TORONTO, May 15, 2018 (GLOBE NEWSWIRE) -- Goliath Resources Ltd. (TSX-V:GOT) (Frankfurt:B4IE)
(the “Company or “Goliath”) is pleased to announce the initiation of its 2018 exploration program
with the mobilization of a geophysical crew to conduct surveys on its Bingo, Golddigger, Copperhead, and Lucky Strike properties
within the Golden Triangle and Skeena Arch in preparation for drilling.
The survey results from more than 1,700-line kilometres will be integrated into the current database and will
assist the Company in understanding and delineating key structural features associated with mineralization. The geophysical data
will further refine the focus of the upcoming ground-based exploration and drill programs, including: geological mapping,
trenching, alteration and whole rock study, soil sampling, prospecting, and diamond drilling.
Goliath is also pleased to report the base facilities within Terrace, British Columbia to be used as its central
hub servicing the technical and drilling teams for the 2018 programs on its Lucky Strike and Copperhead properties is nearing
completion.
Mr. Roger Rosmus, Director, President and CEO of Goliath states:
“We are extremely pleased to be kicking off our 2018 exploration program a head of our initial schedule, and look forward to
what we are anticipating to be a very successful year in the field that would relate to building significant shareholder value in
the coming months”.
Stefan Kruse, Ph.D., P. Geo., Chief Geologist, is the qualified person as defined by National Instrument 43-
101, for Goliath exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information
in this release.
For more information please contact:
Goliath Resources Ltd.
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1-416-488-2877 x222
roger@goliathresources.com
www.goliathresourcesltd.com
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VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
