GCN High-Grade Gold MineralizationGoldcliff Resource Corporation: York-Viking Zone Encounters More High-Grade Gold Mineralization
4/5/2006
VANCOUVER, BRITISH COLUMBIA, Apr 5, 2006 (CCNMatthews via COMTEX News Network) --
Goldcliff Resource Corporation (TSX VENTURE:GCN) reports significant assay results from the drilling at the Panorama Ridge property, York-Viking gold zone (YVZ), in the Hedley Gold Basin, British Columbia, Canada. The drilling results for YVZ continue to expand the mineralized zone and confirm that gold and silver mineralization with higher grade intersections occurs throughout the zone. Gold mineralization is highlighted by 2.03, 4.66 and 34.30 grams per tonne gold.
The York-Viking zone drilling results that relate to section 9930N are highlighted by 1.00 grams per tonne gold (g/t) and 0.4 g/t silver over a drill intercept of 67.83 metres (m) -- a highlight of which is 5.20 g/t gold and 0.3 g/t silver over 9.00 metres. High-grade values of 34.30 g/t gold and 1.6 g/t silver are intersected in the drilling.
The significantly strong drilling and trenching results at the York-Viking gold zone successfully establishes that gold and silver mineralization occurs concurrently at depth and on the surface. The drill holes on section 9930N in the YVZ demonstrate the continuity of gold and silver grades at depth. The following table lists gold and silver values for the section:
DDH (#) From (m) To (m) Interval (m) Au (g/t) Ag (g/t)
24023 8.54 96.93 88.39 0.87 0.4
Includes 8.54 76.37 67.83 1.00 0.4
And 16.63 68.80 53.17 1.21 0.4
And 16.63 44.73 28.10 1.81 0.4
And 16.63 42.06 25.43 2.00 0.4
And 16.63 36.77 20.14 2.49 0.4
And 17.63 33.18 15.55 3.12 0.4
And 17.63 28.68 11.05 4.30 0.3
And 17.63 26.63 9.00 5.20 0.3
And 17.63 23.63 6.00 7.64 0.3
And 17.63 21.63 4.00 11.27 0.4
And 17.63 20.63 3.00 14.88 0.4
And 17.63 19.63 2.00 20.88 0.6
And 17.63 18.63 1.00 34.30 0.5
25048 3.66 51.49 47.83 0.51 0.3
Includes 8.26 30.69 22.43 0.67 0.2
And 11.32 30.69 19.35 0.71 0.3
And 14.43 29.69 15.26 0.80 0.3
And 16.69 27.69 11.00 1.00 0.3
And 16.69 23.69 7.00 1.12 0.3
And 16.69 21.69 5.00 1.47 0.4
And 16.69 19.69 3.00 2.03 0.4
And 16.69 17.69 1.00 4.15 0.6
Includes 36.69 47.48 10.79 0.54 0.5
And 36.69 45.48 5.79 0.62 0.5
And 41.76 45.48 3.72 0.81 0.6
And 43.12 45.48 2.36 1.14 0.7
And 44.48 45.48 1.00 1.79 0.4
24024 10.37 68.01 57.64 0.30 0.3
Includes 10.37 37.01 26.64 0.40 0.3
And 15.37 34.37 19.00 0.50 0.3
And 22.37 34.37 12.00 0.62 0.3
And 23.37 32.37 9.00 0.75 0.3
And 25.37 32.37 7.00 0.86 0.3
And 27.37 32.37 5.00 1.05 0.3
And 29.37 32.37 3.00 1.27 0.3
And 29.37 30.37 1.00 1.63 0.3
Includes 60.01 68.01 8.00 0.52 0.3
And 63.01 68.01 5.00 0.76 0.3
And 65.01 68.01 3.00 1.00 0.2
And 66.01 68.01 2.00 1.42 0.3
And 66.01 67.01 1.00 2.57 0.3
The drill hole data for section 9930N is as follows:
Easting Northing Azimuth Dip
DDH (#) (Utm) (Utm) (degrees) (degrees) Depth (m)
24023 284072.79 5473099.87 320 -55 96.93
25048 284072.79 5473099.87 320 -80 84.43
24024 284072.79 5473099.87 140 -45 99.97
Additional assays for the remaining YVZ and the Nordic zones' drill holes are pending. In 2005, Goldcliff drilled 1,211 metres in 13 core drill holes.
In summary, gold results are consistent with the Panorama gold deposit model - a world-class, sedimentary, strata-bound gold skarn deposit with an important silver grade content. The gold and silver mineralization at YVZ occurs concurrently on the surface and at depth.
The gold and silver production from the nearby Nickel Plate-Mascot mine (1904-1996) was 2.5 million ounces gold and 600,000 ounces silver, including 981,030 kilograms of copper and 4 kilograms of zinc.
Eco Tech Laboratory Ltd. of Kamloops, B.C., an accredited laboratory, is conducting the sample preparation and analyses. Leonard W. Saleken, PGeo, 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
Leonard W. Saleken, PGeo, President
SOURCE: Goldcliff Resource Corporation
Goldcliff Resource Corporation Leonard W. Saleken, PGeo President (604) 685-5685 or Toll Free: 1-866-769-4802 (604) 261-8994 (FAX) info@goldcliff.ca www.goldcliff.com