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

0.05
0.02 (66.67%)
21 May 2024 - Closed
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
  0.02 66.67% 0.05 0.035 0.045 0.05 0.03 0.035 51,000 19:38:13

Goldcliff Drills 44.80 Metres of 1.55 g/t Gold at Panorama Ridge

06/01/2010 6:17pm

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) is pleased to report the results of nine holes drilled late in the 2008 field season on the York-Viking zone of the Panorama Ridge gold property located near Hedley, British Columbia, Canada. Several multi-metre intersections of plus - 1.00 grams gold per tonne were encountered in this drilling, highlighted by 44.80 metres of 1.55 g/t gold in hole 190. Other strong intersections include 10.12 metres of 1.23 g/t gold in hole 183, 10 metres of 1.01 g/t gold in hole 187, 20 metres of 1.01 g/t gold and a lower section of 10.67 metres of 1.01 g/t gold in hole 189, and a section in hole 190 that ran 2.02 g/t gold over 27.53 metres.

The 2008 drilling at the York-Viking zone were infill and zone extension holes. The infill holes were in the central part of the zone and the extension holes were towards the southwest margins. The southwest margin contains the Bonanza trench with surface vales of 17.37 ounces per tonne gold. The drilling, which consisted of 897metres, was conducted from three setups over a distance of 120 metres.

In the drill hole reporting format listed below, the gold grades for each hole are first reported as the continuous weighted average values of all gold sample results from the top to the bottom of the hole. Next, the drill hole is reported in reference to the GMZ (gold mineralized zone), which is above 0.20 g/t gold. In some holes, the entire hole is in the GMZ, while in others, the GMZ is disturbed by dykes containing marginal gold values. The dykes (ranging in widths up to 3 metres) divide the GMZ into separate zones for reporting.


Drill Hole        Metres                   Total Metres        Gold

Hole 28-182       from 7.52 to 93.57       86.05 metres        0.11 g/t
GMZ               from 18.10 to 52.91      34.81 metres        0.20 g/t
Including         from 32.39 to 36.84      4.45 metres         0.53 g/t

Hole 28-183       from 3.05 to 99.67       96.26 metres        0.25 g/t
GMZ               from 3.05 to 99.67       96.26 metres        0.25 g/t
Including         from 28.02 to 38.14      10.12 metres        1.23 g/t

Hole 28-184       from 9.14 to 97.50       88.36 metres        0.09 g/t
GMZ               from 9.14 to 21.33       12.19 metres        0.21 g/t
Including         from 9.14 to 13.33       4.19 metres         0.45 g/t

Hole 28-185       from 6.10 to 99.67       93.57 metres        0.14 g/t
GMZ               from 6.10 to 61.32       55.22 metres        0.20 g/t
zone 1            from 8.10 to 13.10       5.00 metres         0.47 g/t
zone 2            from 36.68 to 39.68      3.00 metres         0.50 g/t

Hole 28-186       from 9.14 to 99.87       90.53 metres        0.10 g/t
GMZ               from 14.14 to 22.56      8.52 metres         0.21 g/t

Hole 28-187       from 3.05 to 99.57       96.62 metres        0.50 g/t
GMZ               from 3.05 to 99.57       96.62 metres        0.50 g/t
zone 1            from 3.05 to 16.15       13.10 metres        0.60 g/t
zone 2            from 28.89 to 34.17      5.28 metres         1.03 g/t
zone 3            from 44.57 to 49.57      5.00 metres         0.86 g/t
zone 4            from 75.14 to 85.14      10.00 metres        1.01 g/t

Hole 28-188       from 3.05 to 99.67       96.62 metres        0.41 g/t
GMZ               from 3.05 to 99.67       96.62 metres        0.41 g/t
zone 1            from 12.05 to 25.05      13.00 metres        0.89 g/t
zone 2            from 42.15 to 55.70      13.55 metres        0.60 g/t

Hole 28-189       from 3.05 to 99.67       96.62 metres        0.52 g/t
GMZ               from 3.05 to 99.67       96.62 metres        0.52 g/t
zone 1            from 7.05 to 27.05       20.00 metres        1.01 g/t
zone 2            from 59.44 to 70.11      10.67 metres        1.01 g/t

Hole 28-190       from 3.05 to 47.85       44.80 metres        1.55 g/t
GMZ               from 3.05 to 47.85       44.80 metres        1.55 g/t
Including         from 17.05 to 44.58      27.53 metres        2.02 g/t

The Panorama Ridge property is located four kilometres east of the historic Nickel Plate-Mascot mine that has produced 2.5 million ounces of gold. The gold mineralization on the Panorama Ridge gold property is related to the pervasive silica-iron alteration (skarn replacement) of the Upper Triassic Nicola Group sedimentary and volcanic rocks. The property was staked in 2000 after Goldcliff prospected new logging road outcrops that exposed skarn alteration. The property has mine-related infrastructure and is readily accessed by roads. Goldcliff has discovered several gold showings and four potentially-economic gold zones.

Leonard W. Saleken, PGeo (geologist), is the qualified person 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, gcnnews20101.

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

Your Recent History

Delayed Upgrade Clock