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Goliath Completes Over 64,000 Meters Of Drilling in 110 Drill Holes, With 100% Hit Rate In 90 Days On 1.8 Km2 Surebet Gold Discovery That Remains Open, Golddigger Property, Golden Triangle, B.C.
Globenewswire· 2025-09-23 10:23
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].
Goliath Intersects Several High-Grade Gold Holes Including 8.45 g/t Au Over 7.13 Meters, Within 5.13 g/t Au Over 12.00 Meters, Drilling Maintains 100% Hit Rate, Surebet Discovery Remains Open, Golddigger Property, Golden Triangle, B.C.
Globenewswire· 2025-09-22 10:22
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].
Goliath Intersects 10.62 g/t Gold Over 22.82 Meters, Drilling Maintains 100% Hit Rate, 95% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Globenewswire· 2025-08-26 10:26
Core Viewpoint - Goliath Resources Limited has reported exceptional assay results from its drilling program at the Surebet Discovery, indicating significant gold mineralization and strong potential for further resource expansion in the Golden Triangle of British Columbia [9][10][12]. Drilling Results - Drill hole GD-25-337 intersected 10.60 g/t Au over 22.82 meters, including 15.19 g/t Au over 15.71 meters, with notable intervals of 37.28 g/t Au and 36.11 g/t Au [9][11][18]. - 100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization, and 95% of the 2025 drill holes contain visible gold (VG-NE) [6][9][18]. - The 2025 drilling campaign has completed 65 holes (45,000 meters) with 50 holes remaining, targeting a total of up to 60,000 meters [9][11][12]. Geological Insights - High-grade gold has been identified in three distinct rock packages: quartz-sulphide breccias/stock work veins, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and calc-silicate altered breccia [12][18]. - The mineralization footprint at Surebet extends over 1.8 km, indicating significant untapped discovery potential [18][19]. Future Exploration Plans - The company plans to continue its aggressive drilling program, focusing on testing for a Motherlode magmatic intrusive gold source and expanding known mineralized veins [12][18]. - The detailed drill plan includes infill drilling to increase density in high-grade areas and testing zones where different styles of gold mineralization intersect [12][18]. Infrastructure and Location - The Golddigger Property, controlled by Goliath, covers 91,518 hectares in a highly prospective geological setting, close to significant historical gold mines [19][30]. - The property is well-positioned with access to infrastructure, including a permitted mill site and barge access to Prince Rupert [21][22].