Golden Goliath Drone Magnetic Surveys at Manicouagan Project Completed
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TSX.V:GNG
www.goldengoliath.com
Golden Goliath Drone Magnetic Surveys at Manicouagan
Project Completed
Vancouver, December 19, 2023, Golden Goliath Resources Ltd. (TSX.V GNG ) (US:
GGTH-F) (Frankfurt: GGZ)
Golden Goliath Resources is pleased to report that the drone magnetic surveys on their
Ernest and Victory 21 REE properties near the Manicouagan impact crater in central
Quebec have now been completed. A report on the interpretation of the data will be
received after the holidays.
Golden Goliathʻs Manicouagan Project consists of four properties covering anomalous
Rare Earth Element occurrences just to the south of the Manicouagan impact crater.
The initial program focused on geology and geochemistry to identify the source of lake
sediment anomalies and to assess previous anomalous rock samples on all four
properties. In addition to this work, a ground radiometric survey was conducted on the
Ernest and Victory 21properties.
On the Ernest property the interpretation of the radiometric data identified 10 high
priority anomalies and another 30 anomalies of interest. On the Victory 21 property 14
high priority targets were identified with a further 9 anomalies of interest. In the report
Jean-M Hubert eng. notes that the anomalies of interest may be as significant as the
high priority anomalies but may be masked by overburden.
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Figure 1: Manicouagan Project
Golden Goliath then commissioned detailed drone magnetic surveys on both Ernest and
Victory 21 to outline the units responsible for the anomalous geophysics. In late spring
2024, the Company intends to conduct a trenching and stripping program to expose and
sample the anomalous units.
Golden Goliath CEO Paul Sorbara notes “This completes our first season of fieldwork
on our Manicouagan Project. Once the raw data has been processed we will have the
results interpreted in conjunction with the highly encouraging radiometric data we
collected in the late summer.” “I am confident that this will give us some excellent
targets for our stripping and sampling program in 2024.”
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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.
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
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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.