Highcliff Metals Corp. (IMAHF)

[Mr. Zen]

Followup to the press release

Below please find a copy of today’s press release. SRK added its input which makes the resource disclosure more technical than necessary.



We will be producing a mixed (Na + K) feldspar product from Kelly’s Basin. This product will that will have total alkalis ( Na2O + K20) of approximately 11% and Al2O (Alumina) of about 20%. For every ton of the granitiod rock in Table 1 we will make about 1,000 lbs of feldspar product and 400lbs of quartz products. Most, but not all of the alkalis are in the feldspar, so when the feldspar product is created and the other minerals are removed, the feldspar product represents about 50% of the initial volume but will contain the majority of the alkalis present creating a feldspar product with alkalis of about 11%.



The figures in the table represent a global resource as opposed to the minable resource which will be lower due to the foot print of each level being reduced as the pit goes deeper (benches). The deposit is marginally larger than originally internally estimated, but whether we have 25 years of resource or 30 years of resource will not impact the financial analysis coming in the prefeasibility.



All in all the Company has never been busier but a lot of the feasibility related activities do not make for exciting press releases. Most of the work, save the detailed engineering by Robertson Schaeffer is already completed at feasibility levels (vs prefeasibility levels) but we want to bring a valuation of the entire project to market (the prefeasibility on Kelly’s Basin plus a preliminary economic analysis on WBL primary clay) rather than wait for feasibility level analysis as we believe the current market price does not reflect the value of both deposits, Robertson Shaeffer has about 3 months work left, the detail of which will be beyond feasibility levels.



As always, if you have an questions or would like additional information, please do not hesitate to call or email me.



Thank you for your support

Barry

sent via doberman currently residing in i-hub jail.