Vancouver, December 9, 2022, Golden Goliath Resources Ltd. (TSX.V GNG ) (US: GGTH-F) (Frankfurt: GGZ)
Golden Goliath reports today that an overnight fire that started on a neighboring property has destroyed the core logging facility the company was using for our preliminary drill program on our 100% owned Wish Ore project north of Sault Ste Marie, Ontario.
No one was at either of the properties when the fire started, and Golden Goliath is thankful that no one was injured.
Figure 1: Regional Map of Wish Ore Property
Figure 2: Fire completely consumes core processing facility
The core from W22-02 had been logged and photographed. However, the core was in core racks within the facility at the time of the fire. The core racks and core boxes were destroyed. Golden Goliath has been able to recover the core and has brought it to a facility in Sudbury, where our team are working to reassemble the drill hole from the logs and photographs.
Figure 3: Section of W22-02 Photographed and logged before fire
The other three holes on the program were not in the core facility and were unaffected by the fire.
Company CEO Paul Sorbara commented, “We are very thankful that no one was injured in the fire and that we had finished logging and photographing W22-02 prior to the fire. While any results from that hole will have an asterisk beside them; due to the nature of the hole as a preliminary test, I am sure we will be able to reassemble enough of the hole to be confident of the results.“
This news release has been reviewed by Gordon MacKay, P.Geo., who is acting as QP under the NI 43-101 requirements.
On behalf of the Board of Directors
Paul Sorbara, MSc, PGeo
CEO, Golden Goliath Resources Ltd.
About Golden Goliath
Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG). 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.
To find out more about Golden Goliath visit our website at www.goldengoliath.com.
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FOR MORE INFORMATION CONTACT:
Golden Goliath Resources Ltd.
J. Paul Sorbara, M.Sc., P.Geo
President & CEO
Phone: +1(604) 682-2950 Email: firstname.lastname@example.org
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