Core Insights - Goliath Resources Limited reports a 13.2% increase in overall gold-equivalent grades from previous assays, indicating significant mineralization potential at the Surebet Discovery [2][5][6] - The drilling results confirm the continuity and high-grade nature of gold mineralization across multiple zones, with 100% of the completed drill holes intersecting gold [6][12] - The company plans to focus its fully funded 2026 drill program on expanding the five main mineralized zones and exploring the potential Motherlode source [6][9] Drilling Results - A total of 54 out of 110 drill holes from 2025 have been reported, with high-grade intercepts including 10.83 g/t AuEq over 22.82 meters in drill hole GD-25-337 [6][17] - 83 out of 110 holes (76%) drilled in 2025 contained visible gold, while 92% of all holes drilled to date at Surebet have shown visible gold [12][13] - The updated geological model identifies five primary mineralized zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado, comprising 46 gold-rich lodes [9][12] Mineralization Characteristics - High-grade gold has been identified in three distinct rock packages, including quartz-sulphide breccias, Eocene-aged dykes, and calc-silicate altered breccia [9][12] - The mineralization footprint at Surebet spans 1.8 km² and remains open for expansion in all directions, with significant vertical relief [17] - The continuity and widths of mineralization across multiple lodes suggest strong potential for one of the most significant gold discoveries in British Columbia's Golden Triangle [12][17] Future Plans - The company is preparing for a 2026 drilling campaign, with ongoing data compilation and interpretation to target the Motherlode source [9][12] - Assay results for an additional 56 holes from the 2025 exploration campaign are pending and will be released soon [13] - Goliath has increased its land package significantly, now controlling 91,518 hectares, enhancing its discovery potential [17]
Goliath Reports Numerous High-Grade Intercepts Up To 10.83 g/t AuEq Over 22.82 Meters, Grade Values Increased By 13.2% In 54 Gold Equivalent Drill Results, Assays Pending On A Further 56 AuEq Holes Drilled In 2025, Surebet Discovery, Golden Triangle, B.C.
Globenewswire·2026-02-19 11:19