ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

GCN Goldcliff Resource Corporation

0.025
0.005 (25.00%)
Last Updated: 15:23:16
Delayed by 15 minutes
Share Name Share Symbol Market Type
Goldcliff Resource Corporation TSXV:GCN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.005 25.00% 0.025 0.025 0.03 0.025 0.025 0.025 263,000 15:23:16

Goldcliff Begins 3D-IP Survey at Whipsaw Target

13/05/2011 9:16pm

Marketwired


Goldcliff Resource (TSXV:GCN)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Goldcliff Resource Charts.

George W. Sanders, President of Goldcliff Resource Corporation (TSX VENTURE: GCN), reports that the Company has begun a 3D-Induced Polarization survey (3D-IP) to establish drill targets on Goldcliff's 100-per cent owned Tulameen Copper property in the Copper Mountain district near Princeton, BC, Canada. The 3D-IP survey will cover 77 line kilometres within the high priority Whipsaw alkalic porphyry copper-gold target area. The 3D-IP survey will locate drill targets within the highly anomalous copper-gold Whipsaw target area, which is located approximately seven kilometres southwest of the Copper Mountain ore bodies.

Recent comprehensive on-surface exploration on the Whipsaw target has located strong geological, geochemical and geophysical anomalies for subsurface exploration. The 3D-IP survey data provides accurate subsurface coverage in a true three-dimensional geophysical frame, as opposed to the conventional two-dimensional survey data (2D-IP). The 3D-IP data will provide accurate surface and subsurface drill hole locations to test the Whipsaw target copper-gold anomalies.

The Whipsaw alkalic porphyry copper-gold target area is on the Copper Mountain copper trend. The Whipsaw target area is 40 square kilometres of prospective geology, strong airborne geophysical anomalies, moderate to strong regional geochemical anomalies and numerous surface showings of chalcopyrite, bornite and chalcocite.

Much of the Whipsaw target Upper Triassic Nicola Group rocks that host alkalic porphyry copper-gold ore bodies are covered by Tertiary Princeton Group rocks, the youngest in the district. Goldcliff's regional geological interpretation is that the Upper Triassic Nicola Group rocks, west of the Similkameen River, have been down-dropped by the Boundary fault, and the Upper Triassic Nicola Group mineral-bearing rocks have been covered by the younger Tertiary Princeton Group. The numerous surface showings of copper sulphides associated with the Whipsaw target area suggest upward leakage from a mineralizing system below the Princeton Group rocks.

Due to the fault's down-drop, the Princeton Group rock cover would have protected and preserved from glaciation any supergene high-grade copper mineralization that occurs on the Whipsaw target. The Afton copper orebody near Kamloops, British Columbia, contained a supergene zone that was preserved by Tertiary volcanics.

Leonard W. Saleken, PGeo (geologist), and Edwin R. Rockel, PGeo (geophysicist), are the qualified persons as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.

GOLDCLIFF RESOURCE CORPORATION

George W. Sanders, President, Director

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, gcnnews201103.

Contacts: Goldcliff Resource Corporation George W. Sanders President 250-764-8879 or Toll Free: 1-866-769-4802 604-261-8994 (FAX) sanders@goldcliff.com or info@goldcliff.com www.goldcliff.com

1 Year Goldcliff Resource Chart

1 Year Goldcliff Resource Chart

1 Month Goldcliff Resource Chart

1 Month Goldcliff Resource Chart