Goldcliff Reactivates Exploration of Former High Grade Silver Producer
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]
September 09, 2020
GOLDCLIFF REACTIVATES EXPLORATION OF FORMER HIGH GRADE SILVER
PRODUCER
Vancouver, B.C. – George Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the
“Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) reports that the Company plans to reactivate
exploration of the Ainsworth silver property, near Kaslo, British Columbia. The Goldcliff claims are
one of the largest land positions in the Ainsworth district. The Ainsworth district hosted more than
50 properties from which silver-lead-zinc was produced from 1889 to 1964. Together with the
nearby Sandon area in the “Silvery Slocan”, the region produced 92 million ounces of silver.
Goldcliff’s claims cover the former No. 1 Mine, the largest and highest grade producer in the
district. The No. 1 Mine, operated by Cominco from 1910 to 1921, produced 1,993,818 ounces of
silver at a recovered grade of 49.64 ounces Ag per ton. Ore was mined from five levels between
4100 and 4300 feet, or for a vertical extent of only 60 metres. Additional ore shoots along strike
and offset at depth have never been explored for using modern exploration techniques.
There is little to no outcrop in the area so Goldcliff plans a geophysical program to locate drill
targets at depth and along strike.
The Ainsworth land position was acquired by staking and Goldcliff owns the claims 100% with no
royalties or work commitments. The Company has maintained the claims in good standing for over
a decade pending a silver price environment in excess of $20 per ounce.
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.