Goldcliff's Drilling Extends Nordic Zone: 25.62 Metres Grading 1.54 Grams per Tonne Gold
09 March 2010 - 1:00AM
Marketwired
George W. Sanders, President of Goldcliff Resource Corporation (TSX
VENTURE: GCN), is pleased to report that the Nordic Zone drill
results contain multiple gold intercepts in multiple drill holes.
The drilling has significantly increased the area of disseminated
gold mineralization on the Nordic zone. The Nordic Zone is one of
four gold zones on the Company's 100 per cent-owned Panorama Ridge
gold project located near Hedley, British Columbia, Canada.
Highlights of the gold intercepts include 25.62 metres grading 1.54
grams per tonne gold and 15.11 metres grading 1.20 g/t grams per
tonne.
The drilling has extended and expanded the Nordic gold
mineralized zone over an area of 70 metres by 250 metres. The
Nordic zone now measures 250 meters along a trend from north east
to south west, and remains open in both directions. This drilling
has also provided valuable information regarding the geometry of
gold mineralization at the Nordic zone, particularly with respect
to faults, dykes, boundaries and trend of mineralization.
The multiple gold intercepts occur throughout the core from the
37 holes of Nordic drilling. A total of 21 holes in the zone
returned values ranging from 0.41 g/t gold to 1.54 g/t gold over
core lengths ranging from 4.19 metres to 73.77 metres. Six of these
holes contained individual one metre intervals exceeding 5.00 g/t
gold, including one metre of 12.80 g/t gold. These results further
establish the continuity of near-surface disseminated gold
mineralization.
Thirty seven drill holes, totalling 2638 metres, were drilled
from three set-ups. The holes were completed in a fan pattern at
various angles and drill stem azimuths. The purpose of this
drilling was to establish both fill-in and step-out gold
mineralization. All the holes drilled along the trend of the Nordic
zone returned significant intersections of the Gold Mineralized
Zone (GMZ), with most containing strong disseminated gold
mineralization. Some holes drilled to the north-north west returned
little or no significant gold values, thereby establishing that the
Nordic zone is bounded in that direction. Similarly, a few holes
drilled further south of the south east limits of the Nordic zone
returned limited or no significant gold values, thus indicating
that the zone is bounded in that direction as well.
From set-up F, eleven holes were drilled. This set-up is at the
northwest edge of the Nordic zone. From here, holes were drilled
further north, north west and north east, as well as back into the
zone.
Hole 28-153
Total hole from 3.31 to 75.29 metres 71.98 metres 0.15
GMZ from 3.31 to 52.29 metres 48.98 metres 0.20
Including from 13.31 to 19.16 metres 5.85 metres 0.97
Hole 28-155
Total hole from 3.05 to 75.29 metres 72.24 metres 0.16
GMZ from 7.18 to 41.95 metres 34.77 metres 0.20
Hole 28-156
Total hole from 3.05 to 75.29 metres 72.24 metres 0.13
GMZ from 9.78 to 45.57 metres 35.79 metres 0.20
Hole 28-157
Total hole from 3.05 to 75.29 metres 72.24 metres 0.16
GMZ from 3.05 to 44.43 metres 41.38 metres 0.20
Including from 3.05 to 19.56 metres 16.51 metres 0.43
Hole 28-158
Total hole from 3.05 to 75.29 metres 72.24 metres 0.18
GMZ from 7.28 to 72.04 metres 64.76 metres 0.20
Including from 29.28 to 36.89 metres 7.61 metres 0.42
Hole 28-159
Total hole from 3.05 to 60.05 metres 57.00 metres 0.19
GMZ from 3.05 to 49.59 metres 46.54 metres 0.21
Including from 19.29 to 23.48 metres 4.19 metres 0.57
Hole 28-162
Total hole from 3.05 to 50.90 metres 47.85 metres 0.28
GMZ from 3.05 to 50.90 metres 47.85 metres 0.28
Including from 8.41 to 13.41 metres 5.00 metres 1.00
Holes 28-152, 28-154, 28-160 and 28-161 returned no significant values.
Along the trend of the Nordic zone, 15 holes were drilled from
set-up G. Strong gold mineralization was encountered as
follows.
Hole 28-118
Total hole from 3.66 to 74.98 metres 71.32 metres 0.18
GMZ from 3.66 to 67.08 metres 63.42 metres 0.20
Including from 3.66 to 27.54 metres 23.98 metres 0.52
Hole 28-119
Total hole from 3.66 to 75.29 metres 71.63 metres 0.25
GMZ from 3.66 to 75.29 metres 71.63 metres 0.25
Including from 3.66 to 17.38 metres 13.72 metres 0.97
Hole 28-120
Total hole from 3.31 to 74.98 metres 71.67 metres 0.19
GMZ from 3.31 to 64.50 metres 61.19 metres 0.2
Including from 3.31 to 13.84 metres 10.53 metres 0.50
Hole 28-121
Total hole from 1.65 to 75.29 metres 73.64 metres 0.72
GMZ from 1.65 to 75.29 metres 73.64 metres 0.72
Including from 1.65 to 9.66 metres 8.01 metres 0.94
Including from 41.22 to 66.84 metres 25.62 metres 1.54
Hole 28-122
Total hole from 1.52 to 74.98 metres 73.46 metres 0.67
GMZ from 1.52 to 74.98 metres 73.46 metres 0.67
Including from 1.52 to 45.29 metres 43.77 metres 1.01
Hole 28-123
Total hole from 1.52 to 75.29 metres 73.77 metres 0.41
GMZ from 1.52 to 75.29 metres 73.77 metres 0.41
Including from 1.52 to 13.71 metres 12.19 metres 0.80
Including from 60.18 to 75.29 metres 15.11 metres 1.20
Hole 28-124
Total hole from 1.52 to 74.98 metres 73.46 metres 0.50
GMZ from 1.52 to 74.98 metres 73.46 metres 0.50
Including from 1.52 to 33.58 metres 32.06 metres 1.04
Hole 28-125
Total hole from 1.52 to 75.29 metres 73.77 metres 0.19
GMZ from 1.52 to 64.51 metres 62.99 metres 0.20
Including from 1.52 to 10.55 metres 9.03 metres 0.90
Hole 28-126
Total hole from 1.69 to 65.84 metres 64.15 metres 0.43
GMZ from 1.69 to 65.84 metres 64.15 metres 0.43
Including from 1.69 to 23.64 metres 21.95 metres 1.10
Hole 28-127
Total hole from 1.52 to 75.29 metres 73.77 metres 0.29
GMZ from 1.52 to 75.29 metres 73.77 metres 0.29
Including from 1.52 to 16.46 metres 14.94 metres 1.05
Hole 28-128
Total hole from 1.52 to 74.98 metres 73.46 metres 0.51
GMZ from 1.52 to 74.98 metres 73.46 metres 0.51
Including from 1.52 to 33.59 metres 32.07 metres 1.02
Hole 28-129
Total hole from 1.68 to 75.29 metres 73.61 metres 0.50
GMZ from 1.68 to 75.29 metres 73.61 metres 0.50
Including from 1.68 to 34.57 metres 32.89 metres 1.00
Hole 28-130
Total hole from 1.83 to 50.60 metres 48.77 metres 0.65
GMZ from 1.83 to 50.60 metres 48.77 metres 0.65
Including from 1.83 to 30.76 metres 28.93 metres 1.02
Hole 28-132
Total hole from 2.38 to 21.34 metres 18.96 metres 0.55
GMZ from 2.38 to 21.34 metres 18.96 metres 0.55
From set-up H, a further 11 holes were drilled approximately 55
metres south-south west of set-up G. Holes 28-137, 28-139 and
28-143 were drilled to the south and/or below the limits of the
zone and returned no significant values. Holes 28-134 and 28-135
were drilled below the northern limit of the zone and also returned
no significant values. Holes drilled into the zone continued to
return strong gold values.
Hole 28-133
Total hole from 3.04 to 87.48 metres 84.44 metres 0.19
GMZ from 3.04 to 74.68 metres 71.64 metres 0.20
Including from 26.73 to 40.08 metres 13.35 metres 0.62
Hole 28-136
Total hole from 1.52 to 74.98 metres 73.46 metres 0.45
GMZ from 1.52 to 74.98 metres 73.46 metres 0.45
Including from 26.51 to 52.26 metres 25.75 metres 1.12
Hole 28-138
Total hole from 1.52 to 74.98 metres 73.46 metres 0.36
GMZ from 1.52 to 74.98 metres 73.46 metres 0.36
Including from 19.33 to 38.55 metres 19.22 metres 1.02
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, gcnnews20104
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
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