Core Insights - Goliath Resources Limited has successfully received proceeds of $1,730,882 from the exercise of warrants by strategic shareholders, including Crescat Capital [1][2] - The only remaining outstanding warrants are 2,590,673 priced at $2.50, expiring on March 10, 2026, held by a single strategic investor [2] - Crescat Capital expresses strong confidence in Goliath's management and the potential for further growth in their gold discovery, highlighting the ongoing support since 2020 [3] Company Overview - Goliath Resources is focused on exploring precious metals projects in the Golden Triangle of Northwestern British Columbia, with all projects situated in high-quality geological settings [11] - The company has completed its largest drill campaign to date, totaling 64,364 meters in 2025, and is fully funded for another large drill program in 2026 [11] - Key strategic cornerstone shareholders include Crescat Capital, McEwen Inc., Waratah Capital Advisors, and others [11] Project Details - The Golddigger Property, controlled by Goliath, spans 91,518 hectares in a geologically promising area near significant gold mines [5] - The Surebet discovery shows promising metallurgy with gold recoveries of 92.2%, including 48.8% free gold from gravity alone [6] - The property is well-positioned with access to infrastructure, including a permitted mill site and direct barge access to Prince Rupert [7][8] Research and Development - Goliath is a member of CASERM, a research center aimed at improving geoscience data acquisition and usage in mining [9] - The company's involvement in CASERM has facilitated high-level research on the Surebet Discovery over the past three years [9]
Goliath Receives $1,730,882 Through Warrant Exercises, Inclusive Of Crescat Capital A Longtime Strategic And Cornerstone Shareholder
Globenewswire·2025-12-22 11:08