Golden Goliath Resources – Update on San Timoteo 2016 Work Program

News Release – June 17, 2016

The Company is awaiting the report from its recent work program on its 100% owned San Timoteo property, discussed in the March 16, 2016 press release, and is fully disclosed at the present time. The Company is unaware of any reason for the recent surge in its share price.

The 2016 program on San Timoteo involved using the Company’s Terraspec machine to analyze clay minerals from existing drill core and other samples especially from the area of the 500 level San Martin adit. This will allow the company to build a 3D model of clay mineralogy which will aid in the planning of future drill holes.

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