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Broad Gold Zones Discovered at Golden Goliath's Wish Ore Property

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2023) - Golden Goliath Resources Ltd. ...

articleGolden Goliath Resources Ltd.January 18, 20234/company/golden-goliath-resources-ltd/news/broad-gold-zones-discovered-at-golden-goliaths-wish-ore-property
Broad Gold Zones Discovered at Golden Goliath's Wish Ore Property

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[{"type":"text","content":"Broad Gold Zones Discovered at Golden Goliath's Wish Ore PropertyVancouver, British Columbia--(Newsfile Corp. - January 18, 2023) - Golden Goliath Resources Ltd. (TSXV: GNG ) (OTC Pink: GGTHF) (FSE: GGZ) -Golden Goliath is pleased to report on the results of the preliminary drill program at its 100% owned Wish Ore prospect north of Sault Ste. Marie, Ontario. The program targeted the two main showings on the property and IP chargeability with coincident gold geochemical anomalies near the showings.   Figure 1: Regional Map of Wish Ore Property To view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/4761/151691_01471871647ac947_002full.jpgFour drill holes totaling 583 meters were completed to provide Golden Goliath geologists a better understanding of the geology, structures and alteration associated with the known gold values. All four holes intersected sheared and altered mafic to intermediate volcanics with variable amounts of intermixed meta sediments restricted to the Trench Zone. The New Zone has shown encouraging quartz veining structures consistent with the ones mapped in the historical work, with sulfide content varied from trace to 5% associated with silicification and quartz carbonate alteration. The holes in the Trench Zone revealed interesting folded sections, with quartz carbonate veining in the hinge zone vicinities returning anomalous gold values, as well as deformed quartz chlorite carbonate veins associated with chalcopyrite mineralization. Figure 2: Wish Ore Property 2022 Drill Holes in Relation to Shear Zones and High Stress Areas To view an enhanced version of Figure 2, please visit:https://images.newsfilecorp.com/files/4761/151691_01471871647ac947_003full.jpgBroad intersections of anomalous gold values were returned. Including 16m with a high of 0.388 gpt over 4 meters, 23m with a high of 0.885 gpt over 4 meters, and 15m with a high of 0.883 gpt over 6m all from W22-01. From W22-04 over 3km along strike to the northeast returned 41m with a high of 0.705 over one meter, and 23m with a high of 1.125gpt over one meter. Some of the best looking intervals seen in the logging process were found in W22-02. These many have been compromised by the core shack fire despite the success of recovering representative samples from the drill hole.The Wish Ore proper...

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