Goliath Mobilizes For Its Largest Drill Program Of 40,000 Meters With 9 Rigs On The Extensive Surebet High-Grade Gold Discovery That Remains Wide Open Golddigger Property, Golden Triangle, B.C.

Core Insights - Goliath Resources Limited is initiating its largest drill campaign to date, focusing entirely on the Surebet high-grade gold discovery, with a total of 40,000 meters planned for 2025 [6][7] - The 2025 drill program aims to systematically outline the geometry and extent of the Surebet discovery, which remains open for expansion in all directions [5][6] - The company has significantly increased its land package from 66,608 hectares to 91,518 hectares, controlling 56 kilometers of the Red Line geological trend, enhancing its exploration potential [15] Drilling Program Details - The 2025 drill campaign will utilize 9 rigs and will include testing for the Motherlode causative intrusive gold source and 13 potential Eocene intrusive granitoid dykes that have not been previously tested [5][6] - Infill drilling will focus on increasing the density of pierce points in known veins, particularly in high-grade areas from the Bonanza Zone and Surebet Zone intersection [6][7] - The company has drilled a total of 92,000 meters from 2021 to 2024, resulting in over 400 pierce points that have improved the understanding of the Surebet mineralized system [6][15] Geological Insights - Recent studies indicate that there are two temperature regimes responsible for gold mineralization, suggesting a primary and secondary gold enrichment where veins and dykes intersect [7] - The Surebet discovery has predictable continuity and excellent metallurgy, with gold recoveries from gravity and flotation at 92.2%, including 48.8% free gold from gravity alone [9][15] - Four new mineralized shear zones were identified in 2024, significantly increasing the potential tonnage of the system, which remains open [15] Infrastructure and Location - The Golddigger Property is strategically located within 3 kilometers of the Red Line in the Golden Triangle of British Columbia, an area known for hosting significant mines [8] - The property is accessible by tidewater with direct barge access to Prince Rupert, and is close to communities with necessary infrastructure [10][11] Collaborative Research - Goliath Resources is a member of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which supports research aimed at improving geoscience data acquisition and decision-making in mining [12][16]