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Goldcliff Resource Corp. Identifies Drill Targets at Kettle Valley Gold Project
VANCOUVER, British Columbia, Nov. 16, 2021 (GLOBE NEWSWIRE) -- George Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the “Company”) (GCN:
About this update from Goldcliff Resource Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 16, 2021 (GLOBE NEWSWIRE) -- George Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the “Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) is pleased to announce that exploration activities have identified drill targets at the Company’s Kettle Valley Gold (KVG) project located near Rock Creek, B.C. The KVG project is a newly recognized epithermal gold-silver (Au, Ag) occurrence in an area where there is no record or evidence of previous mineral exploration. Goldcliff optioned the property based on observations and sampling by the vendor of a widespread boulder field in a recent logging cut block. The boulders, highly anomalous in precious metals, consist of quartz-carbonate breccias, quartz veining, bladed calcite, with adularia, and sericite alteration along with clay alteration zones that are indicative of a low sulfidation epithermal system. The angular nature and abundance of mineralized boulders indicated nearby bedrock sources and prompted Goldcliff to conduct a trenching programme in early spring. The absence of similar quartz-carbonate in the trenches led to prospecting further upslope and westerly. This resulted in the discovery of an Au-Ag mineralized quartz-carbonate breccia zone (DR21-01; 736 ppb Au, 41.7 ppm Ag, pictured below left) along a steep, west dipping fault in rhyolitic volcanics. Prospecting and sampling southerly along the base of small to large cliffs traced quartz-carbonate, breccias, quartz-amethyst and stockwork veining for 700 metres along what is referred to as the Cliff Zone. Near the southern part of the zone quartz-amethyst breccias uphill and westerly indicate potential widths of several tens of metres. (See Goldcliff News Releases dated May 5, May 26, and June 24, 2021). In early July, a Phase 2 follow-up programme of detailed grid soil and rock sampling was conducted over the Cliff Zone along with wider coverage sediment sampling. Sampling was highly successful and revealed anomalous Au, Ag in soil and rock samples further west than previously known. A case in point is rock sample DS21-20R (pictured above right) consisting of silicified and brecciated rock fragments, taken from an anomalous soil sample site, that yielded 1,794 ppb Au and 93.16 ppm Ag. This sample is significant in that it; 1) consists of very angular, near in situ quartz-carbona...