Business
Golden Goliath Resources Launches Program at Manicouagan Project
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2023) - Golden Goliath Resources Ltd. (TSXV: GNG) (OTC Pink: GGTHF) (FSE: GGZ) is pleased to announce t
About this update from Golden Goliath Resources Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 8, 2023) - Golden Goliath Resources Ltd. (TSXV: GNG) (OTC Pink: GGTHF) (FSE: GGZ) is pleased to announce that they have now begun the exploration program at their Manicouagan Project central Quebec. The Manicouagan Project consists of four properties covering anomalous Rare Earth Element occurrences just to the south of the Manicouagan impact crater in Quebec. This initial program will consist of ground geophysics, geology, and geochemistry to identify the source of lake sediment anomalies and to assess previous anomalous rock samples and the circular magnetic features found on some of the properties. Along with highly prospective metamorphic and igneous complexes our Manicouagan project has excellent infrastructure with hydro power facilities and access with highway 389 splitting the properties and secondary access provided by recent forestry activities. Figure 1: Manicouagan Project The anomalous values are from lake sediment sampling and limited rock sampling conducted by the Ministere des Ressources Naturelles. The properties cover areas with anomalous values in key REEs; Cerium, Lanthanum, Neodymium, Praseodymium and Rubidium. Many of the other REEs show elevated values. The properties are all underlain by metamorphic and intrusive complexes of the Grenville geological province. The Bedard and Citadelle prospects are also associated with circular magnetic features which may also be related to the anomalous REE values. ++ Figure 2: Citadelle Prospect Figure 3: Bedard Prospect (Right) Golden Goliath's geological team has now mobilized to the area and has engaged with geological and geochemical fieldwork on the Ernest property on the project. Ernest was found to have very good access and exposure. Recent forestry operations have created new access and outcrop exposures through the thin till cover in the northeastern half of the property. Our geological team successfully located the site of the highly anomalous Ministère des Ressources Naturelles sample and located several similar occurrences within the new exposures. Principal orientations of target dykes were noted yielding key geometric data which will be used to focus upcoming geophysical work. Golden Goliath CEO Paul Sorbara said, \"I am pleased to have boots on the ground at our Manicouagan project. Initial reports ar...