Golden Goliath Resources Ltd - Mining Stock Analysis & Updates
Latest News and Market Performance for Golden Goliath Resources Ltd
Perm ID: 1-4295861651
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Golden Goliath Reduces Number of REE Projects
Golden Goliath Resources Ltd. has dropped its option on the Ernest REE project in Quebec but retains three other 100% owned REE properties in the region. The company is conducting exploration activities, including surveys and mapping, on these properties.
Golden Goliath Sells Mexican Exploration Assets
Golden Goliath Resources Ltd. has sold its remaining Mexican exploration assets to a subsidiary of Fresnillo plc for USD $75,000, with half paid on signing and the remaining balance to be registered with Mexican authorities. Additional royalties were sold for USD $25,000, and further concessions will be sold for $50,000 upon certain conditions being met. Golden Goliath is now focusing on its owned gold properties in Ontario and four REE projects in Quebec. The asset sale in Mexico helps reduce carrying costs and increase working capital.
