FULL DISCLOSURE: Canacom Group is long the equity of Goliath Resources.
High grade gold continues to be intersected by Goliath Resources (TSXV: GOT) at their Surebet Discovery. The company this morning released additional assay results from ongoing drilling, confirming that they continue to have a 100% hit rate on quartz-sulphide mineralization and a 90% hit rate on visible gold being included within the drill core.
Highlights from the latest results include:
- GD-25-317: 5.15 metres of 6.56 g/t gold from a depth of 637.0 metres
- Including 3.3 metres of 10.22 g/t gold from a depth of 638.0 metres
- GD-25-321: 8.00 metres of 4.59 g/t gold from a depth of 295.0 metres
- Including 5.00 metres of 6.53 g/t gold from a depth of 298.0 metres
- GD-25-328: 5.00 metres of 18.58 g/t gold from a depth of 526.0 metres
- Including 4.00 metres of 23.22 g/t gold from a depth of 526.0 metres
- GD-25-345: 9.00 metres of 5.09 g/t gold from a depth of 534.0 metres
- Including 5.05 metres of 9.04 g/t gold from a depth of 535.95 metres
- And 6.03 metres of 4.22 g/t gold from a depth of 498.9 metres
- Including 2.97 metres of 8.50 g/t gold from a depth of 501.1 metres
- GD-25-355: 12.20 metres of 5.72 g/t gold from a depth of 435.0 metres
- Including 5.20 metres of 12.92 g/t gold from a depth of 442.0 metres
Goliath year to date has completed a total of 55,000 metres of drilling, out of a planned 60,000 metres. The remaining 5,000 metres is expected to completed over roughly the next two weeks, with nine drill rigs conducting the program. A total of 33 holes are yet to be drilled out of the 115 hole program.
“The exceptional project management and team of geologists, drillers, pilots and all support staff are doing a tremendous job of completing the 60,000 meters drill program in this 2025 drilling season. We are within a few weeks of reaching the end of the drilling campaign. After drilling is completed, our season will last approximately an extra month of logging and then shipping samples for assaying. To date, we have only reported 14 drill holes of the planned up to 115 drill hole program. It’s likely that we will have a steady flow of assays to report for the remainder of 2025 and into 2026,” commented Roger Rosmus, CEO of Goliath Resources.
Goliath Resources last traded at $2.32 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.
