- Goliath Resources (GOTRF, Financial) reports significant gold intersections, with drill hole GD-22-64 yielding 6.31 g/t AuEq over 14.35 meters.
- Seven previously unsampled drill holes from 2021-2024 now show promising results after re-logging.
- The Surebet Discovery spans 1.8 km² and remains open for further exploration.
Goliath Resources Limited (GOTRF) has reported substantial gold intersections from its Surebet Discovery located at the Golddigger Property in British Columbia's Golden Triangle. Notably, drill hole GD-22-64 returned an impressive 6.31 grams per tonne gold equivalent (g/t AuEq) over 14.35 meters, with a higher-grade subset of 11.36 g/t AuEq over 7.85 meters. This marks one of the first significant findings within a gold-rich intrusive feeder dyke in the area.
The company has re-logged and identified visible gold in eight drill holes, with seven previously un-assayed holes now yielding promising outcomes. This development significantly expands the potential for high-grade gold on the Surebet Discovery, which remains open in all directions. The ongoing re-logging program aims to further delineate the mineralized footprint, currently estimated at 1.8 square kilometers.
In response to these findings, Goliath has embarked on its most extensive drill campaign yet, planning a 40,000-meter program focused on expanding the Surebet Discovery. The campaign will also test for additional Eocene intrusive granitoid dykes and infill known mineralized veins. The company is leveraging its improved geological model, refined through 92,000 meters of drilling and over 400 pierce points recorded from 2021 to 2024, to guide its exploration strategy.
The Golddigger Property benefits from excellent infrastructure access, situated on tidewater with direct barge routes to Prince Rupert and proximity to the town of Kitsault, which supports logistical operations. This strategic location underscores the project's favorable conditions for ongoing exploration and potential development.
