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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
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 Resources Ltd. Upgrades from OTCQB to a OTCQX Listing
Globenewswire· 2026-02-17 13:30
Core Insights - Goliath Resources Limited has successfully qualified to trade on the OTCQX Best Market, marking a significant milestone for the company and enhancing its visibility among U.S. investors [1][3] Company Overview - Goliath Resources is a precious metals explorer located in the Golden Triangle of British Columbia, with its flagship project being the Surebet Discovery [1][11] - The company controls the Golddigger Property, which spans 91,518 hectares in a geologically promising area near significant gold mines [4][11] - Goliath has completed its largest fully funded drill campaign to date, totaling 64,364 meters in 2025, and is fully funded for a similar program in 2026 [11] Trading and Market Position - Goliath Resources began trading on the OTCQX under the symbol "GOTRF," providing U.S. investors with access to real-time financial disclosures [2][3] - The OTCQX Market is designed for established companies that meet high financial standards and corporate governance practices, which Goliath has achieved [3] Project Details - The Surebet discovery has shown promising metallurgy with gold recoveries of 92.2% from gravity and flotation processes, including 48.8% free gold [5] - The property is strategically located near communities with existing infrastructure, including a permitted mill site and direct barge access to major ports [6][7] Research and Development - Goliath is a member of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which supports research aimed at improving geoscience data acquisition and decision-making in mining [8][11]
Gold Runner Exploration to Attend Vancouver Resource Investment Conference
TMX Newsfile· 2026-01-24 18:00
Company Overview - Gold Runner Exploration Inc. is focused on the exploration of gold and silver properties in geopolitically stable mining districts in North Western British Columbia and Nevada [4] - The company has recently entered into an option agreement to acquire a 100% interest in the Golden Girl Property, which spans approximately 8,471 hectares in the Golden Triangle of North Western British Columbia [5] - Gold Runner's flagship asset is the Rock Creek gold project in Nevada, which includes 74 unpatented lode mining claims [6] Recent Developments - Gold Runner will attend the Vancouver Resource Investment Conference (VRIC) on January 25-26, 2026, where CEO Chris Wensley will present [1][2] - The VRIC is a significant event in the mining investment sector, featuring 120 keynote speakers and over 300 mining companies, attracting more than 12,000 investors [3] Property Details - The Golden Girl Property is located near significant discoveries such as Goliath Resources Limited's Surebet discovery and Juggernaut Exploration Ltd.'s Big One discovery [5] - The Rock Creek project is strategically expanded with the acquisition of the Dry Creek prospect and the Falcon silver-gold prospect, totaling 239 claims in close proximity [6] - Gold Runner also holds a 10% carried interest in the Cimarron project, which includes 31 unpatented lode mining claims in the Walker-Lane trend of Nevada [7]
Goliath Resources Fast Tracks 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Reduces The NSR from 3% to 2%, Golden Triangle, B.C.
Globenewswire· 2026-01-22 11:22
Core Viewpoint - Goliath Resources Limited has amended its property option agreement with The J2 Syndicate to increase its ownership in the Golddigger Property from 49% to 100% and reduce the Net Smelter Returns from 3% to 2% [1] Group 1: Agreement Details - The company will issue 3,000,000 common shares to the Syndicate by March 15, 2026, as part of the agreement [1] - The transaction is subject to approval from the TSX Venture Exchange [1] Group 2: Company Overview - Goliath Resources is focused on precious metals exploration in the Golden Triangle of Northwestern British Columbia, with all projects in high-quality geological settings [2] - The company completed its largest drill campaign in 2025, totaling 64,364 meters, and is fully funded for a similar program in 2026 [2] - There are 110 holes with pending assays for gold equivalent results from the 2025 drill program [2] Group 3: Resource Estimate Amendments - Goliath is required to publish a Maiden Resource Estimate by June 1, 2030, and every three years thereafter, an extension from the original deadline of June 1, 2027 [4] - The company will pay the Syndicate $1 for every gold equivalent ounce over 4,000,000 ounces in the MRE, a change from the original agreement which required a payment of $1 million plus $1 for every ounce over 2,000,000 [4] - In the event of a change of control before the MRE publication, the acquirer will assume Goliath's obligations, with adjusted deadlines for the Initial Resource Report [4]
Goliath Resources Fast Tracks 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Reduces The NSR from 3% to 2%, Golden Triangle, B.C.
Globenewswire· 2026-01-22 11:22
Core Viewpoint - Goliath Resources Limited has amended its property option agreement with The J2 Syndicate to increase its ownership in the Golddigger Property from 49% to 100% and reduce the Net Smelter Returns from 3% to 2% [1] Group 1: Agreement Details - The company will issue 3,000,000 common shares to the Syndicate by March 15, 2026, as part of the agreement [1] - The transaction is subject to approval from the TSX Venture Exchange [1] Group 2: Company Overview - Goliath Resources is focused on precious metals exploration in the Golden Triangle of Northwestern British Columbia, with all projects in high-quality geological settings [2] - The company completed its largest drill campaign in 2025, totaling 64,364 meters, and is fully funded for a similar program in 2026 [2] - There are 110 holes with pending assays for gold equivalent results from the 2025 drill program [2] Group 3: Resource Estimate Amendments - Goliath is required to publish a Maiden Resource Estimate by June 1, 2030, with subsequent estimates every three years thereafter, an extension from the original deadline of June 1, 2027 [4] - The company will pay the Syndicate $1 for every gold equivalent ounce over 4,000,000 ounces in the MRE, compared to the previous requirement of $1 million plus $1 for every ounce over 2,000,000 ounces [4] - In the event of a change of control before the MRE publication, the acquirer will assume Goliath's obligations, with the initial resource report deadline adjusted to three years post-transaction [4]
Goliath Intersects Several High-Grade Holes Including 19.13 g/t Au Over 6.10 Meters, Drilling Significantly Expands Extent Of Gold Mineralization In All 5 Main Zones That Remain Open
Globenewswire· 2026-01-20 11:20
Core Insights - The news release highlights the successful completion of the 2025 drilling campaign at the Surebet Discovery, with all 110 drill holes intersecting gold mineralization, confirming the continuity, grades, and widths across five main gold-rich zones and 46 distinct lodes [4][11][17] - The company plans to focus its fully funded 2026 drill program on expanding these mineralized zones and exploring the potential Motherlode source [4][11][12] Drilling Results - Drill hole GD-25-319 intersected 19.13 g/t Au over 6.10 meters, with notable intervals including 22.86 g/t Au over 5.10 meters and 29.09 g/t Au over 4.00 meters [5][15] - Drill hole GD-25-405 reported 10.58 g/t Au over 8.30 meters, including 14.04 g/t Au over 6.25 meters and 15.50 g/t Au over 5.60 meters [5][15] - Drill hole GD-25-312 showed 10.56 g/t Au over 3.70 meters from a gold-rich quartz-sulphide breccia [5][15] - Overall, 83 out of 110 holes (76%) contained visible gold to the naked eye, indicating strong mineralization [4][18] Mineralized Zones - The Surebet Discovery consists of five primary mineralized zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado, with a total of 46 gold-rich lodes [11][12][21] - The Bonanza Zone has a strike length of 1.8 km and contains intercepts up to 13.53 g/t AuEq over 11.00 meters [10][14] - The Surebet Zone has a strike of 1.2 km with intercepts reaching 21.08 g/t AuEq over 23.00 meters [10][14] - The Golden Gate Zone features intercepts up to 34.52 g/t AuEq over 39.00 meters [10][14] - The Whopper Zone and Eldorado Zone also show significant mineralization, remaining open for expansion [10][14] Geological Insights - High-grade gold has been identified in three distinct rock packages: quartz-sulphide breccias, Eocene-aged dykes, and calc-silicate altered breccia [11][16] - The presence of visible gold in core samples and the continuity of mineralization suggest a nearby Motherlode magmatic source [11][12][16] - The geological model indicates a potential for further expansion of the mineralized footprint, which currently covers 1.8 km² [11][21] Future Plans - The company is preparing for the 2026 drilling season, focusing on expanding the mineralized zones and further investigating the Motherlode source [12][21] - The updated geological model will guide drilling targets, with a strong foundation for continued exploration and potential resource development [11][17]
Goliath Resources Announces Results of Shareholder Meeting, BOD Exercised Its Discretion Not To Proceed With Consolidation
Globenewswire· 2026-01-15 11:15
Core Viewpoint - Goliath Resources Limited held its annual and special meeting of shareholders on January 14, 2026, where all business items were approved, but the Board decided not to proceed with the approved share consolidation [1]. Group 1: Meeting Outcomes - All items of business at the meeting were approved by the requisite majorities [1]. - The consolidation of outstanding common shares on a basis of one (new) for up to seven (old) common shares was approved by shareholders [5]. - Directors Roger Rosmus, Graham Warren, Wayne Isaacs, and Rein Turna were re-elected [5]. - McGovern Hurley LLP was re-appointed as the auditor of the Company [5]. - The omnibus equity incentive plan was re-approved, with certain amendments approved by disinterested shareholders [5]. Group 2: Company Overview - Goliath Resources is focused on exploring precious metals projects in the Golden Triangle of Northwestern British Columbia, with all projects in high-quality geological settings [3]. - The Company completed its largest fully funded drill campaign in 2025, totaling 64,364 meters, with assays pending for 70 gold-only holes and 110 gold equivalent holes [3]. - Goliath is fully funded for a similar-sized drill program in 2026 [3]. - Key strategic shareholders include Crescat Capital, McEwen Inc., Waratah Capital Advisors, and notable individuals such as Rob McEwen and Eric Sprott [3].
Goliath Resources Selected For Core Shack, AME Roundup 2026 – Booth #1026C, Also Attending VRIC – Booth #131 And Metals Investors Forum In Vancouver
Globenewswire· 2026-01-14 11:14
Core Insights - Goliath Resources Limited is focused on expanding its high-grade gold Surebet Discovery at the Golddigger Property, which spans 91,518 hectares in the Eskay Rift, British Columbia, near significant historical gold mines [1][11] - The company has completed over 150,000 meters of diamond drilling, confirming a 1.8 square kilometer area with multiple mineralized zones and high-grade gold [2][12] - Goliath is actively participating in several mining conferences in January 2026 to showcase its discoveries and engage with investors [3][5][6] Company Overview - Goliath Resources is an explorer of precious metals in the Golden Triangle of Northwestern British Columbia, with all projects in high-quality geological settings [17] - The Surebet discovery has shown good metallurgy with gold recoveries of 92.2%, including 48.8% free gold from gravity alone, indicating no deleterious elements present [2][12] - The Golddigger Property is strategically located near communities with existing infrastructure, including a permitted mill site and direct barge access to Prince Rupert [13][14] Infrastructure and Support - The property benefits from proximity to the Dolly Varden Silver Mine Road and access to major transportation routes, enhancing logistical capabilities for mining operations [14] - Goliath is a member of CASERM, a research center focused on advancing mining science, which has supported research on the Surebet Discovery [15][17] - The company completed its largest drill campaign in 2025, totaling 64,364 meters, and is fully funded for a similar program in 2026 [18]
Goliath Receives $1,730,882 Through Warrant Exercises, Inclusive Of Crescat Capital A Longtime Strategic And Cornerstone Shareholder
Globenewswire· 2025-12-22 11:08
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 Resources Proposes Share Consolidation
Globenewswire· 2025-12-16 16:39
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].