1 / 42

Corporate Presentation February 2014

Corporate Presentation February 2014. Overview. Golden Goliath Resources (TSX Venture – GNG.V) Focused on exploration and development of 8,400 hectare land package in the Sierra Madre Gold-Silver Belt of northwestern Mexico

zeno
Download Presentation

Corporate Presentation February 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Corporate Presentation February 2014

  2. Overview • Golden Goliath Resources (TSX Venture – GNG.V) • Focused on exploration and development of 8,400 hectare land package in the Sierra Madre Gold-Silver Belt of northwestern Mexico • Mexico offers stable politics and a favorable regulatory and tax framework • Wholly owns key properties in the historic Uruachic Mining District, a 15 x 25 km area which hosts numerous gold and silver mines dating back to the Spanish Colonial era • The Uruachic Mining District is now developing into an area play on the strength of Fresnillo’s recently discovered Orisyvo deposit, with a stated resource (to date) of 9.8 million ounces of gold and 13 m oz silver Indicated and Inferred (source Fresnillo PLC website)

  3. Corporate Strategy Golden Goliath’s strategy is to: • Advance its property portfolio using modern exploration techniques • Concentrate exploration efforts initially near old workings to identify targets for follow-up drill testing • Joint venture and option properties after in-house exploration has added value 3

  4. Uruachic Mining District • Golden Goliath’s 8,400 hectare land package is located in the Sierra Madre Gold-Silver Belt, one of the most prolific gold and silver producing regions in the world • The Uruachic Mining District hosts some of the Sierra Madre’s largest and most intense alteration zones • Key advantages include: • A ready workforce • Year-round road access • Infrastructure in place • Prolific mining history • Fully permitted exploration programs • Support from the local population • Historically high grade production – from 2,200 - 17,000 g/t Ag and up to 31 g/t Au

  5. Uruachic Mining District

  6. Golden Goliath Projects In Uruachic Mining District Corona: JV agreement with Comstock Metals Nopalera: Gold-rich porphyry target aedjacent to Orisyvo discovery Reforma San Timoteo: High grade underground workings Oteros Nueva Union La Barranca Outside Uruachic Mining District Chamizal La Cruz Peñoles Fresnillo PLC San Timoteo Reforma Nueva Union Las Bolas/Los Hilos Nopalera Corona: Comstock Metals JV Orisyvo La Barranca Rio Oteros Oteros 4 km 6

  7. Fresnillo PLC’s Orisyvo Deposit • Located adjacent to Golden Goliath’s Nopalera Project • Indicated and Inferred Resources to date: 9.8 M oz Au + 13 Million oz Ag • High sulphidation, Porphyry-related gold system • Wide-spaced drilling shows mineralization extends over area of 1,300 x 1,100 m • Oxide zone open to the north and west, sulphide zone core with good grade partially explored • (source Fresnillo PLC website)

  8. Orisyvo Exploration Camp

  9. Orisyvo drills as seen from Nopalera

  10. Nopalera: Similarities to Orisyvo • Porphyry-related target • High sulfidation geochem signatures (elevated Sb, As, Au, Ag) • Indications of low sulfidation system at surface, high sulfidation system at depth • Vuggy quartz, sinter caps

  11. Regional Structural Setting

  12. Nopalera: Current Exploration • Mapping and sampling – over 3,000 samples taken to date outline mineralized structures potentially representing leakage zones from mineralized target at depth • Alteration mineral mapping using TerraSpec to identify high temperature mineral assemblages and zonation • Road building to expose mineralized zones and prepare for planned drill program • Important clay minerals formed by hydrothermal alteration associated with gold anomalies on surface

  13. Photos: Nopalera and Orisyvo Nopalera Alteration As Viewed from Orisyvo Las Bolas Nopalera Orisyvo View Towards Orisyvo Along Rio Oteros Orisyvo Drilling

  14. Nopalera Close-up Nopalera Alteration As Viewed from Orisyvo Stockwork Veining Stockwork Veining2 Alteration Close-up Nopalera Outcrops Nopalera Dikes

  15. Nopalera - Alteration Zone Intense Alteration Zone, Largest in the Uruachic Mining District N Historical Workings Porphyry Centre with Argillic caps 3,000m Historical Workings 8 km to Fresnillo’s Orisyvo Gold Deposit (9.2 MOz Gold) 1,000m

  16. Nopalera Geology and Structure

  17. Nopalera Clay Alteration

  18. Nopalera Gold Geochemistry

  19. Nopalera Generalized Geology and Section Line

  20. Nopalera – Orisyvo Vertical Section Looking NE

  21. Golden Goliath Projects In Uruachic Mining District Corona: JV agreement with Comstock Metals Nopalera: Gold-rich porphyry target Reforma San Timoteo Oteros Nueva Union La Barranca Outside Uruachic Mining District Chamizal La Cruz Peñoles Fresnillo PLC San Timoteo Las Bolas / Los Hilos: Reforma Nueva Union Nopalera Corona: Comstock Metals JV Orisyvo La Barranca Rio Oteros Oteros 4 km 21

  22. Current Access Road Before Upgrade 22 22 22

  23. Access Road Being Upgraded

  24. New Bridge Construction

  25. Upgraded Road Before Paving

  26. Turnoff Leading To Uruachic

  27. Paved Highway

  28. Golden Goliath Projects In Uruachic Mining District Corona: JV agreement with Comstock Metals Nopalera: Gold-rich porphyry target Reforma San Timoteo Oteros Nueva Union La Barranca Outside Uruachic Mining District Chamizal La Cruz Peñoles Fresnillo PLC San Timoteo Las Bolas/Los Hilos: Reforma Nueva Union Nopalera Corona: Comstock Metals JV Orisyvo La Barranca Rio Oteros Oteros 4 km 28

  29. El Arbolito 327/15.3m Frijolar 303/6.2m 100/6.24m Gambusino El Corazon Guadalupana 3.22,154/12.2m 1,400 m Drill Hole trace with mineralized interval Las Bolas Tunnel Station 37 Station 19 224/7.22m 62/4.6m La Morena Providencia Las Bolas Generalized Section-Looking North 0m Open 2,000m 3,000m 1,000m Open 3,000m 0.21,509/30cm Mosca de Plata 1,800 m 0.6,1851/30cm Los Hilos Tunnel Frijolar El Maguachi Arbolito 1,600 m Gambusino El Corazon San Luis2 San Luis Guadalupana Silicosa Las Bolas Tunnel 1,400 m 2.11,27 LaMorena El Manto Providencia 700m 1,200 m 0.28,101/3.6m 1.2,366/1.9m 597/3.06m 1,000 m 0.5,222/3.23m 0.1Au,43Ag,0.2%Cu,0.65Pb,1.6%Zn / 4m 800 m Open 600 m Legend 0.9,52/3m=Gold gpt, Silver gpt /Width(metres) 303/6.2m=Silver gpt / Width (metres) 400 m 200 m

  30. Station 19 Gold,Silver gm/tonne Width (metres) Las Bolas - Station 19 Underground Chip Sampling-2009 45m Length 1.25 Gold, 577 Silver gm/ tonne Las Bolas Mesa Seca 500m LOCATION MAP LAS BOLAS 12.6m Width* LAS BOLAS N GAMBUSINO ENTRANCE * Cumulative Width;Average Vein Width 2.12m

  31. Station 37 Gold,Silver g/t Width (m) Las Bolas-Station 37- ”Zone A” Underground Chip Sampling Las Bolas Mesa Seca 500m LOCATION MAP 30.6m Length Station 37 Zone A 4.7 Gold, 485 Silver g/t 10m 10m Width* LAS BOLAS N * Cumulative Width;Average Vein Width 2.12m

  32. Los Hilos West-LongSection-Looking North FILO de ORO Open 0.79g/t Au,141g/t Ag/47m Mosca de Plata 0.28g/t Au, 44g/t Ag/51m 78.1g/t Au, 204 / 0.50m 0.43g/tAu, 30g/tAg / 1.1 m Palo Dulce 6.74g/tAu, 136g/tAg / 0.95 m 4.21g/tAu,122g/tAg / 0.55 m 6.78g/t Au,202.73g/t Ag/19.06m 1.53g/t Au,54g/t Ag/208m 3.90g/t Au,133.82g/t Ag/36.5m 1.29g/t Au,29g/t Ag/57m Los Hilos West Tunnel B04-08 B04-07 0.9,52/3m LEGEND Drill Hole Pierce Point (Reverse Circulation drill-hole average drilling recoveries of 64%) Gold gm/tonne, Silver gm/ tonne / Length (m) Mineralized Zone Scale 0 50 100 metres 0.25g/t Au, 35g/tAg /51m

  33. Golden Goliath Projects In Uruachic Mining District Corona: JV agreement with Comstock Metals Nopalera: Gold-rich porphyry target Reforma San Timoteo Oteros Nueva Union La Barranca Outside Uruachic Mining District Chamizal La Cruz Peñoles Fresnillo PLC San Timoteo Las Bolas/Los Hilos: Reforma Nueva Union Nopalera Corona: Comstock Metals JV Orisyvo La Barranca Rio Oteros Oteros 4 km 33

  34. 5.96 g/t gold / 20m 6.72 g/t gold / 10m 6.79 g/t gold (grab) 1.14 g/t gold / 8.5m 1.40 g/t gold / 2.0m ST08-23 Hole Abandoned 1.47 g/t gold / 5.3m ST06-08 5.93 g/t gold / 1.6m San Timoteo – San Martin Tunnel Gold LEGEND Gold g/t ST-08-07 Drill Hole Rock Chip Sample

  35. 1,545 g/t silver / 6 m 202 silver g/t / 20 m 141 g/t silver / 10 m 2,156 g/t silver (grab) 428 g/t silver / 8.5 m 229 g/t silver / 3.0 m ST08-13 110 g/t silver / 4.5 m ST07-04 ST07-08 191 g/t silver / 7.5 m San Timoteo – San Martin Tunnel Silver LEGEND Silver g/t Drill Hole Rock Chip Sample

  36. 50 km Uruachic Regional Deposits

  37. Golden Goliath Projects In Uruachic Mining District Corona: JV agreement with Comstock Metals Nopalera: Gold-rich porphyry target Reforma San Timoteo Oteros Nueva Union La Barranca Outside Uruachic Mining District Chamizal La Cruz Peñoles Fresnillo PLC San Timoteo Reforma Las Bolas/Los Hilos: Nueva Union Nopalera Corona: Comstock Metals JV Orisyvo La Barranca Rio Oteros Oteros 4 km 38

  38. Management Team J. Paul Sorbara Mr. Sorbara, President , CEO and a director of the Company, completed his M.Sc. at the University of Toronto in 1979, studying collapsed caldera structures in Canada's Northwest Territories. Following graduation, he conducted Caldera Reconnaissance Programs for Cominco Ltd. in both British Columbia and the Sierra Madre Occidental range in Northern Mexico, spending a number of years in Cominco's Guadalajara office. When changes in the foreign investment laws made investment in Mexico feasible, Mr. Sorbara was one of the first Canadians to go there. With help from his numerous Mexican geological contacts, he started his own private Mexican exploration company, Minera Delta S.A. de C.V. which after eight years he took public as Golden Goliath Resources Ltd. Stephen Pearce Mr. Pearce, CFO and a director of the Company, is a practicing lawyer who specializes in corporate and securities work. He serves as a director and officer of several resource-related public companies. Mr. Pearce has a Law degree from the University of British Columbia and an economics degree from York University. Ing. Daniel Nofrietta Fernandez Ing. Nofrietta, Exploration Manager, Mexico, and a director of the Company, is a Mexican national who studied geology both in Mexico and the United States. He has worked as exploration manager for several large international companies throughout Mexico and has a vast knowledge of the Sierra Madre Occidental region. He has also taught at the University of Chihuahua and is former President of the Chihuahua chapter of the Association of Professional Geologists, Geochemists and Metallurgists of Mexico. 39

  39. Board of Directors Marc Legault Mr. Legault is Vice-President, Project Development with Agnico-Eagle Mines Ltd. in Toronto and has held several positions within Agnico-Eagle including exploration geologist, mining geologist and chief geologist at the Laronde Division, a 7,000 tonne-per-day underground gold-silver-copper-zinc mine. He was instrumental in convincing Agnico-Eagle of the potential of its Pinos Altos epithermal gold-silver mine in Chihuahua, and is currently managing the exploration and evaluation program at Pinos Altos while evaluating other mining opportunities in Mexico. A graduate of Queen's University with a B.Sc. with Honours in geological engineering and an M.Sc. in geology from Carleton University, Mr. Legault is also a licensed professional engineer in both Ontario and Quebec, and served on the CIM committee that developed the Estimation of Mineral Resources and Mineral Resources Best Practice Guidelines. Andrew MacGregor Robertson Dr. Robertson was one of the founding partners of the international mining and geotechnical consulting firm SRK. In 1995, he left SRK to found the mining geotechnical engineering firm Robertson Geoconsultants Inc. He is also the founder and Chairman of INFOMINE Inc., the operators of the premier mining information site on the Internet - InfoMine.com. Dr. Robertson was a key figure in the start up of Gemcom Software International Inc. (GSI), and since its inception has been active in the strategic direction of the Company. GSI is one of the leading developers and suppliers of exploration, reserve calculation, mining engineering and planning software. 40

  40. Board of Directors (cont’d) David Moore, P. Geo Mr. Moore is President & CEO of Serengeti Resources Inc. Prior to joining Serengeti, David had a 30 year career with Teck Cominco; including management of Cominco Ltd.’s Western Canadian and Canadian Exploration groups between 1995 and 1998, and International Exploration group from 1991 to 2001. He has participated in the discovery and delineation of mineral deposits in a number of countries including leading the drill-out of the world class Red Dog zinc-lead deposit in Alaska. He brings experience and expertise from grassroots prospecting, to resource delineation, to exploration management and international business development.  Since joining Serengeti in 2004 Mr. Moore has been instrumental in transforming the company into a successful British Columbia based mineral explorer. Moving early to acquire a large land package in the highly prospective Quesnel trough, he has raised more than $30 million in equity financing and in late 2006, along with partner Myron Osatenko, lead the discovery of the Kwanika copper-gold deposit. The significance of this discovery was recognized by AMEBC in 2011 when Mr. Moore was co-awarded the prestigious H.H. “Spud” Huestis Prospector of the Year Award. Edward Sorbara • Mr. Sorbara, a very successful businessman in Toronto, is one of the principals of 'The Sorbara Group', which has extensive holdings in real estate, construction and insurance. 41

  41. Financial Profile 42

  42. Contact Information CORPORATE OFFICE – MEXICO Minera Delta S.A. de C.V., C. Juan Felipe Orozco #516 Col. San Felipe, 31240 Chihuahua Chihuahua, Mexcio Telephone and Fax:011.52.614.414.6226 Ing. Daniel Nofrietta Fernandez E-mail: dnofrietta@hotmail.com Connect with us on Twitter: @GoldenGoliath CORPORATE OFFICE – CANADA Suite #711, 675 West Hastings Street Vancouver, BC, CanadaV6B 1N2 Telephone:604.682.2950 Fax:604.685.3764 E-mail:jps@goldengoliath.com

More Related