This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Pure Nickel: High Grade Copper At Tower Property 4.3% Copper, 0.5g/t Gold, 1.3% Zinc, 23.5g/t Silver Across 5.5m Including 8.4% Copper, 0.9g/t Gold, 2.4% Zinc, 44.6 G/t Silver Across 2.7m

TORONTO, March 19, 2013 (GLOBE NEWSWIRE) -- Pure Nickel Inc. (TSX:NIC) is pleased to report on the Tower Property located in Manitoba. A press release, outlining a new intersection of high grade copper mineralization at the T-1 Copper Deposit, issued by its partner on the property appears below in its entirety.

Rockcliff Intersects High Grade Copper at Tower Property 4.3% Copper, 0.5g/t gold, 1.3% Zinc, 23.5g/t Silver across 5.5m including 8.4% Copper, 0.9g/t Gold, 2.4% Zinc, 44.6 g/t Silver across 2.7m

TORONTO, Ontario (March 19, 2013) Rockcliff Resources Inc. is pleased to announce that drilling at the Tower Property has intersected high grade copper mineralization at the T-1 Copper Deposit. Additional drilling and a DPEM Geophysical survey completed east of the Deposit have identified the potential sulphide source of the T-2 Copper Zone.

Significant assay results from TP13-34 and TP13-35 drill holes are tabulated below.

  • 2.8% copper, 0.7g/t gold, 0.9% zinc, 17.2g/t silver across 3.0m including

6.8% copper, 1.6g/t gold, 1.8% zinc, 41.5g/t silver across 1.1m (hole 34)

  • 4.3% copper, 0.5g/t gold, 1.3% zinc, 23.5g/t silver across 5.5m including

8.4% copper, 0.9g/t gold, 2.4% zinc, 44.6g/t silver across 2.7m (hole 35)

Rockcliff's winter drill program at the Tower Property has now been completed in five (5) drill holes totalling almost 1500m. Two holes tested within T-1 Copper Deposit and three holes tested the T-2 Copper Zone.

At the T-1 Copper Deposit, two holes (hole TP13-034 and TP13-035) tested an area south of the Deposit's high grade copper Indicated Resource within the Deposit's lower grade Inferred Resource in an area void of drilling. Both holes intersected high grade copper mineralization (2.8% copper across 3.0m and 4.3% copper across 5.5m) which was significantly higher than the overall Inferred Resource grade of 2.0% copper.

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs