Goliath Gold is a South African incorporated mining exploration company listed on the main board of the JSE in the ‘Mining: General Mining’ sector, issuer code GGM. The company holds gold prospecting rights over several contiguous areas in South Africa’s Witwatersrand Basin in the Gauteng Province as well as a prospecting right for heavy mineral sands over an area within South Africa’s Western Cape Province. Currently the company is awaiting the granting of two additional gold prospecting rights over areas contiguous to its existing Witwatersrand Basin assets, as well as a prospecting licence over a greenfield area in Etendeka, Namibia.

The majority of the company’s existing Witwatersrand Basin assets were acquired from Gold One by way of the issue of Goliath Gold ordinary shares, resulting in Gold One International, through its wholly owned subsidiary Gold One Africa, acquiring a 72% controlling interest in the company.

Goliath Gold has an established mineral gold resource base of over approximately 12 million ounces, compliant with the South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code). Potential diversified commodities are also being considered.