2021 Exploration
The angular nature and abundance of mineralized boulders in the clear cut indicated nearby bedrock sources and prompted Goldcliff to conduct a trenching programme in the early spring of 2021. The absence of similar quartz-carbonate in the trenches led to prospecting further upslope and westerly. This resulted in the discovery of an Au-Ag mineralized quartz-carbonate breccia zone (DR21-01; 736 ppb Au, 41.7 ppm Ag) along a steep, west dipping fault in rhyolitic volcanics. Prospecting and sampling southerly along the base of small to large cliffs traced quartz-carbonate, breccias, quartz-amethyst and stockwork veining for 700 metres along what is now referred to as the Cliff Zone. Near the southern part of the zone quartz-amethyst breccias uphill and westerly indicate potential widths of several tens of metres.
In early July, a Phase 2 follow-up programme of detailed grid soil and rock sampling was conducted over the Cliff Zone along with wider coverage sediment sampling. Sampling was highly successful and revealed anomalous Au, Ag in soil and rock samples further west than previously known. A case in point is rock sample DS21-20R, consisting of silicified and brecciated rock fragments, taken from an anomalous soil sample site, that yielded 1,794 ppb Au and 93.16 ppm Ag. This sample is significant in that it; 1) consists of very angular, near in situ quartz-carbonate rock and 2) is among the higher Au-Ag values to date and 3) is nearly 100 metres west of discovery sample DR21-01. This infers that the Cliff Zone may be part of a wide, north-south trending, mineralized structural "corridor". Stream sediment sampling identified anomalous precious metal and pathfinder elements that suggest significant mineral potential in the western portion of the property within this north-south mineralized structural corridor.
The encouraging results of the July sampling programme led to a mid-October programme consisting of expanded, detailed soil and rock geochemical sampling. In all, the 2021 exploration programs resulted in the collection of 126 rock, 53 trench, 446 soil and 32 stream sediment samples. Quartz veins, stockwork veining, breccias and quartz-carbonate were found in granitic rocks proximal to a major fault zone up to 200m northerly of sample DR21-20R. This new area is very significant as it represents a previously unrecognized geological setting and further expands the property's exploration potential.
The most recent programme yielded additional strong Au-Ag grades in rock and significant soil Au-Ag anomalies. Highlighting these results is bedrock sample KV21-35 that assayed 2.62 g/t Au and 181 g/t Ag collected slightly upslope from float sample DS21-20R (1.79 g/t Au and 93 g/t Ag). Many of the better grade rock samples occur in strongly brecciated, silicified rhyolitic volcanics and granitic rocks all heavily quartz veined and carbonate altered.
The KVG project has in one field season emerged as a robust, large epithermal system. This along with excellent all weather road access, low elevation and favourable climate will allow the Company to conduct a maiden drilling programmeA in early 2022.
