MEDELLIN, Colombia, March 15, 2013 (GLOBE NEWSWIRE) — via PRWEB — Goff Corporation (“Goff” or “the Company”) (GOFF) through its wholly owned subsidiary Golden Glory Resources S.A. (“Golden Glory”), has acquired 100% interest in mineral leases in the Aguadas, Department of Caldas, Colombia area — a region well known for multiple gold discoveries within the past several years as Colombia has opened its doors to global mining interest.

The leases on LGC15011 or known the “La Frontera Prospect” are comprised of 1227 hectares of mineral leases in the Aguadas area, Department of Caldas, located about 60 kilometers south of Medellin in Colombia’s northern region. The leases were acquired 100% from a Colombian mining company.

The Caldas Region is widely regarded in the mining investment community as one of Colombia’s hottest gold exploration and production areas. In 2011 an estimated 55,908 kilograms of gold valued at over USD $2.8 billion were produced in that South American country (Source:USGS Yearbook 2011 Colombia). Approximately two-thirds of Colombian gold production has been from placer deposits in the Department of Antioquia, which is immediacy adjacent to and straddles about 30% of the leases where Golden Glory’s La Frontera Project is located.

Exploration was carried out by previous leaseholders and several artisanal miners have produced gold from the La Frontera property. This data, combined with modern mining approaches and review led to the acquisition and new initiative being launched by Goff subsidiary Golden Glory Resources.

Source:the company, OxBridge Research