Golden Touch Resources Corp. ("Golden Touch" or the "Company") (TSX
VENTURE:GOT)(FRANKFURT:0GT) is pleased to announce that a ground geophysical
program has commenced on its Rubik Gold Project in Albania.  


The program includes: Induced polarisation (IP) chargeability, resistivity and
ground magnetic surveys and is supplemented by a program of geological mapping
and surface sampling along the geophysics grid lines.  


The program will cover a prospective greenstone belt, trending eastwards from
the Gjazuj Prospect, for a distance of up to seven kilometres.  


The area being investigated includes six separate anomalous "gold in soils" or
"gold in stream sediments" areas. Golden Touch is of the view that the anomalous
areas could represent the outcrops of further, steeply-dipping, gold bearing
shear zones of the type located by drilling at Gjazuj.  


The drilling at Gjazuj has outlined at least nine, separate, steeply-dipping,
mineralized shear zones, striking NW - SE. The Gjazuj shear zones coincide with
one of the anomalous areas and the geophysics program will investigate five more
anomalies, with the view of assisting the targeting of a second round of
drilling. Based on the core logging at Gjazuj, Golden Touch expects that the
magnetics and resistivity will assist in mapping the geology and tectonics
(structure) of the area and it is anticipated that the chargeability will
outline areas of sulphide mineralization. The core logging and mineralogy work
has indicated that the gold mineralization is closely associated with sulphides
introduced during the later stages of the tectonic, alteration and
mineralisation history of the area.  


The geophysical traversing is to be undertaken along one kilometre long lines at
a spacing of 200 metres. Implementation of grid and line clearing by a
topographical contractor ahead of the geophysics program, is already underway.  


The Company geologists have already commenced a program of geological mapping
along each grid line and they are channel sampling any mineralized exposures
that are identified. 


The geophysical program is being undertaken by CFT Engineering Geophysical &
Geological Services, from Turkey. The crew is on site and has started work.  


Ken Chapple, President of Golden Touch, stated that, "I look forward to the
geophysical surveying rapidly delineating gold targets and fast tracking
evaluation of the highly prospective greenstone belt to the east of the Gjazuj
Prospect. The anomalies being tested are similar in nature to the Gjazuj anomaly
where drilling has intersected at least nine separate gold mineralized shear
zones". 


Robert Murdoch, Chairman of Golden Touch Resources, a Fellow of the Australasian
Institute of Mining and Metallurgy and a Fellow of the Australian Institute of
Geo-scientists and hence a qualified person under the meaning of Canadian
National Instrument 43-101, is responsible for the technical content of this
news release. 


On Behalf of the Board of Directors 

Golden Touch Resources Corp.

Rob Murdoch, Chairman

Goliath Resources (TSXV:GOT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Goliath Resources Charts.
Goliath Resources (TSXV:GOT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Goliath Resources Charts.