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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 kddouganon Oct 29, 2020 2:13pm
270 Views
Post# 31804621

Latest News Release Revisited

Latest News Release Revisited@MickeyMantle Just got off phone with Paul. I asked him to go over the press release as I am not a geo (and need some spailen much like Ricky Ricardo did in the old days) :) First off, he reiterated what we all knew, this is a lousy week to release news but markets are out of his control.

He went over the press release line by line and if you follow it and go to (West grid of Kwai drill map) it makes it much easier to interpret ( map
RED STARS K20-1 / K20-6 ) are in lab, still waiting on results (should be out in 2 weeks or so). IMHO it is best they take there time, being released after this Gold beating subsides. Hole 7-8 are still being cored & drilled. Hole 8 ( pictures coming soon) seems to very intriguing as who knows what is under the lake but anomalies there were strong and it can be drilled in earnest once lake ices over.

The drill is moving over soon to the
GREEN STARS and that is where it could get very exciting as that is where the pristine gold was found and seems to me like the prime targets. I could go on but you can catch my drift of renewed optimism.

JPS admitted to me he that he screwed up and the last part of the press release as it didn't come as clearly as what he was trying to convey.It is much harder to direct a drill program without the benefit of assays to guide the process. Normally when labs aren't so backed up earlier holes guide future drill targets for optimum results.I am just thankful we have a transparent CEO that keeps shareholders informed and in the loop. I could only wish I had other JPS leaders running my other companies.

He and Bob are as excited and optimistic as ever, the more layers they pull back on this great property. GNG is only drilling 1 1/2 KM of a 10 KM target. We are still very early in the ballgame but if we strike early, sky is the limit.
IMHO this will be a walk off Mickey Mantle Grand Slam off the facade in the old Yankee Stadium. KD
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