Goldcliff Develops Whipsaw Target at Tulameen
February 10 2011 - 12:22PM
Marketwired
George Sanders, President of Goldcliff Resource Corporation (TSX
VENTURE: GCN), reports that, of the six targets currently developed
on the Tulameen Project, the Whipsaw area has emerged as the
highest priority target for porphyry copper deposit discovery
potential. The Tulameen Project claims are a contiguous block of
29,872 hectares located in the Princeton mining district in British
Columbia, Canada, The claim block, which is 100-per cent-owned by
Goldcliff, is west of Highway #3 and situated between the Copper
Mountain and Whipsaw copper camps. The 40 square kilometres Whipsaw
Target area is within the SW-NE Copper Mountain copper trend and
demonstrates a strong correlation of geological, geochemical and
geophysical features associated with copper porphyry deposit
discovery.
Goldcliff has developed six targets on the Tulameen Project that
have porphyry copper deposit discovery potential. The project area
is underlain by Upper Triassic Nicola Group sediment and volcanic
rocks that have been intruded by Copper Mountain diorite
intrusions. The Copper Mountain orebodies are located to the
northeast of the project. Goldcliff's claims contain several
copper-silver-gold showings, including the Nev, Wilmac and Lam
showings. The Whipsaw Target, which covers 40 square kilometres and
is centrally situated along the Copper Mountain SW-NE copper trend,
is the highest priority exploration target.
The Whipsaw Target area contains the Nev, Eagle and Raven
malachite copper showings, along with a weak copper soil
geochemical anomaly. Goldcliff has prospected these showings, as
well as much of the claim block, and conducted geochemical
sampling. The Goldcliff stream sediment geochemical anomalous
values in the Whipsaw Target area are moderate in copper, strong in
gold and weak in silver. The other base metals are weak to moderate
(Mo, Ni, Pb, Zn). The significant pathfinder elements are moderate
to strong (As, Bi, Co, Sb). The Goldcliff multi-sensor airborne
geophysical survey has detected a strong airborne magnetic response
that is similar to the magnetic response at Copper Mountain. Along
the peripheries of the Whipsaw Target area are numerous copper
showings that contain malachite, chalcopyrite, bornite and
chalcocite, along with other base and precious metals. Goldcliff's
Nev, Eagle and Raven copper showings are along the Copper Mountain
copper trend.
The Whipsaw copper camp is southwest of the Goldcliff claim
block. The camp contains several showings of copper, gold, silver,
molyb-denum, zinc and lead mineralization, including the BZ
porphyry copper-gold zone. The mineralization is related to the
Otter porphyry stock. This Late Cretaceous to Middle Tertiary stock
intrudes the mineralized contact between the Upper Triassic Nicola
Group sediment and volcanic rocks and the Jurassic-Cretaceous Eagle
granodi-orite. Copper, molybdenum and gold mineralization occurs
mainly in the Nicola Group rocks, and is related spatially to the
peripheries of the Otter porphyry stock. The drilling programs
(9,163 metres) over the years have outlined extensive areas of
0.2-0.3% copper porphyry mineralization accompanied by molybdenum
and gold. The Whipsaw copper camp has a similarly strong airborne
magnetic response to that present at the Copper Mountain copper
deposits and the Goldcliff Whipsaw Target.
Leonard W. Saleken, PGeo (geologist), Edwin R. Rockel, PGeo
(geophysicist), and Sam Zastavnikovich, PGeo (geochemist), 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, gcnnews201101.
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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