George Sanders, President of Goldcliff Resource Corp. reports that the Company has arranged a Non-Brokered Private Placement of 3,500,000 Units at a price of $0.08 per Unit for gross proceeds of $280,000. Each Unit will consist of one common share and one half common share purchase warrant. Each whole warrant will entitle the holder to purchase an additional common share at a price of $0.10 per share for a period of two [...]
George Sanders, President of Goldcliff Resource Corp. reports that interpretation of exploration results to date conclude that the Nevada Rand project has district scale potential to host disseminated bulk tonnage gold deposits along with discreet, very high grade silver/gold sweet spots. During the last twelve months, Goldcliff conducted underground mapping and sampling in the old Nevada Rand and Lone Star workings [...]
George Sanders, President of Goldcliff Resource Corp. is pleased to report a new discovery from the maiden drill programme at the Nevada Rand property in Mineral County, Nevada. Hole RD-7, the final hole of the programme intersected a broad zone of disseminated gold mineralization consistent with the grades of many Nevada deposits and open pit mines. The 21-foot zone averaged 0.28 g/t with all but two samples ranging from [...]
George Sanders, President of Goldcliff Resource Corp. reports that the Information Circular and all proxy-related materials have been sent to all registered shareholders entitled to vote at the Annual General Meeting to be held at 10:00 am on Tuesday, April 28, 2020. As permitted by the Company’s Articles, and in accordance with the recommendations of public health officials, the Company will not hold a physical meeting [...]
George Sanders, President of Goldcliff Resource Corp. reports that, to date, Goldcliff has not experienced serious disruption to business functions as a result of the COVID-19 virus. Goldcliff has managed its business, including multiple exploration projects on multiple properties over two decades, without the use of a central office facility. The Company retains no full-time staff. All business functions are co-ordinated [...]
George Sanders, President of Goldcliff Resource Corp. reports that Goldcliff recently filed its Annual Audited Financial Statements and Management Discussion and Analysis. The MD&A contains a detailed and chronological account of the activities of the Company during this past, highly pivotal year. Of primary significance is the acquisition of the Nevada Rand gold property in Mineral County, Nevada, the financing of that [...]
George Sanders, President of Goldcliff Resource Corp. reports that drilling is underway at the Nevada Rand silver/gold project in Mineral County, Nevada. Goldcliff has an option from Ely Gold Royalties Inc. to earn a 100% interest in the Nevada Rand property by making staged payments of $250,000 US over four years. Between six and eight core holes will be drilled as part of an approximately 1000 metre maiden drill [...]
George Sanders, President of Goldcliff Resource Corp. reports that final preparations are being discussed with Goldcliff’s drill contractor for a maiden diamond drill program on the Nevada Rand silver/gold project, commencing in January. A “Notice to Conduct Mineral Exploration” was submitted to the BLM on December 3, 2019. Goldcliff has an option from Ely Gold Royalties Inc. to earn a 100% interest in [...]
George Sanders, President of Goldcliff Resource Corp. reports geologic consultants specialising in old mine workings have accessed, mapped and sampled the lower levels of the Nevada Rand shaft and the upper levels of the Number 2 shaft at the Lone Star mine. Additional sampling on the 250-foot level of the Nevada Rand shaft demonstrates the continuity of strong grade silver and gold mineralization. Sampling around old ore [...]
Goldcliff Resource Corp. is pleased to announce that the Company has completed a final closing of its previously announced Non-Brokered Private Placement of up to 4,000,000 Units at a price of $0.10 per Unit. With final closing on October 30, 2019, the Company issued 3,452,627 Units for gross proceeds of $345,262.70. Each Unit consists of one common share and one half of one common share purchase warrant. Each whole [...]
George Sanders, President of Goldcliff Resource Corp. reports that recent sampling of the upper levels of the Nevada Rand mine has demonstrated the presence of remaining high-grade silver and gold mineralization. Medium to bonanza grade mineralization was encountered on all levels sampled, with silver values running from 131 g/t to 1,415 g/t and gold values running from 2.45 g/t to 37.9 g/t. A three component, phase one [...]
Goldcliff Resource Corp. reports that it has entered into a Binding Letter of Intent with Lincoln Gold Mining Inc for the sale to Lincoln of the lease on the Wilson Patented Claims located in Lyon County, Nevada. The Wilson claims are part of the Pine Grove gold development project and were included in the Pine Grove Joint Venture between the two companies. Goldcliff will receive staged cash and share payments and retain [...]