Goldcliff Exploration Plans FOR High Grade Silver at Ainsworth
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]
August 7, 2024
GOLDCLIFF EXPLORATION PLANS FOR HIGH GRADE SILVER at AINSWORTH
Vancouver, B.C. – George Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the
“Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) 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 [email protected].
GOLDCLIFF RESOURCE CORPORATION
Per: “George W. Sanders”
George W. Sanders, President
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responsibility for the adequacy or the accuracy of this news release.