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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)
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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:
  • Hedley (band)
  • Hedley (album), their debut
  • Hedley, British Columbia
  • Hedley, Northumberland
  • Hedley Hill, county Durham
  • Hedley, Texas
Hedley is also the surname of:
 Gold Basin, BC, Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of . From discovery in 2000, exploration work at Panorama Ridge has successfully advanced the property from gold in outcrops to gold in drill holes. The exploration success has led to the discovery of the potentially economic gold mineralization Mineralization
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)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Mar 31, 2005
Words:1261
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