Goldcliff Trench Samples 3.14 g/t Gold at Aurora
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]
October 2, 2023
Goldcliff Trench Samples 3.14 g/t Gold at Aurora West
Vancouver, B.C. – George Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the
“Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) reports that trench sampling during early
September on the Aurora West property in Mineral County, Nevada has elevated the Polaris target
to high priority status. Gold values as high as 3.14 ppm (3.14 g/t) Au with highly anomalous
pathfinder elements were obtained in chip channel sampling of hand-excavated trenches at the
Polaris target, located 1 kilometre west of Hecla Mining Company’s Aurora mill site. The hand
trenching followed up a prospecting sample taken in 2020 which returned 1 metre of 3.56 ppm Au.
The trenching was conducted in a heavily treed area with limited outcrop and uncovered a broad
zone of strongly argillized rhyolitic rocks, with local zones of moderate to strong silicification, quartz
veinlets and minor veins. One hand trench was chip channel sampled vertically over 0.5-1.0
metres intervals for 4.0 metres, the results of which are presented in the table below.
Sample Interval
metres
Gold
ppm
Silver
ppm
Arsenic
ppm
Mercury
ppm
Antimony
ppm
Thallium
ppm
Molybdenum
ppm
8001 1.0 0.518 2.88 455 4.97 39.1 6.42 1265
8002 0.5 3.10 5.34 1025 6.53 60.1 14.40 1600
8003 0.5 3.14 4.90 1345 3.28 67.9 21.20 1725
8004 1.0 0.323 2.33 501 3.56 56.3 4.10 702
8005 1.0 0.157 0.62 436 13.10 68.9 2.24 148
Locally anomalous values were found for bismuth and tellurium while base metals values were
very low.
An adjacent trench immediately to the west of this trench, returned a high value of 1.05 ppm Au
and 2.16 ppm Ag across a horizontal width of 3.25 metres, suggesting the mineralized zone has
both vertical and horizontal continuity.
Current geologic interpretation of the Polaris target is that it is 100 metres or more above the
boiling zone where high grade, epithermal precious metals deposition may occur, as exemplified
by the historic Aurora bonanza quartz veins. The anomalous pathfinder elements and style of
alteration support this interpretation. Of particular interest are the very high molybdenum values,
perhaps indicative of an evolved, strongly metallized rhyolite intrusive body at depth. Anomalous
precious metals and pathfinder elements from two soil sample lines surveyed across the Polaris
target confirm the high priority nature of this target, with soil values up to: Au-0.126, Ag-1.89, As-
246, Sb-22.5, Hg-2.93, Tl-6.84, Mo-425 (values in ppm).
The Polaris target and a portion of Goldcliff’s Aurora West property immediately adjoins the west
side of the main Aurora district, currently being explored by Hecla Mining Company. The Polaris
target is part of the northern portion of the 2 square kilometre Sawtooth Ridge alteration zone. The
southern portion of the Sawtooth Ridge alteration zone is currently being drilled by Hecla, less than
1 kilometre SW of Polaris. The Aurora district was one of the historic Walker Lane gold camps with
production of 1.91 Moz gold and 20.6 Moz silver from classic epithermal bonanza quartz veins.
Goldcliff holds an option to purchase a 100% interest from Nevada Select Inc., a wholly owned
subsidiary of Gold Royalty Corp.
Robert Thomas, CPG, is a qualified person as defined by Canadian National Instrument 43-101
and has reviewed and approved the technical information contained in this news 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.