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Goldcliff (TSXV:GCN) completes airborne geophysics at Ainsworth silver project

Mining
TSXV:GCN
28 July 2021 16:00 (EDT)

Source: Goldcliff Resource Corp.

Goldcliff Resource Corporation (GCN) has completed a 500-kilometre airborne survey at its Ainsworth silver project in BC.

The survey was conducted by Precision GeoSurveys, a mining consultant based in British Columbia. For the survey, Precision collected high-resolution aeromagnetic, radiometric, and very-low-frequency electromagnetic (VLF-EM) data.

Goldcliff has now dispatched field crews to conduct follow-up sampling and prospecting across the property after preliminary sampling last fall confirmed high-grade mineralization at the No. 1 and Silver Hoard mines.

The No. 1 mine was the largest silver producer in the Ainsworth camp. The British Columbia Minfile records report a recovered grade of 49.6 oz per ton silver at the No. 1 mine.

The Silver Hoard is located 800 metres north of the No. 1. The historically recorded grade at Silver Hoard was just over 101 oz per ton silver.

Goldcliff’s Ainsworth Silver property is located in the Ainsworth Silver Camp within the Kootenay Mining District in British Columbia. The property covers 1,772 hectares over three claim blocks.

Goldcliff Resource Corporation is a Canadian mining company engaged in the acquisition, exploration, evaluation, and development of mineral assets in the United States and Canada.

The company’s projects include the Panorama Ridge gold project, Pine Grove project, Ainsworth Silver property, Rand Property, Kettle Valley Property, and Aurora West Property.

Goldcliff Resource Corporation (GCN) is down 5.88 per cent, trading at $0.08 per share as of 2:56 pm ET.

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