Goldcliff Resource Corporation

Goldcliff Resource Corporation

May 13, 2011 16:16 ET

Goldcliff Begins 3D-IP Survey at Whipsaw Target

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 13, 2011) - George W. Sanders, President of Goldcliff Resource Corporation (TSX VENTURE:GCN), reports that the Company has begun a 3D-Induced Polarization survey (3D-IP) to establish drill targets on Goldcliff's 100-per cent owned Tulameen Copper property in the Copper Mountain district near Princeton, BC, Canada. The 3D-IP survey will cover 77 line kilometres within the high priority Whipsaw alkalic porphyry copper-gold target area. The 3D-IP survey will locate drill targets within the highly anomalous copper-gold Whipsaw target area, which is located approximately seven kilometres southwest of the Copper Mountain ore bodies.

Recent comprehensive on-surface exploration on the Whipsaw target has located strong geological, geochemical and geophysical anomalies for subsurface exploration. The 3D-IP survey data provides accurate subsurface coverage in a true three-dimensional geophysical frame, as opposed to the conventional two-dimensional survey data (2D-IP). The 3D-IP data will provide accurate surface and subsurface drill hole locations to test the Whipsaw target copper-gold anomalies.

The Whipsaw alkalic porphyry copper-gold target area is on the Copper Mountain copper trend. The Whipsaw target area is 40 square kilometres of prospective geology, strong airborne geophysical anomalies, moderate to strong regional geochemical anomalies and numerous surface showings of chalcopyrite, bornite and chalcocite.

Much of the Whipsaw target Upper Triassic Nicola Group rocks that host alkalic porphyry copper-gold ore bodies are covered by Tertiary Princeton Group rocks, the youngest in the district. Goldcliff's regional geological interpretation is that the Upper Triassic Nicola Group rocks, west of the Similkameen River, have been down-dropped by the Boundary fault, and the Upper Triassic Nicola Group mineral-bearing rocks have been covered by the younger Tertiary Princeton Group. The numerous surface showings of copper sulphides associated with the Whipsaw target area suggest upward leakage from a mineralizing system below the Princeton Group rocks.

Due to the fault's down-drop, the Princeton Group rock cover would have protected and preserved from glaciation any supergene high-grade copper mineralization that occurs on the Whipsaw target. The Afton copper orebody near Kamloops, British Columbia, contained a supergene zone that was preserved by Tertiary volcanics.

Leonard W. Saleken, PGeo (geologist), and Edwin R. Rockel, PGeo (geophysicist), are the qualified persons as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.


George W. Sanders, President, Director

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