Welcome to Golden Goliath Resources Ltd.
Golden Goliath Resources Ltd. has a portfolio that includes two 100% owned gold properties in Ontario, Wish Ore and Kwai (Dixie Road project), one 100 % owned REE property in Quebec (Victory 21) and has recently announced that it has entered into a Partnership Agreement with Nexgold International Mining Company (“Nexgold”) to explore and develop the West Gabal El Dehies Concession in Wadi Al-Alaqi in the Eastern Desert, in the Republic of Egypt.
The Wish Ore property is located about 50 miles north of Sault Ste Marie and has excellent road access off the Trans-Canada highway. The Kwai property lies in the Red Lake District just south of the former Great Bear Resources property which was recently acquired by Kinross.
The Victory 21 REE property has excellent infrastructure with hydro power facilities and access with highway 389 and secondary access provided by recent forestry activities.
At the West Gabal El Dehies Concession in Egypt Golden Goliath will hold a 29.5% interest and Nexgold will hold a 10% interest. The remaining 60.5% is held by a local company and government controlled company. The West Gabal El Dehies Concession is 15.45 square kilometres located 190 kilometres by road from Aswan. There has been a long history of artisanal mining in this area dating back to the times of the Pharaohs.
Golden Goliath has been granted the right to participate in this Partnership pursuant to the Services Agreement entered into with Petko Resources Pty Ltd. (see news release dated September 12, 2025). Golden Goliath will hold a 29.5% interest and Nexgold will hold a 10% interest. The remaining 60.5% is held by a local company and government controlled company. Golden Goliath and Nexgold will be responsible pro rata for all operating and capital costs. Capital assets purchased pro rata will be owned by the Partnership. Nexgold will be the operator as they are registered in Egypt and will be entitled to management fees as is typical for a transaction of this type.