Goldcliff Completes Pine Grove Drilling
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/13/16 -- George W. Sanders, President of Goldcliff Resource Corporation ("Goldcliff" or the Company) reports that the resource expansion drill program has been completed on the Wilson patented claims at the Pine Grove project. Goldcliff funded a 14 hole, 6,962.5-foot (2,132.6 metres) drill program designed to extend mineralization from the last line of drilling to the northern boundary of the patented claims. Goldcliff is earning a 40% joint venture interest in the Pine Grove project, Lyon County, Nevada from Lincoln Mining Corporation. Lincoln managed the recent drill program.
Thirteen vertical reverse-circulation drill holes were completed in two fences and an additional angle hole was drilled near the southern boundary of the patented claim block for required geochemical information. The first fence of holes stepped out 100 feet beyond the northern limit of previous drilling and the second fence stepped out a further 100 feet to the northern patented claim boundary. The Wilson patented claims are surrounded by located claims which are also part of the Pine Grove joint venture. All holes intersected favorable granodiorite host rock which is a host for gold mineralization at Pine Grove, including some zones with conspicuous iron oxides. All assays are pending.
Jeffrey Wilson, Vice President of Exploration of Lincoln Mining Corporation, and a Qualified Person under NI 43-101 has reviewed the technical disclosure contained 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 .
GOLDCLIFF RESOURCE CORPORATION
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.
Contacts:
Goldcliff Resource Corporation
George W. Sanders
President
250-764-8879 of Toll Free: 1-866-769-4802
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Datum: 13.12.2016 - 14:00 Uhr
Sprache: Deutsch
News-ID 512515
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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