Goldcliff Resource Corporation

Goldcliff Resource Corporation

September 15, 2011 21:08 ET

Goldcliff Resource Corporation: 3D-IP Locates Twelve Deep-Seated Anomalies at Tulameen

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2011) - George W. Sanders, President of Goldcliff Resource Corporation (TSX VENTURE:GCN) reports that the 3D-Induced Polarization survey (3D-IP) conducted on the Whipsaw alkalic porphyry copper-gold target area has successfully located twelve, deeply rooted chargeability anomalies. The chargeability anomalies are interpreted to be disseminated sulphide mineralization that extends from surface to depths of 500 metres. The Bolas chargeability anomaly is associated with surface chalcopyrite and pyrite sulphide mineralization at the Eagle and Trojan Showings.

The Whipsaw chargeability anomalies are found on Goldcliff's 100 per cent owned Tulameen Copper property in the Copper Mountain district near Princeton, BC, Canada. The Whipsaw target area is located along the Copper Mountain south-west copper trend, approximately seven kilometres southwest of the Copper Mountain ore bodies.

The Whipsaw alkalic porphyry copper-gold target area is within 40 square kilometres of prospective Upper Triassic Nicola Group geology that contains strong airborne geophysical anomalies, moderate to strong copper-gold-pathfinder geochemical anomalies and surface showings of chalcopyrite, malachite and pyrite mineralization. The 3D-IP survey has located a total of twelve chargeability anomalies at both depth and with surface expression associated with disseminated sulphides. The chargeability anomalies have deep-roots that extend to depths of 500 metres. The chargeability strength in milliseconds (ms) ranges from weak (>5 to 10 ms), to moderate (11 to 20 ms), to strong (21 to 30 ms), to very strong (31 to >50 ms). The sizes of the twelve individual chargeability anomalies range from 0.2 to 1.0 square kilometres. The various chargeability anomalies range from 400 to 1000 metres in width and 500 to 2000 metres in length.

The Whipsaw target chargeability anomalies occur in the Upper Triassic Nicola Group rocks that host the alkalic porphyry copper-gold ore bodies in the district. Seven of the chargeability anomalies occur within outcropping Nicola Group rocks, with one occurring along the Upper Triassic Nicola Group-Tertiary Princeton Group unconformity contact. Three chargeability anomalies occur in Triassic Nicola Group rocks that are covered by Tertiary Princeton Group rocks. Several surface copper sulphide showings that surround the Whipsaw target area contain chalcopyrite, bornite, chalcocite and pyrite mineralization within Upper Triassic Nicola Group rocks.

The Upper Triassic Nicola Group is unconformably overlain by the Tertiary Princeton Group. The interpretation is that high-grade supergene copper mineralization may have developed over the primary copper orebodies and the Princeton Group rocks may have preserved the supergene copper mineralization from glacial erosion. In the southwestern United States, high-grade supergene blankets are common in the copper deposits. In British Columbia, orebodies with preserved high-grade supergene copper blankets include Craigmont (Placer), Afton (Teck), Kemess (Northgate) and Kwanika (Serengeti). The orebodies that contain remnant supergene copper mineralization with the orebodies include Ajax (Teck), Mount Polley (Imperial Metals) and Copper Mountain (Copper Mountain). The preserved orebodies were capped while the un-capped orebodies were affected by glaciation that removed the supergene copper blanket.

Leonard W. Saleken, P.Geo. (geologist), and Edwin R. Rockel, P.Geo. (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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