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Goldcliff Resource Corporation: York-Viking Zone-Main Block-Gold Results

Posted on: Tuesday, 17 June 2008, 15:00 CDT

Leonard W. Saleken, Chairman of Goldcliff Resource Corporation (TSX VENTURE: GCN) is pleased to report that the 2007 York-Viking drilling results from the main portion of the York-Viking zone confirm that the gold mineralization is extensive, and that it contains multiple gold horizons. The assay results for the 10 final 2007 diamond drill holes establish that the York-Viking gold mineralization continues to expand on the Company's 100%-owned Panorama Ridge property, which is located near Hedley, B.C. The drilling results are highlighted by 15.00 metres of 1.02 grams per tonne gold containing 5.12 metres of 2.12 grams per tonne gold, with a high-grade value of 4.20 grams per tonne gold. With trenching starting in the Bonanza trench area, which contains the Bonanza gold horizon of 5.00 metres averaging 180.53 grams per tonne gold (high grade values of 596.00 grams per tonne gold), the 2008 exploration program is in progress.

Significant Gold Intersections

The Gold Mineralized Zone's (GMZ) significant gold intersections of plus one gram gold per tonne (g/t) are summarized as follows:

 Drill Holes        Gold g/t    Intersections (metres) DDH 27100              1.41                    12.00 DDH 27101              1.20                     6.90 DDH 27102              1.42                     8.12 DDH 27103              1.11                     4.60 

The GMZ's significant high-grade gold intervals (1.00 metre or greater) are summarized as follows:

 Drill Holes        GMZ Gold Zone           Gold (g/t) DDH 27100          Lower horizon                2.70 DDH 27101          Lower horizon                2.50 DDH 27102          Upper horizon                4.20 DDH 27103          Upper horizon                1.11 DDH 27104          Upper horizon                1.02 DDH 27105          Upper horizon                1.45 DDH 27107          Upper horizon                1.96 DDH 27108          Lower horizon                1.54 

Drill Hole Gold Zone Results

The 10 diamond drill holes were drilled in the main portion of the York-Viking zone from three site locations at different angles along the mine-grid sections. The significant gold intersections are summarized as follows:

 DDH (#)          From (m)     To (m)   Interval (m)    Au (g/t)   Gold Zone 27100               3.66      99.67          96.01        0.57    GMZ Upper horizon       3.66      22.66          19.00        1.02    Upper Includes           10.66      22.66          12.00        1.41    Upper Includes           17.03      20.03           3.00        1.90    Upper Includes           19.03      20.03           1.00        2.70    Upper Middle horizon     45.05      61.69          16.84        0.60    Middle Includes           52.05      59.05           7.00        1.02    Middle Includes           55.05      58.05           3.00        1.73    Middle Includes           56.05      57.05           1.00        2.31    Middle Lower horizon      65.80      71.80           6.00        0.71    Lower Includes           65.80      66.80           1.00        1.61    Lower 27101               3.66      78.64          74.98        0.69    GMZ Upper horizon       3.66      20.58          16.92        0.80    Upper Includes            6.49      16.26           9.77        1.01    Upper Includes            8.49       9.49           1.00        1.79    Upper Middle horizon     23.58      43.05          19.47        0.80    Middle Includes           23.58      35.43          11.85        1.04    Middle Includes           25.53      32.43           6.90        1.20    Middle Includes           25.53      27.65           2.12        2.10    Middle Lower horizon      48.05      64.48          16.43        0.80    Lower Includes           48.05      56.48           8.43        1.01    Lower Includes           48.05      52.48           4.43        1.50    Lower Includes           50.94      52.48           1.54        2.50    Lower 27102               3.66      47.85          44.19        0.73    GMZ Upper horizon       3.66      18.66          15.00        1.02    Upper Includes            6.21      14.33           8.12        1.42    Upper Includes            9.21      14.33           5.12        2.12    Upper Includes           10.21      13.21           3.00        3.17    Upper Includes           12.21      13.21           1.00        4.20    Upper Middle horizon     29.99      41.99          12.00        0.85    Middle Includes           33.99      38.99           5.00        1.00    Middle Includes           36.99      37.99           1.00        1.42    Middle 27103               3.66      99.67          96.01        0.31    GMZ Upper horizon       3.66      21.85          18.19        0.56    Upper Includes            4.66      19.20          14.54        0.70    Upper Includes            8.66      13.26           4.60        1.11    Upper Includes            8.66       9.66           1.00        2.88    Upper Middle horizon     26.85      45.87          19.02        0.57    Middle Includes           32.85      42.87          10.02        0.73    Middle Includes           32.85      33.85           1.00        1.16    Middle 27104               5.18      41.46          36.28        0.23    GMZ Upper horizon      27.27      39.36          12.09        0.41    Upper Includes           34.43      37.36           2.93        0.74    Upper Includes           34.43      35.43           1.00        1.02    Upper 27105              20.42      79.52          59.40        0.20    GMZ Upper horizon      25.47      33.51           8.04        0.51    Upper Includes           29.47      31.47           2.00        1.45    Upper 27106               4.57      69.00          64.43        0.20    GMZ Upper horizon      25.99      28.99           3.00        0.54    Upper Includes           25.99      26.99           1.00        0.73    Upper 27107               7.94      47.85          39.91        0.26    GMZ Upper horizon      26.80      41.99          15.19        0.40    Upper Includes           26.80      30.80           4.00        0.72    Upper Includes           26.80      27.80           1.00        1.96    Upper 27108               5.49      63.40          57.91        0.25    GMZ Upper horizon      15.82      31.48          15.66        0.51    Upper Includes           21.82      30.48           8.66        0.70    Upper Includes           23.82      28.36           4.54        0.91    Upper Includes           24.82      25.82           1.00        1.10    Upper Lower horizon      32.48      41.45           8.97        0.50    Lower Includes           35.48      39.94           4.46        0.73    Lower Includes           35.48      36.48           1.00        1.54    Lower 27109               5.49      51.20          45.71        0.27    GMZ Upper horizon      11.68      30.36          18.68        0.50    Upper Includes           19.69      22.69           3.00        0.72    Upper Includes           19.69      20.69           1.00        0.92    Upper 

Conclusions

The gold mineralization in the York-Viking zone continues to expand with the drilling. The extensive gold mineralization contains multiple gold horizons of potential economic grades. In the main portion of the York-Viking zone, the in-fill drilling intersected strong and consistent gold mineralization, with the GMZ ranging in gold values of 0.20 to 0.73g/t over 35 to 95 metre intersections.

The York-Viking gold zone is the largest of several gold zones discovered on the Panorama Ridge property. The Panorama Ridge property is located four kilometers east of the historic Nickel Plate-Mascot mines that once produced 2.5 million ounces of gold. The Panorama Ridge property was discovered in 2000 when Goldcliff prospected new logging road outcrops. The property has mine-related infrastructure and is readily accessed by roads. Goldcliff has identified multiple gold zones that have economic potential.

The Panorama Ridge property contains a large surface area of gold mineralization related to silica-iron alteration (skarn) in sedimentary rocks from the Hedley Formation of the Triassic Nicola Group. The gold mineralization is related to the skarn alteration and occurs over an area of approximately two square kilometres. Contained in the alteration area from northeast to southwest are the Nordic, York-Viking and Tower gold zones. These zones are separate entities occurring over a distance of approximately 1,000 metres. The trenching and drilling have narrowed the gap between the zones.

Eco Tech Laboratory Ltd. of Kamloops, B.C., an accredited laboratory, is conducting the sample preparation and analysis. All sample analysis is 30 gram fire assay-A.A. finish for gold and 28 multi-element ICP. The sample stream is subject to check analysis on repeat and re-split samples, and standards to maintain quality control. The drill core gold values are reported as weighted-average gold values in grams per tonne (g/t). The gold values are continuous over the core interval represented.

All of the assay results from the 2007 drill holes have been reported. The 2008 exploration work program is in progress, with trenching starting in the Bonanza trench area.

Leonard W. Saleken, PGeo, is the qualified person as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.

GOLDCLIFF RESOURCE CORPORATION

Leonard W. Saleken, PGeo, Chairman, CEO, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this news release, gcnnews2810.

 Contacts: Goldcliff Resource Corporation George W. Sanders President (250) 764-8879 or Toll Free: 1-866-769-4802 (604) 261-8994 (FAX) Email: sanders@goldcliff.com or info@goldcliff.com Website: www.goldcliff.com

SOURCE: Goldcliff Resource Corporation

Source: MARKET WIRE

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