GRAYCLIFF EXPL LTD - GRYCF STOCK NEWS

Graycliff Exploration Limited (OTCQB:GRYCF) will present at the Planet MicroCap Showcase Virtual 2022 on December 7, 2022, at 10:30 AM EST. The presentation will be led by CEO James Macintosh, who will discuss the recent drilling results at the Shakespeare Project and plans for the first half of 2023. Attendees can access the presentation live via a provided webcast link. Graycliff operates on 1,025 hectares in Ontario's Canadian Shield, where significant gold exploration has occurred, including over 12,000 metres of drilling at Shakespeare.

Graycliff Exploration Limited (OTCQB: GRYCF) announced the closing of the first tranche of its private placement, raising $590,000 through the issuance of 2,950,000 units. The company initiated a non-brokered placement for up to 3,250,000 units at $0.20 per unit, aiming for total proceeds of $650,000. Funds will be allocated for exploration at the Shakespeare and Baldwin Projects and general working capital. The transaction involves a related party transaction, and all securities are subject to a hold period of four months and one day.

Graycliff Exploration Limited (OTCQB:GRYCF) announced promising findings from its Phase Four drilling program at the Shakespeare Gold Project in Ontario. Visible gold (VG) was found in 4 out of 11 drill holes, suggesting potential mineralization over considerable distances. The drilling has extended gold assays and VG identification from the surface to depths exceeding 250m. The technical team is currently logging core samples and preparing assays for future reporting. This phase aims to enhance the mineralized zone's critical mass and extend it in depth and along strike.

Graycliff Exploration Limited has announced promising assay results from its Shakespeare Gold Project in Ontario. The Phase Three drilling program revealed impressive gold mineralization, with Drill Hole J-36 intersecting 6.23 grams per tonne of gold over 5.00 metres, including 14.30 g/t Au over 1.00 m. Other notable results came from Holes J-34 to J-39, indicating a strong correlation between quartz veining and assay strength. Continued drilling is expected, with more results forthcoming as the program progresses.

Graycliff Exploration Limited (OTCQB: GRYCF) announced promising assay results from its Shakespeare Gold Project near Sudbury, Ontario. Drill Hole J-31 revealed a notable intersection of 20.52 g/t gold over 2.00 meters, with a peak of 39.00 g/t over 1.00 meter. Additional findings across various drill holes reflect consistent mineralization, especially in depths exceeding 140 meters. President and CEO James Macintosh expressed confidence in the project's potential as exploration deepens.

Graycliff Exploration Limited has announced promising results from its Phase 3 exploration program at the Shakespeare Gold Project in Ontario. The highlights include channel samples showing high gold grades, with notable results of 137 g/t over 0.71 m and 54.20 g/t over 0.56 m. This exploration has expanded the known mineralized zone significantly, confirmed by over 7,000 metres of drilling. The company plans further sampling this summer to identify new mineralization zones.