Rockcliff Metals Corp.: Kinross Earns 70% Interest at Laguna Gold Property
(CSE: RCLF) (FSE: RO0, WKN: A2H60G) (
"Rockcliff" or the
"Company") is pleased to announce that an affiliate of Kinross Gold Corporation ("Kinross") has earned a 70% interest in the Laguna/Lucky Jack/Puella Bay properties ("Laguna") in Snow Lake, Manitoba. Rockcliff retains a 30% participating interest in Laguna. Pursuant to the July 2018 option agreement, Kinross has earned a 70% interest in Laguna by completing expenditures in excess of the required C$5,500,000 ahead of the third year anniversary of the six year option agreement.
"Having Kinross earn in so early on their option to the level of forming a Joint Venture on the Laguna Property confirms our belief of the high gold prospectivity of this land package. We look forward to seeing more encouraging results from this year's program currently underway." said Alistair Ross, President and CEO of Rockcliff.