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Golden Goliath Drilling Continues to Trace Mineralization Related to Pakwash Fault Structure, on Kwai Property, Red Lake, Ontario
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Golden Goliath Resources...
About this update from Golden Goliath Resources Ltd.
[{"type":"text","content":"Golden Goliath Drilling Continues to Trace Mineralization Related to Pakwash Fault Structure, on Kwai Property, Red Lake, OntarioVancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Golden Goliath Resources Ltd. (TSXV: GNG) (OTC Pink: GGTHF) (FSE: GGZ) Update: Golden Goliath Resources Ltd. is continuing to drill on the West Grid of the Kwai property south of Red Lake with the purpose of locating and defining the source of gold grains found in the glacial till (see NR July 7, 2020) along a major structure called the Pakwash Fault. The Property covers a 10 km section of this deep-seated boundary fault between the Uchi Sub Province to the north and the English River Sub Province to the south. The West Grid only covers 16% (1600m) of this 10 km section of the Fault, but was the most accessible and contained the most pristine gold grains found so far in the limited amount of till sampling completed to date.Figure 1: Red Lake District Properties including the Kwai and SLF properties of Golden GoliathTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4761/66599_07ed431384ef1bb4_002full.jpgDrilling completed to date has established that the Pakwash Fault is mineralized and is characterized by silicified shear zones and sericite schists with disseminated pyrite hosted in sheared quartz-eye feldspar porphyry and felsic tuffaceous sediments. Hole K20-03 on line 600W intersected a 69m wide (core length) section of silicified shears and porphyry dikelets (see photo on web site under Kwai Property: K20-03 Silicified shear in Hole K20-03 Line 600 W), which was the first indication of the actual Pakwash structure. Subsequently, hole K20-06 on line 200E (800m east of K20-03) intersected a 50m wide (core length) zone of disseminated sulphide with siliceous banding and sericite which appears to be the continuation of the Pakwash structure. Photos of core from these sections are available on the Companyʻs website (K20-06 Pakwash Fault Zone and Disseminated sulphides in sericite schist). East of hole K20-06, two more holes K20-04 and K20-05, contained silicified zones and extensive sericite alteration suggesting the Pakwash Fault continues east through Beauregard Lake and east through the remaining part of the property. This feature is traceable with the IP chargeability and resistivity. ...