GRAYCLIFF EXPL LTD - GRYCF STOCK NEWS

Graycliff Exploration has successfully completed Phase Three drilling at the Shakespeare Gold Project, expanding the gold mineralized zone by approximately 150 m at depth and 120 m along strike. To date, around 7,000 meters have been drilled with significant results reported from 24 of 45 holes. The high-grade gold zones remain open in all directions, supporting the company's exploration thesis. The upcoming Phase Four drilling will further explore these promising areas.

Graycliff Exploration Limited has released promising assay results from its Shakespeare Gold Project in Ontario, indicating significant gold mineralization. Drill hole J-22-21 showcased high-grade results with 46.19 g/t Au over 2.70 m and exceptional intervals up to 415.00 g/t over 0.50 m. The mineralized zone has been extended by approximately 50 m, and further exploration is planned. Areas near the historic Miller Shaft continue to show potential for resource expansion, positioning the company favorably for future drilling campaigns.

Graycliff Exploration has completed the second tranche of its private placement, issuing 1,124,99 Units at $0.30 for gross proceeds of $349,498.80. Each Unit includes a common share and a warrant, allowing for purchase of a share at $0.45 within two years. Previously, the first tranche raised $1,076,989.85 through 3,589,963 flow-through units. Funds will be used for general working capital. The directors' participation counts as a related party transaction. All securities have a hold period of four months and one day.

Graycliff Exploration Limited (CSE:GRAY, OTCQB:GRYCF) has successfully completed a private placement, raising $1,076,989.95 by issuing 3,589,963 flow-through units at $0.30 each. Each unit consists of one common share and a half warrant, with full warrants priced at $0.45 for two years. The funds will be used to expand exploration at the Shakespeare Project and initiate activities at the adjacent Baldwin Project. The financing involves a related party transaction and carries a hold period of four months post-issuance.

Graycliff Exploration Limited will present live at VirtualInvestorConferences.com on December 9, 2021, at 1:30 PM EST. The event allows real-time Q&A for investors. Graycliff's flagship Shakespeare Project, spanning 1,025 hectares, shows promising gold potential with significant historical yields. Current drilling phases include highlights of up to 19.4 g/t Au. The company also owns the Baldwin Project and is actively pursuing further exploration initiatives.

Graycliff Exploration Limited has announced significant assay results from its Shakespeare Gold Project, located near Sudbury, Ontario. The final results from the 2,200-metre Phase Two drilling program revealed high-grade intervals, notably 19.38 g/t gold over 4.20 metres in drill hole J-21-21. This includes impressive grades of 112.00 g/t over 0.60 metres. The company plans to shift focus to Phase Three of the project, which aims to expand the mineralized zone. The Shakespeare Project covers historic gold mining land, emphasizing its potential for future exploration.

Graycliff Exploration Limited (OTCQB: GRYCF) has reported assay results from its Shakespeare Gold Project in Ontario. The 2,200-metre Phase Two drilling program has successfully identified significant gold mineralization near the historic Miller shaft. Notably, Drill Hole J-17-21 revealed 4.83 g/t gold over 3.0 meters, including 13.40 g/t over 1.0 meter. The defined gold mineralization now spans approximately 115 meters, with expectations of further extensions below current drilling depths. The company is optimistic about the potential of its geological modeling efforts to uncover new targets.

Graycliff Exploration Limited (CSE:GRAY, OTCQB:GRYCF) has reported promising assay results from its Shakespeare Gold Project in Ontario. Drill Hole J-10-21 showed significant gold mineralization with 5.51 g/t Au over 4.0 m, including 24.60 g/t over 0.55 m. The successful intercepts in 9 out of 14 holes indicate strong potential for the project. However, some holes encountered historic underground workings or poor core recoveries. President James Macintosh expressed confidence in the project's value, given the ongoing success of the drilling program.

Graycliff Exploration Limited (CSE:GRAY, OTCQB:GRYCF) reports promising drilling results from its Shakespeare Gold Project in Ontario. Drill Hole J-9-21 yielded a mineralized interval of 13.32 g/t gold over 16.0 metres, including an impressive 52.0 g/t gold over 4.0 metres. This indicates the presence of a larger mineralized zone, enhancing the project's potential for future mining. CEO James Macintosh highlighted the strong gold grades and the prospect of including lower-grade material in mining considerations.