Goldcliff Samples 170 g/t Silver at Kettle Valley
18 August 2022 - 10:30PM
George Sanders, President of Goldcliff Resource Corporation
(“Goldcliff” or the “Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS)
reports that follow up surface sampling at the Kettle Valley Au-Ag
(gold/silver) project near Rock Creek in southern British Columbia
has yielded strong silver values. Following the completion of the
reconnaissance drill programme, prospecting was undertaken to
explore rock cuts along a drill access trail approximately 150
metres westerly from the Cliff Zone epithermal gold-silver target.
Along the drill access trail to the southernmost drill site
numerous angular, milky white quartz fragments ranging up to 50 cm
were found scattered in dioritic rocks over an area measuring 20 by
35 metres. The angularity of the quartz indicates a local source.
Disseminated grains of galena (lead) were present in many
fragments. Composite sample (WR22-03), consisting of numerous
fragments, assayed 170 g/t Ag along with highly elevated values in
lead, bismuth, tellurium and the second highest molybdenum value to
date. The gold component was low, assaying 0.065 g/t Au.
The quartz fragment texture and distinct geochemical composition
differ markedly from the epithermal Au-Ag Cliff Zone suggesting
that this is more likely intrusive related mineralization. Very
significant is that similar looking quartz was found along a
logging road 525 metres to the north. Here sample KV21-18 also in
dioritic terrain assayed 88.5 g/t Ag and contained highly anomalous
lead, bismuth, tellurium and molybdenum.
While this mineralization does not currently constitute a
stand-alone new target at Kettle Valley, it is further strong
evidence of a robust hydrothermal system that is pregnant with
precious metals. Further prospecting and field work will resume at
Kettle Valley in September.
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.
Goldcliff Resource (TSXV:GCN)
Historical Stock Chart
Von Okt 2024 bis Nov 2024
Goldcliff Resource (TSXV:GCN)
Historical Stock Chart
Von Nov 2023 bis Nov 2024