Golden Goliath Commences NEXT Phase of Exploration at Wish ORE Property
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TSX.V:GNG
www.goldengoliath.com
GOLDEN GOLIATH COMMENCES NEXT PHASE OF EXPLORATION
AT WISH ORE PROPERTY
Vancouver, November 14, 2022, Golden Goliath Resources Ltd. (TSX.V GNG ) (US: GGTH-F)
(Frankfurt: GGZ)
Golden Goliath Resources is pleased to announce that the preparatory work for the
preliminary drilling has been completed on its 100% owned Wish Ore project, located 12
km from the Trans-Canada Highway north of Sault Ste Marie, Ontario. The drill and
crew arrive on site today.
The purpose of this program is to do a preliminary drill test of the known showings to get
a better understanding of the mineralization, geology, structure, and alteration
associated with the known gold values. The access and drill pads have been prepared.
Figure 1: Regional Map of Wish Ore Property
As we continue to refine the preliminary drill program the project will now consist of 4
drill holes totaling approximately 600m. The program will target the two main showings
on the property and IP chargeability with coincident gold geochemical anomalies near
the showings.
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Figure 2: Wish Ore Property 2022 Drill Program
Target 1 will focus on the New Zone trench that returned channel sample results of
4.28 gpt gold over 3 meters, including 1 meter of 9.05 gpt gold within a larger area of
anomalous gold results.
Target 2 ~130 meters to the north, will target an IP chargeability anomaly which is
coincident with anomalous gold, arsenic, and copper in soil.
Target 3 will focus on the Trench Zone, a broad area of quartz carbonate alteration
with anomalous gold values of up to 0.5 gpt over 2 meters.
Target 4 ~120 meters north of the trench zone, will focus on an IP chargeability
anomaly with coincident gold in soil anomalies.
Permitting is presently underway to allow for a potential winter geophysics program to
better refine the possible source of the mineralized boulders along the trend north of
Crack Mouse Lake.
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Figure 3: Wish Ore Main Gold Showings
CEO Paul Sorbara stated, “I am on my way to the project today. This is an intriguing
property with a lot of good structure and alteration over a large area with good gold
values on surface. Our strategy now is to learn what we can about the known areas of
significant mineralization and then use that information to build our plan to test the
impressive potential of this property.”
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.
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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.
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 acquisitions 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”, “estimate”, “think”, “continue”, “should”, “will”, “could”,
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forward-looking statements are based on certain assumptions and analyses made by
management in light of their experiences and their perception of historical trends, current
conditions and expected future developments, as well as other factors they believe are
appropriate in the circumstances. These statements are subject to risks, uncertainties and
assumptions, including those mentioned in the Company’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 Company 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 upon 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-looking 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 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.