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 Limited explores for precious metals in British Columbia's Golden Triangle, where its 100% owned Golddigger Property hosts the high-grade Surebet Gold Discovery. Company news centers on drill results, gold-equivalent assays that account for silver, copper, lead and zinc, geological modeling of stacked vein systems, and exploration plans for expanding mineralized zones laterally and at depth.
Updates also cover property ownership and net smelter return arrangements, exchange and OTC market status, warrant and share-based compensation matters, technical presentations, and additions to advisory expertise supporting the Surebet program.
Goliath Resources (TSX-V: GOT, OTCQB: GOTRF) reported high-grade gold intercepts in its 2024 drilling campaign at the Golddigger Property in the Golden Triangle, B.C. Drill hole GD-24-235 revealed 35.04 g/t AuEq over 6.34 meters and 15.86 g/t AuEq over 11.9 meters, with visible gold and strong sulphide mineralization. Assays are pending for a 24.4-meter intercept and a 10-meter interval in the same hole.
Additional results from GD-24-236 showed 4.14 g/t AuEq over 6.0 meters. The Surebet discovery now includes 10 mineralized vein domains after drilling results from 2021 to 2023. The Golddigger Property, covering 66,608 hectares, benefits from excellent infrastructure and proximity to key mining areas. The program aims to expand known veins and discover new ones, including targets like Jackpot and Treasure Island.
Goliath Resources reported significant mineralized intercepts in drill hole GD-24-237 at the Surebet Zone in the Golden Triangle, B.C. The drill intercepted four zones totaling 105 meters containing abundant visible gold, galena, sphalerite, molybdenite, and bismuth. The mineralized intervals include:
- A 14.39-meter zone with quartz veins hosting visible gold and molybdenite.
- A 47-meter section of the Bonanza Shear with quartz-sulphide stockwork.
- A 16.6-meter interval with calc-silicate veining and stockwork.
- A 26.35-meter interval of the Golden Gate zone featuring high-density veining and stockwork with visible gold.
Drill hole GD-24-237 represents a step out from previous drilling, confirming the system remains open with excellent discovery potential. The ongoing 2024 drill program includes 15,000 meters aimed at expanding known mineralized zones and discovering new veins. The Surebet zone has yielded high-grade gold with excellent metallurgical recoveries, and the property's strategic location supports future exploration.
Goliath Resources has initiated its maiden diamond drill program at the newly discovered Treasure Island, part of the Golddigger Property in British Columbia's Golden Triangle.
The program includes drilling 11 holes from 4 locations, amounting to 1,600 meters, with additional holes planned based on mineralized intercepts. The discovery spans 550 x 450 meters and features high-grade gold and copper mineralization, with channel samples assaying up to 20.60 g/t gold and 14.45% copper.
Significant results include 15 out of 16 channel samples and 13 out of 19 grab and chip samples assaying over 1.00 g/t AuEq. The mineralization remains open in all directions, suggesting further exploration potential.
Goliath Resources has discovered a new deep zone, the “Mothership Feeder Zone,” with abundant visible gold at 648 meters downhole in the first drill hole of 2024 at their Surebet project, Golden Triangle, B.C. This discovery indicates strong potential for additional discoveries during the ongoing 2024 drill program, which includes deeper drill holes, one extending to 900 meters. The program is focused on testing depths above and below the valley floor, expanding known veins, and increasing vein continuity. This drill hole (GD-24-235) intersected multiple mineralized veins containing visible gold and various sulfides over significant intervals. The Surebet discovery has exceptional continuity and excellent gold recoveries, with metallurgical tests showing 92.2% gold recovery. The Golddigger property, where Surebet is located, is fully permitted for 199 drill pads until 2029. The high-grade discoveries and promising initial results increase Goliath's confidence in finding new mineralization zones.
Goliath Resources has commenced its 2024 drilling campaign at the Golddigger Property in the Golden Triangle, B.C. The campaign aims to complete 62 holes from 22 drill pad locations across 15,000 meters using up to three diamond drill rigs.
The primary focus is on the Surebet Discovery, where the company plans to test potential feeder sources and expand known veins. Highlights from previous drilling include significant gold and silver recoveries, and visible gold in 35% of the 124 holes drilled in 2023.
Three new high-grade gold-copper targets—Jackpot, Treasure Island, and Full Contact—will also be tested. Samples from these targets have returned promising results, with assays reaching up to 101.13 g/t AuEq.
Goliath has completed 66,930 meters of diamond drilling at the property to date and recently expanded its land package to 66,608 hectares, controlling key terrain along the 'Red Line'. The project benefits from existing infrastructure and proximity to local communities and ports.
Goliath Resources has launched its 2024 exploration and drilling campaign at the Golddigger Property in British Columbia's Golden Triangle. The campaign includes a 15,000-meter drilling program with 62 holes from 22 drill pad locations, aiming to expand the Surebet discovery and test three new high-grade gold-copper targets: Jackpot, Treasure Island, and Full Contact. Surebet highlights include 35% of 2023 holes containing visible gold and significant grades such as 65.00 g/t AuEq over 7.90 meters. The three new targets also show promising assays and potential for additional discoveries. Goliath has completed 66,930 meters of drilling to date, with a 97% success rate in 2023. The property is well-located with access to infrastructure and has seen significant land package expansion to 66,608 hectares. Exceptional metallurgical recoveries of 92.2% gold have also been reported.