Golden Goliath Reduces Number of REE Projects

Core Viewpoint - Golden Goliath Resources Ltd. has dropped the option on its Ernest REE project in Quebec while maintaining three other 100% owned REE properties in the same region, including the Victory 21 property which has undergone similar preliminary work and surveys [1][2]. Group 1: Project Details - The Manicouagan Project now consists of three properties located south of the Manicouagan impact crater, with Highway 389 running just north of the Robert Bourassa hydro dam at Manic-5, 215 km north of Baie Comeau [2]. - Initial exploration on these properties included geology, geochemistry, a ground radiometric survey, and a drone magnetic survey completed on the Victory 21 property [2]. Group 2: Geological Context - All three properties are underlain by metamorphic and igneous units, intersected by younger pegmatites, although it remains unclear if the anomalous REE values are linked to the Manicouagan impact event [3]. Group 3: Company Overview - Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange, focusing on exploring and developing gold and silver properties in the Red Lake District of Ontario, and also holds a 100% interest in the San Timoteo property in Mexico [6].