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Golden Goliath Ground Truths IP Anomalies, gets MAG &VLF Results. Drill Targets Defined by Independent Consultant
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2019) - Golden Goliath Resources Ltd...
About this update from Golden Goliath Resources Ltd.
[{"type":"text","content":"Golden Goliath Ground Truths IP Anomalies, gets MAG &VLF Results. Drill Targets Defined by Independent ConsultantVancouver, British Columbia--(Newsfile Corp. - August 27, 2019) - Golden Goliath Resources Ltd. (TSXV: GNG ) (OTC PINK: GGTHF). Golden Goliath is pleased to announce that it has now completed the ground examination of the Induced Polarization geophysical anomalies on its Kwai and SLF properties located in the Red Lake District of Ontario, south of the Great Bear resources Dixie Lake discovery. The Company has also received the results of the Magnetic (Mag) and Very Low Frequency (VLF) EM surveys which were conducted in association with the IP survey.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4761/47303_4fc0bd4974df29a5_002full.jpgPart of the Companyʻs exploration team, including CEO Paul Sorbara, recently went to the Red Lake properties and visited the locations of the very encouraging IP anomalies that were reported on August 12th. The purpose was to determine if anything visible on the surface of this mostly overburden covered region could explain why we got the anomalies, or if the source lies at depth.Two separate grids were cut on the Kwai property, each covering the favourable fault structures where cross cutting structures appear to be present. Multiple moderate to strong chargeability anomalies were detected by the Induced Polarization survey from which high priority drill targets will be generated. The high chargeability anomalies associated with the trace of the Pakwash Lake fault remain unexplained as the anomalies occur south of the break in slope believed to represent the trace of the fault structure. No outcrop was observed that could explain the anomalies. Further north, high to moderate chargeability anomalies with coincident high resistivity anomalies occur associated with variably altered granitic outcrop. On the east grid local intense epidote alteration was observed with traces of pyrite and chalcopyrite. The MAG and VLF surveys were designed to confirm the magnetic breaks and trace the deep-seated fault structures and to match them with the chargeability anomalies identified through the IP surveys.The ground magnetics survey on the east grid confirmed the the location of the magnetic break along the trace of the Pakwash Lake fault st...