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Golden Goliath Res Ltd (GGTHF)

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Last Post: 9/2/2016 2:40:50 PM - Followers: 4 - Board type: Free - Posts Today: 0

Golden Goliath Resources Ltd.: Frijolar II Underground Sampling Completed
Potential Strike Length at Las Bolas Extended

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 15, 2009) - Golden Goliath Resources Ltd. (TSX VENTURE:GNG)(PINK SHEETS:GGTH-F) is pleased to announce from chip sampling assay data from within the Frijolar II tunnel has now been received and compiled (see annexed table and sample map on the Company's website). Excellent values were returned within this working, including 4.19 metres grading 536 gm silver/tonne and 1.72 metres grading 726 gm silver/tonne. Frijolar II lies about 200 metres south of the Las Bolas tunnel on a separate, parallel trend. Initial sampling was conducted within this tunnel in 2008, along its 71 metre length. A subsequent cave-in has now blocked access to the end of the working allowing only 43 metres to be covered by the current sampling, which averaged 281 gm silver/tonne over the entire length, with an average mining width of 2.51 metres.

In addition to the Frijolar II work, two other old workings called San Luis and El Maguachi have now been entered and sampled for the first time. These workings, which trend in the same direction as those in the main Las Bolas area, lie approximately 1,400 metres east of the Frijolar II tunnel, and the mineralization within them looks identical to that found within the Las Bolas tunnel. Three samples were taken within the San Luis area. A chip sample across a thirty cm wide vein structure within San Luis ran 509 gm silver/tonne, with 0.21 gm gold/tonne and its 1 metre wide footwall assayed at 74 gm silver/tonne. A grab sample of the same structure, further along the working, assayed 720 gm silver/tonne with 0.42 gm gold/tonne. Outside, 200m south of the San Luis at a collapsed working called San Luis II, a chip sample across a 30 cm wide exposure of the same vein structure assayed at 1,850 gm silver/tonne with 0.61 gm gold/tonne. The existence of these workings and the mineralization found there indicates that the Las Bolas, Frijolar and El Corazon trends have a strike length, measured from the entrance of the Las Bolas mine tunnel, of approximately 1,600 metres. An updated map of this area appears on the Company's website.

About Golden Goliath

Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG). Assays are done using traditional methods at Inspectorate Labs and Chemex Labs. The Qualified Person for the Uruachic project is J. Paul Sorbara M.Sc., P.Geo. The Company is focused on exploring and developing the gold and silver potential of an historic mining camp located in the world famous Sierra Madre Occidental Mountains of northwestern Mexico. Golden Goliath's Uruachic claims are owned 100% by the Company and are fully paid for with no property option or purchase payments to make.

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#57   GGTHF bullish 0.05 stocktrademan 09/02/16 02:40:50 PM
#56   Wasn't me... BoomBaby 07/08/16 08:57:10 PM
#55   Huge rise today...did someone fat-finger a trade? lemmy 06/17/16 11:38:36 AM
#54   Sprott now owns only 3.9% BoomBaby 03/16/15 05:02:52 PM
#53   I remember the days when 16cents was soon BoomBaby 06/25/14 11:35:47 AM
#52   Golden Goliath Resources Ltd.: News Release gsfl 03/22/11 10:24:18 AM
#51   Are YOU ready??? I've got a feeling we belleblackout 02/26/11 07:52:09 PM
#50   Excellent Buying op Right now!!!!! ListenToMe 02/22/11 01:35:39 PM
#49   Who is getting shaken out? I'm Still holding ListenToMe 02/22/11 01:05:42 PM
#48   A litle backfilling is good to build a ListenToMe 02/22/11 12:34:50 PM
#47   Where's all that moxie today??????? belleblackout 02/22/11 12:12:09 PM
#46   GOLD AND SILVER IS SOARING....BLAST-OFF $$$$$$$$ IS INEVITABLE ListenToMe 02/21/11 11:44:52 AM
#45   This could very well be the "Play Of ListenToMe 02/19/11 03:55:56 PM
#44   Technicals are consolidating in preperation for an EXPLOSIVE ListenToMe 02/18/11 12:25:48 PM
#43   No doubt in my mind!!!!$$$$$$$ ListenToMe 02/18/11 11:41:50 AM
#42   step by step $5 coming :-D Teto71 02/18/11 10:58:53 AM
#41   hit .67 but thats still just the beginning ListenToMe 02/18/11 10:09:57 AM
#40   .625...UP over 3.4% already this moring!!! ListenToMe 02/18/11 09:41:17 AM
#39   Yes indeed we are on our way to ListenToMe 02/17/11 05:54:14 PM
#38   +9% today! Teto71 02/17/11 05:24:39 PM
#37   OVER 50K in volume already!!! BUYING ACCUMULATTION has ListenToMe 02/17/11 10:13:35 AM
#36   I agree 100%! And $5.00 BUCKS is still ListenToMe 02/17/11 09:29:16 AM
#35   ListenToMe, I am ListeningToYou and I AgreeWithYou! ))) Teto71 02/16/11 08:13:02 PM
#34   We are lucky to get in on the ListenToMe 02/16/11 06:28:06 PM
#33   Yeah!! UP UP UP ! LOL Teto71 02/16/11 05:50:59 PM
#32   We are purcolating now but the $~STEAM~$ will ListenToMe 02/16/11 11:15:13 AM
#31   The Upward trend should continue today $$$$$$ ListenToMe 02/16/11 09:29:24 AM
#30   Watch for the eod run!!! ListenToMe 02/15/11 02:28:55 PM
#29   Nice volume continues to roll in! Bullish all ListenToMe 02/15/11 12:31:12 PM
#28   Are you watching UP UP UP??? ListenToMe 02/15/11 10:06:24 AM
#27   MUST SEE $$$$$$$$ ListenToMe 02/14/11 07:30:43 PM
#26   Oh they WILL notice soon!!!! $5.00 BUCKS will ListenToMe 02/14/11 07:15:51 PM
#25   It's amazing that no one notice this huge Teto71 02/14/11 07:14:23 PM
#24   You know it my man. This is going ListenToMe 02/14/11 12:53:14 PM
#23   LOL$$$ HERE WE GO! Teto71 02/14/11 12:27:35 PM
#22   Inch by inch closer to $5.00 BUCKS $$$$$ ListenToMe 02/14/11 12:21:21 PM
#21   Moving up on increasing volume ...VERY BULLISH!!! ListenToMe 02/14/11 09:44:00 AM
#20   Our time is near! ...$$$$$$$$ ListenToMe 02/11/11 01:58:03 PM
#19   This "Rare Earth Company" is positioned in one ListenToMe 02/11/11 11:10:55 AM
#18   $$$$$$$$$$$$$$$$$$$$$$$$$$$ ListenToMe 02/10/11 07:37:53 PM
#17   Could be ...significant revision in the numbers ListenToMe 02/10/11 06:38:49 AM
#16   If they already announced the JVA back in Davard 02/09/11 09:04:01 PM
#15   5 followers ListenToMe 02/09/11 06:58:50 PM
#14   me neither$$$$$$$$ :-D Teto71 02/09/11 06:38:42 PM
#13   It wouldn't surprise me at all! $$$$$$ ListenToMe 02/09/11 05:07:32 PM
#12   $ 5.00 BUCKS?! Teto71 02/09/11 04:44:29 PM
#11   Technicals are consolidating in preperation for an EXPLOSIVE ListenToMe 02/09/11 08:27:24 AM
#10   This sector is really on fire which gives ListenToMe 02/09/11 08:17:50 AM
#9   Could very well be a 5 to 10 ListenToMe 02/09/11 08:16:42 AM
#8   Seems .50 is the building level and will ListenToMe 02/09/11 08:16:00 AM