Golden Goliath
Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG). 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. Unlike most juniors, which have an option to earn an interest in a single property or a few scattered properties in various areas or countries, Golden Goliath controls an entire old mining camp, or district, that covers an area of 15 by 25 kilometres, with numerous past producing gold and silver mines dating back to the time of the Spaniards. 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.
Golden Goliath reports more high grade gold and silver results at Las Bolas, Mexico
Golden Goliath Resources Ltd. (TSX-X: GNG) said underground chip samples from recent infill underground work on the Station 37 area within the old Las Bolas mine tunnel have returned gold values as high as 51.2 grams per tonne gold over 0.75 metres, and as high as 2,300 grams/tonne silver over 1.2 metres.
The latest assay results, like those recently released from Station 19, show the presence of high grade silver and gold mineralization not only in the structure, but in its hangingwall and footwall as well.
“The recent results from stations 19 and 37, along with reverse circulation drill hole B-04-3, clearly show that this is a substantial zone, over 200 metres long, containing much higher gold values. Additional drilling will be needed to test the extent of this zone to depth and along strike,” Golden Goliath said.
Other Golden Goliath articles
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22/01/09 Golden Goliath says exploration at Las Bolas in Mexico finds new prospect zone
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01/12/08 Golden Goliath's President, Paul Sorbara, Talks to Proactive Investors
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14/01/08 Golden Goliath Resources – An Emerging Mining Goliath in Mexico?
Other Golden Goliath news
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11/02/10 Golden Goliath Resources closes C$2.9m placing to fund Las Bolas gold project
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03/02/10 Golden Goliath reports high grade gold and silver results from Las Bolas, says sampling confirms min
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22/01/10 Paul Sorbara of Golden Goliath Resources talks about gold and silver mining in Mexico
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29/12/09 Golden Goliath reports high grade results from Filo de Oro gold-silver trend assay, discovers another vein
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15/12/09 Golden Goliath confirms 11 silver-gold veins found to date at Las Bolas
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01/12/09 Golden Goliath Identifies New High Grade Gold and Silver Target Zone on Los Hilos Ridge
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19/11/09 Golden Goliath extends gold and silver zone of Los Hilos ridge at Las Bolas, Mexico
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27/10/09 Golden Goliath Identifies New Gold and Silver Mineralization At Las Bolas, Mexico
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06/10/09 Golden Goliath raises C$4 million for expanding silver and gold resource at Las Bolas, Mexico
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16/07/09 Golden Goliath reports excellent mineral values at new tunnel of Las Bolas mine, Mexico
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