Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Mining Firm Discovers Possible Bulk Tonnage Target at Nevada Project
News Update

Share on Stocktwits


Goldcliff Resource also acquires 16 claims to expand its property there.

Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) made a new discovery of gold mineralization upon drilling at its Nevada Rand property in Nevada, it announced in a news release.

The broad zone of mineralization demonstrated gold grades between 0.18 and 1.19 grams per ton. The zone is located at a vertical depth of only 63.05 meters (63.06m) below surface and extends 6.4m. It is not vein related.

"Goldcliff's geologic team is highly encouraged by the disseminated nature of the mineralization," the release noted.

The British Columbia-based exploration company made the discovery in the winter drill program's last and wildcat hole, RD-7. The purpose of that hole was to test the Quartz Hill area of the property that contains a rare outcropping of quartz breccia. The Quartz Hill alteration is located about 200–700 meters to the northwest of the primary Nevada Rand workings.

Because the newly discovered mineralized zone extends beyond the property boundary into open territory, Goldcliff noted it recently finished staking 16 claims to cover the area and expand its Nevada Rand land package.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Goldcliff Resource Corp. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Goldcliff Resource Corp., a company mentioned in this article./p>

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe