New Gold Discovery At Pandrama Ridge
VANCOUVER, BC - George W. Sanders, President of Goldcliff Resource Corporation (GCN.TSXV), is pleased to report a new drill discovery of disseminated gold mineralization in the Thor zone on the Panorama Ridge gold property. The
Thor showing is centrally located between the York-Viking and Nordic gold zones on a southwest to northeast trend of gold mineralization along the crest of Panorama Ridge. This drilling followed up Trench SP165 (excavated in 2007), which established surface gold mineralization over 69.80 metres grading 0.56 gold per tonne, including 1.01 grams per tonne gold over 31.50 metres. The recently received drill results are from 8 holes drilled during 2008 from the area of Trench SP165. The holes were drilled in a fan pattern from one set-up. Drill values range from 96.62 metres of 0.22 grams per tonne gold to 7.36 metres of 1.03 grams per tonne gold and include 1.36 metres of 6.35 grams per tonne gold. The Panorama Ridge Gold property is 100 per cent-owned by the Company and is located near Hedley, British Columbia, Canada. These are the first holes drilled in the Thor zone, and they establish an important continuity of gold mineralization along the 1000 metres of trend from the Tower and York-Viking zones (in the southwest) to the Nordic zone (in the northeast). Much more drilling will be required in the Thor zone in order to better determine the geometry of the Gold Mineralized Zone (GMZ) in this area. The company's address is Suite 920 - 470 Granville Street Vancouver, BC V6C 1V5, (604)685-5685, fax: (604) 261-8994, email: [email protected].