October 20, 2006
Goliath Resources Inc. Appoints Chairman
and launches website www.goliathresources.com
Vancouver ,
BC Canada. Goliath Resources
Inc, (PINKSHEETS: (GHRI) ("Goliath")
is pleased to announce it has appointed Andrew
R. McM. Bell as director and Chairman.
Andrew Bell is the representative of the vendor
group holding the Gold and Copper interests recently
acquired by the company. He is the President of BellMin
Limited, a company investing in mineral exploration
as well as in companies in the mineral exploration
and development sectors.
He is currently Chairman of AIM-listed Regency Mines
PLC, Red Rock Resources PLC, and Greatland Gold PLC,
as well as Chairman of Acquarian Gold Corp., and
a director of AIM-listed Ormonde Mining PLC.
After being educated at Eton College, and serving
as an officer in The Life Guards, Andrew Bell obtained
a B.A. and M.A. degree in History from Oxford University,
and a LLB degree from London University.
In the 1970s he was a resource analyst at Morgan
Grenfell & Co (now Deutsche Morgan Grenfell),
following which he ran an offshore Pacific Basin
Fund ranked No. 1 over two and three years by Lipper
Analytical, was Managing Director of a Hong Kong-based
investment bank, and was a director of a private
equity business. Identifying the likely impact of
Chinese and Indian growth rates on commodity demand,
he then returned to the resource business with an
emphasis on the development of deposits capable of
serving those markets.
The BellMin group already controls deposits it considers
world class in Nickel and Manganese, and believes
its gold and copper assets of similar potential.
Goliath now becomes the U.S. flagship of this fast-developing
group.
An occasional writer and broadcaster, Andrew Bell
is a former Parliamentary candidate and a contributing
author to a book of homilies.
The Company is also pleased to announce the launch
of its website; www.goliathresources.com for
Stockholders and the Investment Community.
Safe Harbor
Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains
forward-looking information within the meaning
of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange
Act of 1934, as amended, including statements that
include the words "believes," "expects," "anticipate" or
similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties
and other factors that may cause the actual results,
performance or achievements of the company to differ
materially from those expressed or implied by such
forward-looking statements. In addition, description
of anyone's past success, either financial or strategic,
is no guarantee of future success. This news release
speaks as of the date first set forth above and
the company assumes no responsibility to update
the information included herein for events occurring
after the date hereof.
Contact: Goliath Resources
Inc. Scott Rose (604) 688-2280
