Drilling To Commence at La Reforma
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]
TSX.V:GNG
www.goldengoliath.com
Drilling To Commence at La Reforma
Vancouver, Canada, February 2, 2017 Golden Goliath Resources Ltd. (TSX.V GNG ) (US:
GGTH-F)
Drilling of Golden Goliath Resources Ltd.'s La Refo rma property is about to commence. La
Reforma is one of the seven properties that the com pany has under option to Desarrollos
Mineros El Aguila SA de CV, a wholly owned subsidiary of Fresnillo PLC, in the Uruachic mining
district in Chihuahua state, Mexico. After completi ng fieldwork during 2016, the company has
been advised by El Aguila that it will commence drilling on this property shortly.
The La Reforma property is adjacent to Golden Golia th's 100-per-cent-owned San Timoteo
property. Golden Goliath's 2016 fieldwork on San Ti moteo was encouraging, and the company
has designed a follow-up drill program for San Timoteo.
The 2016 program involved using the company's Terra spec machine to analyze clay minerals
from existing propertywide drill core and other sam ples, including samples from the area of the
500-level San Martin adit. That work showed that the level 5 tunnel at San Martin (the lowest old
working on the San Timoteo property), is above the bonanza zone, or paleo boiling level,
indicating greater potential at depth.
Previous detailed mapping and rock channel sampling within the level 5 tunnel revealed that
there are three mineralized shoots exposed within S an Martin. A zone of manto-style, or
blanket-style, mineralization was also identified in this area. The shoot closest to the entrance of
the 500-level tunnel is known as Manatial. This str ucture is exposed for 32 metres with a
weighted average of 0.301 part per million gold and 212 parts per million silver. In the central
area of the tunnel, the La Cascada structure is exp osed for 78 metres and averages 0.629 part
per million gold and 68 parts per million silver. A t the far end of the 500 level, the Pozo de Agua
structure is exposed for at least 84 metres, with c ontinuous channel sampling averaging 0.795
part per million gold and 251 parts per million silver. Additional non-continuous sampling outside
of this section also returned good values. The true thickness and grade of the blanket-
style/manto-style mineralization are not certain due to limited exposure.
Golden Goliath is very pleased with its option agreement with El Aguila and is encouraged that
the first of the optioned properties to be drilled by El Aguila is adjacent to San Timoteo.
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 Qualified Person for the Uruachic project is J. Paul Sorbara M.Sc., P.Geo. The
Company is focused on exploring and developing the gold and silver potential of an historic mining cam p
located in the world famous Sierra Madre Occidental Mountains of northwestern Mexico. Golden Goliath’s
Uruachic claims are owned 100% by the Company and a re fully paid for with no property option or
purchase payments to make.
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.