Golden Goliath Reduces Number of REE Projects
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TSX.V:GNG
www.goldengoliath.com
Golden Goliath Reduces Number of REE Projects
Vancouver, March 7, 2025, Golden Goliath Resources Ltd. (TSX.V GNG )
(US: GGTH-F) (Frankfurt: GGZA)
Golden Goliath Resources announces that it has dropped the option on its Ernest REE
project in the Manicouagan area of Quebec. The Company has three other 100%
owned REE properties in the same region which it is maintaining, including the Victory
21 property which has similar work done and results. That includes preliminary mapping,
A radiometric survey and a drone mag survey with the magnetometer at 40 meter height
and 30 meter line spacing, with sampling every 0.4 meters.
Figure 1: Manicouagan REE Project Overview
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Golden Goliath’s Manicouagan Project now consists of three properties covering
anomalous Rare Earth Element occurrences just to the south of the Manicouagan
impact crater. Highway 389 splits the properties just north of the Robert Bourassa
hydro dam at Manic-5, 215 km north of Baie Comeau. The initial exploration program
on these properties consisted of geology and geochemistry as well as the ground
radiometric survey and Drone Mag survey completed on Victory 21.
All three properties are underlain by metamorphic and igneous units that are cut by
younger pegmatites. It is unclear if the anomalous REE values are associated with the
Manicouagan impact event.
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 (retired)
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.
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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
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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.