Goff Corp. Sub Golden Glory Resources Uses Drilling Data To Determine
Potential Targets Supporting 20 Million Oz Gold Potential On Its Gavia Gold
Goff Corporation subsidiary Golden Glory Resources Inc. is reviewing drilling
data obtained on its highly prospective Gavia Gold Project in the Marmato
Region, Colombia in order to model new drilling supporting the potential for
20 million ounces of epithermal type gold on the leases.
MEDELLIN, Colombia, April 9, 2013 (GLOBE NEWSWIRE) -- via PRWEB - 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
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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This news release contains "forward-looking statements", as that term is
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CONTACT: Goff Corp.
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