Goldcliff Resource Corporation

Goldcliff Resource Corporation

November 09, 2005 08:30 ET

Goldcliff Resource Corporation: Panorama Exploration

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 9, 2005) - Goldcliff Resource Corporation (TSX VENTURE:GCN) reports that the 2005 field exploration work was successful, on time and on budget, at Panorama Ridge in the Hedley Gold Basin, British Columbia, Canada. The exploration work focused on surface trenching and core drilling at the Nordic and York-Viking gold zones. The initial exploration gold assay results are highlighted by the discovery of significant high-grade gold values at the Nordic, which include 26.50 grams per tonne gold.

The exploration program for 2005 consisted of 1.32 kilometres of surface trenching, in preparation for 1,211 metres of core drilling (13 holes). The remaining surface trench samples are currently being assayed. The drill core is being geologically logged and sampled in preparation for shipment to the assay laboratory.

The Nordic 2005 surface trenching highlights (continuous gold
intervals, weighted gold values) are as follows:
Trench From (m) To (m) Interval (m) Gold (g/t)
ND56 0.00 45.40 45.40 2.04
Includes 5.00 11.00 3.00 15.60
Includes 10.00 11.00 1.00 26.50
ND74 10.00 32.00 22.00 2.02
Includes 18.00 21.00 3.00 4.17
ND83 10.00 16.70 6.70 2.10
Includes 14.00 16.70 2.70 2.61
ND91 0.00 12.00 12.00 2.94
Includes 6.00 9.00 3.00 5.78
Includes 8.00 7.00 1.00 7.43

The assay results from the York-Viking trenches are in the process of being compiled.

Goldcliff's Panorama Ridge property contains gold skarn sedex-strata-bound mineralization. Goldcliff's property is a new discovery in the Hedley Gold Basin and is located to the east of the previously-mined Nickel Plate-Mascot gold mine that once produced 2.5 million ounces of gold.

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.


Leonard W. Saleken, PGeo, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this news release.

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