Goliath Resources Extends High Grade Zone To 580 Metres In Latest Assays

FULL DISCLOSURE: Goliath Resources is a sponsor of theDeepDive.ca.

Goliath Resources (TSXV: GOT) has expanded the high grade domain at their Surebet discovery following the release of assay results for four additional drill holes conducted under their 2025 summer drill program.

The results have extended the high grade domain by 80 metres to the northwest, with the high grade domain now having a strike length of 580 metres within the Goldzilla Vein, while the area remains open for further expansion.

Mercado Minerals Ltd. — sponsored Sponsored · Mercado Minerals Ltd.

Highlights from the results include:

  • GD-25-377: 10.25 g/t gold over 7.02 metres from a depth of 285.96 metres
    • Within 5.20 g/t gold over 15.00 metres
    • And 1.06 g/t gold over 30.0 metres from a depth of 296.00 metres
    • Including 2.34 g/t gold over 9.01 metres
    • And 8.73 g/t gold over 3.80 metres from a depth of 456.00 metres
  • GD-25-332: 13.38 g/t gold over 5.75 metres from a depth of 171.25 metres
    • Including 19.87 g/t gold over 3.87 metres
  • GD-25-380: 6.61 g/t gold over 5.80 metres from a depth of 290.15 metres
    • Within 4.83 g/t gold over 8.00 metres
  • GD-25-374: 4.59 g/t gold over 8.00 metres from a depth of 373.00 metres
    • Including8.89 g/t gold over 3.00 metres

READ: Stifel Initiates Coverage On Goliath Resources With $5.00 Price Target

“The Surebet high-grade gold discovery continues to consistently deliver good assay results, which clearly shows continuity and predictability. Particularly noted by the vast distribution of VG-NE in drill holes spanning an area for over 1,200 metres from northwest to southeast, over 1,000 meters from northeast to southwest and over 800 meters of vertical relief. [..] Collectively, it is apparent that we are nowhere near the limits of the system, in fact, there is a good chance that we may only be halfway down the various zones with plenty more room to grow the system,” commented Rogus Rosmus, CEO of Goliath Resources.

Assays remain outstanding for a total of 80 drill holes conducted under the most recent exploration campaign, of which 62 are said to have contained visible gold that can be seen by the naked eye. The program as a whole saw 64,364 metres drill with 9 drill rigs employed to conduct the program, with 76% of holes reported to have had visible gold.

Goliath Resources last traded at $2.71 on the TSX Venture.


FULL DISCLOSURE: Goliath Resources Limited is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Goliath Resources Limited. The author has been compensated to cover Goliath Resources Limited on The Deep Dive, with The Deep Dive having full editorial control. This is not a recommendation to buy or sell. We may buy or sell securities of the company at any time. Always do additional research and consult a professional before purchasing a security.

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