SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Dr. Rock11/14/2005 7:48:40 PM
  Read Replies (1) of 78416
 
Golden Goliath finally did something new.

November 14, 2005 US:GGTH-F
PR 12/05
GOLDEN GOLIATH ACQUIRES NEW SILVER PROPERTY
The Company continues to use its Mexican contacts and extensive database to seek out
new opportunities and is pleased to announce that it has acquired by staking a 100%
interest in a new silver property located about 150 km southwest of Chihuahua city.
The property, which has good road access, hosts numerous old underground workings and
dumps along a 1.5 kilometre trend which follows two parallel, strongly silicified
and brecciated structures separated by a distance of about 200 metres. The structures
average about 2 metres in width at the surface. The workings, mostly shafts, appear
to extend from 25 to 80 metres and preliminary mapping indicates that the structures
widen at depth. The age of the workings is uncertain, but they are not recent and it
appears that no drilling has ever been done on the ground.

Preliminary work by the Company’s Mexican geologists included taking 17 chip samples
across widths ranging from 1.0 to 2.5 metres and averaging 1.75 metres. The assays
for these samples ranged from 11 to 832 grams silver/tonne with an arithmetric
average of 237 grams silver/tonne.

Golden Goliath Resources current focus is on its upcoming drill program on the Las
Bolas property in the Uruachic camp and continues to seek drill bids for this work.The
Company therefore plans to look for a partner for this new property, called La Cruz.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News