Goliath Resources Ltd. is pleased to announce a non-brokered private placement and strategic investment by Mr. Eric Sprott through 2176423 Ontario Ltd. for a total of $2,000,000 representing a 8.5% stake in the Company post financing. Crescat Capital LLC will be participating in this offering to maintain their 9.9% interest. The offering will consist of 4,189,090 units priced at $0.55 for gross proceeds of $2,304,000 [...]
Goliath Resources Ltd. is pleased to announce the extensive expansion of its claim holdings by 28% based on significant results that cover additional key geologic terrane around its Surebet high-grade polymetallic gold-silver discovery on its 100% controlled Golddigger property in the Golden Triangle, British Columbia. In addition, the Company has adopted a shareholder rights plan . The purpose of the Rights Plan is to [...]
Goliath Resources Ltd. is pleased to announce it has identified several new targets base on successful soil and silt program results from the 2020 field season on the Lorne Creek Porphyry discovery. This discovery is located on its 100 % controlled Lucky Strike property, situated ~40 north of Terrace, British Columbia, 8 km to highway, power, and railway. “The geochemical anomalies discovered in 2020 overlying geophysical [...]
Goliath Resources Ltd. announces it has granted stock options for a total of 1,117,390 common shares of the Company to Officers, Directors and Advisor of the Company. These stock options are exercisable at CDN $0.47 each, which was the closing price on December 31, 2020. These options will expire on December 31, 2025. All stock options are governed by the terms and conditions of the Company's stock option plan. For more [...]
Goliath Resources Ltd. is pleased to announce it has amended terms for its 100% controlled Lucky Strike property. All future cash property payments totalling $719,313, plus $14,000,000 of minimum work commitments and a NI 43-101 technical report which would include any resources calculation of gold equivalent minerals delivered by December 31, 2027 to earn 100% of the property have been removed entirely. In its place, the [...]
Goliath Resources Ltd. is pleased to announce it has closed a non-brokered flow through and non-flow through financing for a total of $1,834,573 net proceeds as no fees were paid on this offering. Crescat Capital LLC has made a strategic investment representing a 10.3% ownership of the Company and will have the option to participate in future financings to maintain its interest level for a three year period from today [...]
Goliath Resources Ltd. is pleased to announce amended terms of the option agreement to earn a 100% interest in the Lucky Strike property . The requirements to make all future cash property payments totalling $719,313, incurring $14,000,000 of minimum work commitments and delivering a NI 43-101 technical report which would include any resources calculation of gold equivalent minerals delivered by December 31, 2027 to earn [...]
Goliath Resources Ltd. is pleased to announce a non-brokered flow through and non-flow through financing. Crescat Capital LLC has agreed to make a strategic investment representing a 10.3% ownership of the Company post funding. They will have an option to participate in future financings to maintain their 10.3% interest for a three year period from the date of closing. “Crescat is taking an activist approach to investing [...]
Goliath Resources Ltd. is pleased to report the receipt of all outstanding assay results for the 2020 field program on the Surebet discovery zone on its 100% controlled Golddigger property. It is located in the prolific Golden Triangle, B.C. near Auryn’s Homestake Ridge high-grade gold-silver resource and only 7km from the Dolly Varden mine access road. All outstanding channel samples assays have now been received across [...]
Goliath Resources Ltd. is pleased to announce the completion of its 2020 reconnaissance exploration field program on the recently acquired district-scale precious and base metal play covering its 340km2 Nelligan Gold-Copper Project . The Project is located in the southern segment of Chibougamau-Chapais Mining Camp , some 50km and 75km from Chibougamau within the prolific Abitibi Greenstone Belt . The Camp is known for its [...]
Goliath Resources Ltd. is pleased to report results for the 2020 field program on the Surebet discovery zone on its 100% controlled Golddigger property in the prolific Golden Triangle, B.C. Multiple high-grade polymetallic gold-silver targets have been identified along 1 kilometer of strike and a half a kilometer of vertical relief with an average true width of 9.33 meters assaying 10.66 gpt gold equivalent and 7.58 grams [...]
Goliath Resources Ltd. is pleased to report that it has significantly expanded on its previously documented mineralization at its Golddigger property located in B.C.'s prolific Golden Triangle. A total of 179.85 meters of channel samples were taken this year from multiple outcrops that contain massive and semi-massive sulphides inclusive of strongly silicified volcanic sediments from the SureBet Zone. The property is [...]