Goliath Resources Ltd. is pleased to announce that it has closed a non-brokered private placement of $172,500 flow-through units completed with institutions. This financing is in addition to the previously closed non-brokered private placements of $794,855 and $707,000 announced on December 14, 2018 and November 27, 2018 respectively for a total of $1,674,355. This offering consisted of flow-through units priced at $0.10 [...]
Goliath Resources Ltd. is pleased to announce that it has received additional interest from institutions and accredited investors alike to subscribe to a non-brokered private placement of up to $250,000 flow-through units. This financing is in additional to the previously closed non-brokered private placements of $794,855 and $707,000 announced on December 14, 2018 and November 27, 2018 respectively. The offering will [...]
Goliath Resources Ltd. is pleased to announce it has closed a non-brokered private placement for proceeds totaling $794,855. This offering was completed with strong support from both institutions and accredited investors alike in Canada. This financing is in addition to the closing of the $707,000 funding announced on November 27, 2018 for combined gross proceeds totaling $1,501,855. The offering consisted of flow-through [...]
Goliath Resources Ltd. is pleased to announce a non-brokered private placement of $794,855. Funds will be used for exploration and general working capital and it is scheduled to close this week. The offering will consist of flow-through units and non-flow-through units both priced at $0.10 per unit. Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one [...]
Goliath Resources Ltd. is pleased to report channel, chip, and grab sample assay results of up to 15.75 grams per tonne gold and 1845 grams per tonne silver over 1 metre at the Cloud 9 Zone at the DSM Skyhigh property. The property is 100% owned by the DSM Syndicate, a private precious metals project generator in British Columbia, which holds a total of six properties to date. Goliath Resources Ltd. owns a 10% interest in [...]
Goliath Resources Ltd. is pleased to announce it has closed an over subscribed non-brokered private placement for proceeds totaling $707,000, a thirty six percent increase from the $520,000 amount announced on November 21, 2018 . This offering was completed with strong support from both institutions and accredited investors alike in Hong Kong and Canada. The proceeds are earmarked to fund exploration and general working [...]
Goliath Resources Ltd. is pleased to announce an oversubscribed nonbrokered private placement due to the increased interest in the financing announced November 21, 2018 . This represents a 36% increase above the $520,000 released last week for proceeds now totaling $707,000. This offering has strong support from both institutions and accredited investors alike in Hong Kong and Canada. The private placement is scheduled to [...]
Goliath Resources Ltd. is pleased to report the original discovery of multiple breccias, stockworks, and veins containing high grade gold, polymetallic mineralization over an extensive area on its 100% controlled Golddigger Property. Results from the 2018 program include channels up to 0.55 m grading 29.70 g/t Au and 14.30 g/t Ag, chip samples of up to 0.50 m grading 47.50 g/t Au and 272.00 g/t Ag and grabs up to 113.50 [...]
Goliath Resources Ltd. is pleased to announce a non-brokered private placement of $520,000. Funds will be used for exploration and general working capital. It is scheduled to close early next week. The offering will consist of flow-through units and non-flow-through units both priced at $0.10 per unit. Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and [...]
Goliath Resources Ltd. is pleased to report channel, chip, and grab sample assay results of up to 56.1 grams per tonne gold over 1 meter from the Cadillac Trend on the GoldCrest Property. The Cadillac Trend has been expanded to 850m x 190m, and remains open in all directions. The GoldCrest Property is located ten kilometres northeast of Bella Coola, British Columbia and is 100% owned by the DSM Syndicate, a private [...]
Property Agreements Amended and New Property Right of First Refusals Goliath Resources Ltd. is pleased to report it has entered into four separate amendment agreements with the J2 Syndicate , whereby the parties have agreed to further amend the terms of Goliath's option on the Bingo, Copperhead, Golddigger and Lucky Strike properties. The main points of the Amendments are as follows: The cash payment of $405,000 that was [...]
Goliath Resources Ltd. is pleased to report channel, chip, and grab sample assay results of up to 110 grams per ton gold from the Big Show Zone Vein system, measuring 2 km by 1 km. It remains open in all directions containing multiple large en-echelon gold-bearing mineralized quartz veins. The Big Show Zone is located on the Gold Standard property, four kilometres north of Bella Coola, British Columbia. Goliath Resources Ltd. owns a 10% interest in the DSM Syndicate, a private precious metals project generator in British Columbia that owns 100% of six properties, inclusive of the Gold Standard property. 2018 Highlights Include: Extensive new bedrock discovery in an area of recent snowpack and glacial abatement with no historic work recorded. Discovery of... [...]