Mr. J. Paul Sorbara reports

LAS BOLAS / LOS HILOS UPDATE

Golden Goliath Resources Ltd. has received the final report from Agnico Eagle Mines Ltd. on the 2013 drilling program on the Las Bolas/Los Hilos property. The diamond drill program was carried out between May 5 and May 26, 2013, and totalled 930 metres in 10 holes, from which 992 core samples were obtained and sent to ALS Chemex's laboratory for assaying. Five of these drill holes aimed to test the El Orito area, three drill holes were located at the Los Hilos area, and two drill holes were located at the Las Bolas-El Gambusino area. The program aimed to test mineralized structures including veins, stockwork zones, faults and fractures parallel to known mineralized structural trends.

Most of the drill holes encountered altered and broken rock, and some anomalous gold values, and one hole, drilled in the El Orito zone near Los Hilos, returned a significant intersection (1.0 metre at 10.7 grams per tonne gold and 38.0 g/t silver).

The company has been informed that Agnico Eagle Mines Ltd. has elected to terminate the agreement, and all technical information is being delivered to the company.

The company believes that the Los Hilos district still offers the opportunity for gold mineralization throughout the project area, which includes gold-bearing quartz stockwork zones, strongly silicified zones, strong fracture zones hosting iron-manganese oxides, plus numerous known mineral occurrences within small-scale mine workings. Los Hilos, Las Bolas and El Gambusino mines show considerable historical mine development. Management believes that there is still very substantial untested potential on the large Las Bolas/Los Hilos property and will be looking at other avenues to further advance the property.

Meanwhile, the company has been continuing its work within the San Martin tunnel on the San Timoteo property. Recent rehabilitation work has opened four new levels in addition to the original adit, and level and assay plans are currently being prepared for release. The company is pleased with the expansion and assay results to date, and will be reporting the exploration results shortly.

We seek Safe Harbor.