Goliath Resources Ltd. is pleased to report it has received a lead order from its strategic investor, Crescat Capital LLC, the Company's single largest shareholder. Goliath intends to raise up to $3,000,000 through a non-brokered private placement. Based on exceptional assay results and the abundance of visible gold in a majority of the holes drilled thus far, the Company will be expanding the drill program at the Surebet [...]
Drill Highlights From 2024 Drilling Season: 100% of the first 8 holes drilled to date during the 2024 drill season have intercepted continuous strong mineralization in the targeted veins. Including mineralization that suggests the drilling has tapped into the heat engine source of the gold mineralizing system at the Surebet Discovery. Abundant Visible Gold up to 1.30 mm in size has been identified in multiple intervals in [...]
Goliath Resources Ltd. is pleased to report that based on positive drilling success early in the 2024 drill program has led to the early exercise of 2,393,097 common share purchase warrants primarily from Strategic Investors for proceeds of $1,822,814. These Warrants were all set to expire starting March 25, 2025 and the balance over the course of the year until December 29, 2025 with strike prices up to $0.92 each. There [...]
Drill Highlights: Drill hole GD-24-235 intercepted abundant visible gold and high-grade gold mineralization containing 35.04 g/t AuEq over 6.34 m ~true width, within 15.86 g/t AuEq over 11.9 m, corresponding to the Bonanza Shear. Assays are pending from GD-24-235 on an additional 24.4 m intercept of a porphyritic intrusion between 529.29 - 553.67 m downhole. It contains veins with abundant visible gold, molybdenite up to [...]
Drill Highlights: GD-24-237 intercepted abundant visible gold from 4 mineralized zones with Surebet style mineralization, the Bonanza Shear, Golden Gate Zone as well as a mineralized porphyritic intrusive dyke for an aggregate of 105 meters . An accompanying infographic is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/24d8faf0-b20e-4f92-8e1d-61fa800045c1 Collectively these four mineralized intervals [...]
NEWLY DISCOVERED TREASURE ISLAND 550 x 450 Meters - HIGHLIGHTS OF DRILL TARGET: The planned 2024 program at Treasure Island includes 11 holes from 4 drill pad locations with one diamond drill rig for 1,600 m; additional drill holes will be designed based on mineralized intercepts. Treasure Island is located on Golddiggers Cambria Icefields claim blocks, 36 km north of the Surebet discovery, and only has recently been [...]
Drill Highlights: Discovery of a new deep zone, the "Mothership Feeder Zone" containing abundant visible gold and strong sulphide mineralization in quartz breccia at 648 meters downhole and 125 meters in elevation above the valley floor from GD-24-235, the first drill hole of 2024. Discovery of a new 24.4 meter porphyritic intrusion between 529.29 - 553.67 m downhole containing veins with abundant visible gold [...]
The 2024 planned drill campaign at the Golddigger Property includes 62 holes from 22 drill pad locations with up to three diamond drill rigs for 15,000 meters. The Surebet Discovery will see the bulk of meters planned with the balance testing three new highly mineralized gold-copper outcropping targets: Jackpot, Treasure Island and Full Contact that have the potential to provide additional upside catalysts for [...]
The 2024 planned drill campaign at the Golddigger Property includes 62 holes from 22 drill pad locations with up to three diamond drill rigs for 15,000 meters. The Surebet Discovery will see the vast bulk of meters planned with the balance testing three new highly mineralized gold-copper outcropping targets: Jackpot, Treasure Island and Full Contact that have the potential to provide additional upside catalysts for [...]
Goliath Resources Ltd. is pleased to report it has fast tracked its 49% ownership interest in the Golddigger Property , located in the "Golden Triangle", British Columbia based on positive results to date. The Company has made all payments required to the vendor under its option agreement dated April 18, 2017 . It has exceeded the minimum exploration expenditures of $14,000,000 to ultimately earn a 100% interest in the [...]
Goliath Resources Ltd. is pleased to announce it has been pre-selected by South Florida-based Noble Capital Markets Inc. to present at its 20th annual NobleCon emerging growth equity conference and will also be co-hosting the "After" at Privaira Hangar, Boca Raton Airport. This is Noble's 40th year anniversary of supporting emerging growth companies. "We are very excited to have been pre-selected and hand picked from a [...]
HIGHLIGHTS: Generation of the updated structural vein/shear Leap Frog model takes into consideration all the surface and drill data collected as well as the number of mineralized pierce points in each vein to date on the Surebet Discovery. This has resulted in an advanced understanding of the mineralized zones that remain open at Surebet, where 10 veins have now been confirmed, including Surebet , Bonanza and Golden Gate [...]
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