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Goliath Intersects 10.62 g/t Gold Over 22.82 Meters, Drilling Maintains 100% Hit Rate, 95% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Globenewswire·2025-08-26 10:26

Core Viewpoint - Goliath Resources Limited has reported exceptional assay results from its drilling program at the Surebet Discovery, indicating significant gold mineralization and strong potential for further resource expansion in the Golden Triangle of British Columbia [9][10][12]. Drilling Results - Drill hole GD-25-337 intersected 10.60 g/t Au over 22.82 meters, including 15.19 g/t Au over 15.71 meters, with notable intervals of 37.28 g/t Au and 36.11 g/t Au [9][11][18]. - 100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization, and 95% of the 2025 drill holes contain visible gold (VG-NE) [6][9][18]. - The 2025 drilling campaign has completed 65 holes (45,000 meters) with 50 holes remaining, targeting a total of up to 60,000 meters [9][11][12]. Geological Insights - High-grade gold has been identified in three distinct rock packages: quartz-sulphide breccias/stock work veins, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and calc-silicate altered breccia [12][18]. - The mineralization footprint at Surebet extends over 1.8 km, indicating significant untapped discovery potential [18][19]. Future Exploration Plans - The company plans to continue its aggressive drilling program, focusing on testing for a Motherlode magmatic intrusive gold source and expanding known mineralized veins [12][18]. - The detailed drill plan includes infill drilling to increase density in high-grade areas and testing zones where different styles of gold mineralization intersect [12][18]. Infrastructure and Location - The Golddigger Property, controlled by Goliath, covers 91,518 hectares in a highly prospective geological setting, close to significant historical gold mines [19][30]. - The property is well-positioned with access to infrastructure, including a permitted mill site and barge access to Prince Rupert [21][22].