Goldcliff Resource Corporation (TSXV:GCN; OTC PINK:GCFFF) has reported a newly identified gold-silver mineralized area within the North Cliff Zone at its Kettle Valley project near Rock Creek, British Columbia. The area was identified through follow-up work linked to results from three samples collected during the company's May surface sampling programme.
#Sampling results identify new target
The three samples associated with the area returned varying gold and silver values. Sample 18 contained 0.46 g/t gold (Au) and 33.36 g/t silver (Ag). Sample 19 returned 0.73 g/t Au and 52.00 g/t Ag, while Sample 20 returned 0.46 g/t Au and 54.46 g/t Ag.
Goldcliff said the silver results and accompanying gold mineralization distinguish the location as a new exploration target within the wider Cliff Zone.
#East Breccia Zone identified
Prospecting carried out on August 26 around the sample area identified carbonate-quartz brecciation and veining. Goldcliff is tentatively calling the occurrence the East Breccia Zone.
Field observations indicate that mineralization occurs in carbonate and carbonate-quartz breccias and veins interpreted to lie along or near fault structures that cut feldspar-megacrystic rhyolite or granite. The zone trends north and dips steeply. In places, it extends east-west across widths of several metres.
#Extent remains uncertain
Overburden covers parts of the zone, meaning its full lateral extent has not yet been established. The strike length is also unknown. Field observations suggest the zone may extend for more than 50 metres and remains open to both the north and south.
Goldcliff said earlier sampling of gold-silver-bearing carbonate-quartz material is located up to approximately 150 metres south of the newly identified area. Further work is needed to establish whether those occurrences are connected to the East Breccia Zone.
#Broader Kettle Valley sampling
The company's expanded prospecting and rock sampling programme followed analysis of an April hand-trenching programme. Goldcliff collected 79 rock samples between May 9 and May 14 to increase sample density and extend coverage into areas with limited previous sampling.
The results were grouped into samples with no significant or weakly anomalous values, samples with moderately to highly anomalous values, and samples returning greater than 0.20 g/t Au. The majority produced no significant values or were weakly anomalous, while a smaller group exceeded 0.20 g/t Au.
Goldcliff said the distribution of the results supports its interpretation that precious metal mineralization at Kettle Valley is structurally controlled and concentrated in discrete zones. The sampling is also being used to compare gold-silver grades with lithology and structure as the company refines areas for follow-up work.
#Potential drilling remains under evaluation
The Kettle Valley project is currently permitted for trenching and drilling. Goldcliff management and its geological team are evaluating the logistical requirements and geological priorities for a potential drill programme that could test the East Breccia Zone and other known areas of precious metal mineralization within the North Cliff Zone.
The company has not stated that drilling has been approved, started or completed.
#Technical review
Warner Gruenwald, P.Geo., identified as a Qualified Person under National Instrument 43-101, reviewed and approved the technical information. The company describes him as an independent consulting geologist to Goldcliff.
#Key Takeaways
- Goldcliff reported a new gold-silver mineralized area in the North Cliff Zone at Kettle Valley.
- Three samples returned gold values of 0.46 g/t Au, 0.73 g/t Au and 0.46 g/t Au, alongside the reported silver results.
- August 26 prospecting identified a carbonate-quartz breccia and vein zone tentatively named the East Breccia Zone.
- The zone may extend for more than 50 metres, but its strike length and full lateral extent remain unknown.
- A potential drill programme is being evaluated, while the project is permitted for trenching and drilling.
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