Goff Corp.’s Subsidiary Golden Glory Resources Receives Additional Samples And Data Supporting Potential High Grade Gold Targets On La Frontera Project, Colombia

Share Article

Goff Corporation subsidiary Golden Glory Resources S.A. has retrieved additional samples and data on its La Frontera Gold Project in the Caldas Department of Colombia supporting the potential for high grade gold and silver targets

The more information we obtain on the geology and mineralization on the La Frontera Gold Project, the more encouraged we are about the potential for prospective gold/silver targets on the project. - Warwick Calasse, President, Goff Corp.

Goff Corporation’s ("Goff" or “the Company”) (OTCQB:GOFF) wholly owned subsidiary Golden Glory Resources S.A. reports that samples and data gathered as part of the Company’s additional exploration on its La Frontera Gold Project in Department of Caldas, Colombia are confirming the mineralization type on the sampled areas, and may support the potential for a deeper high grade gold source.

The results were taken from 115 sample results gathered on the La Frontera Gold Project and have shown variable grades of gold of over 40 grams per ton, but with a weighted average of 5.7 grams per ton of gold and showing number of over 10 grams per ton of silver on certain samples. This sampling and data is contained in the group that has been studied so far.

The information is being developed out of previous groundwork being made available to Golden Glory Resources' advance technical and geo-consulting team who are preparing for the Company’s planned Phase One Exploration Program. These samples are reported from a group of seven new trenches. The main vein of this group (La Frontera Vein) shows widths from 0.5 to 1.8 meters.

According to the team, this also indicates the regional geology is part of the geological complex of Batholith of Sonsón and Cajamarca. These are the same formations of the world-class deposit discoveries of “La Colosa” or Cajamarca, Tolima and the Marmato discovery.

Along with the new samples and data, the information gathered shows several artisanal tunnels on La Frontera with depths over 20 meters. There is also an assembly of an artisanal working shop, mills and a staging area.

Golden Glory Resources is developing a comprehensive exploration program for its La Frontera Gold Project. Initial samples have confirmed gold values consistent with the model being developed for large tonnage, low-grade gold and silver targets, and further vein samples showed the presence of path elements such as As, Ba, Cu and others. Considering the porphyritic environment, consultants believe it is possible to expect a large tonnage, low-grade type of deposit and may have potential to intersect a bonanza zone where grades could be higher in the 10x magnitude.

This model has been evolving at Marmato Mountain also in the Caldas, Colombia District, which has a measured, indicated and inferred resource of 14.2 million ounces gold and over 89,000 ounces silver.

Goff Corporation President Warwick Calasse states, “The more information we obtain on the geology and mineralization on the La Frontera Gold Project, the more encouraged we are about the potential for prospective gold/silver targets on the project. This additional data and samples support our model for the property and are helping us increase our knowledge. We plan to use the identification of the region and places with best potential, as well as identification of tunnel locations out of this data set in our drilling design and on-ground efforts.”

The details of the initial samples and geological background are contained in the NI43-101 Technical Report “Technical Report on the LGC-15011 Project, Aguadas, Caldas Department, República de Colombia” for Golden Glory Resources Inc., May 1st, 2013” was prepared by Ricardo A. Valls, P. Geo, of Valls Geoconsultant. Mr. Valls meets the requirements to be a qualified person for the purposes of NI 43-101, and the technical report has been prepared in compliance with the instrument.
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

Contact:
Investor Relations
Tel: +011.57.4.605.2537

###
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking statements”, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as “estimate,” “anticipate,” “believe,” “plan” or “expect” or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with mineral exploration and funding as well as the risks shown in the company’s most recent annual and quarterly reports on Form 10-K and Form 10-Q respectively, and from time-to-time in other publicly available information regarding the company. Other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the company’s ability and level of support for its exploration and development activities. There can be no assurance that the company’s exploration efforts will succeed and the company will ultimately achieve commercial success. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set for herein and should also refer to the risk factors disclosed in the company’s periodic reports filed from time-to-time with the United States Securities and Exchange Commission. This news release has been prepared by management of the company who takes full responsibility for its contents. None of FINRA nor the SEC has approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell of the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Investor Relations
Goff Corp.
011-57-4-605-2537
Email >
Visit website