Posted in | Gold | Copper

Goldcliff Resource Corp Upbeat on Copper Mountain Potential

Goldcliff Resource Corporation is eager to commence ground exploration in the Copper Mountain region.

The company holds 20,503 hectares of land in the Tulameen region near Princeton in British Colombia. This is a combination of 56 mineral claims. The project property is an ideal geological setting for a copper gold mine.

The President of Goldcliff Resource Corporation, Mr George W Sanders said that a detailed review of historic databases combined with field work undertaken by the company confirm porphyry copper gold deposits in Copper Mountain district. A muti sensor airborne geological survey of the deposits has also provided encouraging data.

The most significant mineral occurrence in the district is the Copper Mountain Mine. The Copper Mountain mine project, located 15 kilometres southwest of Princeton, B.C., is owned by Copper Mountain Mining and Mitsubishi Materials Corp.

The Copper Mountain mine was an open-pit, porphyry copper mine that operated from 1972 to 1996 and produced 1.74 billion pounds of copper, 9.1 million ounces of silver and 730,000 ounces of gold.

The current resource is estimated at five billion pounds of copper at a cut-off grade of 0.15 per cent copper.

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