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GCN.V ·

Corporate Update

Mergers & Acquisitions

www.goldcliff.com

#400 – 789 W. Pender St.

Vancouver, B.C. V6C 1H2

Phone: 250-764-8879

Toll Free: 866-769-4802

GCN.TSXV www.directroyalty.com [email protected]

February 26, 2020

CORPORATE UPDATE

Vancouver, B.C. – George Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the

“Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) reports that Goldcliff recently filed its Annual

Audited Financial Statements and Management Discussion and Analysis. The MD&A contains a

detailed and chronological account of the activities of the Company during this past, highly pivotal

year. Of primary significance is the acquisition of the Nevada Rand gold property in Mineral

County, Nevada, the financing of that acquisition and follow on exploration programmes, and the

disposition of the lease on the Wilson patented claims in Lyon County Nevada.

Drilling at Nevada Rand is progressing well. Goldcliff’s geological management team and our drill

contractors have been very patient and diligent with drilling in the highly altered and fractured

setting which hosts the historic high grade silver and gold mineralization. A summary of drilling

activity will be provided upon completion of drilling.

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 [email protected].

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.