Goldcliff drills 20.06 m of 1.03 g/t Au at Panorama

2008-05-14 13:14 ET - News Release

Mr. Leonard Saleken reports

YORK-VIKING DRILLING EXTENDS GOLD ZONE

Goldcliff Resource Corp.'s 2007 York-Viking drilling results have extended the gold mineralization at depth and expanded the zone to the northeast. The assay results for the first eight 2007 diamond drill holes confirm that the York-Viking gold mineralization continues to expand on the company's 100-per-cent-owned Panorama Ridge property near Hedley, B.C. The drill results are highlighted by 20.06 metres containing 1.03 grams per tonne gold, which include nine metres containing 2.03 grams per tonne gold (g/t). High-grade gold valves of 10.60 and 13.30 grams per tonne gold have been intersected. These initial drill results confirm continuity of good-grade gold mineralization and expand the drilled boundaries of the York-Viking zone. The gold mineralization and gold values are consistent with all of the previously reported gold assay results within the zone.

This York-Viking drilling confirms that the gold mineralized zone (GMZ) is extensive, continuous and consistent with the previous results. The surface and drilling gold values confirm that the gold mineralized zone (GMZ plus 0.20 g/t gold) contains multiple gold horizons. The gold mineralization at the York-Viking zone is geologically similar to the gold horizons or gold beds at the historical Nickel Plate-Mascot gold mine. Significant intersections of plus one gram gold include the following: