Our research shows that the previous drilling has intercepted "extensive silicification", suggesting the presence of an epithermal gold-silver system with anomalous values of zinc and lead.- Warwick Calasse, President, Goff Corp.
Medellin, Colombia (PRWEB) April 09, 2013
Goff Corporation ("Goff" or “the Company”) (OTCQB: GOFF) reports that its wholly owned subsidiary Golden Glory Resources Inc. has obtained previous drilling data on its Gavia Gold Project in Marmato, Colombia, which it is using to determine gold/silver targets on the highly prospective leases. The data, which was gathered from public reports of extensive drilling on the property, indicated the potential for 20 million ounces of contained gold.
Company President, Warwick Calasse explains, “The information we are gathering points us to a specific model. The Gavia zone on our Gavia leases has been defined solely on the basis of anomalous gold values and not on any known structural control. Reports state the entire rock mass appears to be affected by intense hydrothermal alteration and not just certain selected areas. In simple terms, there is the potential for gold of a true epithermal style. Just how much gold and where to drill for it? That’s what the drilling model could help determine. We are very fortunate to have previously drilling to work from in establishing our approach.”
According to the reports, the Gavia zone alone could contain in excess of 200 million tonnes to a depth of 250 meters possibly grading 3 g/t gold or potentially 20 million ounces of contained gold. The basis of the 250 meters depth is based largely on the elevation difference of the property in which gold mineralization is known to occur.
The Gavia zone has minimum dimensions of 900 meters by 400 meters as defined by gold in soil values exceeding 0.1 g/t (100 parts per billion).
Management expects to develop its drilling program to include several thousands of meters of drilling in existing tunnels and open channels on the Gavia Gold Project, including up to a 20-hole exploration program using diamond drilling.
Calasse states, “Our research shows that the previous drilling has intercepted "extensive silicification", suggesting the presence of an epithermal gold-silver system with anomalous values of zinc and lead. Our approach would be to support the previous view and expand the specific data using our strong capabilities that are being established in Colombia even as this data is being evaluated. Obviously, if we can secure the data to support a massive gold potential of 20 million ounces of gold on any one of our leases, that’s the path to major success. For that reason, the exploration and drilling model and approach at Gavia are paramount.”
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 is assessing multiple projects for their potential as gold and silver prospects. 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.
For more information see http://www.goffcorporation.com
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