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Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

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Page 1: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

Corporate Presentation

February 2014

TSX.V:GNG

Exploring Mexico

for

Gold and Silver50km

Page 2: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

2

Overview

Golden Goliath Resources (TSX Venture – GNG.V)

■ Focused on exploration and development of gold and silver resources in the Sierra Madre Occidental Mountains of Northwestern Mexico

■ Controls properties in the historic Uruachic Mining District which is notable for numerous gold and silver mines dating to the Spanish Colonial era

■ Wholly owns all of its claims in the Uruachic District – there are no outstanding options or purchase payments to be made

Page 3: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

3

Investment Thesis

100% ownership of all claims with no further property payments required

■ The asset ownership of most junior mining companies is governed by option agreements with substantial payments

Full flexibility to develop, option out, invite others to option in or sell assets

Control of entire Uruachic District

■ Measures 15 by 25 kilometers

Stable politics and favorable regulatory and tax regimes in Mexico

Page 4: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

4

Strategy

Golden Goliath’s exploration strategy is to

■ Develop its portfolio of prospects

■ Apply modern exploration techniques

■ Seek mineralization near old workings, using surface exploration to identify targets

50 km

RA

ILW

AY

Sierr Madre Gold Silver

Belt

Page 5: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

5

Gold and Silver Prospects

Within Uruachic Camp

■ San Timoteo

■ Las Bolas

■ Nopalera

■ Reforma

■ Oteros

■ Nueva Union

Outside Uruachic Camp

■ Chamizal

■ La Cruz

4 km

Reforma

San Timoteo

Nopalera

Oteros

Las Bolas

Nueva Union

Corona

Rio Oteros

La Barranca

Page 6: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

6

Uruachic Mining Camp

Golden Goliath’s 8,400 hectares of land are located in one of the most prolific gold and silver producing regions in the world

The Uruachic Mining Camp hosts some of the Sierra Madre’s largest and most intense alteration zones

Key attributes include

■ A ready workforce

■ Year-round road access

■ Infrastructure in place

■ Prolific mining history

■ Fully permitted operation

■ Support from the local population

■ Historically high production grades – from 2,200.0 – 17,000.0 g/t Ag and up to 31.1 g/t Au

Page 7: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

7

San Timoteo / Sucursal Area

Includes several claims totaling 793 hectares in north central Uruachic Camp

■ San Timoteo

■ San Timoteo II

■ Oro Leon

■ Las Trojas

■ Bufalo B

Bufalo A Bufalo B

La Lluvia

OroLeon

NuevaUnion

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

Bufalo A Bufalo B

La Lluvia

OroLeon

NuevaUnion

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

San Timoteo 2La Reforma

SanTimoteo

LasTrojas

Page 8: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

8

San Timoteo / Sucursal Area

Sucursal Area is underlain by Dacite overlying Porphyritic Andesite

Northeast-trending structures

Formation is cut with intensely altered dacitic volcanics and minor sedimentary rocks with intrusive bodies

Stockwork veining is extensive in some areas

Numerous old mine workings including the San Martin mine which was the only old mine in the Uruachic camp large enough to have had rail tracks

In 2008 three diamond drill holes targeted the Sucursal structure.

All three drill holes intersected the mineralized structure

2013 Exploration program included rehabilitation and detailed mapping and sampling of all of the San Martin Mine Levels

2013 program defined three high grade subvertical structures as well as mineralized Manto zones

Drilling below the 500 level anticipated

Geology ► Exploration Program ►

Page 9: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Timoteo - Sucursal Project Location Map

Road

San Martin Tunnel

SUDD-08-06

SUDD-08-01

SUDD-08-02

ANDD07-1

Nueva Union

STDD-08-07

500m

N

River

Diamond Drill Hole

Page 10: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Timoteo - Sucursal Drill Hole Assays

Drill Hole

Frommetres

Tometres

Width metres

Goldg/tonne

Silverg/tonne

Pb% 

Zn % 

SU-08-01 100.7 103.9 3.17 0.14 79 -- --

SU-08-01 156.6 167.9 11.26 0.41 142 1.2 1.7

including

SU-08-01 156.6 161.2 4.61 0.59 267 1.9 1.7

Including

SU-08-01 156.6 157.7 1.08 0.46 705 6.6 3.8

SU-08-02 210 214.9 4.87 0.12 175 1.1 1.2

Including  

SU-08-02 213.1 214.9 1.77 0.15 431 2.8 3.2

SU-08-06 217.8 220.3 2.55 0.17 129 0.7 0.3

ANDD07-1 42 44 2.0 0.40 40 -- --

Page 11: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Timoteo - Sucursal Project Location Map

Road

San Martin Tunnel

Nueva Union

STDD-08-07

500m

N

River

Diamond Drill Hole

Page 12: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Martin Mine Multi Level Vertical Section

12

Page 13: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Martin Mine 500 level Preliminary Sampling (Au)

0 50 100

metres

ST-08-07

ST-06-08

ST-08-23Hole Abandoned

5.96 gold gm/tonne / 20m

6.72 gold gm/tonne /10m

6.79 gold gm/tonne (grab)

1.14 gold gm/tonne / 8.5 m

5.93 gold gm/tonne / 1.6m1.47 gold gm/tonne / 5.3 m

1.40 gold gm/tonne / 2.0 m

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 gm / tonne

Drill Hole

Rock Chip Sample

Page 14: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

0 50 100

metres

San Martin Mine 500 Level Preliminary Sampling (Ag)

LegendSilver gm / tonne

Drill Hole

Rock Chip Sample

202 silver gm/tonne / 20m

141 silver gm/tonne /10m

2,156 silver gm/tonne (grab)

428 silver gm/tonne / 8.5 m

110 silver gm/tonne / 4.5m

1,545 silver gm/tonne / 6m

191 silver gm/tonne / 7.5 m

229 silver gm/tonne / 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

ST-07-04ST-07-08

ST-08-13

Page 15: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Martin 500 level Detailed 2013 sampling (Au)

15

Page 16: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Martin Mine 500 level Shoots and Mantos (2013)

16

Page 17: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

San Timoteo Property, San Martin Mine Going Forward

Golden Goliath is currently (early 2014) working on 3 d projections of the high grade shoots below the 500 level of the San Martin Mine

The Company would like to drill these targets, possibly in conjunction with new down-hole IP technology

17

Page 18: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

Uruachic Neighboring Deposits

Project Company No. of DH

Meterage Reserves /

Resources

Distance to Uruachic

Pinos Altos Agnico-Eagle Mines

514 123,012 2.2 M oz Au & 65.6 Moz Ag –Prob. Reserves

44.8 km NW of Uruachic

Ocampo

(NE Area Resouce Only)

Gammon Lake Resources

179 33,731 316,600 Oz Au & 13,351,000 Oz Ag – M&I Resources

116,500 Oz Au & 7,523,000 Oz Ag- Inferred

28.6 km N of Uruachic

Palmarejo-Trogan

Palmarejo Silver & Gold

732 126372 971,000 Oz Au & 89,260,000 Oz Ag –M&I

36 km SE of Uruachic

San Miguel Paramount Gold & Silver

213 47,560 96,000,000 oz AgEq.

-Inferred Resources

51 km South of Uruachic

Orisyvo Fresnillo Plc 180 66,000 6 M Oz Au 7 km SE of Uruachic

Las Bolas 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

Page 19: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

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Management Team

J. Paul Sorbara (also a Director)

Mr. Sorbara, President 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. Changes in the foreign investment laws made investment in Mexico feasible, and 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 (also a Director)

Stephen Pearce, CFO, 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 (also a Director)

Ing. Nofrietta 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.

Page 20: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

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Board of Directors

Apart from Paul Sorbara, Stephen Pearce and Daniel Nofrietta, Golden Goliath has 4 more distinguished individuals on its 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 and mining geologist and is now 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 project 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 has become one of the leading developers and suppliers of exploration, reserve calculation, mining engineering and planning software.

Page 21: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

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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.

Edward SorbaraMr. 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.

Page 22: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

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Financial Profile

Shares Listed October 17, 2000

Shares Outstanding 106,660,889

Warrants 11,988,888

Options 6,750,000

Fully Diluted 125,399,777

Exchange TSX Venture

Symbol GNG

52-Week Range $0.235 - $0.04

Page 23: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

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Major Shareholders

Shareholder Name % of Total Shares

Concept Capital Management 13.5%

Sprott Assett Management,Toronto, Ontario

8 %

Agnico-Eagle Gold Mines, Toronto, Ontario 7 %

Large Shareholders in Europe and Asia

Page 24: Corporate Presentation February 2014 TSX.V:GNG Exploring Mexico for Gold and Silver 50km

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Contact Us

Corporate Office – Canada Corporate Office – Mexico

Suite #711 675 West Hastings Street

Vancouver, BC V6B 1N2

Canada

Tel: (604) 682-2950

Fax: (604) 685-3764

J. Paul Sorbara

E-mail: [email protected]

Suite #711 675 West Hastings Street

Vancouver, BC V6B 1N2

Canada

Tel: (604) 682-2950

Fax: (604) 685-3764

J. Paul Sorbara

E-mail: [email protected]

Minera Delta S.A. de C.V.

C. Juan Felipe Orozco #516

Col. San Felipe 31240 Chihuahua, Chih.

Tel and Fax: (011 52) 614 414 6226

Ing. Daniel Nofrietta Fdz

E-mail: [email protected]

Minera Delta S.A. de C.V.

C. Juan Felipe Orozco #516

Col. San Felipe 31240 Chihuahua, Chih.

Tel and Fax: (011 52) 614 414 6226

Ing. Daniel Nofrietta Fdz

E-mail: [email protected]