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Rockcliff Metals (CSE: RCLF) has announced that it is on track to deliver a preliminary economic assessment (PEA) for the Tower and Rail properties by Q3-2020.
Both properties are located in the province of Manitoba, in the Canadian prairies, near the central town of Wabowden.
In a press release, Rockcliff Metals said the PEA will include the sequential development of Tower and Rail to provide feed to the Bucko Mill, which the company is leasing; the application of the mining approach, methodology and productivities to the resources established in the updated technical resource estimates reports; the application of results from the recently completed metallurgical characterization test work to flowsheet development and a modification assessment at the Bucko Mill.
130 kilometres from the Bucko Mill, the Tower project occupies 9,530 hectares and hosts a high-grade copper deposit
“Concurrently, Rockcliff will continue to advance permitting activities and documentation to support completion of applications for an Advanced Exploration Permit as well as the Notice of Alteration for the Bucko Mill to allow conversion to production of copper and zinc concentrates,” the media brief states.
Located 130 kilometres from the Bucko Mill, the Tower project occupies 9,530 hectares and hosts a high-grade copper deposit.
Rockcliff reports that Tower consists of 1.08 million tonnes NI 43-101 Indicated mineral resource grading 3.73% Cu, 1.05% Zn, 0.55 g/t Au and 17.28 g/t Ag, plus a 1.25 million tonne NI 43-101 Inferred mineral resource grading 2.0% Cu, 1.02% Zn, 0.27 g/t Au and 9.78 g/t Ag.
The Rail project is located 185 kilometres from the Bucko Mill and hosts a copper deposit where 61 drill holes have been completed. The deposit has a NI 43 – 101 compliant indicated resource of 800,000 tonnes grading 3.04% Cu, 0.74 g/t Au, 0.9% Zn, 9.3 g/t Ag.
According to Rockcliff, the Rail mineralization consists of a single lens of stringers up to massive sulphides of pyrite, pyrrhotite, chalcopyrite and sphalerite.
