Rockcliff’s Geophysical Survey Identifies Gold Targets at the Laguna Gold Property, Snow Lake, Manitoba

by Cathy Hume @ News - Rockcliff Metals Corp.

Thu Sep 07 06:05:26 PDT 2017

Toronto, ON – September 7, 2017 –  Rockcliff Copper Corporation ("Rockcliff" or the "Company") (TSX VENTURE: RCU) (FRANKFURT: RO0) (WKN: A142TR) is pleased to announce that an airborne drone magnetometer survey has been completed at the Company’s high grade Laguna Gold Property, Snow Lake, Manitoba.  The survey has identified the Laguna Gold Mine Trend, a minimum 6 kilometre long, structurally complex geological environment associated with known surface-exposed structurally controlled gold bearing quartz stockwork systems.  The Laguna Gold Property hosts the former high-grade Laguna gold mine, Manitoba’s first and highest grade gold mine and is part of the Company’s Snow Lake Project.  The Snow Lake Project is one of the highest grade precious and base metals property portfolios in North America. The Snow Lake Project is located in the prolific Flin Flon-Snow Lake mining camp which has had over a 100 year history in mining of high grade precious and base metals.

Ken Lapierre President & CEO stated "the airborne drone magnetometer survey successfully identified the Laguna Gold Mine Trend, a six kilometre long by 200 metre wide structurally complex geological trend. The Laguna Gold Mine Trend hosts multiple, surface-exposed, high grade gold-bearing quartz vein stockwork systems which are associated with sub-parallel subsidiary fault splays east of a major regional NE-SW trending thrust fault known as the Crowduck Bay Fault.  The high grade gold bearing quartz vein stockworks are located along high-strain zones on or near the contact with partially exposed folded quartz-feldspar-porphyry intrusions.  The potential for the discovery of additional gold bearing quartz vein stockworks within the Laguna Gold Mine Trend is considered excellent and represents the priority target at the Laguna Gold Property.  Additional surveys including VLF and IP geophysical surveys across the Laguna Gold Mine Trend are nearing completion and results will be released in the coming weeks.”

About the Laguna Gold Mine, Manitoba’s First and Highest Grade Gold Mine

The Laguna Gold Property hosts the Laguna gold mine, Manitoba’s first and highest grade former gold mine located in the Flin Flon-Snow Lake mining camp. Historical, intermittent gold mining between 1916 and 1939 produced over 60,000 ounces of high grade gold grading approximately 19.0 g/t.  The Laguna gold mine’s infrastructure consists of a reclaimed and covered three compartment vertical shaft to 381 metres and 8 levels totalling over 3 kilometres of underground drift and stope development. The Laguna Gold Property now includes 28 contiguous mining claims totalling 3,501 hectares covering a minimum 6 kilometres of prospective strike length of the Laguna Gold Mine Trend. The Laguna Gold Property is strategically located near an existing 2,150 tonne per day, presently non-operational, gold mill in Snow Lake, Manitoba.

The gold mineralization on the Laguna Gold Property is metallogenically controlled by subsidiary thrust faults attributed to the major regional Crowduck Bay Fault which crosses the entire length of the Laguna Gold Property. The gold-rich quartz veining and stockwork systems along the northwest limb of the Herb Lake Syncline typically occur where the subsidiary faults intersect quartz-feldspar and biotite porphryry stocks that intrude Missi Group sedimentary and volcanic rocks. Quartz, iron carbonate-albite-sericite alteration commonly overprint peak regional metamorphic assemblages within gold bearing vein margins. Mineralization in quartz and surrounding quartz stockwork wall rock consists of pyrite, arsenopyrite, chalcopyrite, sphalerite, galena, pyrrhotite, native gold and telluride.

Pursuant to its option agreement Rockcliff can earn a 100% interest in the Laguna Gold Property. Please refer to the Company’s news release dated September 12, 2016 for specific terms of the option agreement.

State-of-the-Art Airborne Drone Magnetometer Survey

A total of 1,120 kilometres of tightly spaced lines between 25 metre and 50 metre spacing was completed at the Laguna Gold Property by A.I.R. Inc. based in Flin Flon, Manitoba. The low flying Unmanned Aerial Vehicle (UAV) is a state-of-the-art Canadian designed and built helicopter style UAV which slings a potassium magnetic sensor underneath. Helicopters offer many advantages over other kinds of UAVs: Vertical Take-off and Launch, highest aerodynamic efficiency in forward flight as well as the best size vs payload vs flight time available. A GPS guided autopilot coupled with ground elevation data allows it to fly accurate survey lines that hug the terrain. With the implementation of a UAV over conventional ground and airborne surveys, users can now economically fly extremely tightly spaced lines with high density ground sampling distances without the need for line cutting. It is now possible to resolve individual magnetic anomalies that were previously indistinguishable when surveyed using conventional ground and airborne surveys, a perfect solution for structurally controlled gold exploration targets like that at the Laguna Gold Property. Ultimately, magnetic surveys done from a UAV deliver higher quality magnetic data at a decreased cost with a reduced environmental footprint.

About Rockcliff

Rockcliff is a Canadian resource exploration company focused on consolidation of the highest grade unmined precious and base metal mines/deposits in the prolific Flin Flon – Snow Lake greenstone belt specifically centered on Snow Lake, Manitoba. The Company’s Snow Lake Project, totalling in excess of 45,000 collective hectares is located in and around the Snow Lake mining camp.  The Snow Lake Project hosts the highest grade unmined NI 43-101 compliant copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit) and the highest grade unmined historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Snow Lake Project also includes Manitoba’s first and highest grade former Laguna gold mine, the high grade SLG gold property, the high grade DSN gold property and a Net Smelter Royalty (NSR) on the Tower property (the high grade T-1 copper deposit).  Near Leaf Rapids, north of Snow Lake, Rockcliff owns the near surface high grade MacBride zinc deposit.  Additionally, Rockcliff owns a NI 43-101 compliant zinc-silver deposit (the Shihan deposit) in Ontario and a royalty on two gold properties in Colombia, South America.

Ken Lapierre P.Geo., President and CEO of Rockcliff, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this press release.

Please visit our website at www.rockcliffcoppercorp.com for additional information about the Company.

Rockcliff is well funded with approximately CDN$1.7 million in its treasury and no debt.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Copper Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
klapierre@rockcliffcoppercorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Terminates Previous Financing, Share Consolidation, Change of Name and Appointment of New Directors

by Cathy Hume @ News - Rockcliff Metals Corp.

Wed Mar 07 05:41:03 PST 2018

Toronto, ON – March 7, 2018 – Rockcliff Metals Corporation (“Rockcliff” or the “Company”) (TSX.V: RCLF) (FRANKFURT: RO0, WKN: A2H60G) wishes to announce that it has terminated its previously announced (see Press Release dated January 31, 2018) financing, share consolidation, change of name and appointment of two new directors.

Rockcliff’s President & CEO, Ken Lapierre, stated: “The Board of Directors and Management of Rockcliff have determined that at this time, and in the best interest of its shareholders, the Company will not proceed with the previously announced restructuring that included a $1.5M financing, a 5:1 share consolidation, a change of name and the appointment of two new directors. However, we look forward to focusing on advancing our optioned and 100% owned high-grade VMS and gold properties in one of the most prolific mining camps in the world.”

About Rockcliff Metals Corporation

The Company is a Canadian resource exploration company focused on the discovery, advancement and consolidation of a portfolio of the highest grade, undeveloped metal deposits in the prolific Flin Flon – Snow Lake greenstone belt located in central Manitoba. The Company’s current portfolio of projects, totaling in excess of 45,000 hectares, is located in and around the Snow Lake mining camp and hosts some of the highest grade undeveloped NI 43-101 compliant copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and some of the highest grade undeveloped historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Company’s properties also include Manitoba’s first and highest grade former lode gold producer (Laguna Gold property), four additional gold-rich properties (SLG Gold property, DSN Gold property, Berry Creek Gold property and Lucky Jack Gold property), a Net Smelter Royalty on the Tower property slated for production in 2020 (the T-1 copper deposit) and the optioned near surface high grade MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

For further information, please contact: 

Rockcliff Metals Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
ken@rockcliffmetals.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Closes $1.35 Million Non-Brokered Private Placement

by Cathy Hume @ News - Rockcliff Metals Corp.

Tue Aug 29 07:33:28 PDT 2017

Toronto, ON – August 29, 2017 –  Rockcliff Copper Corporation ("Rockcliff" or the "Company") (TSX VENTURE: RCU) (FRANKFURT: RO0) (WKN: A142TR) announced that the Company has closed its non-brokered Offering announced in its press release of August 22, 2017.  The Company placed 22,500,000 units at a price of $0.06 per unit for gross proceeds of $1,350,000 (the “Offering”).

Rockcliff’s President & CEO Ken Lapierre commented, “We are pleased that the oversubscribed financing is now complete and significant funds are available to continue with our exploration efforts on our Snow Lake Project. We will continue to focus on our priority properties specifically the Laguna Gold Property, the Talbot Copper Property and the Bur Zinc Property.  Our project hosts some of the highest grade precious and base metal properties in the Flin Flon-Snow Lake mining camp and we plan to advance these properties through a systematic, scientific approach focussed on geology, geophysics and drilling”.

Each unit priced at $0.06 consisted of one (1) common share and one (1) common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of $0.12 for two years from closing.

Eligible finders were paid cash fees of $ $66,849.98 and 1,114,166 broker warrants. Each broker warrant entitles the holder to acquire one common share of Rockcliff at $0.06 for a period of two years from closing.

All securities issued pursuant to the above referenced private placement are subject to a four month hold period expiring on December 29, 2017.

Insiders of the Company subscribed for 450,000 units of the Offering. The insider purchases are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (“MI 61-101”) by virtue of the exemptions contained in section 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the units issued to the insiders does not exceed 25% of the Company’s market capitalization.

About Rockcliff Copper Corporation

Rockcliff is a Canadian resource exploration company focused on the discovery, advancement and consolidation of the highest grade, unmined metal deposits in the prolific Flin Flon – Snow Lake greenstone belt specifically centered in Snow Lake, Manitoba. The Snow Lake Project, totalling in excess of 45,000 collective hectares, is located in and around the Snow Lake mining camp and hosts the highest grade unmined NI 43-101 copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and the highest grade unmined historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Snow Lake Project also includes Manitoba’s first and highest grade former lode gold producer (Laguna gold property), a Net Smelter Royalty (NSR) on the Tower property (the T-1 copper deposit) and the near surface MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Copper Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
klapierre@rockcliffcoppercorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Announces $1.5 Million Non-Brokered Private Placement, Proposed Share Consolidation, Change of Name and Appointment of New Directors

by Cathy Hume @ News - Rockcliff Metals Corp.

Wed Jan 31 19:00:00 PST 2018

Toronto, ON – January 31, 2018 – Rockcliff Metals Corporation (“Rockcliff” or the “Company”) (TSX.V: RCLF) (FRANKFURT: RO0, WKN: A2H60G) is pleased to announce that it intends to complete a 5 to 1 consolidation of its outstanding capital (the “Consolidation”) and a $1.5 million non-brokered private placement (the “Financing”) of 6 million post-Consolidation working capital units (“WC Units”). The Company also intends to change its name to “Manitoba Metals Corporation” (the “Name Change”) with a new trading symbol of “MAN” and appoint two new directors to its Board.

Consolidation

Further to the approval by the Company’s shareholders obtained on October 19, 2017, the Company will complete the Consolidation of its issued and outstanding common shares on the basis of one (1) post-Consolidation common share for every five (5) pre-consolidation common shares resulting in a total of approximately 32,141,457 post-Consolidation common shares issued and outstanding following the Consolidation and prior to completion of the Financing. No fractional common shares will be issued as a result of the Consolidation.   All fractions of post-Consolidation common shares will be rounded to the next lowest whole number and such fractional common shares will be cancelled. Following the completion of the Financing, outstanding capital will be approximately 38,141,457 post-Consolidation common shares.

Financing and Name Change

After giving effect to the Consolidation, the Financing will comprise a WC Unit priced at $0.25 and consisting of one (1) common share and one common share purchase warrant (a “WC Warrant”).  Each WC Warrant entitles the holder to purchase one (1) common share (a “WC Warrant Share”) at a price of $0.35 per WC Warrant Share until two (2) years from the closing of the Financing. Eligible finders may receive a cash fee of up to 7% of the value of WC Units sold and broker warrants of up to 7% of the number of WC Units sold. Each broker warrant entitles the holder to acquire one common share of the Company at $0.25 for a period of two years from the closing of the Financing. The Company will issue 6,000,000 common shares and 6,000,000 WC Warrants in respect of the Financing. All securities issued pursuant to the Financing will be subject to a four month hold period.

The net proceeds from the Financing will be used to fund exploration of the Company’s Manitoba properties and for general working capital purposes.  The Company’s Manitoba properties in the Snow Lake mining camp include some of the highest grade undeveloped base metal (copper and zinc) deposits.  Exploration activities will include geological, airborne and surface geophysical and diamond drilling programs in respect of the Company’s base metal deposits.

The Financing is anticipated to close by February 14, 2018. Completion of the Consolidation and Name Change is conditional upon the funds from the Financing being in place immediately prior to effecting the Consolidation and Name Change after which the Financing will close.

The Company will issue a press release immediately prior to the closing of the Financing, setting out the new CUSIP number and trading symbol and the timing for the commencement of trading under the new name and symbol on the TSX Venture Exchange (“TSXV”).

Upon completion of the Financing, the Company intends to appoint Matthew Hornor and Robert Leckie to the Board of Directors. Donald Christie and William R Johnstone will be resigning as directors upon the appointment of Messrs. Hornor and Leckie. Mr. Johnstone will remain the Corporate Secretary of the Company.

Rockcliff’s President & CEO, Ken Lapierre, stated: “With completion of the Financing, a new name and new Board members, we are making serious and Company changing steps that are timely and exciting.  Our name change reflects our commitment to our Manitoba operations.  With the ongoing trend of increasing metal demand and decreasing metal supply, Manitoba Metals Corporation will be in a position to take advantage of improving market conditions.  I believe 2018 will be a breakthrough year for the Company and we look forward to exploration successes and resource growth from our high-grade assets in Manitoba.”

New Directors

Mr. Matthew Hornor is an executive leader with a proven track record in the legal, financial and business development arenas. He has extensive expertise in raising capital having worked with the Ivanhoe group of companies for over ten years.  Mr. Hornor presently serves as President & CEO of Maple Gold Mines (TSX.V: MGM), a junior gold exploration and development Company which is advancing the Douay Gold Project in Quebec, Canada. Mr. Hornor recently served as the VP and Executive VP for Ivanhoe Mines Ltd.  for ten years.  He negotiated and completed project financings during his time with Ivanhoe Mines Ltd. with international banking syndicates, structured strategic alliances and directly negotiated equity capital raises totalling more than CDN$450M. Mr. Hornor also acted as Managing Director for Ivanhoe Capital Corporation for ten years and was Chairman for Ivanplats Holding SARL (owner of the Platreef project) for over four years. While serving a four-year term as CEO of Kaizen Discovery Inc., Mr. Hornor successfully structured multiple resource project acquisitions, equity financings and delivered a collaboration agreement with Itochu Corporation, a prominent Japanese trading and investment house. Fluent in Japanese, Mr. Hornor maintains a strong relationship in Japan with top management at major corporations, mining companies, investment firms and trading houses.

Mr. Robert Leckie currently serves as a Vice-President of Dundee Resources Ltd., where he is responsible for identifying and developing investment opportunities. Mr. Leckie is a graduate of Dalhousie University in Halifax, Nova Scotia. Previously Mr. Leckie has worked in corporate finance at a Toronto boutique, served as a Managing Director of Dundee Acquisition Ltd., and has sat on the board of various public and private companies including Reunion Gold Corporation, AGM Ghana, True North Nickel Inc., and Focused Capital II Corp. Additionally, he is currently acting CEO of AgriMarine Holdings Inc."

The Board would like to thank Mr. Johnstone and Mr. Christie who have been instrumental in laying the building blocks for the Company’s growing resources in Manitoba and have been very supportive of this new and exciting direction the Company is now taking.

Rockcliff’s President & CEO, Ken Lapierre, stated: “The addition of Mr. Horner and Mr. Leckie is an exciting new step in the evolution of the Company.  Matthew and Rob will give us a distinct advantage in the equity markets to not only disseminate the Company’s story to a broader, global retail and institutional audience but will also allow us access to a larger financial network for additional equity capital raises. To have the opportunity to access greater funds to explore our numerous high-grade properties at the same time, the value creation would be exponential and the additional exploration results obtained could be phenomenal.”

The Consolidation, the Financing, the Name Change and the appointment of two new directors are subject to the approval of TSXV.

About Manitoba Metals Corporation

The Company is a Canadian resource exploration company focused on the discovery, advancement and consolidation of a portfolio of the highest grade, undeveloped metal deposits in the prolific Flin Flon – Snow Lake greenstone belt located in central Manitoba. The Company’s current portfolio of projects, totalling in excess of 45,000 hectares, is located in and around the Snow Lake mining camp and hosts some of the highest grade undeveloped NI 43-101 compliant copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and some of the highest grade undeveloped historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Company’s properties also include five gold-rich properties, a Net Smelter Royalty on the Tower property (the T-1 copper deposit) and the optioned near surface high grade MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Metals Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
ken@rockcliffmetals.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Acquires Gold Property, Snow Lake, Manitoba

by Cathy Hume @ News - Rockcliff Metals Corp.

Thu Oct 05 06:39:13 PDT 2017

Toronto, ON – October 5, 2017 – Rockcliff Copper Corporation (“Rockcliff“ or the “Company”) (TSX.V: RCU) (FRANKFURT: RO0, WKN: A142TR) is pleased to announce that the Company, through its 100% owned subsidiary, Goldpath Resources Corp., has entered into an option agreement to earn a 100% interest in the Berry Creek gold property, located in Snow Lake, Manitoba.  The Berry Creek gold property is located approximately 5 kilometres by highway from a 2,000 tonne per day (“tpd”) gold mill facility in the Snow Lake mining camp within the prolific Flin Flon-Snow Lake Greenstone Belt located in central Manitoba.

President & CEO of Rockcliff, Ken Lapierre commented, “The Berry Creek gold property becomes our fourth high grade gold property located in the middle of a world class Volcanogenic Massive Sulphide mining camp known originally for its gold mining potential.  The Berry Creek gold property hosts numerous areas with high grade gold mineralization located in outcrop and in surface trenches. Historical diamond drilling below the trenches also intersected high grade gold mineralization in gold bearing quartz-rich intrusive rocks. The gold mineralization is interpreted to be associated with fault splays off the main regional Berry Creek Thrust Fault within a large felsic to intermediate intrusive complex. The potential gold targets on the Berry Creek gold property are high grade gold within quartz veins and low grade gold in intrusive rocks which has never been investigated historically. Our plan is to advance the Berry Creek gold property through geophysics, geology and drilling in 2018.”

Several areas of historical gold mineralization on the Berry Creek gold property include:

1. Visible gold in grab samples.  Assays from trace up to 90.0g/t gold , trace up to 2.48% zinc and trace up to 0.51% copper
2. Drill hole Snow-03 intersected 3.8g/t gold across 3.6 metres starting at 6.6 metres
3. Drill hole Snow-06 intersected 4.7g/t gold across 4.3 metres starting at 37.0 metres including 19.0g/t gold across 0.5 metres
4. Drill hole Snow-17 intersected 3.5g/t gold across 4.0 metres starting at 17.5 metres including 13.4g/t gold across 0.5 metres

Several highlights of the Berry Creek gold property include:

1. High Grade Gold: surface Visible Gold and high grade gold drill results above 100 metres vertical
2. Low Grade Gold: potential for a large low grade gold environment
3. Location: 5 kilometres from a 2,000tpd gold mill facility in the Snow Lake mining camp
4. Geophysical Anomalies: untested airborne anomalies are located within property
5. Base Metal Potential: property surrounded by base metal mines and deposits

Rockcliff can acquire a 100% interest in the Berry Creek gold property by paying the owner an aggregate of $140,000 cash over a three year period including $35,000 on signing and $35,000 annually in three equal payments.  Expenditure requirements to keep the option in good standing over five years total $500,000 with a minimum $75,000 expenditure requirement in in any year. The owner will retain a 2.0% Net Smelter Royalty (NSR) on the Berry Creek gold property  of which 1.0% NSR can be purchased at any time for $500,000 per 0.5% NSR.  The owner’s remaining NSR will be subject to a right of first refusal in favour of Rockcliff.

Ken Lapierre P.Geo., President and CEO of Rockcliff., a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this press release.

About Rockcliff Copper Corporation

Rockcliff is a Canadian resource exploration company focused on the discovery, advancement and consolidation of a portfolio of the highest grade, undeveloped metal deposits in the prolific Flin Flon – Snow Lake Greenstone Belt located in central Manitoba. The Company’s current portfolio of projects, totalling in excess of 45,000 hectares, is located in and around the Snow Lake mining camp and hosts the highest grade undeveloped NI 43-101 copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and the highest grade undeveloped historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Company’s projects also include Manitoba’s first and highest grade former lode gold producer (Laguna gold property), three additional gold-rich properties (SLG gold property, DSN gold property and Berry Creek gold property), a Net Smelter Royalty (NSR) on the Tower property (the T-1 copper deposit)slated for potential production in 2019 and the near surface MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Copper Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
klapierre@rockcliffcoppercorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Metals to Attend Upcoming Resource Investment Conference 2018

by Cathy Hume @ News - Rockcliff Metals Corp.

Wed Jan 10 06:11:58 PST 2018

Toronto, ON – January 10, 2018 – Rockcliff Metals Corporation (TSX.V: RCLF) (FRANKFURT: RO0, WKN: A2H60G) will attend the Vancouver Resource Investment Conference brought to you by Cambridge House International.

Vancouver Resource Investment Conference

• Vancouver Convention Centre West, January 21-22, Booth 805
• http://cambridgehouse.com/e/vancouver-resource-investment-conference-2018-69

About Rockcliff Metals Corporation

Rockcliff is a Canadian resource exploration company focused on the discovery, advancement and consolidation of a portfolio of the highest grade, undeveloped metal deposits in the prolific Flin Flon – Snow Lake greenstone belt located in central Manitoba. The Company’s current portfolio of projects, totalling in excess of 45,000 hectares, is located in and around the Snow Lake mining camp and hosts some of the highest grade undeveloped NI 43-101 compliant copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and some of the highest grade undeveloped historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Company’s properties also include Manitoba’s first and highest grade former lode gold producer (Laguna Gold property), four additional gold-rich properties (SLG Gold property, DSN Gold property, Berry Creek Gold property and Lucky Jack Gold property), a Net Smelter Royalty on the Tower property (the T-1 copper deposit) and the optioned near surface high grade MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

For further information, please contact: 

Rockcliff Metals Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
ken@rockcliffmetals.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Payroll records

by Steven Bragg @ Articles - AccountingTools

Tue Mar 27 12:00:00 PDT 2018

Payroll records contain information about the compensation paid to employees and any deductions from their pay. These records are needed by the payroll staff to calculate gross pay and net pay for employees. Payroll records typically include information about the following items:

• Bereavement pay
• Bonuses
• Commissions
• Deductions for pensions, benefits, charitable contributions, stock purchase plans, and so forth
• Direct deposit information
• Gross wages
• Hours worked
• Manual check payments
• Net wages paid
• Salary rates
• Vacation and/or sick pay

The information in payroll records have traditionally been stored on paper documents, but can also be recorded as electronic documents.

Payroll records can be considered a subset of the information stored in human resources records, which can contain considerably more information than items pertaining to just employee pay and deductions.

The time period over which payroll records must be retained will depend upon government requirements. The Internal Revenue Service typically states a required retention period in each document it issues dealing with payroll issues. In general, wage calculations should be retained for two years, while collective bargaining agreements should be retained for three years.

Related Courses

Payroll Management 

Additional High Grade Gold Documented at Snow Lake Project Fully Permitted Summer Exploration Program to Commence

by Cathy Hume @ News - Rockcliff Metals Corp.

Thu May 25 05:57:50 PDT 2017

Toronto, ON – May 25, 2017 –  Rockcliff Copper Corporation ("Rockcliff" or the "Company") (TSX VENTURE: RCU) (FRANKFURT: RO0) (WKN: A142TR) is pleased to report additional high gold grades from previous historical surface exploration at its gold-rich Dickstone North Property ("DSN"). The DSN Property, Laguna Property and SLG Property are high grade gold properties controlled by Rockcliff within its high grade precious and base metal Snow Lake Project ("Project") located in central Manitoba. The Project presently hosts the highest grade unmined copper rich and zinc rich Volcanogenic Massive Sulphide ("VMS") deposits and highest grade former gold mine within the world class Flin Flon-Snow Lake greenstone belt. The Project is located within trucking distances to mining infrastructure including base and precious metal mills at Snow Lake, Manitoba.

A fully permitted, surface exploration program will commence shortly on the gold properties of the Project in preparation for an initial Fall 2017 drill program. The three gold properties of the Project are briefly outlined below.

At the DSN Property, a major regional structural break called the Morton Lake Fault Zone, crosses the property for a distance 15 kilometres ("km"). The fault zone hosts multiple high grade gold showings with noted visible gold. Historical surface grab sample results ranging from trace to as high as 34.0 grams per tonne ("g/t") gold and historical channel samples from trace to as high as 104.5 g/t gold across 0.25 metres ("m") have been identified in several mineralized quartz vein systems along a 3 km long section of the fault zone. Rockcliff's geological program will focus on the known area of gold mineralization within the fault zone and on the remaining 12 km strike length that was completely overlooked by previous operators. Rockcliff holds a 100% interest in the DSN Property.

At the Laguna Property, the Crowduck Bay Fault Zone, a major regional structural break with an associated gold-rich fault splay crosses through the property. A 6 km long fault splay termed the Laguna Gold Mine Trend hosts numerous high grade quartz vein systems and the former Laguna Gold Mine, the first and highest grade gold mine in Manitoba. Historical, intermittent gold mining from the Laguna vein between 1916 and 1939 produced over 60,000 ounces of gold grading 18.7g/t. Rockcliff's previously announced surface grab sample results ranging from trace to over 600 g/t gold were identified in narrow (less than 1.0 m) and up to 3-5 m wide quartz stockwork systems within the Laguna Gold Mine Trend. A surface and airborne geophysical program which began in early 2017 will be completed after winter break-up. Rockcliff's geological program will assist in the drilling planned for the Fall of 2017. Rockcliff has an option to earn a 100% interest in the Laguna Property. See the Company's Press Release dated September 12, 2016 for particulars.

At the SLG Property, the McLeod Road Thrust Fault, a major regional structural break, crosses through the property a distance of 9.0 km. The thrust fault and associated gold-rich fault splays host the former million ounce gold producer (New Britannia/Nor Acme Mine) which is located adjacent to the property. The mineralization and resources on the New Britannia/Nor Acme Mine are not necessarily indicative of the mineralization, if any, hosted on the Company's property. Within the property several areas of high grade gold potential associated with the thrust fault will be explored in the upcoming geological program. Rockcliff has an option to earn a 100% interest in the SLG Property. See the Company's Press Release dated October 5, 2016 for particulars.

Ken Lapierre, President and CEO commented, "The upside gold potential of our three gold properties within our Snow Lake Project is excellent. While we remain committed to advancing our core VMS properties we cannot underestimate the primary lode gold potential of our project which includes Manitoba's first and highest grade gold mine. The fact that the present Snow Lake VMS mining camp initially began as a gold mining camp and hosting a plus million ounce gold producer bodes well for the potential of our nearby gold properties. We look forward to advancing these gold properties through a systematic, scientific summer exploration program followed by a first phase Fall 2017 drill program."

Quality Control and Quality Assurance
Samples of half core are packaged and shipped directly from Rockcliff's field office to TSL Laboratories (TSL), Saskatoon, Saskatchewan. TSL is a Canadian assay laboratory and is accredited under ISO/IEC 17025. Each bagged core sample is dried, crushed to 70% passing 10 mesh and a 250g pulp is pulverized to 95% passing 150 mesh for assaying. A 0.5g cut is taken from each pulp for base metal analyses and leached in a multi acid (total) digestion and then analyzed for copper, lead, zinc and silver by atomic absorption. Gold concentrations are determined by fire assay using a 30g charge followed by an atomic absorption finish. Samples greater than upper detection limit (3000 ppb) are reanalyzed using fire assay gravimetric using a 1 AT charge. Rockcliff inserted certified blanks and standards in the sample stream to ensure lab integrity. Rockcliff has no relationship with TSL other than TSL being a service provider to the Company.

Ken Lapierre P.Geo., President and CEO of Rockcliff, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this press release.

About Rockcliff Copper Corporation
Rockcliff is a Canadian resource exploration company focused on the discovery, advancement and consolidation of the highest grade unmined metal deposits in the prolific Flin Flon - Snow Lake greenstone belt specifically centered on Snow Lake, Manitoba, Canada. The Snow Lake Project, totalling in excess of 45,000 collective hectares is located in and around the Snow Lake mining camp and hosts the highest grade unmined NI 43-101 copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and the highest grade unmined historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit). The Snow Lake Project also includes a high grade former lode gold producer (Laguna gold property), a Net Smelter Royalty (NSR) on the Tower property (the T-1 copper deposit) and the near surface MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Copper Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
klapierre@rockcliffcoppercorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Announces Over-Subscription of Non-Brokered Private Placement

by Cathy Hume @ News - Rockcliff Metals Corp.

Tue Aug 22 13:12:00 PDT 2017

Toronto, ON – August 22, 2017 –  Rockcliff Copper Corporation ("Rockcliff" or the "Company") (TSX VENTURE: RCU) (FRANKFURT: RO0) (WKN: A142TR) is pleased to announce that the Company’s previously announced non-brokered private placement offering (see the Company’s Press Release dated July 10, 2017) is over-subscribed and is being increased to an offering of up to 22,500,000 units (the “Units”) of the Company at a price of $0.06 per Unit for gross proceeds of up to $1,350,000 (the “Offering”). 

Each Unit comprises one (1) common share and one (1) common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of $0.12 for a period of two years from the closing date of the Offering.

The net proceeds from the Offering will be used to fund exploration of the Company’s Snow Lake Project in Manitoba and for general working capital purposes.  The Snow Lake Project includes the highest grade, unmined base metal (copper and zinc) deposits in the prolific Snow Lake mining camp and Manitoba’s first and highest grade former lode gold mine.  Exploration activities will include geological, airborne and surface geophysical and diamond drilling programs.

Eligible finders may receive a cash fee up to 7% of the value of Units sold and broker warrants up to 7% of the number of Units sold. Each broker warrant entitles the holder to acquire one common share of Rockcliff at $0.06 for a period of two years from the closing date of the Offering.

All securities issued pursuant to the Offering are subject to a statutory four month hold period from the closing date of the Offering. The Offering is anticipated to close by early next week.

Insiders of the Company may subscribe for up to 450,000 units of the Offering. The insider purchases are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (“MI 61-101”) by virtue of the exemptions contained in section 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the Units to be issued to the insiders will not exceed 25% of the Company’s market capitalization.

About Rockcliff Copper Corporation
Rockcliff is a Canadian resource exploration company focused on the discovery, advancement and consolidation of the highest grade, unmined metal deposits in the prolific Flin Flon – Snow Lake greenstone belt specifically centered in Snow Lake, Manitoba. The Snow Lake Project, totalling in excess of 45,000 collective hectares, is located in and around the Snow Lake mining camp and hosts the highest grade unmined NI 43-101 copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and the highest grade unmined historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Snow Lake Project also includes Manitoba’s first and highest grade former lode gold producer (Laguna gold property), a Net Smelter Royalty (NSR) on the Tower property (the T-1 copper deposit) and the near surface MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Copper Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
klapierre@rockcliffcoppercorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Announces $1.2 Million Non-Brokered Private Placement

by Cathy Hume @ News - Rockcliff Metals Corp.

Mon Jul 10 06:11:06 PDT 2017

Toronto, ON – July 10, 2017 –  Rockcliff Copper Corporation ("Rockcliff" or the "Company") (TSX VENTURE: RCU) (FRANKFURT: RO0) (WKN: A142TR) is pleased to announce that the Company is offering up to 20,000,000 units (the “Units”) of the Company at a price of $0.06 per Unit for gross proceeds of up to $1,200,000 (the “Offering”).

Each Unit comprises one (1) common share and one (1) common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of $0.12 for a period of two years from the closing date of the Offering.

The net proceeds from the Offering will be used to fund exploration of the Company’s Snow Lake Project in Manitoba and for general working capital purposes.  The Snow Lake Project includes the highest grade, unmined base metal (copper and zinc) deposits in the prolific Snow Lake mining camp and Manitoba’s first and highest grade former lode gold mine.  Exploration activities will include geological, airborne and surface geophysical and diamond drilling programs.

Eligible finders may receive a cash fee up to 7% of the value of Units sold and broker warrants up to 7% of the number of Units sold. Each broker warrant entitles the holder to acquire one common share of Rockcliff at $0.06 for a period of two years from the closing date of the Offering.

All securities issued pursuant to the Offering are subject to a statutory four month hold period from the closing date of the Offering The Offering is subject to TSX Venture Exchange approval.

Insiders of the Company may subscribe for up to 950,000 units of the Offering. The insider purchases are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (“MI 61-101”) by virtue of the exemptions contained in section 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the Units to be issued to the insiders will not exceed 25% of the Company’s market capitalization.

About Rockcliff Copper Corporation
Rockcliff is a Canadian resource exploration company focused on the discovery, advancement and consolidation of the highest grade, unmined metal deposits in the prolific Flin Flon – Snow Lake greenstone belt specifically centered in Snow Lake, Manitoba. The Snow Lake Project, totalling in excess of 45,000 collective hectares, is located in and around the Snow Lake mining camp and hosts the highest grade unmined NI 43-101 copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and the highest grade unmined historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Snow Lake Project also includes Manitoba’s first and highest grade former lode gold producer (Laguna gold property), a Net Smelter Royalty (NSR) on the Tower property (the T-1 copper deposit) and the near surface MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Copper Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
klapierre@rockcliffcoppercorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com

Rockcliff Announces Name Change

by Cathy Hume @ News - Rockcliff Metals Corp.

Wed Nov 01 07:21:31 PDT 2017

Toronto, ON – November 1, 2017 – Rockcliff Copper Corporation (“Rockcliff“ or the “Company”) (TSX.V: RCU) (FRANKFURT: RO0, WKN: A142TR) is pleased to announce that TSX Venture Exchange has approved the change of name of the Company from “Rockcliff Copper Corporation” to “Rockcliff Metals Corporation”.  The change of name will become effective at the opening of the market on November 2, 2017 under the new symbol “RCLF”.  The CUSIP number assigned to the Company’s shares following the name change is 77289R100.  The change of name better reflects the polymetallic nature of the Company’s high grade VMS properties that comprise copper, zinc, silver and gold.

About Rockcliff Metals Corporation

Rockcliff is a Canadian resource exploration company focused on the discovery, advancement and consolidation of a portfolio of the highest grade, undeveloped metal deposits in the prolific Flin Flon – Snow Lake Greenstone Belt located in central Manitoba. The Company’s current portfolio of projects, totalling in excess of 45,000 hectares, is located in and around the Snow Lake mining camp and hosts the highest grade undeveloped NI 43-101 copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and the highest grade undeveloped historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit).  The Company’s projects also include Manitoba’s first and highest grade former lode gold producer (Laguna gold property), two additional gold-rich properties (SLG gold property and DSN gold property), a Net Smelter Royalty (NSR) on the Tower property (the T-1 copper deposit) and the near surface MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.

Cautionary Note Regarding Forward-Looking Statements: This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

All statements within, other than statements of historical fact, are to be considered forward looking. Although Rockcliff believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Rockcliff Metals Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
klapierre@rockcliffcoppercorp.com

CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231
cathy@chfir.com