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Goldcliff Plans High Grade Silver Exploration at Ainsworth

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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 (TSXV:GCN)(OTC PINK:GCFFF) sta pianificando un esplorazione di argento ad alta legge presso il suo progetto Ainsworth vicino a Kaslo, B.C. L'azienda mira a individuare mineralizzazioni simili a quelle storiche della miniera No 1, che ha prodotto 1.993.849 once d'argento a 49,6 opt. I recenti campionamenti nei pressi del sito minerario hanno rivelato valori d'argento superiori a 1 chilo per tonnellata. Il prossimo programma di tre settimane di Goldcliff includerà mappatura geologica, campionamento del suolo e sondaggi geofisici per identificare obiettivi di scavo e perforazione. L'azienda possiede il 100% della proprietà senza diritti d'autore.

Goldcliff Resource (TSXV:GCN)(OTC PINK:GCFFF) está planificando una exploración de plata de alta ley en su proyecto Ainsworth cerca de Kaslo, B.C. La compañía tiene como objetivo localizar mineralización similar a la histórica mina No 1, que produjo 1,993,849 onzas de plata a 49.6 opt. Muestreos recientes cerca del sitio de la mina mostraron valores de plata que superan 1 kilo por tonelada. El próximo programa de tres semanas de Goldcliff incluirá mapeo geológico, muestreo de suelos y encuestas geofísicas para identificar objetivos de excavación y perforación. La compañía posee el 100% de la propiedad sin regalías.

Goldcliff Resource (TSXV:GCN)(OTC PINK:GCFFF)는 B.C.의 Kaslo 근처에 있는 Ainsworth 프로젝트에서 고급 은 탐사를 계획하고 있습니다. 이 회사는 1,993,849 온스의 은을 49.6 opt로 생산한 역사적인 1번 광산과 유사한 광물화를 찾는 것을 목표로 하고 있습니다. 최근 광산 근처 샘플링에서 톤당 1킬로 이상의 은 가치를 나타냈습니다. Goldcliff의 향후 3주 프로그램에는 지질 매핑, 토양 샘플링 및 지구 물리학적 조사가 포함되어 굴착 및 시추 목표를 식별할 예정입니다. 이 회사는 로열티가 없는 100%의 자산을 소유하고 있습니다.

Goldcliff Resource (TSXV:GCN)(OTC PINK:GCFFF) envisage une exploration d'argent de haute qualité à son projet Ainsworth près de Kaslo, en C.-B. L'entreprise vise à localiser une minéralisation similaire à celle de la mine historique No 1, qui a produit 1.993.849 onces d'argent à 49,6 opt. Les récents échantillonnages près du site de la mine ont révélé des valeurs d'argent dépassant 1 kilo par tonne. Le programme de trois semaines à venir de Goldcliff comprendra cartographie géologique, échantillonnage des sols et études géophysiques pour identifier des cibles de creusage et de forage. L'entreprise possède 100 % de la propriété sans redevances.

Goldcliff Resource (TSXV:GCN)(OTC PINK:GCFFF) plant eine Hochgehalts-Silberexploration in seinem Projekt Ainsworth nahe Kaslo, B.C. Das Unternehmen hat das Ziel, Mineralisierungen zu finden, die denen der historischen Mine No 1 ähneln, die 1.993.849 Unzen Silber mit 49,6 opt produziert hat. Jüngste Probenahmen in der Nähe des Minengeländes ergaben Silberwerte, die 1 Kilo pro Tonne übersteigen. Das bevorstehende dreiwöchige Programm von Goldcliff umfasst geologische Kartierung, Bodenprobenahme und geophysikalische Untersuchungen, um Ziele für Graben und Bohrungen zu identifizieren. Das Unternehmen besitzt 100 % des Grundstücks ohne Lizenzgebühren.

Positive
  • Goldcliff owns 100% interest in the Ainsworth silver project with no royalties
  • Recent sampling yielded high-grade silver values exceeding 1 kilo per tonne
  • Planned exploration program aims to identify high-grade silver mineralization targets
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / August 7, 2024 / George Sanders, President of Goldcliff Resource Corporation ("Goldcliff" or the "Company") (TSXV:GCN)(OTC PINK:GCFFF) reports that upcoming exploration activities at the Ainsworth silver project will refine trench and drill targets to locate high-grade, direct shipping silver mineralization of similar grade to that produced at the historic No 1 mine. The No 1 mine produced 1,993,849 ounces of silver at a recovered grade of 49.6 opt (1.406 kg/t) silver. Located near Kaslo, B.C., Goldcliff acquired the property by staking and owns a 100% interest with no royalties.

Sampling by Goldcliff in the general vicinity of the No. 1 Mine site returned silver values in excess of 1 kilo per tonne silver from an old trench (1.381 Kg/t) and from the mine dump (3.553 kg/t) suggesting significant potential exists nearby for additional remaining high-grade silver mineralization related to the No. 1 Mine.

A re-evaluation of data from previous exploration on the Ainsworth Silver Project has revealed what appears to be a strong association of subtle conductive trends with the No. 1 Mine silver mineralization, as well as with limestone meta-sediment contacts that often host the silver mineralization. Goldcliff is planning a three-week ground exploration program to delineate conductive targets that may represent metallic mineralization for trenching and drilling. The program will consist of detailed geological mapping, soil sampling, concentrated Lithic Drainage Sampling (LDS) method and geophysical surveying.

Geophysical surveys will include VLF electromagnetic surveys (VLF-EM) and Self Potential (SP) follow-up surveys. The results from VLF-EM surveys over specific anomalous areas will be tested using the SP method to discriminate barren non-metallic features from those containing metallic sulphides commonly associated with high-grade silver mineralization. Pending the results of these surveys, targets will be prioritized for trenching and follow-up drilling.

Goldcliff is a multi asset exploration and development company focused on projects where a bootstrap development strategy may be applicable. Current active projects include the Kettle Valley gold/silver, Panorama Ridge gold and Ainsworth silver properties in B.C. and the Nevada Rand gold/silver and Aurora West gold properties in Nevada.

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.

SOURCE: Goldcliff Resource Corp.



View the original press release on accesswire.com

FAQ

What is Goldcliff's plan for the Ainsworth silver project?

Goldcliff plans a three-week ground exploration program at Ainsworth to identify high-grade silver mineralization targets for trenching and drilling, including geological mapping, soil sampling, and geophysical surveys.

What were the historical production figures for the No 1 mine at Ainsworth?

The historic No 1 mine at Ainsworth produced 1,993,849 ounces of silver at a recovered grade of 49.6 opt (1.406 kg/t) silver.

What were the results of Goldcliff's recent sampling at the Ainsworth project?

Goldcliff's sampling near the No. 1 Mine site returned silver values of 1.381 kg/t from an old trench and 3.553 kg/t from the mine dump, exceeding 1 kilo per tonne silver.

What is Goldcliff's stock symbol on the TSX Venture Exchange and OTC markets?

Goldcliff's stock symbol is GCN on the TSX Venture Exchange and GCFFF on the OTC Pink market.

GOLDCLIFF RES CORP ORD

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