Golden Goliath Field Crew Moves to Red Lake from Wish Ore property
Vancouver, June 20, 2019; Golden Goliath Resources Ltd. (TSX.V GNG ) (US: GGTH-F)
The Company is pleased to announce that its technical team has now completed the initial ground assessment of the company’s new Wish Ore prospect in the Batchewana Greenstone Belt north of Sault Ste Marie Ontario. They have established the proper location for the exploration grids needed for geophysics and detailed grid geochemistry on the Wish Ore property and has conducted preliminary channel sampling of some of the showings. Line cutting will begin as soon as possible.
The team confirmed the extensive quartz iron carbonate alteration in the Trench Zone with samples across 14 meters of exposure in the west end to 2 meters sampled 180 meters to the east. Sampling was limited by existing exposure and what could revealed with hand tools. All exposures were open in all directions. Two parallel areas of alteration and quartz veining were also identified north and south of the main alteration zone.
At the New Zone 3 km along trend to the south west sampling was completed across the outcrop that had returned 25.57 gpt in a grab sample. Channel sampling identified a 1 meter section of intense silicification with disseminated chalcopyrite and pyrrhotite within a 4 meter section of quartz iron carbonate alteration.
Approximately 100 meters to the south a similar vein was identified and sampled in outcrop parallel to the New Zone.
The next phase of work on Wish Ore will involve detailed geophysics across the mineralized zones to trace them to the east and west and pick up the parallel zones that the team discovered, as well as geological mapping, prospecting and geochemistry.
The crew has now moved to the Red Lake area to do similar work on kwai and SLF properties which lie on the south side of the Great Bear Resources properties.
Work will continue throughout the summer on all three properties and regular updates will be provided. This work is expected to delineate drill targets for the next stage of exploration, which the Company expects will occur in the late summer or Fall.
About Golden Goliath
Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG). The Qualified Person (“QP”)for the information regarding Ontario properties is J. Paul Sorbara M.Sc., P.Geo. The QP has approved the scientific and technical disclosure in the news release.
The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company also holds a 100% interest in the San Timoteo property, located in the Sierra Madre Occidental Mountains of northwestern Mexico, as well as NSR royalties on several other nearby properties, and 100% of the La Cruz property, also in Chihuahua.
To find out more about Golden Goliath visit our website at .
FOR MORE INFORMATION CONTACT:
Golden Goliath Resources Ltd.
J. Paul Sorbara, M.Sc., P.Geo
President & CEO
Phone: +1(604) 682-2950 Email: email@example.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.