Golden Goliath Drill Holes Samples Out FOR Assay
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TSX.V:GNG
www.goldengoliath.com
GOLDEN GOLIATH DRILL HOLES SAMPLES OUT FOR ASSAY
Vancouver, December 13, 2022, Golden Goliath Resour ces Ltd. (TSX.V GNG ) (US: GGTH-F)
(Frankfurt: GGZ)
Golden Goliath Resources is pleased to announce tha t the core samples from the four
diamond holes recently completed at its 100% owned Wish Ore project, located 12 km
from the Trans-Canada Highway north of Sault Ste Ma rie, Ontario have now been sent
to the laboratory.
Holes W22-01, 03 and 04 were split with half the co re from each 1 meter interval sent
for analysis. As a result of the core shack fire re ported last week, hole W22-02 had to
be reassembled using the detailed logging, photographs, and core markings. Core from
86 of the 101, 1meter, intervals was positively ide ntified and sampled. In addition, a
total of 17 grab samples were collected from the unidentified core pieces.
Results from Hole W22-02 will be reported with the context of the fire and how the core
was re-assembled and sampled.
Geologist Matchellon Pinheiro working to re-assemble W22-02
The samples were sent to ALS labs for analysis for gold by 30g Fire Assay, and multi-
element ICP.
The purpose of this program was to do a preliminary drill test of the known showings to
get a better understanding of the mineralization, g eology, structure, and alteration
associated with the known gold values.
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Figure 1: Regional Map of Wish Ore Property
This preliminary drill program consisted of 4 diamo nd drill holes totaling 583 meters.
The program targeted the two main showings on the p roperty and IP chargeability with
coincident gold geochemical anomalies near the showings.
Figure 2: Wish Ore Property 2022 Drill Program
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W22-01 The hole was drilled for 201 meters, located ~130 meters to the northwest of
the New Zone. The drill hole targeted an IP chargea bility anomaly which is coincident
with anomalous gold, arsenic, and copper in soil.
W22-02 Was drilled for 101 meters targeting the New Zone trench that had returned
channel sample results of 4.28 gpt gold over 3 mete rs, including 1 meter of 9.05 gpt
gold within a larger area of anomalous gold results . The entire hole showed alteration
with quartz veining. A ~10 meter zone near the bott om of the hole with sulfides is
particularly interesting.
W22-03 This hole was drilled for 170 meters and located ~ 120 meters north of the
trench zone, targeted on an IP chargeability anomal y with coincident gold in soil
anomalies.
W22-04 Was drilled on the Trench Zone for 111 meters. The Trench zone is a broad
area of quartz carbonate alteration with anomalous gold values of up to 0.5 gpt over 2
meters. Alteration with quartz veining and sulfides are present throughout the hole, with
a 40 meter section with more intense silicification and sulfides.
Permitting is presently underway to allow for a pot ential winter geophysics program to
better refine the possible source of the mineralize d boulders along the trend north of
Crack Mouse Lake.
Figure 3: Wish Ore Main Gold Showings
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CEO Paul Sorbara stated, “We were lucky that no one got hurt and only 1 drill hole was
affected by the fire, and that the hole had already been logged and photographed in
detail and marked for sampling. The core looks encouraging.”
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.
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
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and expressly disclaims any intention or obligation , to update or revise any forward-looking
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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.