Goldcliff identifies trench, drill targets at Ainsworth

Executive Summary

• Goldcliff Resource Corp. has advanced its 2025 exploration program at the Ainsworth silver project, defining a 1.1-kilometre north-south "Dellie-No. 1 corridor" with high-grade silver potential.
• The company submitted a five-year, area-based notice of work permit application in fall 2025, authorizing up to 2,250 metres of trenching, 13 diamond drill holes, and trail construction.
• Integrated geophysical, geochemical, and geological data suggests concealed mineralized zones analogous to historical high-grade silver production, with targets extending westward into newly mapped limestone units.

Key Details

• Project Location & Trend: The exploration defines a 1.1-kilometre north-south trend extending from north of the historic Dellie mine to south of the No. 1 mine, referred to as the Dellie-No. 1 corridor.
• Historical Context: The corridor hosts past high-grade silver production and was largely untested using modern exploration methods prior to this program.
• Permit Application: A five-year, area-based notice of work permit application was submitted in fall 2025.
  • Scope: Covers trenching and drilling within the Dellie-No. 1 corridor.
  • Authorized Work: Up to 2,250 metres of trenching, 13 diamond drill holes, and construction/refurbishment of access trails over the permit term.
• 2026 Field Season Planning:
  • Approximately 1,500 metres of trenching.
  • Preparation of seven drill sites.
  • Initial diamond drilling.
  • Results will guide prioritization and sequencing for the remaining four years of the permit.
• Geological Interpretation:
  • Concealed mineralized zones or lenses are interpreted to range from approximately 50 to 150 metres in length.
  • These pods are believed to repeat at multiple intervals along the corridor and potentially extend westward into newly mapped limestone units.
  • Historical data shows a close spatial relationship between shear zones and mineralized lenses.
  • Recent geophysical surveys identified conductive trends interpreted as shear zones within favourable, buried limestone horizons, forming the basis for current trench and drill targeting.
• Technical Oversight: Ed Rockel, PGeo, a company director and non-independent qualified person under National Instrument 43-101, supervised the preparation and verification of the technical information.