Golden Goliath Resources Ltd.

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 to the South Dixie road has been completed and will be plowed immediately [...]

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 will entitle the holder to purchase an additional common share at a price of [...]

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 collared on the South Trend of the West Grid and two of those holes reached [...]

Golden Goliath Resources Ltd. is pleased to announce that the new road that will allow proper access to the East and Central Grid areas of it's the Kwai property has now been completed. This was accomplished in partnership with the local forest management company taking advantage of their expertise and access requirements. The new access road turns off the main Dixie Lake Road and leads to the central part of the Kwai [...]

Golden Goliath Resources Ltd. Golden Goliath Resources has completed four drill holes on the southern trend of IP anomalies on the West Grid of its Kwai Project. These four holes have discovered a large cross section over 400m wide of Uchi basalt and porphyry rocks originally thought to be English River metasediments and gneisses. This discovery is significant in that the Uchi rocks are the main hosts for the Red Lake [...]

Golden Goliath Resources Ltd. has completed the first 14 drill holes of a 6,000m drill program on its Kwai property in the Red Lake mining district. The 14 holes completed to date on the West Grid total 3527 metres. The program is fully funded and the Company will still have sufficient working capital to increase the drill meterage. Of those holes, 10 were drilled on the "Northern Trend" of IP anomalies along the main [...]

- Large section of Uchi volcanics incorporated into English River Sub Province Package - Altered porphyry and basalt with disseminated pyrite zones and quartz intersected Golden Goliath Resources Ltd. The focus of the ongoing drill program on the west grid has moved from the northern trend of IP anomalies along the interpreted trend of the Pakwash Fault to the southern trend of IP anomalies and shear zones as announced in [...]

Golden Goliath Resources has extended mineralization and alteration zones on the north side of the West Grid an additional 380m eastward along the Pakwash Fault by completing drill holes K20-08, 09, and 10. The extensive quartz vein system that was intersected has been split and sent for assay. Samples have now been sent to more than one lab in an attempt to improve turn-around time for results. The host package of basalt [...]

Hole K20-08 hits two mineralized quartz stockwork zones 59 and 73m core length Golden Goliath Resources Ltd. continues to discover new zones of mineralization along the Pakwash Fault as exploration continues following this structural trend to the east. These new extensive quartz stockwork zones were not seen in earlier work to the west. Hole K20-08, which was drilled to the south, was completed to 207m from a point 200m [...]

- New silicified zone discovered trending eastward - Drilling on south margin of Uchi Formation to begin Golden Goliath Resources Ltd. has now completed drill hole K20-07 on line 400W, which is located 200m east of K20-03, and 600m west of K20-06. Hole K20-07 has intersected sheared tuffaceous rocks, intermixed with sheared porphyry and porphyry dikes containing wide zones of disseminated sulphide mineralization. This [...]