Rockcliff Acquires High Grade Gold Property in Timmins, Ontario

Trading Symbol RCR: TSXV

TORONTO, Oct. 27 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that it has acquired an option to earn a 100% interest in the Black Gold  Property located 75 km southeast of Timmins and 30 km northwest of Kirkland Lake, Ontario. 

Prospecting and surface sampling identified high grade and widespread gold values in grab samples from surface outcrops, trenches and pits ranging from 0.60g/t gold to 51.19g/t gold. Visible gold was identified in outcrop. Initial exploration will focus on the property's open pit potential.

Table 1: A total of 32 due diligence grab samples were taken in a 10m by 60 m area and all assay results are reported below.

Location	Gold g/t	Comment	Sample #
Pit #1-	7.54	muck pile	228068
dimensions ~	7.82	muck pile	228069
4mx3mx3m	6.04	muck pile	228070
	8.64	muck pile	228071
	15.8	muck pile	P1-1
	6.1	muck pile	P1-2
Pit #1-north wall	3.02	wall rock	228072
	12.0	quartz stockwork	228073
	5.49	quartz stockwork	228074
	32.92	quartz stockwork	228075
	22.19	quartz stockwork	P1-3
	3.84	quartz stockwork	P1-4
	51.19	quartz stockwork	P1-5
	38.33	quartz stockwork	P1-6
Pit #1-east wall	4.73	wall rock	228076
	3.22	wall rock	228077
Pit#1-south wall	9.74	quartz stockwork	228078
	10.91	wall rock	228079
	3.09	quartz stockwork	228080
	1.09	wall rock	228081
	0.60	wall rock	228082
Outcrop-10m south of pit#1	4.73	wall rock	10S-1
	10.94	wall rock	10S-2
Outcrop-18m south of pit #1	8.50	quartz stockwork-visible gold	228083
	4.25	wall rock	228084
	2.98	wall rock	228085
Outcrop-25m south of pit #1	0.99	wall rock	50S-1
	1.99	wall rock	50S-02
Trench #1-62m south of Pit #1	2.27	quartz str/wall rock	228086
	1.78	quartz str/wall rock	228087
	5.38	quartz str/wall rock	P3-1
	2.37	quartz str/wall rock	P3-2

The north-south trending outcrop exposure was approximately 60 m long by 10m wide then surrounded by glacial overburden.  The gold bearing system at Black Gold is associated with an altered pyritized quartz stockwork hosted within altered pyritized, sheared mafic volcanic rocks. Both the quartz stockwork and the host mafic volcanic rocks carry significant gold values.

Rockcliff's President and CEO commented, "The Black Gold property will initially be explored for its open pit gold potential.  The property has excellent infrastructure and can be explored and drilled year round.  We have acquired a land package that hosts underexplored high grade gold outcrops with visible gold in the heart of the Timmins-Kirkland Gold Mining Camp. A surface exploration program is planned in the coming months at Black Gold."

Rockcliff can acquire a 100% interest in the Black Gold Property by paying an aggregate of $250,000 cash and issuing 1,000,000 shares over a 4 year period.  Expenditures over 4 years total $500,000 with a minimum $50,000 in expenditures in any year. The vendors will retain a 3% NSR on the property of which one third can be purchased at any time for $1,000,000 and the remaining 2% NSR will be subject to a first right of refusal in favour of Rockcliff.  An advance royalty payment of $50,000/year begins after a positive feasibility study has been completed.  The transaction is subject to TSX Venture Exchange approval.

Ken Lapierre P.Geo., President and CEO of Rockcliff Resources Inc., a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, is responsible for the information in this press release.

Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company focused on discovery and advancement of its high-quality mineral assets at its Snow Lake Project. Rockcliff presently controls the Snow Lake Project totaling in excess of 600 km² located within and proximal to the Snow Lake Mining Camp.  The project presently includes four historic VMS deposits (Lon, Rail, Reed and Kof), the Tower VMS Prospect, a former gold mine (Century Mine), one gold deposit (C-Zone) as well as additional areas with potential for VMS (copper-rich) and gold mineralization.  Rockcliff also controls (100%) the Shihan VMS Property (silver-zinc deposit) located in Northern Ontario.  

QA-QC Statement 
Ken Lapierre P.Geo., President and CEO of Rockcliff, is responsible for verification and quality assurance of Rockcliff's exploration data and analytical results.  Samples 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 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.  

Forward Looking Statement:

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties.  Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks.  The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements.  Rockcliff undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such 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 visit our website at www.rockcliffresources.com or contact Ken Lapierre, P.Geo., President & CEO of Rockcliff Resources Inc. at [phone] or at [email protected]