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Goliath Intersects Several High-Grade Gold Holes Including 8.45 g/t Au Over 7.13 Meters, Within 5.13 g/t Au Over 12.00 Meters, Drilling Maintains 100% Hit Rate, Surebet Discovery Remains Open, Golddigger Property, Golden Triangle, B.C.
Globenewswireยท2025-09-22 10:22

Core Viewpoint - Goliath Resources Limited has reported significant assay results from its 2025 drill program at the Surebet Discovery, indicating high-grade gold mineralization and substantial continuity across multiple drill holes, suggesting the potential for a major gold discovery in the Golden Triangle of British Columbia [7][8][19]. Summary by Relevant Sections Drill Results - Drill hole GD-25-365 intersected 8.45 g/t Au over 7.13 meters, including 17.20 g/t Au over 3.35 meters, confirming the presence of substantial quartz-sulphide mineralization [7][9]. - 100% of the drill holes completed to date on Surebet have intersected significant quartz-sulphide mineralization, with 79% of the 2025 drill holes containing visible gold [7][19]. - Other notable drill results include GD-25-360 with 6.47 g/t Au over 4.00 meters and GD-25-358 with two intervals of 10.13 g/t Au over 3.00 meters and 3.90 g/t Au over 7.00 meters [10][11][12]. Geological Insights - The Surebet Discovery features high-grade gold mineralization in three distinct rock packages: quartz-sulphide breccias/stockwork veins, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and calc-silicate altered breccia [19][21]. - The mineralization footprint at Surebet extends over 1.8 km, which is greater than half the size of Central Park, and remains open in all directions [19][20]. Future Exploration Plans - The 2025 drilling campaign aims for up to 60,000 meters using 9 drill rigs, focusing on expanding the geometry of the Surebet Discovery and testing for a potential Motherlode magmatic intrusive gold source [19][20]. - The campaign includes infill drilling to increase density in known high-grade areas and testing additional Eocene-aged dykes that have not been previously drilled [19][20]. Infrastructure and Location - The Golddigger Property, controlled 100% by Goliath, covers 91,518 hectares in a geologically prospective area of the Golden Triangle, near significant historical gold mines [20][22]. - The property is well-positioned with access to infrastructure, including a permitted mill site and barge access to Prince Rupert, enhancing its logistical advantages for mining operations [22][23].