Golden Goliath Resources Ltd. is pleased to announce that it has completed the terms of the option agreement for acquisition of the Wish Ore property signed in April of 2019. The Company now holds a 100% interest in the property subject to a NSR of 1.5% which the company can reduce to 0.75% with a payment of $500,000,00 to the vendors. The Company [...]
Golden Goliath Resources Ltd. Recent drilling with holes K21-22 & 23 has discovered felsic volcanics that are altered and sheared parallel to a VMS massive sulphide zone. These rocks have never been seen before along the Pakwash Fault and occur in an unexplored section of the Fault along the north shore of Beauregard Lake, in the east bay. The [...]
Golden Goliath Resources Ltd. Golden Goliath has now drilled five different sectors of this 10 km long Kwai property testing different types of shears and faults that parallel the Pakwash Fault. These areas represent possible sources of gold grains found in the glacial till across the property. The last two areas that were drilled involved 5 holes [...]
Golden Goliath Resources Ltd. continues to drill the large IP anomaly on the north shore of Beauregard Lake called the whale anomaly, with drill hole K21-23 being completed on line 2000E to a depth of 152m. A 3m core length of massive and bedded sulphides was intersected with pyrite, minor chalcopyrite and pyrrhotite. This intersection is at the [...]
Golden Goliath Resources Ltd. Golden Goliath Resources is pleased to report that drilling of a new IP trend, partially generated by the survey on the frozen lake, has now been completed. Five holes have traced a sericite alteration zone with sections of intense silicification and sulphide content over 20%, for a 1.2 km distance between lines 1200E [...]
Golden Goliath Resources is pleased to report that the IP survey run from the frozen surface of Beauregard Lake has now been completed after experiencing delays due to -40 C temperatures. A new set of IP anomalies has been discovered along the north edge of the lake following the Pakwash Fault trend. These are stronger than all previous anomalies [...]
Golden Goliath Resources Ltd. Golden Goliath Resources has been carrying out a number of exploration approaches on the Kwai property in Red Lake this winter. This includes IP surveys on the ice of Beauregard Lake, lake sediment sampling of the lake bottom and drilling east of the lake on the strongest IP anomalies found to date on the property [...]
Golden Goliath Resources Ltd. has now resumed drilling on its Kwai property in the Red Lake District, northwest Ontario. The drill is currently completing the first hole of the 2021 session, which is the 15th hole of the entire program. This drill hole , located on Line 4900E , is one of many that will test the strongest IP anomalies on the East [...]
Golden Goliath Resources Ltd. is about to resume the diamond drilling program on its Kwai property in order to test the strongest IP anomalies on the East Grid as well as many others along the Pakwash Fault, all within the 10 km property covering the Pakwash structure. The drill is now en route to the project and is scheduled to arrive on January [...]
Golden Goliath Resources Ltd. is pleased to announce the resumption of exploration on its Kwai project in the Red Lake district of Ontario. The Kwai project covers a 10 km section of the Pakwash fault south of Red Lake, adjoining the Dixie Lake area currently being explored by Great Bear Resources and BTU Metals. A new road that links the East Grid [...]
Golden Goliath Resources Ltd. is very pleased to announce that the first tranche of the recently announced private placement has closed. The financing consists of a combination of flow-through units priced at $0.15 with a half warrant priced at $0.25 and non flow-through units priced at $0.12 with a full warrant priced at $0.25. Each full warrant [...]
Golden Goliath Resources Ltd. has received all of the multi element analysis for 41 elements obtained in 11 drill holes that have penetrated the Pakwash Fault on the west grid. Additional data is still being generated from three holes on the south trend of IP anomalies and a parallel fault structure to the south. A total of four holes have been [...]