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Goldcliff Resource Corporation (GCFFF) is a multi-asset exploration and development company that focuses on projects where a bootstrap development strategy can be applied. The company's active projects include the Kettle Valley gold/silver, Panorama Ridge gold, and Ainsworth silver properties in British Columbia, as well as the Nevada Rand gold/silver and Aurora West gold properties in Nevada.
Recent developments include the acquisition of additional strategic claims adjoining its 100% owned land holding in the historic Ainsworth silver camp near Kaslo, B.C. These new claims cover the favorable limestone hosting the former high-grade producing Skyline deposit, with a focus on exploring extensions of near-surface high-grade silver mineralization and potential deeper carbonate replacement deposits.
Goldcliff's geologic team continues to evaluate previous work and historic data, with plans for a detailed exploration program in the near future. The company's President, George W. Sanders, oversees operations, with a commitment to sustainable and strategic growth in the mining sector.
Goldcliff Resource (TSXV:GCN)(OTC PINK:GCFFF) has announced a non-brokered private placement to raise $240,000. The offering includes up to 4,000,000 non-flow-through units at $0.035 per unit and up to 2,000,000 flow-through shares at $0.05 per share. Proceeds will fund property payments, working capital, and exploration at the Ainsworth silver and Kettle Valley gold projects in British Columbia. The placement is expected to close around October 4, 2024, subject to regulatory approvals. Insiders may participate for up to 2,000,000 NFT Units and 1,500,000 FT Shares. Additionally, Goldcliff has granted 3,150,000 stock options to directors, officers, employees, and consultants at an exercise price of $0.05 per share.
Goldcliff Resource (TSXV:GCN)(OTC PINK:GCFFF) is planning high-grade silver exploration at its Ainsworth project near Kaslo, B.C. The company aims to locate mineralization similar to the historic No 1 mine, which produced 1,993,849 ounces of silver at 49.6 opt. Recent sampling near the mine site yielded silver values exceeding 1 kilo per tonne. Goldcliff's upcoming three-week program will include geological mapping, soil sampling, and geophysical surveys to identify trenching and drilling targets. The company owns 100% of the property with no royalties.
Goldcliff Resource announced the acquisition of 6 additional strategic claims in the Ainsworth silver camp, near Kaslo, B.C. These new claims cover favorable limestone hosting the former high-grade Skyline deposit. The company aims to locate extensions of near-surface high-grade silver mineralization and explore deeper for silver-rich carbonate replacement deposits.
Exploration in the Ainsworth camp has historically been to shallow depths. Goldcliff's expanded land position provides potential for both near-term and long-term exploration targets. A detailed exploration program is forthcoming. Additionally, at the Annual General Meeting held on May 2, 2024, all items, including the re-election of Directors and the 10% Rolling Stock Option Plan, were approved.
Goldcliff continues to focus on projects in B.C. and Nevada, emphasizing a bootstrap development strategy. For more information, contact President George W. Sanders.
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