Core Insights - Goliath Resources Limited announced significant assay results from its 2025 drill program at the Surebet Discovery, with drill hole GD-25-372 intersecting 10.72 g/t Au over 7.83 meters, including 20.37 g/t Au over 4.10 meters [8][11] - The drilling campaign has confirmed high-grade gold mineralization across multiple drill holes, with 100% of completed holes intersecting substantial quartz-sulphide mineralization and 76% containing visible gold to the naked eye [9][23] - The Surebet Discovery has demonstrated excellent continuity and potential for further expansion, with ongoing assays pending for 84 holes, of which 66 contain visible gold [9][10] Company Overview - Goliath Resources is focused on exploring precious metals in the Golden Triangle of British Columbia, controlling the Golddigger Property, which spans 91,518 hectares [18][26] - The company has executed a fully funded drill campaign in 2025 totaling 64,364 meters, aimed at expanding the geometry of the Surebet Discovery [14][26] - Goliath has increased its land package significantly, now controlling 56 kilometers of the Red Line geologic trend, enhancing its discovery potential [23][26] Drilling Results - The 2025 drilling program has yielded high-grade gold intercepts, with notable results including GD-25-373 intersecting 6.30 g/t Au over 7.50 meters and GD-25-324 intersecting 6.11 g/t Au over 7.65 meters [11][13] - A total of 30 holes in the Surebet system have reported intervals greater than 1 oz/t Au (31.1 g/t Au), indicating strong mineralization [10][14] - The drilling has confirmed three distinct rock packages at the Surebet Discovery, each containing substantial amounts of visible gold [14][15] Geological Insights - The Surebet Discovery is characterized by gently-dipping gold-rich stacked quartz-sulphide breccias, RIRG dykes, and calc-silicate altered breccia, indicating a potential Motherlode magmatic source at depth [14][15] - The mineralization footprint at Surebet extends over 1.8 kilometers, with ongoing potential for expansion in all directions [23][24] - The project has shown good metallurgy with gold recoveries of 92.2% from gravity and flotation methods, indicating favorable processing characteristics [19][23] Future Outlook - Goliath Resources is well-positioned for continued exploration and development, with a fully funded 2026 drill program planned [10][26] - The company anticipates further assay results in the coming months, which are expected to enhance the understanding of the mineralization at Surebet [10][19] - The ongoing research and collaboration with CASERM aims to improve geoscience data acquisition and decision-making across the mining value chain [22][24]
Goliath Drills Multiple High-Grade Gold Intervals Up To 10.72 g/t Au Over 7.83 Meters, Including 20.37 g/t Au Over 4.10 Meters At The 1.8 Km2 Surebet Discovery That Remains Wide Open, Golddigger Property, Golden Triangle, B.C
Globenewswireยท2025-10-27 10:09