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Goliath Resources (TSXV: GOT) has seen drilling conclude for the 2025 season at their flagship Surebet Discovery. The program saw over 64,000 metres drilled in total, with 110 holes completed in what was one of the largest helicopter-supported drill programs in North America this year.
The program, which was targeting a total of 60,000 metres, was aimed at expanding the Surebet Discovery both laterally and to depth. While 88 drill holes have assays that are still outstanding, the program has already been deemed a success with 76% of holes containing visible gold and 100% of holes intersecting quartz-sulphide mineralization, while the entire system currently remains open.
As a whole, multiple goals were set for the program, which included testing for the motherlode magmatic intrusive gold source, testing 13 Eocene-aged dykes that had never previously been tested, infill drilling with a focus on the highest grade regions of the Bonanza and Surebet Zones, testing zones where RIRG dykes and gently dipping veins crosscut, and expanding the known mineralized veins laterally and to depth.
WATCH: Goliath Resources: Could This Be Canada’s Next Major Gold Find? [DD On-The-Go Episode 4]
With the completion of the 2025 drill program, over 150,000 metres of drilling have now been conducted at Surebet, which has defined a total of 12 stacked gold-rich veins in just 19 months of active exploration.
High grade gold has been defined in three distinct rock packages, including gold-rich stacked quartz-sulphide veins, gold-rich eocene-aged reduced intrusive related gold dykes, and the broad gold-rich zones of calc-silicate in altered breccia, with all three rock packages containing high amounts of visible gold. All rock packages also remain wide open for expansion, with the current footprint measuring 1.8 square kilometres in size.
“Although the drilling portion of the campaign is completed, the work continues as it will take a couple more weeks to finish all the logging of the drill core and then send the remaining samples off to the lab for assaying. The more we drill the Surebet discovery the better it gets as can be seen in the widespread distribution of visible gold that is within three distinct rock packages. To date, we have hit mineralization on 100% of the holes drilled at Surebet since the initial discovery, which means that we have another season in which we will be sending in thousands of samples for assaying,” commented Roger Rosmus, CEO of Goliath Resources.
Once all logging has been completed and assays received from the 2025 program, Goliath is expected to update their modeling in advance of assembling a comprehensive drill plan for the 2026 season to continue the discovery.
READ: Goliath Resources Intersects 5.13 g/t Gold Over 12.0 Metres At Surebet In Latest Assays
Elsewhere, David Resources, a private company currently wholly owned by Goliath, owns a 4% interest in the B-ALL Syndicate which optioned the Big One property to Juggernaut Exploration earlier this year. The property this year saw over 500 gold-rich polymetallic veins identified on surface over a length of 1 kilometre. Those veins vary in widths up to 10 metres wide, and are found near the multi-million ounce Galore Creek deposit. Drill permits have been submitted for Juggernaut to test these targets, with current findings suggesting a new district scale system with a buried gold-rich source at depth.
Goliath Resources last traded at $3.41 on the TSX Venture.
FULL DISCLOSURE: Goliath Resources is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Goliath Resources. The author has been compensated to cover Goliath Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
