Golden Goliath Phase 1 Exploration at Wish ORE Property is Completed
Corporate Office – Canada Corporate Office – Mexico
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TSX.V:GNG
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GOLDEN GOLIATH PHASE 1 EXPLORATION AT WISH ORE
PROPERTY IS COMPLETED
Vancouver, June 7, 2022, Golden Goliath Resources L td. (TSX.V GNG ) (US: GGTH-F) (Frankfurt:
GGZ)
Golden Goliath Resources is pleased to announce the completion of the 2022 Phase 1
work program on their100% owned Wish Ore property. The program of prospecting and
geological mapping provided the follow up to the 2021 airborne geophysical survey that
outlined 19 Areas of Interest (AOI ʻs) (see NR Jan. 10, 2022).
Figure 1: Areas of Interest with Qtz carbonate zones on image of VLF Amplitude (Cutler, Maine) from
Terraquest Survey Ltd.
All of the high priority targets were covered in the current phase 1 work.. On the west grid the
Phase 1 program extended the iron carbonate alteration package within the area of high strain
east of the New Zone to the area of AOI 8. Numerous outcrops of Iron Quartz Carbonate were
sampled. On the east grid the program extended the alteration package 500 meters along
strike to the east between the Trench zone and anomaly 4. Locally intense iron carbonate
alteration with extensive quartz veining with up to 5% pyrite and chalcopyrite was mapped and
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: danielnosfriet [email protected]
sampled along the trend. Northwest of the West Grid prospecting and mapping identified
alteration and quartz veining in disrupted Iron Formation in close proximity to Iron Carbonate
altered intermediate volcanics.
The work has allowed Francois Berniolles, P.Geo. to update the geological and structural
interpretation for the property, reflected in Figure 2. All samples have been sent for analysis
with results expected in 4 to 6 weeks.
Figure 2: Geological Interpretation Phase I update
Golden Goliath CEO Paul Sorbara said, “This program has been a
success, we made new discoveries of mineralized outcrops and confirmed
the continuity of the structure and alteration. We are now developing our
Phase 2 program, which will be finalized when we have reviewed the
assay results from our Phase 1 program.”
This news release has been reviewed by Gordon MacKa y, 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.
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: danielnosfriet [email protected]
About Golden Goliath
Golden Goliath Resources Ltd. is a junior explorati on company listed on the TSX Venture
Exchange (symbol GNG). The Company is focused on ex ploring and developing the gold and
silver potential of properties in the Red Lake Dist rict 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 .
Cautionary Statements Regarding Forward Looking Information
Certain statements included herein may constitute “ forward-looking statements”. All statements
included in this press release that address future events, conditions or results, including in
connection with exploration activity, future acquis itions and any financing, are forward-looking
statements. These forward-looking statements can be identified by the use of words such as
“may”, “must”, “plan”, “believe”, “expect”, “estima te”, “think”, “continue”, “should”, “will”, “could” ,
“intend”, “anticipate” or “future” or the negative forms thereof or similar variations. These
forward-looking statements are based on certain ass umptions and analyses made by
management in light of their experiences and their perception of historical trends, current
conditions and expected future developments, as wel l as other factors they believe are
appropriate in the circumstances. These statements are subject to risks, uncertainties and
assumptions, including those mentioned in the Compa ny’s continuous disclosure documents,
which can be found under its profile on SEDAR ( www.sedar.com ). Many of such risks and
uncertainties are outside the control of the Compan y and could cause actual results to differ
materially from those expressed or implied by such forward-looking statements. In making such
forward-looking statements, management has relied u pon a number of material factors and
assumptions, on the basis of currently available information, for which there is no insurance that
such information will prove accurate. All forward-l ooking statements are expressly qualified in
their entirety by the cautionary statements set forth above. The Company is under no obligation,
and expressly disclaims any intention or obligation , to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise, except as
expressly required by applicable law.
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 Ser vices Provider (as that term is defined in
the policies of the TSX Venture Exchange ) accepts responsibility for the adequacy or accura cy of this
release.