Core Viewpoint - Goliath Resources Limited is proposing a consolidation of its common shares at a ratio of up to 1 new share for 7 old shares, subject to shareholder approval at the upcoming meeting on January 14, 2026 [1][6]. Group 1: Consolidation Proposal - The proposed consolidation aims to provide the Board with discretion to determine the actual consolidation ratio within the range of 1:2 to 1:7 [1][6]. - If approved, the consolidation will not occur successively without further shareholder approval [1]. - The Board believes that the consolidation may enhance the company's flexibility regarding business opportunities and compliance with listing criteria for U.S. stock exchanges [2][7]. Group 2: Potential Benefits - Attracting greater investor interest by potentially raising the price of common shares, making them more appealing to certain investors [2]. - Increasing institutional investor participation, as some institutional investors have guidelines that prevent them from investing in small-cap stocks [2]. - Improving prospects for raising additional capital at a higher price per share post-consolidation [2]. Group 3: Proposed Consolidation Ratios - As of the current date, Goliath has 171,754,056 common shares outstanding, and the number of shares post-consolidation will depend on the selected ratio [3][5]. - The following are the approximate number of outstanding common shares based on different consolidation ratios: - 1 for 2: 85,877,028 shares - 1 for 3: 57,251,352 shares - 1 for 4: 42,938,514 shares - 1 for 5: 34,350,811 shares - 1 for 6: 28,625,676 shares - 1 for 7: 24,536,294 shares [4]. Group 4: Company Overview - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with all projects located in favorable geological and geopolitical settings [8]. - The company is supported by key strategic shareholders, including Crescat Capital and McEwen Mining Inc. [8].

Core Insights - Goliath Resources Limited has announced significant assay results from its 2025 drill program at the Surebet Discovery, confirming high-grade gold mineralization with multiple intervals exceeding 10 g/t Au [17][20][25] - The drilling campaign has extended the high-grade core by 80 meters to a total of 580 meters, with 100% of the drill holes intersecting substantial quartz-sulphide mineralization [17][18][23] - The company has completed a total of 64,364 meters of drilling in 2025, significantly exceeding its initial plan of 40,000 meters, focusing entirely on the Surebet Discovery [23][30] Assay Results - Drill hole GD-25-377 intersected three separate mineralized intervals, including 10.25 g/t Au over 7.02 meters and 1.06 g/t Au over 30.00 meters [20][25] - Drill hole GD-25-332 reported 13.38 g/t Au over 5.75 meters, with higher grades of 19.87 g/t Au over 3.87 meters [20][25] - Drill hole GD-25-380 showed 6.61 g/t Au over 5.80 meters, while GD-25-374 intersected 4.59 g/t Au over 8.00 meters [20][25] Mineralization Characteristics - The Surebet Discovery features three distinct rock packages with high-grade gold mineralization: quartz-sulphide breccias/stockwork veins, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and calc-silicate altered breccia [25][34] - 76% of the 110 drill holes completed in 2025 contain visible gold to the naked eye (VG-NE), indicating strong discovery potential [18][34] - The mineralization footprint at Surebet extends over 1.8 km and remains open in all directions, with a vertical relief of 700 meters [34] Geological Insights - The presence of multiple gently dipping gold-mineralized stacked veins and RIRG dykes suggests a common magmatic source for the high-grade gold system [34] - The company has identified "Goldilocks Zones" where the veins and vertical RIRG dykes intersect, enhancing the potential for high-grade gold mineralization [34] - A study by the Colorado School of Mines supports the interpretation of a magmatic source for the high-grade gold mineralization at Surebet [34] Infrastructure and Location - The Golddigger Property, controlled by Goliath, covers 91,518 hectares in a geologically prospective area of the Golden Triangle, close to significant historical gold mines [30][37] - The property is well-positioned with access to infrastructure, including a permitted mill site and proximity to tidewater for logistical advantages [32][33]

Infographic 1 Infographic 1 Infographic 2 Infographic 2 Infographic 3 Infographic 3 Infographic 4 Infographic 4 Infographic 5 Infographic 5 Infographics accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ec2df2de-dfb1-4a07-8407-651fd33a4858 https://www.globenewswire.com/NewsRoom/AttachmentNg/9eb0fcd5-0106-4902-987f-4d7ff49ce32a https://www.globenewswire.com/NewsRoom/AttachmentNg/3aee281a-bd31-48c9-aae4-8122c1e3b6b1 https://www.globenewswi ...

Infographics accompanying this announcement are available at  https://www.globenewswire.com/NewsRoom/AttachmentNg/ec2df2de-dfb1-4a07-8407-651fd33a4858 https://www.globenewswire.com/NewsRoom/AttachmentNg/9eb0fcd5-0106-4902-987f-4d7ff49ce32a https://www.globenewswire.com/NewsRoom/AttachmentNg/3aee281a-bd31-48c9-aae4-8122c1e3b6b1 https://www.globenewswire.com/NewsRoom/AttachmentNg/b74c8b60-de44-4c9d-8e1d-27451a40500a 100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulph ...

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]

Core Viewpoint - Goliath Resources Limited has successfully closed a bought deal private placement offering, raising approximately C$26.3 million in gross proceeds, which will be utilized for exploration expenses related to its Golddigger-Surebet Gold Project in British Columbia [1][4]. Group 1: Offering Details - The offering included the issuance of 1,977,157 National Flow-Through Shares at C$4.20 each, generating about C$8.3 million, and 4,054,054 BC Flow-Through Shares at C$4.44 each, raising approximately C$18 million [1]. - The offering was led by Stifel Canada as the sole bookrunner and lead underwriter, along with CIBC World Markets Inc. [2]. - The Flow-Through Shares were issued under the "listed issuer financing" exemption, allowing them to bypass the prospectus requirement and not subject to a hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The gross proceeds will be allocated to incur exploration expenses qualifying as "Canadian exploration expenses" and "flow-through mining expenditures" as defined in the Income Tax Act, specifically for the Golddigger-Surebet Gold Project [4]. - These expenses are to be incurred on or before December 31, 2026, with renouncement to subscribers by December 31, 2025 [4]. Group 3: Underwriter Compensation - The company paid the underwriters a cash commission of C$1,578,243.55 and granted 361,873 non-transferable broker warrants, each allowing the purchase of one common share at C$3.22 for 24 months [5].

Core Insights - Goliath Resources Limited will be presenting at multiple investment conferences in October 2025, including the Nordic Funds and Mines Summit, LD Micro Main Event XIX, and Centurion One Capital 3rd Annual Summit [1][4][6] Group 1: Conference Details - The Nordic Funds & Mines Summit will occur on October 8 and 9, 2025, in Stockholm, Sweden, aimed at institutional investors and mining company representatives [2] - LD Micro Main Event XIX will take place from October 19 to 21, 2025, in San Diego, California, featuring around 120 companies and opportunities for one-on-one investor meetings [4][6] - The Centurion One Capital 3rd Annual Bahamas Summit will be held on October 28 and 29, 2025, at the Rosewood Baha Mar Hotel, focusing on small-cap growth companies and global investors [6][7] Group 2: Company Overview - Goliath Resources is focused on precious metals exploration in the Golden Triangle of Northwestern British Columbia, with its flagship Golddigger Property covering 91,518 hectares [7][9] - The company has recently completed over 64,000 meters of drilling, one of the largest drill programs in 2025, with assays pending on 88 diamond drill holes [8] - Goliath is a member of CASERM, a collaborative research venture aimed at advancing mining exploration and reclamation science [13] Group 3: Financial Activities - Goliath entered into a bought deal financing with STIFEL Canada for C$23,000,000 at an average price of C$4.39 per share [8] - The company has granted 300,000 stock options and 100,000 restricted share units to advisors and consultants, with specific vesting terms [14]

Core Insights - The 2025 drill program at Surebet has successfully exceeded its target, with over 64,000 meters drilled across 110 holes, surpassing the initial goal of 60,000 meters [4][5][6] - 100% of the drill holes have intersected substantial quartz-sulphide mineralization, with 76% of the holes logged containing visible gold to the naked eye [4][5][6] - The Surebet Discovery has advanced significantly, now comprising 12 stacked gold-rich veins defined through over 150,000 meters of drilling in just 19 months [7][8] Drilling Program Details - The 2025 drilling campaign was designed to expand the Surebet Discovery both laterally and to depth, focusing on several key objectives [6][12] - High-grade gold has been identified in three distinct rock packages, including quartz-sulphide breccias, RIRG dykes, and calc-silicate altered breccia [6][7] - The program utilized 9 drill rigs in one of North America's largest helicopter-supported drill operations in challenging alpine terrain [4][5] Geological Findings - The presence of a Motherlode magmatic source at depth has been confirmed, responsible for the extensive 1.8 km high-grade gold system at Surebet [6][7] - The mineralization footprint at Surebet is substantial, covering an area greater than half the size of Central Park, with over 400 pierce points recorded [7][8] - The project has shown consistent high-grade gold results, drawing comparisons to significant discoveries in the Golden Triangle [7][8] Future Plans - The company is actively updating its high-grade gold wireframe models as assay results are received, with plans for a comprehensive drill plan for the 2026 season [8][12] - Assays are pending for 88 drill holes from the 2025 season, and the company anticipates further positive results [4][5][6] - The ongoing geological studies at the Colorado School of Mines will enhance the understanding of the Surebet lode system and inform future drilling campaigns [5][8]

Core Viewpoint - The 2025 drill program at the Surebet Discovery has successfully exceeded its target, drilling over 64,000 meters in 110 holes, confirming the continuity of a high-grade gold-rich system with significant potential for further expansion [3][4][6]. Drilling Program Overview - The 2025 drill program aimed to expand the Surebet Discovery laterally and to depth, achieving a remarkable 100% intersection rate of substantial quartz-sulphide mineralization across all completed drill holes [3][4][6]. - A total of 88 assays are pending for the holes drilled in 2025, with 76% of the logged holes containing visible gold [3][4][12]. Geological Findings - The Surebet Discovery has identified high-grade gold within three distinct rock packages, including quartz-sulphide breccias, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and calc-silicate altered breccia [6][7][12]. - The mineralization footprint covers an area of 1.8 km², with over 400 pierce points from previous drilling campaigns, indicating substantial potential for one of the most significant high-grade gold discoveries in the Golden Triangle [7][12]. Future Plans - The company is actively updating its high-grade gold wireframe models as assay results are received, with plans to design a comprehensive drill plan for the 2026 season to continue expanding the discovery [8][12]. - Advanced geological studies are being conducted in collaboration with the Colorado School of Mines to further understand the mineralization processes and inform future drilling strategies [4][6][12]. Infrastructure and Location - The Golddigger Property, which includes the Surebet Discovery, is strategically located in a highly prospective geological setting within the Golden Triangle of British Columbia, close to key infrastructure and mining sites [14][16][20]. - The property covers 91,518 hectares and is situated on tidewater with direct barge access to Prince Rupert, enhancing logistical advantages for future exploration and potential mining operations [16][20].

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].