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 Resources Ltd (GOTRF) generates frequent news as it advances its precious metals exploration programs in the Golden Triangle of British Columbia. Company releases focus on drilling updates from the Surebet Discovery on the Golddigger Property, technical results, corporate developments and investor outreach activities.
Many news items provide detailed assay results and drilling highlights from Surebet, including descriptions of high‑grade gold intervals, visible gold observations, and the performance of multiple stacked veins and Eocene‑aged Reduced Intrusion Related Gold (RIRG) dykes. Goliath regularly reports on the extent of mineralization in the Surebet and Bonanza zones, the number of drill holes completed, and the proportion of holes containing visible gold, along with commentary from technical advisors and management.
Other announcements cover financing and capital structure events, such as warrant exercises by strategic cornerstone shareholders and equity financings. The company also issues news about corporate matters including annual and special shareholder meetings, the approval of its omnibus equity incentive plan, and board decisions regarding potential share consolidations.
Goliath’s news flow additionally includes conference participation and investor relations activities. The company has announced presentations at mining and investment conferences in locations such as Vancouver, Stockholm, San Diego and Nassau, where management discusses the Surebet Discovery and the broader Golddigger Property.
For investors and followers of the basic materials and gold exploration sector, this news page provides a centralized view of Goliath’s operational progress, technical milestones, financing developments and corporate decisions related to its projects in the Golden Triangle.
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.
Goliath Resources (GOTRF) has reported significant drill results from its 2024 field season at the Golddigger Property in B.C.'s Golden Triangle. The company has nearly doubled the size of the known Bonanza High-Grade Gold Zone from 180,000 m² to 341,000 m², which remains open in all directions.
Key highlights include exceptional intercepts from multiple drill holes:
- GD-24-262: 130.14 g/t AuEq over 1 meter in Surebet Zone
- GD-24-273: 32.65 g/t AuEq over 1.05 meters in Bonanza Zone
- 92% of the 64 holes drilled in 2024 contained visible gold
The drilling program demonstrated excellent continuity of the high-grade gold system, with all 64 holes intercepting significant mineralization. Assays are still pending for 96 out of 105 drill holes, with results expected to be released in the immediate future.
Goliath Resources (GOTRF) reported significant drilling results from its 2024 Surebet Discovery campaign at the Golddigger Property, Golden Triangle B.C. Key highlights include:
- Hole GD-24-249 intercepted 226.12 g/t AuEq over 1 meter within 45.60 g/t AuEq over 5.95 meters at the Bonanza Zone
- The Bonanza Zone has nearly doubled in size to 835 x 685 x 612 x 410 meters and remains open
- 92% of 2024 drill holes (62 out of 64) contained visible gold, with 31% containing abundant visible gold
- Discovery of gold-rich porphyritic dykes with visible gold, molybdenum and bismuth mineralization indicates presence of a large Reduced Intrusion Related Gold system
- Assays are pending for 101 drill holes from 38,125 meters of drilling
Goliath Resources has concluded its 2024 drill season at the Golddigger Property in British Columbia's Golden Triangle, drilling a total of 38,125 meters. Key highlights include:
- Bonanza High-Grade Gold Triangle: 19 holes drilled, with assays pending for 17. High-grade gold potential demonstrated with intervals over 9 meters assaying over 31.1 g/t Au.
- Deep Zone: Discovered at 1239 meters below surface, containing visible gold and other minerals. Assays pending.
- Reduced Intrusion Related Gold (RIRG): Visible gold and other minerals identified in veins within porphyritic dykes. Assays pending for 24 holes.
- Treasure Island: Extensive high-grade mineralization with 2938 meters drilled. Assays pending for 12 holes.
- Jackpot: High-grade samples collected, with assays pending for 6 drill holes.
The company has also increased its land package by 28% to 91,518 hectares. Assays are pending for a significant number of drill holes, which could impact future valuations.
Goliath Resources (TSX-V: GOT) (OTCQB: GOTRF) has closed the final tranche of its non-brokered flow-through financing, raising an aggregate of $16,120,500. The offering included participation from strategic cornerstone investors, including Crescat Capital, a Singapore-based Global Commodity Group, and mining legend Rob McEwen. New shareholder Larry Childress also made a sizable initial investment.
The financing consisted of Charity Flow-Through shares at $1.975 each and Flow-Through shares at $1.44 each, both without warrants. The proceeds will be used for exploration programs in the Golden Triangle of northwestern British Columbia, with a focus on the company's Surebet gold discovery. The increased funding has allowed Goliath to expand its drilling program from 15,000 meters to 36,000 meters.
Finders' fees of 6% cash and 6% finder warrants were paid on certain orders. All securities issued are subject to a four-month and one-day hold period.
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