LAS BOLAS/ LOS HILOS (URUACHIC)

Golden Goliath Resources announced that the recently sampled gold and silver zone within the Mosca de Plata workings on the Los Hilos ridge, has been extended. The Los Hilos ridge is a roughly north south topographic feature that is 1,400m long, 200 to 400m wide and up to 175m high. This ridge lies on the eastern side of the Las Bolas property, about 1,100m from the entrance to the Las Bolas tunnel, and is roughly perpendicular to the three main Las Bolas mineralized trends. Several old workings have been identified within the Los Hilos ridge and they occur over a vertical interval of 105m. The Filo de Oro is a disseminated gold and silver target zone running along the crest of the ridge. It varies in width from 10 to 70m and has been traced over 400m and is open in both directions.

Golden Goliath Resources announced that a new zone of gold and silver mineralization has been identified on Las Bolas property. The Los Hilos Ridge, or Filo de Oro, is a north-south feature that lies at the far eastern edge of the Las Bolas property. The ridge itself is about 1,400 metres long, 200 to 400 metres wide and up to 175 metres high. Several old workings have already been identified that occur over a vertical interval of 105 metres. The Mosca de Plata chip sampling program has confirmed the entire length of the workings is mineralized. The sampling returned an average of 0.98 g/t gold and 104.8 g/t silver over an approximate length of 38m. Within this mineralized length, a 3.7m wide zone returned 2.69 g/t gold and 112 g/t silver.

Golden Goliath Resources announced the results from the preliminary NI 43-101 mineral resource estimate for the Las Bolas Silver-Gold Property in Chihuahua State, Mexico. The inferred resource at a 124.40 g/t Ag cut off is 478,409 t @ 434.07 g/t Ag for 6,676,460 oz silver and 15,012 oz gold. The report also estimates the upper and lower range of the potential target at Las Bolas which is 16,362,000 tonnes @ 213 g/t silver totaling 112 million ounces silver and 6,135,750 tonnes @ 151 g/t silver totaling 30 million ounces of silver, respectively.