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GCN.V ·

Pine Grove Joint Venture Partner Submits MINE Plan of Operations

Mergers & Acquisitions Permits & Approvals Partnerships & JV

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]

May 23, 2018

PINE GROVE JOINT VENTURE PARTNER SUBMITS MINE PLAN of OPERATIONS

Vancouver, British Columbia – Goldcliff Resource Corporation (“Goldcliff” or “the Company) (GCN:

TSX.V, GCFFF: OTCBB PINKS) is pleased to announce that Pine Grove gold project joint venture

partner and operator Lincoln Mining Corporation, (“Lincoln”) has submitted a Mine Plan of Operations

(the “PoO”) to the United States Forest Service, Humboldt-Toiyabe National Forest on May 15, 2018.

The PoO was compiled by Welsh Hagen Associates of Reno, Nevada and incorporated data and

information from a number of consulting companies that are working on the project. Submission of

the PoO initiates the National Environmental Policy Act ( NEPA), which requires the compilation of

an Environmental Impact Statement ( EIS), including public comment. The lead agency is the U.S.

Forest Service – Bridgeport Ranger District in Bridgeport, California. Lincoln is working closely with

its prime environmental contractor, Stantec Consulting Services of Reno, Nevada and the U.S.

Forest Service to advance the permitting process as quickly as possible.

A conceptual mining schedule is based on an annual production goal of 1.0 million tons of feed

delivered to the crusher. Material will be mined from two open-pits, one on the Wheeler deposit and

one on the Wilson deposit. The Wheeler pit will be mined first and will be backfilled with overburden

from the Wilson pit. Contract mining will be utilized. Material will be crushed to -3/8 inch,

agglomerated, and placed on a conventional leach pad. Pregnant solutions will be collected from the

pad and absorbed onto activated carbon in a series of five columns. The carbon will be stripped off

site to recover the gold. High-grade feed will be stockpiled and processed on site utilizing a 200 tpd

mill with gravity recovery. Historic production and modern drilling support the presence of local high-

grade material. Mine life is estimated at 5 years including 1 year of pre-production. Exploration

potential to increase gold resources is excellent.

Mr. Paul Saxton, P.Eng., Director of Goldcliff and President of Lincoln and a “qualified person” under

National Instrument 43-101, reviewed and approved the scientific and technical information 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.