Goldcliff Resource Corporation: York-Viking Gold Zone Drilling Extends High-Grade Gold Mineralization.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Goldcliff Resource Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:GCN GCN Government Computer News GCN Gamecube Nintendo (gaming) GCN GIG (Global Information Grid) Computing Nodes GCN GRB Coordinates Network GCN Gospel Communications Network ) Leonard Leon·ard , Ray Charles Known as "Sugar Ray." Born 1956. American boxer who won the 1976 Olympic light welterweight title. He held five world titles as both a welterweight and middleweight between 1979 and 1987. Noun 1. W. Saleken, President of Goldcliff Resource Corporation, is pleased to provide an exploration progress report on Goldcliff's 100%-owned Panorama Ridge gold discovery in the Hedley Hedley may refer to:
The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. at the York-Viking gold zone at Panorama Ridge. Drill hole 240023 at the York-Viking gold zone is a exceptional intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. of 34.30 grams/tonne (g/t) gold (previously reported). The high-grade High-grade Credit quality of AAA or AA. high-grade Of, relating to, or being a bond with little risk of default on the part of the issuer. High-grade is usually reserved for bonds rated AAA or AA by the rating services. gold intercept intercept in mathematical terms the points at which a curve cuts the two axes of a graph. is contained in a 1.51 g/t gold drill intersection that covers 39.17 metres. With the intercept 12.61 g/t, drill hole 240025 affirms the high-grade potential of the York-Viking gold zone. The high-grade gold intercept is contained in a 1.54 g/t gold drill intersection that covers 17.23 metres. These high-grade gold numbers, along with several other holes, are highly encouraging. Not only are the plus, 1.50 g/t gold values well above 1.0 g/t gold, which is the approximate ap·prox·i·mate v. To bring together, as cut edges of tissue. adj. 1. Relating to the contact surfaces, either proximal or distal, of two adjacent teeth; proximate. 2. Close together. value that must be achieved in order to warrant further exploration, the values, in general, are comparable to those found at the previously-mined (1904-1996) Nickel nickel, metallic chemical element; symbol Ni; at. no. 28; at. wt. 58.69; m.p. about 1,453°C;; b.p. about 2,732°C;; sp. gr. 8.902 at 25°C;; valence 0, +1, +2, +3, or +4. Plate orebodies. The Nickel Plate high-grade underground production, which produced 1.5 million ounces of gold, recovered grades averaging 13.94 g/t gold, while the Mascot open-pit surface production, which produced 1 million ounces of gold, recovered grades averaging 1.98 g/t gold. The remaining 2004 drill holes for the York-Viking gold zone are reported. All six drill holes ended in the Gold Mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. Zone (GMZ GMZ Gusenichnyy Mino-Zagraditel' (Russian armored track vehicle) : 0.20 or greater g/t gold). The gold sample intervals are continuous and are reported as drill lengths. The grams per tonne tonne measure of weight or mass; 1 tonne=1000 kg. See also ton. gold are weighted averages. The York-Viking gold zone gold drilling results are summarized as follows: DDH240024 Total Length From To Interval Gold (99.06m) (m) (m) (m) (g/t) includes 10.37 99.06 88.69 0.22(a) and 15.37 34.37 19.00 0.50(i) and 27.37 32.37 5.00 1.05 and 29.37 30.37 1.00 1.61 includes 55.01 73.01 18.00 0.30(ii) and 62.01 70.01 8.00 0.52 and 64.01 67.01 3.00 1.06 and 66.01 67.01 1.00 2.57 DDH240025 Total Length From To Interval Gold (98.91m) (m) (m) (m) (g/t) includes 5.49 98.91 93.42 0.50(a) and 5.49 72.16 66.67 0.67 and 5.49 43.16 37.67 1.01 includes 25.93 43.16 17.23 1.54(i) and 24.93 33.93 9.00 2.08 and 28.93 31.93 3.00 4.76 and 28.93 29.93 1.00 12.61 includes 37.93 43.16 5.23 1.44(ii) and 39.16 42.16 3.00 2.08 and 40.16 41.16 1.00 4.20 DDH240026 Total Length From To Interval Gold (118.82m) (m) (m) (m) (g/t) includes 3.05 118.82 115.77 0.20(a) and 3.05 72.08 69.03 0.30(i) and 46.08 68.08 22.00 0.40 and 51.08 60.08 9.00 0.50 and 51.08 52.08 1.00 0.64 and 54.08 55.08 1.00 0.62 DDH240027 Total Length From To Interval Gold (98.61m) (m) (m) (m) (g/t) includes 5.49 98.61 93.12 0.20(a) includes 5.49 25.49 20.00 0.30(i) and 21.49 22.49 2.00 0.49 and 22.49 23.49 1.00 0.62 includes 35.49 45.49 10.00 0.33(ii) and 37.49 43.49 6.00 0.41 and 40.49 43.49 3.00 0.53 and 42.49 43.49 1.00 0.73 includes 60.61 75.61 15.00 0.22(iii) and 60.61 66.61 6.00 0.29 and 60.61 61.61 1.00 0.55 includes 92.61 98.61 6.00 0.22(iiii) and 92.61 94.61 2.00 0.34 and 92.61 93.61 1.00 0.57 DDH240028 Total Length From To Interval Gold (112.72m) (m) (m) (m) (g/t) includes 1.52 112.72 111.72 0.20(a) includes 10.16 34.22 24.06 0.30(i) and 20.22 34.22 14.00 0.41 and 22.22 29.22 7.00 0.53 and 23.22 26.22 3.00 1.06 and 25.22 26.22 1.00 1.96 includes 44.22 82.25 38.03 0.30(ii) and 54.46 66.14 11.68 0.55 and 54.46 55.46 1.00 1.12 and 62.14 65.14 4.00 0.86 and 62.14 63.14 1.00 1.12 DDH240029 Total Length From To Interval Gold (118.89m) (m) (m) (m) (g/t) includes 1.52 118.89 117.37 0.16 includes 1.52 91.19 89.67 0.20(a) includes 29.15 70.19 41.04 0.30(i) and 40.15 51.19 11.04 0.52 and 40.15 46.26 6.11 0.72 and 40.15 43.15 3.00 1.06 and 41.15 42.15 1.00 1.51 (Drill hole gold mineralization designations: GMZ(a), Zone1(i), Zone2(ii), Zone3(iii), Zone4(iiii)) The 2004 Phase II drilling results for gold mineralization from the 12 holes have exceeded the Company's expectations and are an improvement upon last year's exceptional Phase I results. The gold results of the first six holes for the York-Viking gold zone have been previously reported (www.goldcliff.com). The significance of these gold results, as they relate to the York-Viking gold zone, is that provide confidence of the continuity of gold mineralization in the GMZ (gold mineralized zone) at Panorama Ridge. The York-Viking gold zone was discovered in the 2003 Phase I drill program. The surface trench trench: see ocean. and drill gold results indicate potential economic gold grades over a widespread area. The surface gold mineralization indicates that the York-Viking gold zone covers an area of approximately 300 by 300 metres, and the drilling indicates that the gold mineralization extends to depths of greater than 100 metres. The Panorama Ridge gold property is located in a world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. gold district which produced 2.5 million ounces of gold in the last 100 years. The gold was mined from a series of sedex-strata-bound gold deposits which occurred at one location - the Nickel Plate-Mascot gold mine (1904-1996). Discovered in 2000, Goldcliff's Panorama Ridge gold property is situated in a geologically-similar environment to this previous find. Panorama Ridge is located a few kilometers east of the past-producing gold mine. Leonard W. Saleken, PGeo, is the qualified person as defined by National Instrument 43-101 who supervised su·per·vise tr.v. su·per·vised, su·per·vis·ing, su·per·vis·es To have the charge and direction of; superintend. [Middle English *supervisen, from Medieval Latin the preparation and verification of the technical information in this release. The gold assay ASSAY. A chemical examination of metals, by which the quantity of valuable or precious metal contained in any mineral or metallic mixture is ascertained. 2. By the acts of Congress of March 3, 1823, 3 Story's L. U. S. 1924; of June 25, 1834, 4 Shars. cont. Story's L. U. S. results for the remaining drill holes will be announced on a timely basis. GOLDCLIFF RESOURCE CORPORATION Leonard W. Saleken, PGeo, President USA Exemption 12g3-2b:82-2748 The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. Goldcliff Resource Corporation (TSX VENTURE:GCN) |
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