Located 185 kilometres from the Bucko Mill, the 100%-owned, near-surface Rail copper deposit has 61 drill holes (+15,000 metres) completed. It is one of the strategic deposits which could be developed in the near term to feed the centralized processing Bucko Mill facility.
The Rail copper deposit presently hosts a NI 43 – 101 Indicated mineral resource of 1.2 million tonnes grading 2.73% Cu, 0.8 g/t Au, 0.9% Zn, 8.9 g/t Ag and Inferred mineral resources of 0.7 million tonnes grading 3.11% Cu, 1.11 g/t Au, 0.7% Zn, 8.5 g/t Ag. The Rail mineralization consists of a single lens of stringers up to massive sulphides of pyrite, pyrrhotite, chalcopyrite and sphalerite. The Rail copper deposit is within the 5-kilometre-long Rail Copper horizon where several geophysical anomalies are ready for drill testing. The mineralization of the Rail Copper deposit remains open along strike and at depth where Rockcliff’s surface and bore hole geophysical surveys have identified untested targets to a depth of 1,000 metres immediately below the deposit.
The deposit has an excellent potential for resource expansion and discovery as the historic drilling program below the deposit intersected high-grade copper associated with +1,000 m deep DPEM anomaly.