- Discovery of 6 visible gold occurrences in a 96.50-meter mineralized interval.
- Expansion of the Bonanza Zone footprint by 420 meters to the east.
- Drilling program increased from 40,000 to 60,000 meters for 2025.
Goliath Resources (OTCQB: GOTRF) has reported significant drilling results from its Surebet Discovery at the Golddigger Property in British Columbia's Golden Triangle. The latest drilling, specifically drill hole GD-25-302, has intersected six occurrences of visible gold within a 96.50-meter mineralized interval. This interval is noted for its similarities to the company's highest-grade gold interval to date, which previously reported exceptional grades of 34.52 g/t AuEq over 39.00 meters.
This new discovery represents a 420-meter step-out to the east, significantly expanding the footprint of the Bonanza Zone. The company has responded to these encouraging results by increasing its 2025 drilling campaign from 40,000 meters to 60,000 meters, utilizing nine drill rigs. The focus is to explore the potential Motherlode magmatic source and further expand the known mineralized zones.
The mineralization footprint at Surebet now covers an area of 1.8 km² and remains wide open in all directions, promising substantial exploration upside. The drilling campaign aims to delineate the full geometry and extent of the discovery, both laterally and to depth, while also testing new zones and refining the understanding of the system’s geology.
The metallurgical recovery rates are also promising, with the project showing 92.2% gold recovery from gravity and flotation, including 48.8% as free gold without the need for cyanide in processing, and no presence of deleterious elements like mercury or arsenic.
This continued exploration and expansion reinforces Goliath's strategy to unlock the full potential of the Surebet high-grade gold system, maintaining its position as a significant player in the Golden Triangle's promising geological landscape.