New Geological Setting Discovered East of Beauregard Lake on Pakwash Silicified Sediments Similar to Dixie Property Discovered Next to Basalt Marker Intense Albite Alteration Overprints All Previous Textures Golden Goliath Resources Ltd. Golden Goliath Resources is pleased to update the progress made during the second and third phases of the drill program on the Kwai property, which commenced in early July. Phase 1 of the [...]
Golden Goliath Resources Ltd. Golden Goliath Resources is pleased to announce the drill is now being mobilized to carry out a 3,000 m drill program on the Kwai Property located in the Red Lake mining district. The drill is on route to the property today and should start coring on July 9 or 10. The program will start with 6 holes on the IP anomaly trend on the south side of Beauregard Lake, where hole K-21-21 intersected [...]
Golden Goliath Resources Ltd. Golden Goliath Resources is pleased to announce that it has now signed a diamond drilling contract with Niigaani Drilling Ltd for the continuation of the drill program at the Kwai property in the Red Lake District of Ontario. At least 3,000m of drilling is planned with an approximate start date of July 10. Drilling is currently planned to start on the peninsula near the south-shore of [...]
Golden Goliath Resources Ltd. Golden Goliath Resources received the final assays for 5 drill holes that were drilled along the south shore of Beauregard lake during the week of May 10. The holes were designed to test an IP anomaly found during the lake IP survey conducted earlier this year. Results for the drill holes on the north side of the lake, designed to test the Whale anomaly are not yet complete. Figure 1: Red [...]
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 has now signed contracts with Terraquest Ltd to conduct an Airborne Mag and [...]
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 Misse a la masse geophysical survey, which involves dropping probes down 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, on the south shore of Beauregard Lake that tested IP anomalies generated [...]
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 same depth as the sulphide zone in drill hole K21-22 at 120-124m, or 60m [...]
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 and 2400E. Some of this anomaly trend is on land and some sections are [...]
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. They sit in a unique resistivity setting totally different than any [...]
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. Although the IP survey on the lake ice is not yet completed, one of the newest [...]
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 Grid, which lie just south of the Pakwash Fault. Figure 1: Red Lake District [...]