Welcome to our dedicated page for Goliath Resource news (Ticker: GOTRF), a resource for investors and traders seeking the latest updates and insights on Goliath Resource stock.
Goliath Resource (GOTRF) delivers advanced mineral exploration insights through systematic drilling and geological analysis. This news hub provides investors with verified updates on the company's operations in key regions like British Columbia's Golden Triangle.
Access consolidated reports on resource modeling breakthroughs, strategic partnerships, and assay interpretations that drive exploration decisions. Our repository includes earnings announcements, technical disclosures, and operational milestones essential for evaluating the company's market position.
Key updates cover drilling program expansions, assay compilation results, and geologically significant discoveries. Bookmark this page for real-time access to GOTRF's corporate communications and objective analysis of their exploration methodologies.
Goliath Resources (GOTRF) has announced significant findings from a geological study by the Colorado School of Mines at its Surebet discovery on the Golddigger Property in B.C.'s Golden Triangle. The study confirms a Reduced Intrusion Related Gold (RIRG) system with two distinct types of high-grade gold mineralization:
1. Shear hosted veins up to 39 meters wide with grades up to 34.52 g/t AuEq over 39.00 meters
2. Multiple quartz veinlets in felsic to intermediate dykes with assays up to 12.03 g/t AuEq over 10.00 meters
The research identified 12 vertically stacked gold mineralized layers within a 1.8 km² area, with visible gold present in 92% of drill holes. Dating analysis suggests both mineralizations originate from a common source, dated to the Eocene age (50.7-52.0 Ma). The system remains open in all directions, with gold mineralization confirmed in all 243 drill holes containing over 300 intercepts to date.
Goliath Resources (GOTRF) has received $3,157,193 from warrant exercises since January 2025, with strategic investors Crescat Capital (~14.4%) and Rob McEwen (~3.9%) participating. An additional $6,377,964 in deep-in-the-money warrants remain outstanding with an average strike price of $0.65, expiring by December 29, 2025. Of this amount, $3,601,475 in warrants with an average strike price of $0.68 will expire by May 16, 2025.
The company's Golddigger Property, spanning 91,518 hectares in British Columbia's Golden Triangle, is situated within 3 kilometers of the Red Line. The Surebet discovery shows promising metallurgy with 92.2% gold recoveries, including 48.8% as free gold from gravity alone, requiring no cyanide processing. The property benefits from strategic location and infrastructure, including tide water access and proximity to Alice Arm and Kitsault communities.
Goliath Resources (GOTRF) has confirmed that its large gold-rich layered system at the Surebet Discovery is directly linked to a Motherlode Reduced Intrusive Gold System (RIRG) source with multiple gold-rich feeder dykes. The company has identified 17 feeder dykes, with 13 yet to be tested in the upcoming 2025 program.
Key findings include:
- 4 tested feeder dykes showed high-grade gold intervals with visible gold, reaching up to 12.03 g/t AuEq over 10 meters
- Dykes are up to 25 meters wide and exposed along strike for up to 1,500 meters
- Gold mineralization confirmed in 100% of 243 drill holes with over 300 intercepts within a 1.8 km² area
- 19 holes from 2021-2024 with mineralized porphyritic dykes will be relogged and assayed in 2025
The geochronology between dykes (52.0 ± 1.5 Ma) and stacked veins (50.7 ± 1.0 Ma) suggests a syngenetic relationship. Mobilization is planned for May 2025.
Goliath Resources (GOTRF) has completed a strategic non-brokered private placement with McEwen Mining, involving 5,181,347 units at C$1.93 per unit, totaling a $10 million investment. The transaction was executed through an exchange of shares, with McEwen issuing 868,056 common shares at C$11.52 per share to Goliath.
Following the transaction, McEwen Mining now owns approximately 5.4% of Goliath, while Rob McEwen personally holds about 3.9% on a partially diluted basis. Each unit consists of one common share and half a warrant, with each full warrant allowing the purchase of one common share at C$2.50 within 12 months.
The deal includes a two-year standstill agreement preventing McEwen and Robert McEwen from acquiring more than 9.9% of Goliath's outstanding shares without prior consent. The investment follows Goliath's successful 2024 drilling season, where 92% of drill holes showed visible gold at their Surebet discovery.
Goliath Resources (GOTRF) has reported significant drilling results from its Surebet Property in Golden Triangle, B.C., revealing multiple high-grade gold intercepts. The highlights include 9.39 g/t AuEq over 10.17 meters within 7.33 g/t AuEq over 13.10 meters.
The company has identified 12 gold-rich stacked layers stretching vertically over 1.2 km and spread across a 1.8 km² area, including 4 newly discovered zones in 2024. All zones remain open for expansion. Notable discoveries include a new high-grade zone assaying up to 45.60 g/t AuEq over 5.95 meters.
The drilling program has demonstrated strong mineralization in 100% of 243 drill holes with over 300 intercepts. Metallurgical testing showed exceptional gold recoveries of 92.2% from gravity and flotation, with 48.8% occurring as free gold, requiring no cyanide processing.
Goliath Resources (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) has announced its participation in two upcoming investor events. The company will present at The Metal Investors Forum (MIF) from February 28th to March 1st, 2025, at the Delta Hotel in Toronto. Additionally, Goliath will showcase at PDAC 2025 from March 2nd to 5th at the Metro Toronto Convention Centre, where they will be located at Booth #3232 in the Investors Exchange South Hall. The company's technical team will be present at both events.
Goliath Resources (GOTRF) has reported exceptional high-grade gold intercepts from its Surebet discovery at the Golddigger Property in B.C.'s Golden Triangle. Key highlights include intercepts of up to 10.91 g/t AuEq over 10.00 meters, including 15.51 g/t AuEq over 7.00 meters.
The company has confirmed strong mineralization in 100% of 243 drill holes containing 300 intercepts within a 1.8 km² area. The 2024 drilling program showed significant results with 92% of holes containing visible gold. Two new stacked gold veins were discovered, demonstrating the system remains open for expansion.
Metallurgical testing has shown exceptional gold recoveries of 92.2% from gravity and flotation. The company plans to focus its 2025 drilling on expanding the 1.2 km stacked layers of high-grade gold mineralization that remains open in all directions. Assays are pending for an additional 77 holes.
Goliath Resources (GOTRF) reported exceptional gold drilling results from its Surebet discovery in Golden Triangle, B.C. Key highlights include:
- Strong gold mineralization assaying 12.03 g/t AuEq over 10.00 meters, including 19.91 g/t AuEq over 6.00 meters in an intrusion related feeder dyke
- Confirmation of mineralization in 100% of 243 drill holes containing 300 intercepts within 1.8 km² area
- Discovery of 5 new stacked gold veins in addition to 8 previously known veins
- 92% of 2024 drill holes (59 out of 64) contained visible gold
- Metallurgical testing showed exceptional gold recoveries of 92.2% from gravity and floatation
The company plans to focus 2025 drilling on expanding the mineralization that remains open in all directions. Additional assays from 83 holes are pending.
Goliath Resources (GOTRF) has secured a strategic investment from McEwen Mining, which will acquire 3.76% of Goliath's outstanding shares in a transaction valued at C$10 million, paid in McEwen Mining shares. The deal includes half warrants exercisable at C$2.50 for 12 months, with Goliath receiving 868,056 McEwen Mining shares.
The investment follows Goliath's successful 2024 drilling campaign at its Surebet high-grade gold discovery in British Columbia's Golden Triangle, where visible gold was found in 92% of drill holes, up from 32% in 2023. A notable intersection returned 10 meters of 132.93 g/t gold equivalent. The discovery shows exceptional continuity with 92.2% gold recoveries, including 48.8% as free gold from gravity alone.
The Golddigger Property, 100% controlled by Goliath, covers 91,518 hectares and is strategically located near existing infrastructure and transportation routes.
Goliath Resources (GOTRF) reported exceptional drill results from its 2024 Golddigger Property exploration program in B.C.'s Golden Triangle. The highlight was hole GD-24-260, which yielded 34.52 g/t AuEq over 39.00 meters, including 132.93 g/t AuEq over 10.00 meters from the Bonanza Zone.
The known Bonanza High-Grade Gold Zone has nearly doubled in size to 341,000 m² and remains open. Of the 243 total holes drilled, 100% intersected targeted mineralization zones, with 106 holes containing visible gold. The 2024 program saw 92% of holes (59 of 64) containing visible gold.
Metallurgical testing showed excellent gold recoveries of 92.2% from gravity and flotation, with 48.8% as free gold. Assays are still pending for 89 of 105 drill holes. The system demonstrates strong continuity and remains open in all directions.
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