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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 the gold and silver potential of properties in the Red Lake District of Ontario. The Company’s Canada properties include Quebec, and Wish Ore. Queb includes 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. The Wish Ore Property is located 60 kilometers north of Sault Ste Marie.


TSXV:GNG - Post by User

Post by kddouganon Dec 04, 2020 2:29pm
210 Views
Post# 32038751

How About an Uchi Sandwich !!!

How About an Uchi Sandwich !!!

Golden Goliath Resources has completed four drill holes on the southern trend of IP anomalies on the West Grid of its Kwai Project (Figure 2). These four holes (K20-11 to K20-14) 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 gold mines and now we can see that a large part of the Kwai property contains an extensive belt of these favourable rocks, which expands our target areas across the property.

Figure 3: North-South Cross Section on West Grid Showing Uchi Rocks on Southern Trend of IP Anomalies

Gold grains found in basal till samples on the West Grid may have originated from Uchi rocks further east along the Pakwash Fault trend, where numerous IP anomalies occur, or from the area of Beauregard Lake as shown in Figure 4. A variety of drill targets based on existing IP results interpreted to be caused by disseminated sulphide zones are present across the eastern 2/3 of the property. There are also at least two more mag-interpreted splays cutting the main Pakwash break on the East Grid, similar to the one that occurs under Beauregard Lake. The Company is now organizing a winter IP survey over the lake, which has numerous intersecting spay and extensional faults. The lake area is the primary source area for the gold grains on the West Grid based on dispersion distance and ice directions (figure 4).


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