Corporate PresentationFebruary 2013
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 9.6 million ounces of gold 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
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
■ Las Bolas/Los Hilos: Earn-in agreement with Agnico-Eagle
■ 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
4 km
San Timoteo
Oteros
Las Bolas/Los Hilos:
Agnico-Eagle Earn-In
Corona: Comstock Metals JV
Orisyvo
Rio Oteros
Nueva Union
Nopalera
Reforma
Peñoles
La Barranca
Fresnillo PLC
Fresnillo PLC’s Orisyvo Deposit
Located adjacent to Golden Goliath’s Nopalera Project
Indicated and Inferred Resources to date: 9.6 M oz Au
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)
Orisyvo Exploration Camp
8
Orisyvo drills as seen from Nopalera
9
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
10
Regional Structural Setting
11
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
12
Photos: Nopalera and Orisyvo
Nopalera
Orisyvo
Las Bolas
Nopalera AlterationAs Viewed from Orisyvo
View Towards OrisyvoAlong Rio Oteros
Orisyvo Drilling
Nopalera Close-upNopalera AlterationAs Viewed from Orisyvo
Nopalera DikesNopalera Outcrops
Alteration Close-up
Stockwork Veining
Stockwork Veining2
Nopalera - Alteration Zone
1,000m
N
3,000m
Intense Alteration Zone, Largest in the
Uruachic Mining District
8 km to Fresnillo’s Orisyvo Gold Deposit
(9.2 MOz Gold)
Historical Workings
Historical Workings
Porphyry Centre with Argillic caps
Nopalera Geology and Structure
16
Nopalera Clay Alteration
17
Nopalera Gold Geochemistry
18
Nopalera Generalized Geology and Section Line
19
Nopalera – Orisyvo Vertical Section Looking NE
20
21
Golden Goliath Projects In Uruachic Mining District
■ Las Bolas/Los Hilos: Earn-in agreement with Agnico-Eagle
■ 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
4 km
San Timoteo
Oteros
Las Bolas/Los Hilos:
Agnico-Eagle Earn-In
Corona: Comstock Metals JV
Orisyvo
Rio Oteros
Nueva Union
Nopalera
Reforma
Peñoles
La Barranca
Fresnillo PLC
Current Access Road Before Upgrade
22222222
Access Road Being Upgraded
New Bridge Construction
Upgraded Road Before Paving
25
Turnoff Leading To Uruachic
26
Paved Highway
27
28
Golden Goliath Projects In Uruachic Mining District
■ Las Bolas/Los Hilos: Earn-in agreement with Agnico-Eagle
■ 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
4 km
San Timoteo
Oteros
Las Bolas/Los Hilos:
Agnico-Eagle Earn-In
Corona: Comstock Metals JV
Orisyvo
Rio Oteros
Nueva Union
Nopalera
Reforma
Peñoles
La Barranca
Fresnillo PLC
2,0
00
m
3,0
00
m
1,600 m
200 m
1,0
00
m
0m
800 m
0.6,1851/30cm
0.21,509/30cm
3,000mOpen
La Morena
Las Bolas Tunnel
Guadalupana
El Corazon Gambusino
Frijolar
Arbolito
El Manto
Open
Silicosa
1,800 m
1,400 m
400 m
1,000 m
1,200 m
2.11,27
Station 37
Gambusino
Frijolar
Station 19
327/15.3m
62/4.6m
3.22,154/12.2m
303/6.2m
100/6.24m
El Arbolito
224/7.22m
El Corazon
Guadalupana
Las Bolas Tunnel
La Morena Providencia
1,400 m
Las Bolas Generalized Section-Looking North
Legend0.9,52/3m=Gold gpt, Silver gpt /Width(metres)303/6.2m=Silver gpt / Width (metres)
Drill Hole trace with mineralized interval
0.28,101/3.6m
1.2,366/1.9m
0.5,222/3.23m
Providencia
0.1Au,43Ag,0.2%Cu,0.65Pb,1.6%Zn / 4m
700m
Open600 m
San Luis2San Luis
El Maguachi
597/3.06m
Los Hilos Tunnel
Mosca de Plata
Gold,Silver gm/tonne Width (metres)
1.25 Gold, 577 Silver gm/ tonne
45m Length
12.6
m W
idth
*
Las Bolas - Station 19 Underground Chip Sampling-2009
N
* Cumulative Width;Average Vein Width 2.12m
Station 19
500m
Mesa SecaLas Bolas
LOCATIONMAP
GAMBUSINOENTRANCE
LAS B
OLA
SLA
S B
OLA
S
Gold,Silver g/tWidth (m)
4.7 Gold, 485 Silver g/t30.6m Length
Las Bolas-Station 37- ”Zone A” Underground Chip Sampling
N
Station 37
500m
Mesa SecaLas Bolas
LOCATIONMAP
LAS BOLAS
Station 37
Zone A
10m
10m
Wid
th*
* Cumulative Width;Average Vein Width 2.12m
Los Hilos West-Long Section-Looking North
0.9,52/3m
0.79g/t Au,141g/t Ag/47m
0.28g/t Au, 44g/t Ag/51m
Palo Dulce
Mosca de Plata
LEGENDDrill Hole Pierce Point(Reverse Circulation drill-hole average drilling recoveries of 64%)
Gold gm/tonne, Silver gm/ tonne / Length (m)
Mineralized Zone
0.25g/t Au, 35g/tAg /51m
B04-08 B04-07
Scale
metres
0 50 100
FILO de ORO
78.1g/t Au, 204 / 0.50m 0.43g/tAu, 30g/tAg / 1.1 m
6.74g/tAu, 136g/tAg / 0.95 m4.21g/tAu,122g/tAg / 0.55 m
6.78g/t Au,202.73g/t Ag/19.06m
Los Hilos West Tunnel
3.90g/t Au,133.82g/t Ag/36.5m1.53g/t Au,54g/t Ag/208m
1.29g/t Au,29g/t Ag/57m
Open
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Golden Goliath Projects In Uruachic Mining District
■ Las Bolas/Los Hilos: Earn-in agreement with Agnico-Eagle
■ 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
4 km
San Timoteo
Oteros
Las Bolas/Los Hilos:
Agnico-Eagle Earn-In
Corona: Comstock Metals JV
Orisyvo
Rio Oteros
Nueva Union
Nopalera
Reforma
Peñoles
La Barranca
Fresnillo PLC
San Timoteo – San Martin Tunnel Gold
0 50 100
metres
ST-08-07
ST06-08
ST08-23Hole Abandoned
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
5.93 g/t gold / 1.6m1.47 g/t gold / 5.3m
1.40 g/t gold / 2.0m
0.05070.05070.05070.05070.05070.05070.05070.05070.0507
0.0050.0050.0050.0050.0050.0050.0050.0050.005
0.007540.007540.007540.007540.007540.007540.007540.007540.00754
6.516.516.516.516.516.516.516.516.51
0.7340.7340.7340.7340.7340.7340.7340.7340.734
0.2520.2520.2520.2520.2520.2520.2520.2520.252
0.07110.07110.07110.07110.07110.07110.07110.07110.0711
0.1170.1170.1170.1170.1170.1170.1170.1170.117
0.1270.1270.1270.1270.1270.1270.1270.1270.127
0.1520.1520.1520.1520.1520.1520.1520.1520.152
1.551.551.551.551.551.551.551.551.55
0.4290.4290.4290.4290.4290.4290.4290.4290.429
0.01520.01520.01520.01520.01520.01520.01520.01520.0152
0.02790.02790.02790.02790.02790.02790.02790.02790.0279
0.007540.007540.007540.007540.007540.007540.007540.007540.00754
0.007540.007540.007540.007540.007540.007540.007540.007540.00754
0.007540.007540.007540.007540.007540.007540.007540.007540.00754
LEGENDGold g/t
Drill Hole
Rock Chip Sample
0 50 100
metres
San Timoteo – San Martin Tunnel Silver
LEGENDSilver g/t
Drill Hole
Rock Chip Sample
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
110 g/t silver / 4.5 m
1,545 g/t silver / 6 m
191 g/t silver / 7.5 m
229 g/t silver / 3.0 m
0.1
0.706
0.706
0.706
0.706
135
15.9
23.1
29.8
57.7
11.6
1.31
1.92
3.13
7.38
5.56
1,550
ST07-04ST07-08
ST08-13
Uruachic Regional Deposits
Project Company No. of
DH’s
Meters Drilled
Reserves / Resources
Distance to Uruachic
Pinos Altos Agnico-Eagle Mines
514 123,012 3.3 M oz Au & 92.0 M oz Ag – Proven & Probable Reserves
44.8 km NW of Uruachic
Ocampo AuRico Gold (formerly
Gammon Lake Resources)
179 33,731 1.47 M oz Au & 63.0 M Oz Ag – M&I Resources
910,000 Oz Au & 53.7 M oz Ag –
Inferred Resources
28.6 km N of Uruachic
Palmarejo-Trogan
Palmarejo Silver & Gold
732 126,372 870,200 Oz Au & 71.8 M Oz Ag – M&I Resources
36 km SE of Uruachic
San Miguel Paramount Gold & Silver
213 47,560 976,500 oz Au & 72.6 M oz Ag – Indicated
& Inferred Resources
51 km S of Uruachic
Orisyvo Fresnillo PLC 180 66,000 9.6 M Oz Au – Indicated & Inferred
Resources
7 km SE of Uruachic
Las Bolas/ Los Hilos
Golden Goliath Resources
11 1,554 7.0 M Oz Ag & 15,000 Oz Au
Inferred Resource
@
31.1 g/t Ag cut off (43-101 compliant) 30 M – 112 M Oz Ag “Potential Target”
-- 50 km
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Golden Goliath Projects In Uruachic Mining District
■ Las Bolas/Los Hilos: Earn-in agreement with Agnico-Eagle
■ 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
4 km
San Timoteo
Oteros
Las Bolas/Los Hilos:
Agnico-Eagle Earn-In
Corona: Comstock Metals JV
Orisyvo
Rio Oteros
Nueva Union
Nopalera
Reforma
Peñoles
La Barranca
Fresnillo PLC
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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.
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Board of Directors
Marc LegaultMr. 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 RobertsonDr. 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.
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Board of Directors (cont’d)
David Moore, P. GeoMr. 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.
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Financial Profile
Shares Outstanding 106,660,889
Warrants 11,998,888
Options 8,190,000
Fully Diluted 126,839.777
Exchange TSX Venture
Symbol GNG
52-Week Range $0.05 - $0.24
CORPORATE OFFICE – CANADA
Suite #711, 675 West Hastings Street
Vancouver, BC, Canada V6B 1N2
Telephone: 604.682.2950 Fax: 604.685.3764
E-mail: [email protected]
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: [email protected]
Connect with us on Twitter: @GoldenGoliath
Contact Information