Goliath Intersects Abundant Visible Gold Within 96.50 Meters Of Mineralization At Surebet High-Grade Gold Discovery, Golddigger Property, Golden Triangle, B.C.

Core Insights - Goliath Resources Limited has reported significant gold mineralization in drill hole GD-25-302, with six occurrences of visible gold within a 96.50 meter interval, indicating strong potential for high-grade gold in the Bonanza Zone of the Golddigger Property [7][8][11] - The ongoing drill program for 2025 has been increased from 40,000 meters to 60,000 meters, focusing on systematically exploring the Surebet Discovery and its potential Motherlode magmatic source [9][11] - The company has identified multiple intervals of visible gold in previous drill holes, reinforcing the potential for expanding the mineralized footprint at Surebet [9][12] Company Overview - Goliath Resources is an explorer of precious metals in the Golden Triangle of British Columbia, controlling the Golddigger Property, which spans 91,518 hectares [14][20] - The Surebet Discovery has shown exceptional metallurgy with gold recoveries of 92.2% from gravity and flotation methods, indicating favorable conditions for economic extraction [15][27] - The company has drilled a total of 92,000 meters between 2021 and 2024, leading to a refined geological model that supports ongoing exploration efforts [12][19] Exploration and Drilling Activities - The 2025 drill campaign will utilize nine drill rigs to explore the full geometry and extent of the Surebet discovery, including testing for the Motherlode magmatic source and additional Eocene-aged dykes [11][12] - Recent re-logging of core from previous drill holes has revealed new intervals containing visible gold, further enhancing the exploration potential of the Surebet system [9][11] - The company has identified 12 vertically stacked gold-mineralized veins and four gold-mineralized dykes, indicating a robust mineralization system that remains open for further exploration [12][27] Geological Context - The Golddigger Property is located in a geologically rich area known for hosting significant gold mines, enhancing the potential for discovery and resource development [14][20] - The mineralization footprint at Surebet is approximately 1.8 km, equivalent to over 336 NFL football fields, and remains open in all directions, suggesting substantial exploration upside [12][27] - A recent study by the Colorado School of Mines has provided new insights into the ore-forming processes at Surebet, indicating a common causative Reduced Intrusion Related Gold source [12][18]