Golden Goliath Resources Ltd. Update: Golden Goliath Resources Ltd. is continuing to drill on the West Grid of the Kwai property south of Red Lake with the purpose of locating and defining the source of gold grains found in the glacial till along a major structure called the Pakwash Fault. The Property covers a 10 km section of this deep-seated boundary fault between the Uchi Sub Province to the north and the English [...]
Golden Goliath Resources Ltd. is pleased to report on the progress being made on the Kwai gold project south of Red Lake Ontario and the continuing drill program to test numerous IP anomalies associated with the Pakwash Fault structure and associated, parallel, splay faults and shears. The Kwai property covers a 10 km section of the Pakwash Fault which partly defines the boundary between the English River Sub Province to [...]
Golden Goliath Resources Ltd. is happy to report that the first objective has been reached on the Kwai property. This objective was to identify shear zones within a basaltic unit along the north contact of the Pakwash Fault. Mineralized shears were intersected by holes K20-04 and 05 respectively on lines 600E and 400E on the east side of the West Grid, and up ice from the till samples that yielded pristine gold grains [...]
Golden Goliath Resources Ltd. is very pleased to announce that the diamond drilling program on its Kwai property in the Red Lake Mining District is progressing well and the Company is extremely pleased with the initial core that is being logged. The program is designed to test the Pakwash Break along 10 kilometers of strike length with approximately 40 holes totaling 6,000 meters. Although the main focus of the drilling [...]
Golden Goliath Resources Ltd. is very pleased to announce that the diamond drilling program on its Kwai property in the Red Lake mining district is underway. The program is designed to test the Pakwash Break along 10 kilometers of strike length with approximately 40 holes totaling 6,000 meters. Although the main focus of the drilling is aimed at the Pakwash Fault and associated deformation zones, a number of other splay [...]
Golden Goliath Resources Ltd. is very pleased to announce that the drill permit for the newly generated drill targets has now been approved. All of the planned drill holes are now permitted. The Company will start the drill program on September 8th. Figure 1: Red Lake District Properties including the Kwai and SLF properties of Golden Goliath To view an enhanced version of Figure 1, please visit [...]
Major Crustal fault and four related shears and splays located Gold grains in glacial basal tills suggest nearby sources along Faults Last stage of present work program phase completed prior to diamond drilling Over 40 drill targets defined Golden Goliath Resources Ltd. is very pleased to announce that The Induced Polarization survey on its Kwai property is now completed. The data has been interpreted by RS Middleton [...]
Golden Goliath Resources Ltd. is very pleased to announce that It has now signed a diamond drilling contract with M3 Drilling Services Inc. The Company is planning the first drill testing program on its Kwai property in the Red Lake/Dixie Lake Area. Up to 6,000 meters of drilling will be conducted on the roughly 40 targets identified to date by the company geophysicist, R.S. Middleton P. Eng. The Company is awaiting [...]
Golden Goliath Resources Ltd. is very pleased to announce that a first tranche of $2.22 Million of the recently announced private placement, which was filed with the TSX on July 16, has now received the necessary regulatory approvals. The first Tranche has now closed. The required hold period for those shares and warrants is Nov 28, 2020. Five "Finders" received a total of $46,700.00 in Finders Fees for the entirety of [...]
- 17 till sample sites yield pristine gold grains - All 24 till samples contain gold one to 42 gold grains - 13 sites contained over 5 grains, and 8 sites contained over 10 grains Golden Goliath Resources Ltd. is very pleased to announce that recently completed till sampling program on its Kwai property in the Red Lake Mining District sucessfully located pristine gold grains in multiple locations. In 40 attempts to dig [...]
Geological sequence discovered to be similar to LP Zone to the north on parallel structure Sericite altered units and siliceous tuffs and sediments adjacent to major fault Basalt marker located on Kwai with conglomerate traceable to BTU and GBR properties Boulders of silicified and sericite alteration found by till sampling High quality basal tills located along sections of the 10 km fault structure [...]
Golden Goliath Resources Ltd. is very pleased to announce that the recently announced private placement has now received the necessary regulatory approvals. Originally planned for $350,000, the private placement was increased to $450,000 due to demand and then again to $500,000. The Company filed with the TSX on May 13th when it had received subscriptions from 24 placees, including several Company Insiders. The offering [...]