Goldcliff Adds High Grade Epithermal Target to Nevada Portfolio

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]

June 13, 2019

GOLDCLIFF ADDS HIGH GRADE EPITHERMAL TARGET TO NEVADA

PORTFOLIO

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

“Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) is pleased to announce an agreement with

Nevada Select Royalty, Inc. (“Nevada Select”), a wholly owned subsidiary of Ely Gold Royalties

Inc. (ELY.V), to purchase a 100% interest in the Nevada Rand property located in Mineral County,

Nevada for a purchase price of $250,000 US, payable over four years. Nevada Select will retain a

2.5% Net Smelter Return royalty on any precious metals production.

Initial due diligence confirmed that Nevada Rand is a robust low to intermediate sulphidation

epithermal system. The main structure can be traced along strike for over two kilometres by a

series of mine dumps and adits and surface alteration. Other prospect pits and adits to the north

and south of the main structure suggest multiple parallel structures within the alteration corridor.

The Nevada Rand structure was intermittently mined on a small scale, beginning with the sinking

of a 50-foot shaft in 1909. The shaft was deepened several times over the years to its final depth of

450 feet. Ownership changed hands a few times over the decades and lessee mining was also

involved. Old engineering reports cite under capitalization and non professional development as

reasons for the mine not reaching its potential as a larger producer. The information in several old

reports is not compliant with 43-101 standards, has not been verified by a Goldcliff Qualified

Person and should not be relied upon. The reports do, however, present compelling anecdotal

evidence for the presence of shoots of high-grade gold (multi ounce) and silver mineralization

consistent with a low to intermediate sulphidation epithermal model.

The property has never been drilled. In the mined area, the location and dip of the structure and

slope of the hill facilitate the testing of reported high grade shoots with short drill holes of 100

metres or less. The project’s potential as outlined in old reports can be tested for a modest budget

and is consistent with a discovery focused exploration strategy. The payment schedule also fits

this exploration model.

Goldcliff will pay Nevada Select $10,000US upon execution of the agreement (paid) and a further

$15,000US six months from the date of execution. On each of the first, second and third

anniversaries of execution Goldcliff will pay $25,000. A final payment of $150,000 will be made on

the fourth anniversary and a 100% property interest conveyed to Goldcliff. Nevada Select will

retain a Net Smelter Return royalty of 2.5%. Goldcliff will make minimum advance royalty

payments of $10,000US on the first, second and third anniversaries of signing and $20,000 on

subsequent anniversaries. Goldcliff has the right to buy down 1% for a payment of $1,000,000US.

While the Pine Grove joint venture will continue to be the Company’s main focus, the Nevada

Rand acquisition represents an important addition of discovery potential to the Nevada portfolio.

Importantly, Goldcliff can earn a 100% interest in Nevada Rand.

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.