By Deborah Bacal
Proactive Investors
Golden Goliath Resources is looking forward to next year, in anticipation of the first ever diamond drilling program on the Nopalera property in Mexico, with hopes of uncovering a “company-building” gold deposit at the site.
This past year has seen many junior explorers struggle to stay afloat, but Golden Goliath’s president, Paul Sorbara, insists that in spite of these challenging conditions, the company still has “several groups currently interested in [its] financing efforts.”
Once a financing is completed, exploration on its Nopalera property will continue as planned, he adds in a message to shareholders. This past year, the company conducted a surface exploration program, but drilling was delayed due to financing reasons.
As a result, the gold explorer continued to collect and refine data to define drill targets on the property. It also revisited older data on the La Reforma, San Timoteo and Nueva Union properties in light of the new exploration model generated by the Orisyvo model, a deposit owned by Fresnillo.