Goliath Reports Major Gold Discoveries at Surebet Zone Drilling

Goliath Resources Limited Achieves Noteworthy Gold Drilling Results

In the ongoing exploration at Goliath Resources Limited (TSX-V: GOT), exciting updates have emerged, particularly from the Surebet Zone. The company has reported that recent drilling activities have surpassed previous expectations by confirming substantial widths of gold mineralization, which are critical for enhancing the overall resource potential in this high-grade area.

Outstanding Discoveries in Bonanza and Surebet Zones

The year 2025 has witnessed Goliath Resources achieve an impressive milestone, doubling the known extent of the Bonanza Zone from 550 meters to over 1.1 kilometers. The drill results reflect this achievement, with all drill holes confirming excellent quartz-sulphide mineralization and an impressive 94% of the drilled holes showcasing visible gold. Such findings are encouraging, illuminating the promising nature of the Surebet discovery.

Drill Hole GD-25-317 Highlights

One of the remarkable drill holes, GD-25-317, encountered exceptional gold mineralization in two significant intervals. The Bonanza Zone section of the hole exhibited 3.17 g/t Au over 18.73 meters, including a standout interval of 11 g/t Au over 4.85 meters. These figures not only exemplify the robust mineralization in this zone but also suggest the possibility of high-grade intersections yet to be discovered in further drilling.

Drill Hole GD-25-302 Insights

Another critical hole, GD-25-302, also revealed impressive results. The bonanza interval demonstrated 2.26 g/t Au over 19.00 meters, with internal grades reaching as high as 8.88 g/t Au over 4.00 meters. This consistency across multiple intervals further signifies the substantial resource potential at the Surebet zone, augmenting the area’s already promising profile.

Strategic Drilling Campaign Continues

With a total planned drilling campaign of 60,000 meters underway, Goliath is well-positioned with nine active rigs contributing to this ambitious project. Currently, 34 holes have been completed, indicating not only efficiency in their operations but also the dedication to fully exploring this high-potential area. The comprehensive drill plan aims to further define the geometry of the resource at depth and laterally.

Technical Insights on Mineralization

The mineralization at the Surebet has been characterized by multiple gently-dipping gold-rich stacked veins alongside recent discoveries of Reduced Intrusion Related Gold (RIRG) dykes. This diverse geological setting supports the expectation of high-grade gold recovery, as outlined by recent assays indicating up to 92.2% recovery in metallurgical assessments completed at the site.

Infrastructure and Accessibility

Goliath Resources is strategically located, with the Golddigger Property situated adjacent to established infrastructural setups that enable efficient access to the site. The proximity to essential services and a barge route to Prince Rupert points to the logistical feasibility of progressing more comprehensive drilling and future mining initiatives.

Future Exploration Plans and Re-logging Initiatives

As part of their ongoing commitment to thorough exploration, Goliath is expanding its geophysical investigations and re-logging initiatives based on previous campaigns. These efforts aim to refine geological models and ultimately uncover additional high-grade gold opportunities. Results from the re-logging initiative have already indicated promising mineralization linked to Motherlode feeder sources.

Community and Industry Engagements

Goliath Resources Limited is a proud member of CASERM, focusing on advancing science within the mining sector. Their collaboration with educational institutions like the Colorado School of Mines underpins their long-term commitment to responsible exploration and community engagement.

Frequently Asked Questions

What breakthroughs has Goliath Resources just reported?

Goliath announced significant gold intersections in their drill campaign, confirming high grades in the Surebet Zone, with GD-25-317 reporting up to 11 g/t Au.

How many drill holes have been completed in the 2025 campaign?

A total of 34 drill holes have been completed, with a targeted goal of 60,000 meters of drilling this year.

What are the expected resource potentials from these findings?

The substantial widths of gold mineralization suggest a promising future resource that may increase as exploration continues.

What is the significance of visible gold in drilling?

Visible gold hints at high-grade zones, increasing confidence in future mining viability and resource estimation.

How can investors stay updated about Goliath's projects?

Investors can follow Goliath's press releases and sign up for newsletters on their official website for the latest updates.

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