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FOR IMMEDIATE RELEASE

INCENTIVE STOCK OPTIONS

Vancouver, Canada, May 7, 2010 - Golden Goliath Resources Ltd. (TSX.V:GNG) (US:GGTH-F) is pleased to announce that The Company has granted 1,600,000 incentive stock options to directors and officers of the Company and 1,100,000 incentive stock options to employees and consultants of the Company at a price of $0.25 per share exercisable for a period of five years.

To find out more about Golden Goliath visit www.goldengoliath.com.

FOR MORE INFORMATION CONTACT:
Golden Goliath Ltd.
J. Paul Sorbara, M.Sc., P.Geo
President & CEO
Phone: +1(604)-682-2950
Email: jps@goldengoliath.com
Website: www.goldengoliath.com