Goldcliff Discovers New Copper-Gold Targets at Copper Mountain
12 Novembre 2009 - 8:02PM
Marketwired
George Sanders, President of Goldcliff Resource Corporation (TSX
VENTURE: GCN), is pleased to report that several significant
copper-gold targets have been established on the Tulameen Project
claims. The target areas contain favourable geology, copper
showings, anomalous copper-gold stream sediment values and defined
airborne geophysical responses. Goldcliff's data interpretation of
the Copper Mountain district provides a powerful exploration
approach for new copper-gold discoveries in an established mining
district. The Goldcliff claim position on the Tulameen Project
involves 55 claims totalling 25,620 hectares. The large Tulameen
land position is owned 100 per cent by Goldcliff.
The total historic production (to 1993) in the Copper Mountain
camp is 1.7 billion pounds of copper, 8.4 million ounces of silver
and 0.62 million ounces of gold. On the Copper Mountain project,
Copper Mountain Mining Corporation reports a current resource
(2009) of 5.2 billion pounds of copper. In October, Copper Mountain
Mining Corporation and Mitsubishi Materials Corporation commenced
construction of mining facilities for preparation of production in
2011.
Goldcliff's exploration model on the Tulameen Project
incorporates both historic data and Goldcliff's exploration
results. Goldcliff's claims contain similar geology to the Copper
Mountain copper-gold deposits. The claim geology, combined with the
anomalous stream sediment values and the positive airborne
geophysical responses, have established several significant
copper-gold targets for ground exploration. The geological setting
of the Copper Mountain district's mineral deposits is complicated
by faulting and folding. Goldcliff intends to use modern
exploration technology to explore the claims at deeper levels for
copper-gold deposits.
Goldcliff's exploration model recognizes that the porphyry
copper-gold mineralization in the Copper Mountain district may
contain supergene-higher-grade copper mineralization as a blanket
over the primary copper-gold mineralization at depth. The Tertiary
Princeton Group is the cover that would preserve the supergene
copper mineralization from glaciation. The Tertiary Princeton Group
overlies the Triassic Nicola Group where the Copper Mountain
copper-gold deposits occur. The Copper Mountain deposits were
de-capped by glaciation and the supergene copper was removed. The
covered areas on Goldcliff's claims are the prime exploration
targets.
In British Columbia, supergene copper blankets were mined at
Craigmont (Merritt) and Afton (Kamloops). A new supergene blanket
discovery by Serengeti Resources Inc. is at the Kwanika property,
in north-central British Columbia, where the company reports (2009)
a resource estimate of 1.6 million ounces gold and 1.1 billion
pounds copper. In the southwestern United States porphyry copper
region, supergene blankets are common over the primary copper
orebodies because glaciation did not remove those blankets.
The Goldcliff claims have several surface copper-gold showings.
Because of modern deeper-exploration techniques that facilitate the
discovery of new mineral deposits at depth in established mining
camps, Goldcliff's claims are well-positioned for copper-gold
discoveries in the Copper Mountain district.
Leonard W. Saleken, PGeo (geologist), is the qualified persons
as defined by National Instrument 43-101 who supervised the
preparation and verification of the technical information in this
release.
GOLDCLIFF RESOURCE CORPORATION
George W. Sanders, President, Director
Neither TSX Venture Exchange nor its Regulation Service Provider
(as that term is defined in the policies of the TSX Venture
Exchange) accept responsibility for the adequacy or the accuracy of
this news release, gcnnews2912.
Contacts: Goldcliff Resource Corporation George W. Sanders
President, Director (250) 764-8879 or Toll Free: 1-866-769-4802
(604) 261-8994 (FAX) sanders@goldcliff.com or info@goldcliff.com
www.goldcliff.com
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