Highcliff Metals Corp. (IMAHF)

[Dobie Lama]

Thanks for posting Doubloon. IMAHF looking good and working behind the scenes, as usual.

The Company engaged SRK Consulting (US), Inc. ("SRK") to complete a NI43-101 compliant technical report on the pre-feasibility of the KB Project. The NI43-101 Technical Report is on schedule for completion by 30 October 2010. The pre-feasibility study is well advanced. SRK has completed a CIM-compliant estimate of Mineral Resources and is currently working on pit optimization and mine engineering to support an estimate of Mineral Reserves. The Mineral Resource statement is shown for feldspar-bearing granitoid rock in Table 1.


Table 1: Statement of Mineral Resources (as of September 23, 2010)--------------------------------------------------------------------------------------------------------------------------------------------------Resource Category LOI Cut-off Total kt % Na2O %K2O-------------------------------------------------------------------------Indicated 2.5% 18,900 4.16 3.34Inferred 2.5% 9,200 4.19 3.32--------------------------------------------------------------------------------------------------------------------------------------------------