Warrant terms amended



    TSX.V: GNG
    US: GGTH-F

    VANCOUVER, Jan. 30 /CNW/ - Golden Goliath Resources Ltd. wishes to inform
its shareholders that, subject to regulatory approval, it has amended the
terms of 4,415,750 warrants issued February 15, 2006, to extend the term of
the warrant for an additional three months. The warrants will remain
exercisable at a price of $0.45 per share and will expire on May 15, 2007.

    ON BEHALF OF GOLDEN GOLIATH RE

SOURCES LTD. J. Paul Sorbara, M.Sc., P.Geo. President The TSX Venture Exchange has not reviewed and does not approve or disapprove the adequacy or accuracy of this release.

For further information:

For further information: about Golden Goliath Resources Ltd. visit our
website at: www.goldengoliath.com

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Golden Goliath Resources Ltd.

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