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Rockcliff Metals drilling intersects visible gold at Laguna Gold Property

Mining News - Published on Fri, 11 Jan 2019

Image Source: Junior Mining Network
Rockcliff Metals Corporation announced that a first phase drill program has been completed on the Company's high-grade Laguna Gold Property located in Snow Lake, Manitoba. The Laguna Gold Property was last drilled in 1944 and hosts the past producing Rex-Laguna mine that was Manitoba's first and highest-grade gold mine. Rockcliff's President & CEO Ken Lapierre stated "We look forward to the assay results from the first drill program completed on the property in over 70 years. The drill program not only identified depth extents of several historical gold bearing surface quartz veins - it also discovered new quartz veins with visible gold. Several holes were extended well beyond their original target depths as mineralized quartz veins and surrounding mineralized host rock were intersected at depths of over 500 metres. Exploration will continue in 2019."

The purpose of the drill program was to determine if known historical gold bearing quartz veins had depth potential and to discover additional auriferous mineralization. A total of six widely spaced holes totalling 2,552 metres were drilled across a strike length of 2,115 metres within the six-kilometre-long Laguna Gold Mine Trend. All holes intersected mineralized quartz veins and mineralized tuffaceous and porphyritic host rock. Several holes discovered new mineralized targets for future testing. Two of the six holes intersected very fine-grained flecks of visible gold within several mineralized quartz veins. Pending assay results in the coming weeks will be announced once all samples are verified.

The Laguna Gold Property hosts the Rex-Laguna gold mine, Manitoba's first and highest-grade historic gold mine located within the Snow Lake Gold camp. The camp is located within the Flin Flon-Snow Lake greenstone belt, a belt known originally for its high-grade gold mines and now for its high-grade base metal mines. Historical, intermittent gold mining at Rex-Laguna, between 1916 and 1939 produced over 60,000 ounces of gold grading 18.7 g/t. The Laguna Gold Property includes 28 contiguous mining claims totalling 3,501 hectares, covering a minimum of 6.0 kilometres of prospective strike length of the Laguna Gold Mine Trend.

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Posted By : Rabi Wangkhem on Fri, 11 Jan 2019
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