition that have significant metal potential within trucking distance to milling facilities in this world class base and precious metals camp. We feel confident that our 100% owned Penex zinc property will become a very strategic asset for Rockcliff.”

Click here for the full text release

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