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].

Core Viewpoint - Goliath Resources Limited has reported significant progress in its drilling campaign at the Surebet Discovery, with high-grade gold mineralization confirmed across multiple zones, indicating strong potential for resource expansion and discovery [3][6][10]. Drilling Progress and Results - The 2025 drilling program has more than doubled the known extent of the Bonanza Zone from 550 meters to over 1.1 kilometers, with 100% of drill holes intersecting substantial quartz-sulphide mineralization [2][5]. - A total of 34 drill holes have been completed, amounting to approximately 25,000 meters, with 81 holes remaining in the planned 60,000-meter program [2][5]. - Drill hole GD-25-317 reported assay results of 3.17 g/t Au over 18.73 meters, including 5.10 g/t Au over 11 meters, and 11 g/t Au over 4.85 meters [3][9]. - Drill hole GD-25-302 intersected high-grade gold mineralization with assays of 2.26 g/t Au over 19.00 meters, including 6.28 g/t Au over 6.00 meters [4][9]. Mineralization and Geological Insights - High-grade gold mineralization has been confirmed in three distinct rock packages at the Surebet Discovery, including gently-dipping gold-rich stacked veins, gold-rich intermediate to felsic Eocene-aged RIRG dykes, and broad zones of calc-silicate altered breccia [10][29]. - The footprint of the mineralization discovered to date at Surebet extends for 1.8 kilometers, equivalent to over 336 NFL football fields, and remains open in all directions [19][29]. - The 2025 drilling campaign aims to test for the Motherlode magmatic intrusive gold source and expand known mineralized veins laterally and to depth [10][12]. Infrastructure and Location - The Golddigger Property, controlled 100% by Goliath, covers an area of 91,518 hectares in a highly prospective geological setting within the Golden Triangle of British Columbia [20][29]. - The property is strategically located near existing infrastructure, including a permitted mill site and direct barge access to Prince Rupert [22][23]. Metallurgical and Recovery Insights - The Surebet Discovery has shown excellent metallurgy with gold recoveries from gravity and flotation at a 327-micrometer crush of 92.2%, including 48.8% free gold from gravity alone [21][29].

Core Insights - Goliath Resources Limited has reported significant gold mineralization in drill hole GD-25-302, with six occurrences of visible gold within a 96.50 meter mineralized interval, indicating strong potential for high-grade gold deposits at the Surebet Discovery [6][8][11] - The 2025 drill campaign has been increased from 40,000 meters to 60,000 meters, focusing on systematically exploring the Surebet Discovery and testing for the Motherlode magmatic source believed to be responsible for the high-grade gold mineralization [9][11][12] - The company has identified multiple new gold-mineralized shear zones and dykes, continuously increasing the potential tonnage of the mineralized system, with a total of 12 vertically stacked gold-mineralized veins extending vertically for 1.2 kilometers [12][14] Company Developments - The drill hole GD-25-302 is a 420 meter step out to the east from GD-24-260, which previously delivered the highest-grade gold interval on Surebet, assaying 34.52 g/t AuEq over 39.00 meters [6][8] - Recent re-logging of core from previous drill holes has revealed additional intervals containing visible gold, with one interval in drill hole GD-22-64 assaying 6.31 g/t AuEq over 14.35 meters [9][11] - The Surebet Discovery has a footprint of 1.8 km, equivalent to over 336 NFL football fields, and remains open in all directions, indicating substantial exploration upside [12][14] Geological Context - The Golddigger Property, controlled 100% by Goliath, covers an area of 91,518 hectares in a high-quality geological setting within the Golden Triangle of British Columbia, an area known for hosting significant gold mines [13][19] - The geology of the area includes Reduced Intrusion Related Gold (RIRG) dykes believed to be directly related to the Motherlode magmatic source, which is a key target for the ongoing exploration [9][11] - The company has completed a detailed study confirming a new interpretation of the ore-forming process of high-grade gold mineralization at Surebet, highlighting the potential for increased economical tonnage [12][14]