
Goliath Resources Limited
Goliath Resources (TSX-V: GOT) (OTC: GOTRF) (FSE: B4IF) is a junior resource exploration company of precious metal projects in the prolific Golden Triangle of British Columbia. Goliath has closed strategic financings with mining legends Rob McEwen and Eric Sprott, as well as Crescat Capital, Larry Childress and a Global Commodity Group based in Singapore. Assays are still pending on 89 drill holes of 105 holes from 2024.
Goliath has intercepted significant Bonanza intervals of gold with the highest ever assaying 34.52 g/t AuEq Over 39.00 Meters, a 1,346 Gram*Meter AuEq Hole from GD-24-260. These results are very reminiscent of original holes drilled at Eskay Creek & Aurelian Resources.
Also in 2024, GD-24-235 intercepted abundant visible gold and high-grade gold mineralization in the Bonanza Zone that ran 15.86 g/t AuEq (15.40 g/t Au and 17.11 g/t Ag) over 11.9 meters ~true width, and GD-24-262 intercepted several separate sections of high-grade gold, silver and base metals corresponding to the Surebet Zone within the sediments and Bonanza Zone within the contact between the sediments & volcanics characterized by sulphide rich quartz breccia and veining; the system remains wide open.
Most importantly, 100 % of 243 holes drilled at the Surebet Discovery intersected the targeted mineralized zones, of which 106 intersected visible gold and/or abundant visible gold. This includes 64 holes drilled in 2024 which intercepted significant mineralization with 92% of the holes (or 59 out of 64 holes) containing visible gold and/or abundant visible gold, demonstrating the excellent continuity and predictability of this extensive high-grade world class gold discovery that remains wide open.
The size of one of the 10 veins is known as the Bonanza High-Grade Gold Zone, which has nearly doubled from an area 180,000 m2 (720 x 612 x 410 meters) to 341,000 m2 (835 x 685 x 612 x 410 meters). Investors can estimate the potential size of this multiple high-grade stacked vein system that remains wide open. This new discovery continues to deliver exceptional results consistent with the all characteristics of a district scale Tier 1 high-grade gold asset.