Kettle Valley Gold Targets Identified; Permits Received
29 März 2021 - 2:30PM
George Sanders, President of Goldcliff Resource Corporation
(“Goldcliff” or the “Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) is
pleased to report that the Company has received a five-year multi
use permit to conduct trenching and diamond drilling on its Kettle
Valley gold project. Goldcliff holds an option to purchase a 100%
interest in this newly recognised epithermal gold/silver prospect
located north of Rock Creek, in south-central B.C. The permit
allows for 1,500 metres of trenching and up to 20 diamond drill
sites, to be completed over the next five years.
Results of detailed geologic mapping, soil, rock and lithic
drainage geochemical sampling, all conducted in October 2020, have
demonstrated a compelling target for follow up exploration.
Elevated gold values to several grams per tonne and silver values
to 43 grams per tonne occur in a north-trending zone, several
hundreds of metres in width and at least 800 metres along strike.
Intense silica, potassic and carbonate alteration characterise the
zone, and textures include druse quartz, chalcedonic quartz, bladed
calcite, multistage brecciation and veining, all typifying
epithermal style mineralization. Clay alteration is ubiquitous
extending well beyond the limits of presently known
mineralization.
This target occurs in a structurally complex environment which
is particularly important in the epithermal model. Goldcliff is
finalizing mobilization of a detailed airborne geophysical survey
which will assist in mapping structure. Upon compilation and
analysis of geophysical data, initial trenching will begin near the
end of April. The geophysical contractor will also conduct a
detailed airborne survey over the Ainsworth silver property near
Kaslo, B.C.
Ed Rockel, P. Geo, qualified person as defined by National
Instrument 43-101 supervised the preparation and verification of
the technical information contained in this release.
For further information, please contact George W. Sanders,
President, at 250-764-8879, toll free at 1-866-769-4802 or email at
info@directroyalty.com.
GOLDCLIFF RESOURCE CORPORATION
Per: “George W. Sanders”
George W. Sanders, President
Neither TSX Venture Exchange nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accept responsibility for the adequacy or the
accuracy of this news release.
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