Assessment Work at San Timoteo Completed
Corporate Office – Canada Corporate Office – Mexico
Suite 711 675 West Hastings Street, Vancouver, BC Minera Delta S.A. de C.V.
V6B-1N2, Canada C. Juan Felipe Orozco #516
Tel: (604) 682-2950 Col. San Felipe 31240 Chihuahua, Chih.
Fax: (604) 685-3764 Tel and Fax: (011 52) 614 414 6226
Email: [email protected] Email: [email protected]
TSX.V:GNG
www.goldengoliath.com
Assessment Work at San Timoteo Completed
Vancouver, April 15, 2019, Golden Goliath Resources Ltd (TSX.V GNG ) (US: GGTH-F)
The Company is pleased to announce that it has been able to complete the 2019
assessment work required by the Mexican government on its 100% owned San Timoteo
property in Chihuahua Mexico. In December 2018 the Companyʻs Board to suspend
sending personnel or contractors to the property for security reasons.
The assessment requirement for 2019 is approximately $19,000.00 Canadian dollars.
The work completed was the dewatering and cleaning of the number 5 level tunnel (also
known as San Martin) along with the widening of the tunnel in certain locations. The
work was conducted by locals living in the village of Uruachic, headed by the local
prospector who worked for the Company for many years. No outside contractors were
employed and there were no security problems.
“This work would be required before any underground drilling could take place should
the security situation change, and if the Company should decide to sell or option the
property the work would sti ll be needed to allow interested parties access to the tunnel
and the known mineralized zones exposed within it” says Golden Goliath CEO Paul
Sorbara, “We are pleased with this development”.
The Company is now focused on exploring its properties in Ontario, but also has
operations in Mexico, through its wholly owned and funded Mexican Subsidiary , Minera
Delta S.A. de C.V., the Company will continue to own 100% of its San Timoteo property
in Chihuahua and the net smelter royalties from the 7 recently opti oned properties, as
well as the La Cruz property, which lies in another area of the State.
About Golden Goliath
Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange
(symbol GNG). The Qualified Person for the information regarding Ontario properties is J. Paul Sorbara
M.Sc., P.Geo. 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% inter est 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.
Corporate Office – Canada Corporate Office – Mexico
Suite 711 675 West Hastings Street, Vancouver, BC Minera Delta S.A. de C.V.
V6B-1N2, Canada C. Juan Felipe Orozco #516
Tel: (604) 682-2950 Col. San Felipe 31240 Chihuahua, Chih.
Fax: (604) 685-3764 Tel and Fax: (011 52) 614 414 6226
Email: [email protected] Email: [email protected]
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 Ventur e 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.