TALBOT PROPERTY JV
Located about 50 kilometres north of Grand Rapids and about 160 kilometres from the Bucko Mill, not far from Highway 6, Talbot Property is Rockcliff’s flagship gold-rich copper asset. Within the property, the Talbot Deposit hosts a NI 43-101 indicated mineral resource of 2.2 million tonnes at 2.3% Cu, 2.1 g/t Au, 1.8% Zn, 36 g/t Ag and inferred mineral resource of 2.4 million tonnes at 1.1% Cu, 1.9 g/t Au, 1.7% Zn, 25.8 g/t Ag. Compared to 30 mines that have gone into production in the Flin Flon-Snow Lake greenstone belt, Talbot is the fourth largest initial resource prior to production after the past producing Flin Flon mine and the Lalor mine and the 777 mine.
Rockcliff has earned 51% interest in the Talbot property from Hudbay Minerals. The deposit remains open for expansion with multiple untested conductive plates. A + 22,000 metres drill program is planned.
Q4 2019
Fulfilled 51% earn-in on the Property (subject to the results of the PEA)
Q2 2020
Finalize joint venture agreement with Hudbay
- August 25, 2020 Hudbay Minerals Acquires 51% Ownership Interest in Talbot Project and Becomes Operator
- April 14, 2020 Rockcliff Files Updated Talbot Deposit Mineral Resource Estimate - 2.19Mt Indicated at 4.40% Copper Equivalent and 2.44Mt Inferred at 2.98% Copper Equivalent
- February 27, 2020 Rockcliff Updates Talbot Deposit to 2.19M Indicated Tonnes at 4.44% Copper Equivalent 2.44M Inferred Tonnes at 2.98% Copper Equivalent
- January 14, 2020 Rockcliff to Complete 70,000 Metre Drill Program on Copper Properties in 2020
- December 18, 2019 Rockcliff Completes 51% Earn-in on Talbot Property, Reports Additional High-Grade Drill Results Including 10.15% CuEq Across 3.46 Metres
- November 13, 2019 Rockcliff Announces High Grade Assays at Talbot Property 6.0% CuEq Across 18.33 Metres Including 10.4% CuEq Across 4.8 Metres
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