The data gathered on the project to date suggests that the La Frontera leases offer highly prospective gold and silver targets. - Warwick Calasse, President, Goff Corp.
Medllin, Colombia (PRWEB) March 20, 2013
Goff Corporation’s ("Goff" or “the Company”) (OTCQB: GOFF) wholly owned subsidiary Golden Glory Resources S.A. has announced a multi-phase exploration program for its newly acquired La Frontera Gold Project in Dept. Of Caldas, Colombia.
Goff Corporation President, Warwick Calasse explains, “Our subsidiary Golden Glory Resources has announced a multi-phase exploration program for the La Frontera Gold Project in Colombia. The data gathered on the project to date suggests that the La Frontera leases offer highly prospective gold and silver targets. We are moving immediately to evaluate the technical data and begin ground exploration to establish the potential for gold, which is believed to be of the low-grade, large tonnage type.”
The leases on LGC15011 or the “La Frontera Prospect” are comprised of 1227 hectares of mineral leases in the Aguadas area, Department of Caldas, located about 60 kilometers south of Medellin in Northern Colombia. Roughly 30% of the La Frontera property also straddles the Antioquia region. The Caldas and Antioquia regions are emerging as two of the leading gold producing areas in Colombia, a country that has increased its gold exploration and resultant discoveries dramatically over the past five years. In 2011, the US Geological Survey reported 55,908 kilograms of gold produced with anticipated increases for 2012.
The exploration program on La Frontera is being planned for strategic exploration on known targets and the development of other targets for gold and silver. The Company's main area of focus will include the La Frontera mine worked for 15 years by small Artisanal miners in the region. On the same lease, a collapsed tunnel known as The Bramadora has been located, which according to workers in the region, was made by a company with the same name about 10 years ago.
In addition there are several old underground workings in the fields of middle creek Peñoles, in the creek Los Volcanes and Pelada and near the mouth of the creek Peñoles on the leases. A total of fifteen underground workings have been previously identified on the La Frontera Project.
Golden Glory Resources will employ leading geological consultants and their own geological staff to carry out the exploration program, which is planned to include surface sampling and assays, aerial and satellite geological assessment, enhanced surface and in ground imaging and diamond drilling. This first phase exploration is anticipated within 90 days.
About Goff Corporation
Goff Corporation is a U.S.-based public company. Its wholly owned subsidiary, Golden Glory Resources S.A. is engaged in gold exploration with a view to developing highly prospective gold projects. The Company’s primary interest is the LGC15011 or “La Frontera” Gold Project in Aguadas, Dept. Of Caldas, Colombia. The project is being assessed for its potential as a low-grade, large bulk tonnage gold and silver prospect. Colombia is currently one of the leading gold mining areas in the world producing over 55,509 kilograms of gold (2011), primarily from the region where Goff’s subsidiary Golden Glory Resources holds leases on the La Frontera Property.
For more information see http://www.goffcorporation.com
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