The project is in east-central
On the Ernest property lake sediments collected in 2003 by the
According to Ministere des Ressources Naturelles (MRN) synopses, the Property is underlain by rocks of the mesoproterozoic
Mineralization was located by MRN geologists in granitic pegmatite near the contact between the gabbronorite-dominated and the mangerite-dominated members of the
The Company is planning exploration programs to be conducted this summer. Various avenues of investigation suggest themselves for moving this property forward. Initial examination of the government showing could be followed up by detailed prospecting and hand-trenching to determine extents, orientations and geometries of any similar dykes in the area. An examination of the potential for rheologically-controlled pegmatite dyke emplacement between gabbronoritic and mangeritic units would also be of value. Given the clear association with Thorium in the anomalous zone, the use of radiometric surveys may yield valuable insights into extending known mineralization.
Subject to regulatory approval, consideration for the Property consists of
Golden Goliath CEO
About Golden Goliath
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Certain statements included herein may constitute 'forward-looking statements'. All statements included in this press release that address future events, conditions or results, including in connection with exploration activity, future acquisitions and any financing, are forward-looking statements. These forward-looking statements can be identified by the use of words such as 'may', 'must', 'plan', 'believe', 'expect', 'estimate', 'think', 'continue', 'should', 'will', 'could', 'intend', 'anticipate' or 'future' or the negative forms thereof or similar variations. These forward-looking statements are based on certain assumptions and analyses made by management in light of their experiences and their perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. These statements are subject to risks, uncertainties and assumptions, including those mentioned in the Company's continuous disclosure documents, which can be found under its profile on SEDAR (www.sedar.com). Many of such risks and uncertainties are outside the control of the Company and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In making such forward-looking statements, management has relied upon a number of material factors and assumptions, on the basis of currently available information, for which there is no insurance that such information will prove accurate. All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Contact:
Tel: +1(604) 682-2950
Email: jps@goldengoliath.com
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