Advisory Board Member Passes
TSX.V:GNG
www.goldengoliath.com
Advisory Board Member Passes
Vancouver, October 15 , 2019 Golden Goliath Resources Ltd. (TSX.V GNG ) (US: GGTH-F)
The Company regrets to inform that a member of its Advisory Board,
Andreas Lichtblau MSc PGeo, has passed away. Mr Lichtblau visited the
Companies Kwai and SLF properties in the Red Lake area of Ontario
earlier this year. Several months later Andreas was diagnosed with acute
myeloid leukemia. He passed away earlier this month surrounded by his
loving family. Golden Goliath CEO Paul Sorbara said; “I have known
Andreas since we were geology classmates together at U of Toronto from
1972 to 1976. He was a top student and he always had my respect as a
scientist and as a fine person. He will be missed by all.”
After visiting the Companies Red Lake properties (Kwai and SLF),Andreas
wrote the following summary of the properties:
“The work to date by Laurentian Goldfields on the Kwai and SLF target
areas, (and the original Goldpines property itself), are essentially the first
steps, in a very underexplored area, in following up the recommendation of
Eleonore-style gold mineralization near the Subprovince boundary. The
Kwai and SLF targets remain viable areas for further exploration: much
more detailed surface work (geology, lithogeochem) needs to be done,
which includes IP and EM surveys to augment the detailed airborne Mag
completed by Laurentian Goldfields. “
Andreas continued to consult for the company from his hospital bed by
reviewing and commenting on data. After the completion of the Companys
IP surveys he stated: “That IP data [on Kwai] looks great ! ”
The Company then retained well know Geophysical Engineer and
consultant R.S. Middleton to analyze the IP results and make
recommendations. Mr. Middleton report stated:
“The Induced polarization survey of the Kwai Property in Red Lake has traced two
major shear Zones across the length of the grid for a 1.6 km distance and drill
holes at selected intervals will determine the presence of gold mineralization.
Shears are the main controlling structures for gold in the Red Lake Camp both at
the Goldcorp Red Lake Mine (former Arthur White Mine) and on new discoveries
such as the Great Bear Dixie Lake project immediately north to the Golden Goliath
Kwai property.”
“In some cases the low resistivity units are associated with negative chargeability
suggesting conductors which would be sheared argillitic sediments with some
graphite, however since those sediments are sheared the contact with the basalts
can also be sheared creating an excellent host for gold mineralization (carbonate-
sericite zones).”
“The high Chargeability zones are caused either by disseminated sulphides which
could be surrounding gold mineralization or be caused by pyrite in graphitic zones
adjacent to carbonate alteration zones. Proper cross section drill holes are
presented here to be certain the whole structure is tested to hit all aspects of the
“Contact “ area and hit both the Carbonate zones as well as the volcanics and any
sediments. Such a setting occurs on the Dixie Lake Property now held by Great
Bear Resources north of the Golden Goliath claims where a sharp contact of basalt
and sheared sericite schists demarks a gold bearing zone (See Great Bear
Resources web site for maps).”
“You are in Virgin territory! And you can have a whole new type of discovery
here. The gold bearing fluids are in the area and just need the right structure to
channel them.”
Mr. Middleton selected 10 possible drill hole sites on the Kwai property
based on his review of the Induced Polarization pseudo sections. The
Company intends to drill these excellent targets this winter.
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 www.goldengoliath.com.
FOR MORE INFORMATION CONTACT:
Golden Goliath Resources Ltd.
J. Paul Sorbara, M.Sc., P.Geo
President & CEO
Phone: +1(604) 682-2950 Email: [email protected]
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.