- Goldcliffe Resource (GCN) has started a trench sampling program at the company’s Kettle Valley Gold project
- Excavation of trenches began April 28, with nine trenches dug to date
- The Kettle Valley Gold project is located near Rock Creek, British Columbia
- Goldcliff has an option to earn a 100 per cent interest in the newly recognized epithermal mineral occurrence
- Goldcliffe Resource Corporation is up 5.56 per cent on the day, with shares of the company trading at C$0.95 at 2:59 pm ET
Goldcliffe Resource (GCN) has started a trench sampling program at the company’s Kettle Valley Gold project.
Excavation of trenches began April 28, with nine trenches dug to date.
Several test pits have also been constructed.
Trench excavation was completed on May 4. Bedrock mapping and sampling is on-going. Prospecting, mapping, and detailed rock sampling of the cliff areas above the trenches will soon be undertaken.
The Kettle Valley Gold project is located near Rock Creek, British Columbia.
Goldcliff has an option to earn a 100 per cent interest in the newly recognized epithermal mineral occurrence.
The property is located on the west side of the Rock Creek graben, a major north-south regional structure.
The area of interest is in a recent clear cut on a hillside. Trenches commenced as high as possible and were excavated down the slope of the hill. Rock exposures on a cliff face above the cut-block show extensive alteration and silicification and are thought to be the source of much of the mineralized float.
The Kettle Valley Gold project is a newly recognized precious metals occurrence. The company has found no evidence of previous staking, prospect pits, trenches or drill pads. Already observed in just a few days of field work is quartz-carbonate veining and silicification in several rock units. Significant structural preparation and fracturing is also evident. Rock exposed to date display some of the characteristics of the abundant mineralized float material; quartz-carbonate veining, multiple episodes of veining and stockwork, adularia, and bladed calcite.
Goldcliffe Resource Corporation is up 5.56 per cent on the day, with shares of the company trading at C$0.95 at 2:59 pm ET.