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Golden Goliath Resources Ltd. is a junior exploration company based in Vancouver, Canada. The company is primarily focused on the acquisition and exploration of gold and silver properties, with a particular emphasis on the Red Lake District of Ontario, Canada. In addition to their Canadian projects, Golden Goliath also holds properties in Mexico, including the San Timoteo property in the Sierra Madre Occidental Mountains. With a history dating back to 1996, Golden Goliath continues to pursue innovative exploration strategies to uncover new mineral resources and expand their portfolio.
Golden Goliath Resources (TSXV: GNG) (OTC: GGTHF) has announced the sale of its Mexican exploration assets to a Fresnillo plc subsidiary. The deal includes various concessions sold for USD$75,000 (50% paid on signing, 50% upon Mexican authority registration) and royalties for USD$25,000. Additional concessions will be sold for USD$50,000 pending certain conditions. The company is now focusing on its Ontario gold properties - Wish Ore near Sault Ste Marie and Dixie Road near Red Lake's Kinross Great Bear deposit - along with four REE projects in Quebec.
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