Resource World Magazine

Resource World - February 2013

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m i n in g Golden Goliath's giant potential by Jennifer S. Getsinger, PhD, PGeo T he story of Golden Goliath Resources Ltd. [GNG-TSXV] is the story of its President and CEO, J. Paul Sorbara, a friendly geologist who wanted to be a rock star. He has attracted a band of excellent players for his mineral exploration company, and working together has resulted in their success. When he was 17, in Ontario, Paul Sorbara dreamed of being a rock musician. He played drums in the Toronto band, Fat Chance, for a couple of years. Then, he met an old prospector, JR Thompson, who told such great stories about prospecting for gold that it inspired Paul to go to university to study geology. In 1979 he received his masters degree on ancient calderas in what is now Nunavut. Cominco snapped him up and sent him to the Durango area on reconnaissance exploration, where he identified almost 40 caldera-hosted, bulk silver and gold project targets for Cominco. For a while he was a consulting geologist and worked with 64 www.resourceworld.com Hi-Tec Resource Management in BC. While in Mexico, Sorbara yearned to find his own gold mine, but the mining regulations at the time made it difficult for small outfits. He watched and waited, and became one of the first junior mineral explorationists to take advantage of a change in federal mining regulations in Mexico in 1991. Sorbara started Minera Delta SA de CV, a fully owned subsidiary of Golden Goliath Resources, and decided to concentrate on the Sierra Madre of Chihuahua. It was a relatively underexplored area at the time, but with experience in caldera precious metal exploration, Sorbara soon rediscovered the Uruachic silver and gold mining camp, established in 1735 by Spanish miners. Through making friends with local prospectors, artisanal and family miners, Sorbara acquired almost the entire mining camp for Minera Delta (Golden Goliath) with 100% ownership and future NSR benefits for the community. Golden Goliath's Minera Delta J. Paul Sorbara M.Sc., P.Geo, President and CEO of Golden Goliath, and Jorge Madrigal on the Nopalera property. Photo Courtesy of Golden Goliath Resources Ltd. uniforms are a welcome sight in the Uruachic area, due to two decades of befriending the local people and helping their community. Sorbara would like to start a family medical clinic in memory of his doctor father, who worked in Mexico. Current property holdings of Golden Goliath cover an area of 15 by 25 kilometres around the town of Uruachic, including hundreds of old workings attesting to the historical productivity of long-term Spanish gold and silver mining in the area. The Sierra Madre Occidental trend has past production of 40 million ounces of gold and 2 billion ounces of silver in 400 years (according to Golden Goliath website). Within Golden Goliath's Uruachic camp holdings, eight main, attractive, gold – silver targets in the collapsed caldera complex are being explored either independently by february 2013

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