Goldcliff Resource Corporation
TSX VENTURE : GCN

Goldcliff Resource Corporation

November 14, 2006 13:14 ET

Goldcliff Resource Corporation: Plug Project Returns-0.23 Per Cent Copper-at New Discovery

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 14, 2006) - Leonard W. Saleken, President of Goldcliff Resource Corporation (TSX VENTURE:GCN), announces the discovery of a new copper-gold showing on the Plug Project area claims. The Logan showing was discovered along a new logging road outcrop during the 2006 exploration field program. The Logan showing discovery, resulted from follow-up prospecting of the regional stream sediment anomalies on the Neal Creek forest access road.

The Logan showing is in close proximity to Goldcliff's Plug and Meadow showings. The Logan, Plug and Meadow showings, along with the Melba epithermal gold showing, occur along the northeast-southwest structural trend (Clapperton fault system). The four showings occur over a distance of 10 kilometres along the trend.

Situated along 30 metres of road, the exposed Logan showing outcrops exhibit strong, pervasive, rusty carbonate alteration and brecciation. Outcrop mineralization consists of pyrite, chalcopyrite and malachite. Grab samples from the showing are reporting 101 to 2315 ppb copper and 10 to 70 ppm gold. Anomalous trace elements include chrome (454 ppm), mercury (11 ppm), nickel (495 ppm), lead (20ppm), antimony (20 ppm) and zinc (51 ppm).

The Plug Project area is located in the Intermontane Belt of the Canadian Cordillera that is underlain by Triassic volcanic and sedimentary rocks of the Nicola Group. The Nicola Group is a complex combination of volcanic and sedimentary rocks. A variety of igneous rocks intrude the Nicola Group complex. The district is host to the Highland Valley copper mines, in Logan Lake (Teck-Cominco), the Afton and New Afton mine, in Kamloops (Teck-Cominco and New Gold) and the historic Craigmont mine, in Merritt (Placer Development).

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.

GOLDCLIFF RESOURCE CORPORATION

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.

Contact Information

  • Goldcliff Resource Corporation
    Leonard W. Saleken
    (604) 685-5685 or Toll Free: 1-866-769-4802
    or
    Goldcliff Resource Corporation
    George W. Sanders
    (604) 685-5685 or Toll Free: 1-866-769-4802
    or
    Goldcliff Resource Corporation
    Lorne Beloud
    (604) 685-5685 or Toll Free: 1-866-769-4802
    (604) 261-8994 (FAX)
    Email: Info@goldcliff.com
    Website: www.goldcliff.com