Goliath Hits 12.03 g/t Gold Equivalent Over Ten Metres, Discovers Five Stacked Gold Veins

Goliath Resources (TSXV: GOT) is reporting further discoveries at its Surebet project in the Golden Triangle of British Columbia. The results come from the firms 2024 drill program at the Golddigger property, for which there are still several outstanding assay results.

Highlights from the results include:

• GD-22-58: 12.03 g/t gold equivalent (11.84 g/t gold and 15.61 g/t silver) over 10 metres
  • Including 19.91 g/t gold equivalent (19.62 g/t gold and 25.61 g/t silver) over 6.00 metres
  • And 8.59 g/t gold equivalent (8.35 g/t gold and 20.74 g/t silver) over 5.00 metres
• GD-24-250: 6.55 g/t gold equivalent (6.45 g/t gold and 4.08 g/t silver) over 6.69 metres in the Whopper Vein
  • 4.49 g/t gold equivalent (3.88 g/t gold and 14.44 g/t silver) over 4.90 metres in the Surebet Zone
  • 11.66 g/t gold equivalent (11.13 g/t gold and 17.82 g/t silver) over 5.97 metres in the Bonanza Shear
• GD-24-263: 8.56 g/t gold equivalent (8.37 g/t gold and 17.71 g/t silver) over 6.00 metres in the Bonanza Shear
• GD-24-291: 6.14 g/t gold equivalent (6.10 g/t gold and 1.50 g/t silver) over 5.00 metres in the Bonanza Shear
  • 6.32 g/t gold equivalent (6.29 g/t gold and 1.51 g/t silver) over 6.00 metres in Golden Gate

The highlight hole from the results, GD-22-58, has been confirmed to have intersected an intrusion related feeder dyke that remains open, which is said to indicate close proximity to a large gold-rich intrusive source at depth.

READ: The Next Major Golden Triangle Discovery | Roger Rosmus – Goliath Resources

Mineralization has been confirmed in all 243 drill holes conducted within a 1.8 square kilometre area to date, where a further five stacked gold veins have been encountered, bringing the total in the region to thirteen. Gold has been confirmed to be present beyond 1.2 kilometres deep, which remains open both laterally and to depth.

Moving forward, drilling in 2025 is to focus on expanding the stacked layers of mineralization that are currently open in all directions, as well as vectoring in on the reduced intrusion, which is believed to be the source of gold mineralization at Surebet.

“Based on the extensive dataset and understanding we are certainly on track to expand this bonanza grade discovery both laterally and to depth targeting the existing and new high-grade layers and ultimately the source of the extensive gold system. The serious interest already garnered from multiple miners and institutions alike clearly demonstrates a world-class discovery like Surebet is an extremely rare opportunity. We look forward to unlocking its full value for all of our stakeholders,” commented Goliath CEO Roger Rosmus.

Assays remain outstanding on a total of 83 holes.

Goliath Resources last traded at $2.36 on the TSX Venture.

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