Golden Glory Resources is engaged in mineral exploration. The Company's primary project is the La Frontera Gold Project located in the Aguadas Department, in Caldas, Colombia. Golden Glory acquired its leases on the La Frontera through a transaction with a Colombian company and now holds a 100% percent working interest in the property.
The Project is being pursued as a potential bulk-tonnage, gold-silver target.
The La Frontera Project is in the Aguadas, Department Of Caldera, which has a history of gold and silver production. This region has been a productive mining area since before the Spanish came to South America. This history provides adequate infrastructure, access, security and an available workforce to support development of the potential mineral resources at La Frontera.
The La Frontera Property is located approximately 60 kilometers south of Medellin, Colombia. A NI43-101 report being completed on the La Frontera Property identifies the potential for gold in both veins and a porphyry structure on the leases. Mineralization on the La Frontera Property has only been explored through surface sampling, but its structure, geology and mineralization type suggest there is the potential for low grade, bulk tonnage gold and silver according to the geologist's review.
Golden Glory Resources is exploring the La Frontera Project to more accurately assess the ultimate potential for gold and silver resources with a view toward establishing production.
Historically, Colombia has been one of the largest gold producers in the world and the Colombian mining industry remains one of the most dynamic and promising sectors of the Colombian economy.
Golden Glory Resources S.A. has corporate offices and field exploration operations in Colombia. It is a wholly owned subsidiary of Goff Corporation, a public company listed on the OTC exchange under the symbol OTC-GOFF. |