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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing about four rare earth element properties in Quebec and two gold properties in the Red Lake and Sault Ste. Marie Mining Districts of Ontario. It 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 seven other nearby properties. The four rare earth element properties in Quebec include Victory 21 Property, Citadell Property, Bedard Property, and Ernest Property. The Victory 21 Property includes about 18 map claims, 10 pending claims over 1200 hectares. The Citadell Property, Bedard Property and Ernest Property are located in Central Quebec, stable modern mining jurisdiction, which includes about 24, 22, and 34 map claims. Its Wish Ore Property is located 60 kilometers north of Sault Ste Marie. Its other properties include the Kwai Property and SLF Property.


TSXV:GNG - Post by User

Post by largeinveston Oct 02, 2020 2:06pm
184 Views
Post# 31658671

GNG GBR connected?

GNG GBR connected?GBR Press release 2017: "within a basalt that is strongly altered by silica and sulphides."

GBR Press release Sept 28th 2020 "
The Dixie project hosts two principal styles of gold mineralization:

 

  • High-grade gold in quartz veins and silica-sulphide replacement zones (Dixie Limb, Hinge and Arrow zones). Hosted by mafic volcanic rocks and localized near regional-scale D2 fold axes. These mineralization styles are also typical of the significant mined deposits of the Red Lake district.
  • High-grade disseminated gold with broad moderate to lower grade envelopes (LP fault). The LP fault is a significant gold-hosting structure which has been seismically imaged to extend to 14 kilometres depth (Zeng and Calvert, 2006) and has been interpreted by Great Bear to have up to 18 kilometres of strike length on the Dixie property. High-grade gold mineralization is controlled by structural and geological contacts and moderate-grade to lower-grade disseminated gold surrounds and flanks the high-grade intervals. The dominant gold-hosting stratigraphy consists of felsic sediments and volcanic units."

GNG Press release a few days ago "The basalt marker host can be traced around a large granitic to granodioritic batholith to the Dixie GBR property where the Hinge Zone has been located. Holes 04 and 05 were drilled to the south and as the holes deepened the alteration with sericite mica increased to a point where the rocks became sericite schists, and the basalts and a mafic quartz eye porphyry graded to felsic volcanics both rhyolitic massive horizons and possible tuffs. Two cherty horizons were also intersected, one with 20% pyrite and the other being a banded exhalite horizon"
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