Phase I Exploration Programme Completed at Kettle Valley Gold Project; Land Position Expanded
26 Mai 2021 - 5:01PM
George Sanders, President of Goldcliff Resource Corporation
(“Goldcliff” or the “Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS)
reports that the Company has completed the first phase of
exploration of the Kettle Valley epithermal gold/silver occurrence.
The exploration objective was to identify the bedrock sources of an
extensive boulder train of angular mineralized (>.25 ppm to 2.34
ppm Au) quartz-carbonate material.
Goldcliff excavated nine trenches spanning 600 metres in an
NNW-SSE direction. Overburden cover proved to be deeper than
anticipated and, in many areas, bedrock was covered by highly
cemented glacial till. Sufficient outcrop was, however, exposed in
most trenches for sampling.
Near the southern end of the trenching abundant quartz-carbonate
talus was traced up-slope (westerly) resulting in the discovery of
a bedrock source on a cliff face. This discovery, the Cliff Zone,
prompted a prospecting and sampling traverse following outcrop
ledges and the base of cliff faces up hill and westerly of all the
trenches. The traverse successfully traced a quartz-carbonate zone
for 700 metres in an NNW-SSE strike direction. The quartz-carbonate
Cliff Zone displays silicification, brecciation, multiple phases of
quartz-carbonate veining, and quartz stockwork veining. Banded vein
textures, bladed calcite and amethyst were also observed with the
latter quite common in the southern part of the zone. These
characteristics are consistent with low sulphidation epithermal
Au-Ag deposits. Clay alteration seen in trenches downhill and
<100 m east of the Cliff Zone may be the result of structural
and hydrothermal activity.
Trench sampling comprised 53 rock and 10 glacial till samples.
The prospecting traverse yielded 48 rock and 47 soil samples.
Samples were shipped in secure sample bags by courier to MSA Labs
in Langley, BC for 51 element ICP-MS analysis. In addition to MSA
Lab's QA/QC protocols, Goldcliff's QA/QC program included insertion
of standards and blanks into the sample stream.
Subsequent to completion of this first phase of exploration,
Goldcliff has acquired by staking an additional 336 hectares of
mineral tenures.
Warner Gruenwald, P. Geo., a qualified person as defined by
National Instrument 43-101, has approved the technical content of
this news 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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