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Golden Goliath: Significant Geological Hosts Located on Kwai Property by Mapping and Till Sampling

Geological sequence discovered to be similar to LP Zone to the north on parallel structur...

articleGolden Goliath Resources Ltd.June 22, 20203/company/golden-goliath-resources-ltd/news/golden-goliath-significant-geological-hosts-located-on-kwai-property-by-mapping-and-till-sampling
Golden Goliath: Significant Geological Hosts Located on Kwai Property by Mapping and Till Sampling

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[{"type":"text","content":"Golden Goliath: Significant Geological Hosts Located on Kwai Property by Mapping and Till SamplingGeological sequence discovered to be similar to LP Zone to the north on parallel structureSericite altered units and siliceous tuffs and sediments adjacent to major faultBasalt marker located on Kwai with conglomerate traceable to BTU and GBR propertiesBoulders of silicified and sericite alteration found by till samplingHigh quality basal tills located along sections of the 10 km fault structure Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - Golden Goliath Resources Ltd. (TSXV: GNG ), (OTC: GGTHF), (FSE: GGZ) (\"Golden Goliath\" or the \"Company\") is very pleased to announce that the initial till sampling and geology portion of the current field exploration program on its Kwai property located in the Red Lake mining district has been completed. The Induced polarization geophysical survey is still in progress.The basal till sampling program on the Kwai property reached bedrock in many locations along this 10 km long section of the Pakwash Fault structure. High quality basal tills stuck to basement bed rock were obtained and bedrock was identified. In addition geological mapping was done and a more definitive geological picture was obtained. This new geological information has resulted in the grid to be expanded to cover the favourable aspects of the structures and stratigraphy.Red Lake District Properties including the Kwai and SLF properties of Golden GoliathTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4761/58282_36e8629374cb2ae4_002full.jpgA sequence of metamorphosed felsic tuffs and sediments were found to occur adjacent to a regional basalt unit that can be traced through the BTU property to the north along a regional fold structure, along with an adjacent conglomerate which is identical to outcrops to the north. This basalt unit also occurs along the south side of the LP structure shown on sections by Great Bear Resources.Therefore the Kwai property has been found to host a repetition of the same sequence of rocks that hosts the LP Zone on the Dixie Lake Property. Both the Pakwash Fault and LP fault are outlined as deep seated structures by regional seismic profiling by the federal government, and are similar in nature to the faults associated with the major mi...

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