- Goliath Resources (OTCQB:GOTRF) has discovered high-grade gold intersections at their Surebet Discovery.
- The company reports impressive drilling results, including 8.31 g/t Au over 23 meters.
- Planned drilling program expanded to 60,000 meters for 2025.
Goliath Resources (OTCQB:GOTRF) has announced noteworthy findings from their Surebet Discovery within the Golddigger Property located in British Columbia's Golden Triangle. The company has reported significant drill results from hole GD-24-280, which revealed an intersection of 8.31 grams per ton (g/t) gold (Au) over 23 meters. Notably, the findings include segments with 15.69 g/t Au over 11 meters and a striking 37.45 g/t Au over 4 meters.
This discovery marks a substantial expansion of the high-grade gold Bonanza Zone, with the drilling occurring approximately 500 meters from previously identified high-grade occurrences. It confirms the presence of gold in three distinct rock packages, which include gently-dipping stacked veins, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and newly discovered calc-silicate altered breccia zones.
The company is upbeat about the exploration potential at Surebet, evidenced by the increase in its planned drilling program for 2025 from 40,000 meters to 60,000 meters. This expanded program will employ nine drill rigs to explore further the geometry and extent of the Surebet discovery.
In their recent operations, Goliath Resources detected visible gold in 94% of drill holes completed in 2024, underscoring the site's potential. The extensive footprint of mineralization currently spans 1.8 square kilometers, which remains open in all directions, indicating further exploration opportunities.