Laguna Gold Property Summer 2020 Drill Program Underway


ONTARIO - Rockcliff Metals Corporation reported that an affiliate of Kinross Gold Corporation has commenced a Summer 2020 drill program at Rockcliff's Laguna Gold Property in Snow Lake, Manitoba. The planned 5,000-6,000 m drill program will follow up on high-grade gold assay results from the Winter 2020 drill program. Pursuant to the July 2018 option agreement, Kinross may earn up to a 70% interest in Laguna and the Lucky Jack gold properties by spending $5,500,000 over the 6 year term of the option agreement.

Laguna, located in the Flin Flon-Snow Lake Greenstone Belt hosts the historic Rex-Laguna gold mine, Manitoba's first and highest-grade former gold mine. Discovered in 1914, eventual periodic gold mining from the Laguna, between 1936 and 1940, produced over 60,000 ounces of gold with an average grade of 16.7gpt. Laguna includes 28 contiguous mining claims totaling 3,501 hectares.

A 13 hole, 5,240 m Winter 2020 drill program followed up on the success of the Fall 2019 drill program. Multiple holes intersected significant, shallow, gold mineralization. Drilling tested 3 main gold areas located at the historical Bingo shaft area, the Laguna Main Zone and the Kiski Vein. T

Additional surface work this spring on the adjoining Lucky Jack property to the south confirmed the presence of gold in quartz veining along strike of the historical Zona Shaft and at the historical Lucky Jack showing. The highest grade assay from Zona was 32.9g/t gold and the best result from the Lucky Jack area was 4.4g/t gold. Granodiorite is the host rock to the veining in both areas.

The Summer 2020 drill program is now underway. Between 5,000-6,000 m drilling is planned. The program will follow-up on the high grade intercepts encountered in the previous successful drill programs and will include focus on the Laguna area and the Kiski Vein area . Drilling will test along strike and at depth of the known gold mineralization.

Additional holes have been designed to test a large resistivity anomaly that was identified in the recently completed 3D Induced Polarization geophysical survey model.