- Goliath Resources (GOTRF, Financial) launches its largest drill program at the Surebet high-grade gold discovery.
- The 40,000-meter campaign entails 9 drilling rigs focusing on extensive exploration and expansion.
- Successful 2024 results include a best hole yielding 34.52 g/t AuEq over 39 meters.
Goliath Resources Limited (GOTRF) has commenced its most ambitious drill program to date, aimed at the Surebet high-grade gold discovery located on its Golddigger Property in British Columbia's Golden Triangle. The program includes 40,000 meters of drilling with nine rigs, following positive outcomes from the 2024 drilling season. The focus will be on assessing the Motherlode causative intrusive gold source, exploring 13 untested Eocene intrusive granitoid dykes, conducting infill drilling on known stacked veins, and expanding mineralized veins both laterally and in depth.
In 2024, 92% of the holes drilled contained visible gold, with the best hole (GD-24-260) yielding 34.52 g/t AuEq over 39 meters, including 132.93 g/t AuEq over 10 meters, and 166.04 g/t AuEq over 8 meters. The discovery footprint currently spans 1.8 square kilometers—equivalent to more than 336 NFL fields—and remains open in all directions. Additionally, Goliath has achieved remarkable gold recoveries of 92.2% with its current metallurgy.
The Golddigger Property, now expanded to 91,518 hectares, is strategically situated with tidewater access, offering logistical advantages with the barge route to Prince Rupert and proximity to infrastructure, including the town of Kitsault. Goliath's robust balance sheet will support this comprehensive exploration venture, positioning the company to potentially capitalize on the untapped discovery potential within this promising geological setting.
