Goff Corp. Subsidiary Golden Glory Resources Acquires Additional Gold Project In Marmato Area of Caldas District, Colombia With Multimillion Ounce Potential
Goff Corporation subsidiary Golden Glory Resources Inc has reached an agreement to acquire mineral lease interest in a highly prospective gold property in the Marmato Region in Caldas, Colombia
Medellin, Colombia (PRWEB) April 05, 2013
Goff Corporation's ("Goff" or "the Company") (OTCQB: GOFF) wholly owned subsidiary Golden Glory Resources Inc has reached an agreement to acquire additional leases in the Marmato region, Caldas District, Colombia. The leases, known as the Gavia Properties, are reported to offer multimillion ounce, large tonnage, bulk mineable targets with potential up to three grams of gold per ton average.
Previous drilling has been carried out on the Gavia Property, and revealed gold grades averaging about 1 gram per ton. Historical data indicates the Gavia Property has gold potential of over 20 million ounces, based on mapping, soil samples and existing tunnels.
In additional, management is currently evaluating other gold properties in the Caldas region that are under consideration as acquisition targets.
Goff Corporation President Warwick Calasse states, "The addition of leases in the Marmato area offer our Company a significant opportunity to greatly expand our reach of Colombian gold exploration. We intend to give equal attention to our additional Marmato Project along with our current program on the La Frontera Gold Project. We have a tremendous on-the-ground presence building in the Caldas region in Colombia. It's a great place for us to set our foundational gold projects, which we believe have excellent merit as highly prospective gold and silver."
Golden Glory Resources' initial acquisition of leases on LGC15011 or the "La Frontera Gold Project" are comprised of 1227 hectares of mineral leases in the Aguadas area, also in the Department of Caldas.
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's primary interest is the LGC15011 or "La Frontera" Gold Project in Aguadas, Dept. Of Caldas, Colombia. The project is being assessed for its potential as a low-grade, large bulk tonnage gold and silver prospect. 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 on the La Frontera Property.
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