202625 releases
Goliath Reports Several Holes, Up To 9.89 g/t AuEq Over 12.00 Meters From Surebet Zone Confirming Continuity, As Well As 24.97 Meters Of 0.70 g/t AuEq From Newly Identified And Extensive Big Bulk Zone, Golddigger Property, Golden Triangle, B.C.
Drilling at the Surebet discovery on the 100%-owned Golddigger property in B.C.'s Golden Triangle returned 9.89 g/t AuEq over 12.00 meters in hole GD-26-483, including 28.81 g/t AuEq over 4 meters, while GD-26-474 cut 9.74 g/t AuEq over 6.23 meters and GD-26-440 intersected 24.97 meters of 0.70 g/t AuEq in the newly identified Big Bulk Zone. The 2026 program totalled 48,443 meters in 97 holes, expanding the Surebet footprint 12% to 2.01 km²; assays remain pending for 55 holes.
Drill resultsGoliath Successfully Completes 48,443 Meters Of Drilling in 97 Drill Holes in 94 Days, With A 100% Hit Rate And Expands Footprint Of High-Grade Surebet Gold Discovery To 2.01 Km2 That Remains Open, Golddigger Property, Golden Triangle, B.C.
The 2026 drill program at the Surebet discovery on the 100%-owned Golddigger Property in B.C.'s Golden Triangle has concluded, with 48,443 meters drilled in 97 holes over 94 days using 7 rigs, and all holes intersecting quartz-sulphide mineralization. The Surebet footprint increased 12% to 2.01 km2 from 1.8 km2, with the Bonanza Zone expanded from 1.27 km2 to 1.51 km2, the Golden Gate Zone from 0.85 km2 to 1.17 km2, and a new Big Bulk Zone identified. Assays remain pending for 83 holes.
Drill resultsGoliath Drills Up To 9.12 g/t AuEq Over 11.27 Meters With Visible Gold And Expands Bonanza Zone At The High-Grade Gold Surebet Discovery That Remains Open For Expansion, Golden Triangle, B.C.
Drill hole GD-26-431 at the Bonanza Zone of the Surebet discovery, Golddigger Property, Golden Triangle, British Columbia, returned 9.12 g/t AuEq over 11.27 metres, including 13.89 g/t AuEq over 7.14 metres, plus a second interval of 4.70 g/t AuEq over 3.03 metres within 1.08 g/t AuEq over 20.00 metres. GD-26-442 cut 8.35 g/t AuEq over 4.15 metres, including 31.42 g/t AuEq over 1.00 metre, and GD-26-426 returned 5.07 g/t AuEq over 3.91 metres. The 2026 program comprises approximately 50,000 metres with 7 rigs.
Drill resultsGoliath Reports Multiple Holes With Visible Gold And Up To 13.81 g/t Au Over 4.85 Meters From Golden Gate Zone, 5.27 g/t AuEq Over 9.85 Meters From Surebet Zone At The High-Grade Gold Surebet Discovery that Remains Open for Expansion, Golden Triangle, B.C.
Drill results from the Surebet discovery on the 100%-owned Golddigger Property in B.C.'s Golden Triangle include GD-26-478 grading 13.81 g/t Au over 4.85 meters (including 21.45 g/t Au over 3.09 meters) in the Golden Gate Zone, GD-26-414 at 10.26 g/t AuEq over 5.00 meters, GD-26-426 at 5.27 g/t AuEq over 9.85 meters, GD-26-450 at 4.42 g/t AuEq over 6.96 meters and GD-26-439 at 4.97 g/t AuEq over 2.95 meters. 92 of 97 planned holes are complete, totalling 45,616 meters in 2026.
Drill resultsGoliath Intersects 26.80 g/t Au Over 2.30 Meters Within 14.28 g/t Au Over 4.32 Meters From The New Volcanic Wedge Zone Between The Bonanza And Golden Gate Zones That Remains Open For Expansion, On The High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Drill hole GD-26-462 at the Surebet discovery on the Golddigger Property, Golden Triangle, British Columbia, returned 26.80 g/t Au over 2.30 meters within 14.28 g/t Au over 4.32 meters in the volcanic Wedge Zone, plus 20.45 g/t Au over 1.65 meters within 9.31 g/t Au over 3.65 meters in the Golden Gate Zone (AuEq assays pending). GD-26-417 returned 0.55 g/t AuEq over 58.00 meters, GD-26-425 1.02 g/t AuEq over 23.20 meters, and GD-26-440 0.66 g/t Au over 24.97 meters. The Surebet footprint now totals 2.01 km2, and the fully funded 2026 program comprises about 50,000 meters with 7 rigs.
Drill resultsGoliath Confirms Multiple Broad Intervals Of Gold Mineralization Connecting The Bonanza And Golden Gate Zones That Remain Open For Expansion, Drilling Continues On The High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Drilling has defined newly recognized volcanic Wedge Zones between the Bonanza and Golden Gate Zones at the Surebet discovery on the 100%-owned Golddigger Property in British Columbia's Golden Triangle, with broad gold-bearing quartz-sulphide intervals typically extending 10–50 metres in core, grades up to 3.60 g/t AuEq and widths up to 58 metres. The wedge intervals define a mineralized area up to 310 metres long and 110 metres vertically, and two wedges have been identified, one in the south-central system and one within a 540-metre southwest step-out.
Drill resultsGoliath’s 2026 Drilling Expands Golden Gate Zone From 0.85 Km2 To 1.17 Km2 And Bonanza Zone From 1.27 Km2 to 1.51 Km2 And Remains Open For Expansion, Drilling Continues On The High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Step-out drilling at the Surebet discovery on the 100%-owned Golddigger Property in B.C.'s Golden Triangle expanded the Golden Gate Zone footprint to 1.17 km2 from 0.85 km2 (38% increase) and the Bonanza Zone to 1.51 km2 from 1.27 km2 (19% increase), bringing the total Surebet footprint to 2.01 km2 from 1.8 km2. Golden Gate gained 1,020 meters and Bonanza 910 meters in 2026; assays are pending. Hole GD-26-424 returned 10.90 g/t AuEq over 6.00 meters. Gold visible to the naked eye was seen in 34 of 59 holes, with 34,990 meters drilled of a planned 98-hole, roughly 50,000-meter program.
Drill resultsGoliath Reports Multiple Holes Up To 7.38 g/t AuEq Over 35.7 Meters, Including 19.51 g/t AuEq Over 8.32 Meters at the High-Grade Gold Surebet Discovery that Remains Open for Expansion, Golden Triangle, B.C.
Drilling at the Surebet Zone on the 100%-owned Golddigger Property in B.C.'s Golden Triangle returned 7.38 g/t AuEq over 35.7 meters in hole GD-26-436, including 19.51 g/t AuEq over 8.32 meters. Hole GD-26-426 cut 5.18 g/t Au over 4.50 meters and 7.85 g/t Au over 3.00 meters, GD-26-431 returned 5.83 g/t Au over 5.95 meters at the Eldorado Zone, and GD-26-414 returned 1.92 g/t AuEq over 16.45 meters. 52 of 98 planned holes are complete, totalling 31,994 meters in 2026.
Drill resultsGoliath Intercepts Up To 10.32 g/t Au Over 6.00 Meters Within The New 320 Meter Expansion Area Of Golden Gate Zone To The Northeast, Remains Open, On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Drill hole GD-26-424 at the Golden Gate Zone on the Golddigger property in B.C.'s Golden Triangle returned 10.32 g/t Au over 6.00 meters, including 15.61 g/t Au over 3.96 meters and 33.80 g/t Au over 1.82 meters. Hole GD-26-412 cut 4.41 g/t AuEq (3.33 g/t Au, 61.14 g/t Ag) over 7.79 meters in the Surebet Zone and 4.17 g/t AuEq over 3.75 meters at Golden Gate. The zone has been expanded by 860 meters and 45 of 98 planned holes, totalling 25,651 meters, are complete.
Drill resultsGoliath Reports Up To 9.87 G/T Au Over 5.00 Meters, Confirms A 320 Meter Expansion Of Golden Gate Zone to The Northeast, Remains Open, On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Drilling at the 100%-owned Golddigger Property in B.C.'s Golden Triangle extended the Golden Gate Zone 320 meters to the northeast, where hole GD-26-420 assayed 6.51 g/t AuEq (6.16 g/t Au, 7.27 g/t Ag) over 5.73 m, including 36.27 g/t AuEq over 0.97 m. Hole GD-26-414 returned 9.87 g/t Au over 5.00 m, including 65.65 g/t Au over 0.75 m, plus 2.81 g/t Au over 4.00 m in the Surebet Zone. 44 of 98 planned holes, totalling 23,863 meters, are complete in 2026.
Drill resultsGoliath Reports Up To 8.09 G/T AuEq Over 16.00 Meters, Assays Confirm Gold Mineralization In Expanded Bonanza and Golden Gate Zones On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Drilling at the 100%-owned Golddigger Property in B.C.'s Golden Triangle returned 8.09 g/t AuEq over 16.00 m in hole GD-26-418, including 18.39 g/t AuEq over 6.75 m and 74.67 g/t AuEq over 1.10 m, plus a second interval of 4.42 g/t AuEq over 5.00 m extending the Bonanza Zone 100 m north. Hole GD-26-417 cut 0.52 g/t Au over 58.00 m, expanding Bonanza and Golden Gate 540 m southwest, and GD-26-425 returned 1.11 g/t Au over 17.20 m. 35 of 98 planned holes, totalling 19,931 m, are complete.
Drill resultsGoliath Significantly Expands Bonanza Zone By 750 Meters and Golden Gate Zone By 600 Meters On High-Grade Gold Surebet Discovery, Remains Open, Golden Triangle, B.C.
Step-out drilling at the 100%-owned Golddigger Property in B.C.'s Golden Triangle expanded the Bonanza Zone by 750 meters to the southwest and the Golden Gate Zone by 600 meters (400 m south, 200 m north), with both zones remaining open and assays pending. Ten of 107 planned holes totalling 4,983 m have been completed in 2026, all intersecting quartz-sulphide mineralization, with visible gold in 6 of 10 holes. The fully funded program plans roughly 50,000 meters using 7 drill rigs.
Drill resultsDrills Are Turning At Goliath Resources Fully Funded 50,000 Meter Expansion Drill Program On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Drilling has begun at the Surebet discovery on the 100%-owned Golddigger Property in B.C.'s Golden Triangle, with 2 rigs on site and 5 more arriving for a total of 7, targeting approximately 50,000 meters in a fully funded 2026 program. Drilling will focus on extending the Bonanza, Golden Gate and Surebet zones and testing a magnetic anomaly interpreted as a possible magmatic gold feeder source. The Company also granted 500,000 five-year stock options to an advisor at $1.49 per share, vesting immediately.
Drill resultsGoliath Resources Mobilizes For A Fully Funded 50,000 Meter Expansion Drill Program On Surebet Discovery, Golden Triangle, B.C.
Crews have mobilized for a fully funded 2026 drill program of approximately 50,000 meters at the Surebet discovery on the 100%-owned Golddigger Property in B.C.'s Golden Triangle, targeting lateral and depth expansion of the Bonanza, Golden Gate and Surebet zones plus a magnetic anomaly interpreted as a Motherlode magmatic gold feeder source. The company reports 156,000 meters drilled to date, with gold mineralization in 100% of holes and visible gold in 355 of 386 holes. Goliath also granted 3,200,000 five-year stock options to officers and directors at $1.63 per share, vesting immediately.
Drill resultsGoliath Resources Strengthens Its Advisory Board With The Addition Of Alan Edwards
Mining engineer Alan Edwards, with over 40 years in the industry and prior roles at Detour Gold, Freeport McMoRan and Kinross Gold, has been appointed to Goliath Resources' advisory board. He received 250,000 stock options at $1.79 per share for a five-year term, vesting immediately, plus 210,000 restricted share units vesting equally over three years with first vesting after one year. Mobilization is weeks away for a fully funded ~50,000 metre 2026 drill program at the 100%-owned Golddigger Project in B.C.'s Golden Triangle.
ManagementGoliath Resources Acquires 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Buys Down 1% Of The NSR, Golden Triangle, B.C.
Issuance of 3,000,000 common shares to The J2 Syndicate and J2 Syndicate Holdings Ltd., following TSX Venture Exchange approval, has earned Goliath the remaining 51% interest in the Golddigger Property in B.C.'s Golden Triangle, host to the Surebet gold discovery, bringing ownership to 100% and buying down the NSR from 3% to 2%. Terms require a mineral resource estimate by June 1, 2030, and US$1 per gold equivalent ounce above 4,000,000 ounces. The proposed extension of McEwen Inc.'s 2,590,673 warrants at $2.50 was not approved and they expire March 10, 2026.
AcquisitionGoliath Resources Proposes to Extend Term of Warrants Held by McEwen Inc.
An application has been made to the TSX Venture Exchange to extend the expiry of 2,590,673 common share purchase warrants, each exercisable at $2.50, from March 10, 2026 to September 10, 2026, with all other terms unchanged. The warrants were issued to McEwen Inc. on March 10, 2025 as part of a $10,000,000 strategic non-brokered private placement of 5,181,347 units at a deemed price of C$1.93 per unit, settled with 868,056 McEwen shares at a deemed C$11.52 each.
CorporateGoliath Reports Numerous High-Grade Intercepts Including 24.16 g/t AuEq Over 7.00 Meters, Grade Values Increased By 19.6 % In 56 Gold Equivalent Drill Results, And Expands Vast Stacked Vein System At Surebet Discovery, Golden Triangle, B.C.
24.16 g/t AuEq over 7.00 meters, within 17.32 g/t AuEq over 10.00 meters, within 8.35 g/t AuEq over 23.00 meters, was returned from hole GD-24-280 in the Bonanza Zone at the Surebet discovery on the Golddigger property, Golden Triangle, British Columbia. Gold-equivalent assays for the remaining 56 of 110 holes drilled in 2025 show an average 19.6% grade increase over previously reported gold-only results, or 16.5% across all 110 holes. Other intercepts include 30.06 g/t AuEq over 4.00 meters in GD-25-319. The 2026 drill program is fully funded.
Drill resultsGoliath Reports Numerous High-Grade Intercepts Up To 10.83 g/t AuEq Over 22.82 Meters, Grade Values Increased By 13.2% In 55 Gold Equivalent Drill Results, Assays Pending On A Further 56 AuEq Holes Drilled In 2025, Surebet Discovery, Golden Triangle, B.C.
Gold-equivalent assay results were reported for 54 of 110 holes drilled in 2025 at the Surebet Discovery on the Golddigger Property, Golden Triangle, British Columbia, showing an average 13.2% increase in overall grade values versus previously announced gold-only assays. Hole GD-25-337 returned 10.83 g/t AuEq over 22.82 metres, including 15.51 g/t AuEq over 15.71 metres and 38.71 g/t AuEq over 3.36 metres in the Golden Gate Zone. Assays on a further 56 holes are pending.
Drill resultsGoliath Resources Upgrades From OTCQB To A OTCQX Listing
Goliath Resources has been upgraded to the OTCQX Best Market from the OTCQB Venture Market and begins trading today under the symbol GOTRF. The company explores precious metals projects in British Columbia's Golden Triangle, including the Surebet discovery on the 91,518-hectare Golddigger Property. Goliath completed 64,364 metres of drilling in 2025, with 110 holes pending gold equivalent assays, and is fully funded for a similar 2026 program.
CorporateGoliath Resources Selected for PDAC 2026 Core Shack, Session B Tuesday, March 3rd – Wednesday, March 4th Booth # 3114B
Goliath Resources will display core at the PDAC 2026 Core Shack, Session B, booth #3114B, on Tuesday March 3 (10 a.m.–5 p.m.) and Wednesday March 4 (10 a.m.–12 p.m.) at the Metro Toronto Convention Centre, featuring its Surebet discovery on the 100%-controlled Golddigger property in British Columbia's Golden Triangle. The company granted 1,700,000 options to consultants, vesting immediately, priced at $2.65 for five years. Assays for gold equivalent results are pending on 110 holes from its 64,364-metre 2025 drill program.
CorporateGoliath Resources Fast Tracks 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Reduces The NSR from 3% to 2%, Golden Triangle, B.C.
An amended option agreement with The J2 Syndicate will increase Goliath's interest in the Golddigger Property, host of the Surebet gold discovery in B.C.'s Golden Triangle, from 49% to 100% and reduce the Syndicate's NSR from 3% to 2%, in exchange for 3,000,000 Goliath common shares issued no later than March 15, 2026, subject to TSXV approval. The maiden resource estimate deadline moves from June 1, 2027 to June 1, 2030, with US$1 payable per gold equivalent ounce above 4,000,000 ounces.
AcquisitionGoliath Intersects Several High-Grade Holes Including 19.13 g/t Au Over 6.10 Meters, Drilling Significantly Expands Extent Of Gold Mineralization In All 5 Main Zones That Remain Open At Surebet, 110 Holes From 2025 Are Pending Assays For Gold Equivalent Results
Gold-only assays from the final 70 holes of the 2025 drill campaign at the Surebet discovery on the Golddigger Property, Golden Triangle, British Columbia, included 19.13 g/t Au over 6.10 metres in hole GD-25-319, 10.58 g/t Au over 8.30 metres in GD-25-405 and 10.56 g/t Au over 3.70 metres in GD-25-312. Gold equivalent assays remain pending for 110 holes; 83 of 110 holes drilled in 2025 contained visible gold. The 2025 program totalled 64,364 metres and the 2026 program is fully funded. The Company also engaged Independent Trading Group as market maker at CAD$6,000 per month and granted 3,240,000 restricted share units.
Drill resultsGoliath Resources Announces Results of Shareholder Meeting, BOD Exercised Its Discretion Not To Proceed With Consolidation
Shareholders approved all items of business at Goliath Resources' annual and special meeting held January 14, 2026, including the re-election of directors Roger Rosmus, Graham Warren, Wayne Isaacs and Rein Turna, re-appointment of McGovern Hurley LLP as auditor, re-approval of the omnibus equity incentive plan with certain amendments, and a share consolidation of one new for up to seven old common shares. The Board has exercised its discretion not to proceed with the consolidation.
CorporateGoliath Resources Selected For Core Shack, AME Roundup 2026 – Booth #1026C, Also Attending VRIC – Booth #131 And Metals Investors Forum In Vancouver
Goliath Resources will exhibit in the Core Shack at AME Roundup 2026 (Booth #1026C) on January 26-27 and at Booth #1104 for all four days, January 26-29, at the Vancouver Convention Centre East. The company also has Booth #131 at the Vancouver Resource Investment Conference on January 25-26, where CEO Roger Rosmus presents January 25 at 11:00 AM, and a booth at the Metals Investor Forum Vancouver on January 23-24, with Rosmus presenting January 23 at 10:00 AM.
Corporate
202538 releases
Goliath Receives $1,730,882 Through Warrant Exercises, Inclusive Of Crescat Capital A Longtime Strategic And Cornerstone Shareholder
Proceeds of $1,730,882 were received over the past few weeks from warrant exercises by longtime strategic and cornerstone shareholders, including Crescat Capital, who exercised the balance of their remaining warrants. Remaining outstanding warrants consist of 2,590,673 priced at $2.50 expiring March 10, 2026, held by one cornerstone strategic investor, plus 841,777 finder warrants expiring in 2027 at an average strike price of $2.59. Goliath completed 64,364 meters of drilling in 2025 at its Golddigger property in British Columbia, with 70 holes pending assays.
FinancingRob McEwen A Cornerstone Strategic Investor Increases Direct Ownership In Goliath Resources Limited
Rob McEwen exercised all of his warrants in Goliath Resources for total proceeds of $1,214,285, raising his direct holding to 4,445,142 common shares, or 2.6% of issued and outstanding shares. McEwen Inc. holds 5,181,347 common shares plus 2,590,673 warrants at a $2.50 strike price expiring March 10, 2026, representing $6,476,683; if exercised it would hold 7,772,020 shares, or about 4.5%. Goliath completed 64,364 meters of drilling in 2025 with 70 holes pending assays and is funded for a 40,000–50,000 meter 2026 program.
FinancingGoliath Resources Proposes Potential Share Consolidation
Shareholders of Goliath Resources will vote on a share consolidation of one new share for up to seven old shares at the annual and special meeting on January 14, 2026, with the Board given discretion to set the final ratio within that range or not to proceed. The company currently has 171,754,056 common shares outstanding, which would fall to approximately 24,536,294 at a 1:7 ratio. The consolidation requires shareholder, regulatory and TSX Venture Exchange approval, and no name or symbol change is expected.
CorporateGoliath Reports 10 High-Grade Holes Up To 7.28 g/t Au Over 8.00 Meters Within 5.85 g/t Au Over 10.00 Meters In RIRG Dyke (417m - 427m downhole and 500m Above Valley Floor) At The 1.8 Km2 Surebet Discovery That Remains Open, Golddigger Property, Golden Triangle, B.C.
Ten additional assay results from the 2025 drill program at the Surebet discovery on the Golddigger property, Golden Triangle, British Columbia, include hole GD-25-383 at 7.28 g/t Au over 8.00 meters within 5.85 g/t Au over 10.00 meters from 417 meters in an Eocene-aged RIRG dyke, and hole GD-25-311 at 15.13 g/t Au over 3 meters. The 2025 campaign totalled 64,364 meters in 110 holes; assays remain pending for 70 holes.
Drill resultsGoliath Drills Several Holes Of High-Grade Gold Up To 10.25 g/t Au Over 7.02 Meters Within 5.20 g/t Au Over 15.00 Meters From 281m To 296m Downhole, Surebet Discovery Remains Open, Golddigger Property, Golden Triangle, B.C.
Drill results from the 2025 program at the Surebet Discovery on the Golddigger Property, Golden Triangle, British Columbia included hole GD-25-377 with 10.25 g/t Au over 7.02 metres, within 7.16 g/t Au over 10.84 metres, within 5.20 g/t Au over 15.00 metres from 281m to 296m, plus 1.06 g/t Au over 30.00 metres and 8.73 g/t Au over 3.80 metres. GD-25-332 returned 13.38 g/t Au over 5.75 metres, GD-25-380 4.83 g/t Au over 8.00 metres and GD-25-374 4.59 g/t Au over 8.00 metres. The campaign totalled 64,364 metres; assays are pending for 80 holes.
Drill resultsGoliath Resources Discloses Observations In Holes From This Years Exploration Campaign (Assays pending for 84 holes of which 66 contain visible gold to the naked eye "VG-NE")
Assays remain pending on 84 holes from the 2025 exploration campaign at the Surebet discovery on the Golddigger property in British Columbia's Golden Triangle, of which 66 contain visible gold to the naked eye (VG-NE), most with multiple occurrences. Of the 110 holes drilled in 2025, 83 (76%) contain VG-NE and 100% intersected substantial quartz-sulphide mineralization; 355 of 386 holes (92%) drilled to date contain VG-NE. Goliath completed 64,364 meters in 2025 and is funded for a 40,000–50,000 meter program in 2026.
Drill resultsGoliath Drills Multiple High-Grade Gold Intervals Up To 10.72 g/t Au Over 7.83 Meters, Including 20.37 g/t Au Over 4.10 Meters At The 1.8 Km2 Surebet Discovery That Remains Wide Open, Golddigger Property, Golden Triangle, B.C
Drilling at the Surebet discovery on the Golddigger property in British Columbia's Golden Triangle returned 10.72 g/t Au over 7.83 metres, including 20.37 g/t Au over 4.10 metres, in hole GD-25-372, plus 6.30 g/t Au over 7.50 metres in GD-25-373, 6.11 g/t Au over 7.65 metres in GD-25-324, and 2.20 g/t Au over 22.00 metres in GD-25-370. The 2025 campaign totalled 64,364 metres with nine rigs; assays remain pending for 84 holes.
Drill resultsGoliath Closes $26.3M Bought Deal At $4.39 Per Share Average With No Warrant
A bought deal private placement closed for gross proceeds of approximately C$26.3 million, including full exercise of the underwriters' option, comprising 1,977,157 national flow-through shares at C$4.20 (approximately C$8.3 million) and 4,054,054 BC flow-through shares at C$4.44 (approximately C$18 million). Stifel Canada was sole bookrunner with CIBC World Markets; the underwriters received a C$1,578,243.55 cash commission and 361,873 broker warrants exercisable at C$3.22 for 24 months. Proceeds will fund qualifying exploration at the Golddigger-Surebet Gold Project in British Columbia by December 31, 2026, subject to TSX Venture Exchange approval.
FinancingGoliath Resources Presenting At Conferences Located In Stockholm, San Diego and Nassau During the Month Of October 2025
Founder and CEO Roger Rosmus will present at three October 2025 conferences: Nordic Funds and Mines 2025 in Stockholm on October 8–9 (presentation at 11:00 AM CEST on October 9), LD Micro Main Event XIX in San Diego from October 19–21, and the Centurion One Capital 3rd Annual Bahamas Summit in Nassau on October 28–29. The company also granted 300,000 five-year stock options at C$3.26 per share, vesting immediately, and 100,000 RSUs vesting one year from issuance, to advisors and consultants.
CorporateGoliath Resources Announces C$23 Million Bought Deal Private Placement, Average Price $4.39 And No Warrant
A bought deal private placement of flow-through shares for gross proceeds of approximately C$23 million has been agreed with Stifel Canada as sole bookrunner: 1,190,477 national flow-through shares at C$4.20 (about C$5 million) and 4,054,054 BC flow-through shares at C$4.44 (about C$18 million), with a 15% underwriters' option. Proceeds will fund qualifying exploration expenditures at the Golddigger-Surebet Gold Project in British Columbia. Closing is expected on or about October 23, 2025, subject to TSX Venture Exchange approval.
FinancingGoliath Completes Over 64,000 Meters Of Drilling in 110 Drill Holes, With 100% Hit Rate In 90 Days On 1.8 Km2 Surebet Gold Discovery That Remains Open, Golddigger Property, Golden Triangle, B.C.
The 2025 drill program at the Surebet discovery on the 100%-controlled Golddigger property in B.C.'s Golden Triangle has concluded with over 64,000 meters in 110 holes using 9 rigs, exceeding the planned 60,000 meters. All holes drilled to date intersected quartz-sulphide mineralization, and 83 of 110 holes (76%) logged in 2025 contain visible gold. Assays are pending for 88 holes, with core logging to finish in the coming weeks.
Drill resultsGoliath Intersects Several High-Grade Gold Holes Including 8.45 g/t Au Over 7.13 Meters, Within 5.13 g/t Au Over 12.00 Meters, Drilling Maintains 100% Hit Rate, Surebet Discovery Remains Open, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-25-365 at the Surebet discovery on the Golddigger Property in B.C.'s Golden Triangle returned 8.45 g/t Au over 7.13 metres within 5.13 g/t Au over 12.00 metres, including 17.20 g/t Au over 3.35 metres. Other holes returned 6.47 g/t Au over 4.00 m (GD-25-360), 10.13 g/t Au over 3.00 m (GD-25-358), 6.96 g/t Au over 3.43 m (GD-25-354), 6.38 g/t Au over 3.00 m (GD-25-359) and 5.01 g/t Au over 3.30 m (GD-25-350). Assays are gold only; the 2025 program targets up to 60,000 metres with 9 rigs.
Drill resultsGoliath Intersects 18.58 g/t Gold Over 5.00 Meters, Drilling Maintains 100% Hit Rate, 90% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-25-328 at the Surebet discovery on the Golddigger property in British Columbia's Golden Triangle returned 18.58 g/t gold over 5.00 meters, including 30.95 g/t over 3 meters, while GD-25-355 returned 5.72 g/t Au over 12.20 meters and GD-25-345 5.09 g/t Au over 9.00 meters. Assays reflect gold only, pending Ag, Cu, Pb and Zn. Of the planned up to 115 holes, 82 holes totalling 55,000 meters are complete, with assays pending for 69 holes.
Drill resultsGoliath Intersects 10.62 g/t Gold Over 22.82 Meters, Drilling Maintains 100% Hit Rate, 95% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-25-337 at the Surebet discovery on the Golddigger Property in B.C.'s Golden Triangle returned 10.60 g/t Au over 22.82 meters, including 15.19 g/t Au over 15.71 meters, with 37.28 g/t Au over 3.36 meters and 36.11 g/t Au over 3.08 meters. Other holes returned 12.16 g/t Au over 6 meters (GD-24-277), 11.03 g/t Au over 5.7 meters, 10.08 g/t Au over 5 meters and 6.85 g/t Au over 6 meters. 65 holes totalling 45,000 meters are complete in 2025, with 50 holes (15,000 meters) remaining and assays pending for 55 holes.
Drill resultsGoliath Intersects 11.00 g/t Au Over 4.85 Meters, Drilling Maintains 100% Hit Rate, 94% Of Holes Contain Visible Gold, Assays Pending Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-25-317 at the Surebet discovery, Golddigger Property, Golden Triangle, British Columbia, returned 3.17 g/t Au over 18.73 meters, including 11 g/t Au over 4.85 meters, in the Bonanza Zone, plus 3.64 g/t Au over 9.40 meters in the Surebet Zone. GD-25-302 returned 2.26 g/t Au over 19.00 meters and 1.59 g/t Au over 16.00 meters, extending the Bonanza Zone 150 meters south. 34 holes (~25,000 meters) of the fully funded 60,000-meter program are complete.
Drill resultsGoliath Intersects 8.31 Gpt Au Over 23 Meters Including 15.69 Gpt Au Over 11 Meters Including 37.45 Gpt Au Or 1.20 Oz T Over 4 Meters
Re-logging and sampling of drill hole GD-24-280 at the Surebet discovery on the Golddigger Property, Golden Triangle, British Columbia, returned 8.31 g/t Au over 23.00 meters, including 15.69 g/t Au over 11 meters and 37.45 g/t Au (1.20 oz/T) over 4 meters, in a third distinct rock package of calc-silicate altered breccia within the Bonanza Zone, interpreted as a ~500 meter step-out to the east. Assays reflect gold only, with Ag, Cu, Pb and Zn pending. The 2025 drill campaign has been increased from 40,000 meters to 60,000 meters using nine rigs.
Drill resultsGoliath Observes Multiple Occurrences Of Visible Gold Within 96.50 Meters Of Mineralization At Surebet High-Grade Gold Discovery, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-25-302 at the Surebet discovery on the Golddigger property in B.C.'s Golden Triangle intersected six occurrences of visible gold within a 96.50 meter mineralized interval from 89.50 to 186.00 meters in sulphide-rich calc-silicate veins in altered andesite; assays are pending and the hole remains in progress toward a planned 1,000 meter depth. The hole is a 420 meter step out east of GD-24-260. The 2025 drill program has been increased from 40,000 meters to 60,000 meters using nine rigs.
Drill resultsGoliath Significantly Upsizes Fully Funded 2025 Drill Program From 40,000 Up To 60,000 Meters Based On Newly Identified Widespread Abundant Visible Gold In Multiple Drill Holes At The Surebet High-Grade Gold Discovery, Golddigger Property, Golden Triangle, B.C.
The 2025 drill program at the Surebet discovery on the Golddigger Property in B.C.'s Golden Triangle has been increased from 40,000 meters up to 60,000 meters using nine drill rigs, fully funded following a recently closed upsized charity flow-through financing of $27,000,000 at $3.17 per share with no warrant. Five rigs are turning, with four more arriving. Re-logged hole GD-22-64 assayed 6.31 g/t AuEq over 14.35 meters, including 11.36 g/t AuEq over 7.85 meters; seven further holes await assays.
Drill resultsGoliath Intersects 6.31 g/t AuEq Over 14.35 Meters In RIRG Feeder Dyke, The First Of Multiple Relogged Holes Containing Abundant Visible Gold Substantially Expanding High-Grade Gold Potential On The Surebet Discovery That Remains Wide Open, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-22-64 at the Surebet discovery on the 100%-controlled Golddigger Property in B.C.'s Golden Triangle assayed 6.31 g/t AuEq over 14.35 metres, including 11.36 g/t AuEq over 7.85 metres, from an Eocene intrusive feeder dyke. Re-logging of 2021–2024 core identified visible gold in seven additional previously unsampled holes, including GD-24-280 and GD-24-277 in newly recognised calc-silicate altered breccia, with assays pending. The program was expanded from 50 to 75 holes, totalling 3,390 metres, alongside a 40,000 metre 2025 drill campaign.
Drill resultsGoliath Resources Closes Concurrent C$4,062,500 Non-Brokered CFT Shares Financing At C$3.17 Each For Combined Gross Proceeds of C$27,065,605
A concurrent non-brokered financing of 1,281,545 charity flow-through shares at C$3.17 each closed for gross proceeds of C$4,062,500, bringing combined proceeds with the earlier bought deal of 7,256,500 shares at C$3.17 (C$23,003,103) to C$27,065,605. Compensation included a 6.0% cash commission and 512,284 warrants exercisable at C$2.12 until June 16, 2027 and June 17, 2027. Proceeds will fund exploration at the Golddigger-Surebet Project in British Columbia; final TSX Venture Exchange approval is pending.
FinancingGoliath Resources Announces Closing of LIFE Offering Including the Full Exercise of Underwriters’ Option for Gross Proceeds of $23,003,105
A bought-deal private placement of 7,256,500 charity flow-through shares at C$3.17 each closed for gross proceeds of C$23,003,103, including full exercise of the underwriters' over-allotment option. Stifel Nicolaus Canada led the syndicate, receiving a 6.0% cash commission and 435,390 broker warrants exercisable at C$2.12 until June 16, 2027. A concurrent non-brokered placement of up to 1,281,545 shares for up to C$4,062,500 is expected to close shortly. Proceeds will fund exploration at the Golddigger-Surebet Project in British Columbia.
FinancingGoliath Resources Provides Update on Upcoming Private Placements
The exercise price of broker warrants and finder's warrants to be issued under Goliath's two announced private placements has been amended from C$1.95 to C$2.12 per common share, with all other terms including the expiry date unchanged. The placements comprise a bought deal of 6,310,000 charity flow-through shares at C$3.17 for gross proceeds of C$20,002,700 and a non-brokered offering of up to 1,281,545 shares at C$3.17 for up to C$4,062,500. Closings remain subject to TSX Venture Exchange approval.
FinancingGoliath Confirms Multiple Occurrences Of Visible Gold Over A 26 Meter Interval From Newly Identified RIRG Feeder Dyke On Surebet High-Grade Gold Discovery That Remains Wide Open, Golddigger Property, Golden Triangle, B.C.
Visible gold grains up to 1 mm were identified across a 26.47-meter interval of intermediate intrusive granitoid dyke in hole GD-22-64, from 274.15 to 300.62 meters, at the Surebet discovery on the Golddigger Property in B.C.'s Golden Triangle; the interval has been sampled and assays are pending. GD-22-64 is the first of 50 previously drilled holes, totalling 2,062 meters, selected for re-logging. Goliath has begun a 40,000-meter drill program focused entirely on Surebet.
Drill resultsGoliath Resources Announces Concurrent Non-Brokered Private Placement of Charity Flow-Through Shares Following Previously Announced “Bought Deal” Offering For Combined Gross Proceeds Total Up To C$24,065,200
A concurrent non-brokered private placement of up to 1,281,545 charity flow-through common shares at C$3.17 each for gross proceeds of up to approximately C$4,062,500 will be completed alongside the previously announced C$20,002,700 bought deal, for combined gross proceeds of up to C$24,065,200. Finders receive a 6.0% cash commission and Finder's Warrants equal to 6.0% of shares sold, exercisable at C$1.95 for 24 months. Closing is expected on or about June 16, 2025, with proceeds funding qualifying expenditures at the Golddigger-Surebet Gold Project in British Columbia.
FinancingGoliath Resources Announces Bought Deal Private Placement of Charity Flow-Through Financing for Gross Proceeds of C$20,002,700
A bought deal private placement of 6,310,000 charity flow-through common shares at C$3.17 each will raise gross proceeds of C$20,002,700, with Stifel Nicolaus Canada Inc. as sole bookrunner and lead underwriter, plus an underwriters' option for an additional 15%. Proceeds will fund qualifying exploration expenditures at the Golddigger-Surebet Gold Project in British Columbia, incurred on or before December 31, 2026 and renounced effective no later than December 31, 2025. Closing is expected on or about June 16, 2025, subject to TSX Venture Exchange approval.
FinancingGoliath Mobilizes For Its Largest Drill Program Of 40,000 Meters With 9 Rigs On The Extensive Surebet High-Grade Gold Discovery That Remains Wide Open Golddigger Property, Golden Triangle, B.C.
A 40,000 metre drill program using 9 rigs has been mobilized at the Surebet gold discovery on the 100%-controlled Golddigger Property in B.C.'s Golden Triangle, entirely focused on Surebet. The program will test for a causative intrusive gold source, drill 13 previously untested Eocene intrusive granitoid dykes seen on surface, infill known stacked veins around the Bonanza and Surebet Zone intersection, and expand veins laterally and at depth. Core from 50 holes drilled 2021–2024, totalling 2,062 metres, will be relogged and may be assayed.
Drill resultsGoliath Resources Engages JDS Energy & Mining Inc. To Forge Plans To Drive An Exploration Adit At Its Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
JDS Energy & Mining Inc. has been engaged to assess the viability, permitting and development of an underground exploration adit at the Surebet discovery on the 100%-controlled Golddigger property in British Columbia's Golden Triangle. The adit would access the gently-dipping Bonanza Zone, located about 200 metres above the valley floor, enabling underground drilling, confirmation of thickness and continuity, potential bulk sampling and metallurgical work, and a potentially longer drill season. Goliath expects to mobilize shortly for its 2025 drill campaign.
Drill resultsSurebet Definitively Proven To Be Part of a Large-Scale Tier-1 Reduced Intrusion Related Gold System With Tremendous Upside Remaining, Golden Triangle, B.C.
A geological study by the Colorado School of Mines on the Surebet discovery at the Golddigger Property, Golden Triangle, B.C., concluded that shear-hosted veins and felsic to intermediate dykes share a common Reduced Intrusion Related Gold source, with mineralization dated at 50.7 ± 1.0 Ma overlapping a U-Pb zircon age of 52.0 ± 1.5 Ma for the dykes. Twelve stacked veins have been modelled, with grades up to 34.52 g/t AuEq over 39.00 meters. Shareholders approved a shareholder rights plan on March 17, 2025, and 300,000 five-year options were granted at $1.61.
NewsStrategic Investors Crescat Capital and Mr. Rob McEwen Participate In $3,157,193 Exercise Of Goliath Resource Warrants
Warrant exercises since January 1, 2025 have brought Goliath Resources $3,157,193, with participation from Crescat Capital (~14.4% holder) and Rob McEwen (~3.9%). A further 9,781,472 warrants remain outstanding, worth $6,377,964 at an average strike price of $0.65 and expiring on or before December 29, 2025, including $3,601,475 at an average $0.68 strike expiring by May 16, 2025; the TSXV close was $1.82. The Company also granted 2,600,000 five-year options at $1.88 and 2,350,000 RSUs.
FinancingGoliath Resources Updated Modelling Confirms Its Large Gold Rich Layered System Is Directly Associated To Motherlode Intrusive Source (RIRG) And Multiple Gold Rich Feeder Dykes That Assayed Up To 12 g/t AuEq Over 10 Meters That Remain Open For Expansion, Surebet Discovery, Golden Triangle, B.C.
Updated modelling at the Surebet discovery on the Golddigger Property in B.C.'s Golden Triangle links the 1.2 km stacked vein system over 1.8 km2 to a Reduced Intrusion Related Gold System source, with 17 feeder dykes intersected in drilling or mapped at surface, 13 of which remain untested. Previously reported dyke results include 12.03 g/t AuEq over 10.00 metres in GD-22-58 and 10.50 g/t AuEq over 7.00 metres in GD-24-237. Nineteen holes from 2021–2024, possibly over 900 metres of core, will be relogged and assayed, with mobilization scheduled for May 2025.
Drill resultsMcEwen Mining Inc. Completes $10,000,000 Strategic Investment In Goliath Resources Limited At $1.93 Per Unit
A $10,000,000 strategic non-brokered private placement with McEwen Mining Inc. has closed, comprising 5,181,347 units at a deemed price of C$1.93 per unit, paid via issuance to Goliath of 868,056 McEwen common shares at a deemed price of C$11.52 per share. Each unit includes one common share and half a warrant, for 2,590,673 warrants exercisable at C$2.50 for 12 months. McEwen Mining now holds ~5.4% and Rob McEwen ~3.9% on a partially diluted basis, with a two-year 9.9% standstill agreement.
FinancingGoliath Drills 9.39 g/t AuEq Over 10.17 Meters And Updates Model With 4 New Gold Veins For A Total Of 12 Stretching Vertically For 1.2 km And Spread Over A 1.8 km2 Area That Remain Open On Surebet, Golden Triangle, B.C.
Final 2024 drill assays from the Surebet Zone on the 100%-owned Golddigger Property in B.C.'s Golden Triangle include 9.39 g/t AuEq (8.99 g/t Au, 12.21 g/t Ag) over 10.17 metres within 7.33 g/t AuEq over 13.10 metres in hole GD-24-254, plus 12.67 g/t AuEq over 5.00 metres in the Golden Gate zone from 603-608 metres. Four new zones were modelled in 2024, bringing stacked gold layers to 12 across 1.8 km² and 1.2 km vertically. All 243 drill holes to date intersected mineralization.
Drill resultsGoliath Resources Presenting At Metals Investors Forum (MIF) February 28th - March 1st And PDAC 2025, March 2nd - 5th, Booth # 3234
Goliath Resources will present at the Metals Investor Forum on February 28 and March 1 at the Delta Hotel, 75 Lower Simcoe Street, Toronto, and at PDAC 2025 at the Metro Toronto Convention Centre from March 2 to 5 in the Investors Exchange South Hall, Booth #3234. Founder and CEO Roger Rosmus will give a technical presentation at 5:10 pm EST on Saturday, March 1 during Session 5, with guest speaker Dr. Quinton Hennigh beginning at 4:30 pm EST.
CorporateGoliath Drills 10.91 g/t AuEq Over 10.00 Meters Including 15.51 g/t AuEq Over 7.00 Meters And Discovers Two New Stacked Gold Veins That Remain Open At Surebet High-Grade Gold Discovery, Golden Triangle B.C., Assays Pending On 77 Holes
Drilling at the Surebet discovery on the Golddigger Property in B.C.'s Golden Triangle returned 10.91 g/t AuEq (10.53 g/t Au, 22.83 g/t Ag) over 10.00 meters in GD-24-248, including 15.51 g/t AuEq over 7.00 meters, while GD-24-247 cut 13.09 g/t AuEq over 7.95 meters and GD-24-276 intersected two new stacked veins grading 6.24 g/t AuEq over 5.00 meters and 4.14 g/t AuEq over 5.00 meters. Assays for a further 77 holes are pending. A private placement with McEwen Mining of 5,181,347 units at C$1.93 remains subject to approvals.
Drill resultsGoliath Drills Intrusive Feeder Assaying 12.03 g/t AuEq Over 10.00 Meters And Five New Stacked Gold Veins - 83 Holes Assays Pending
Drill hole GD-22-58 at the Surebet discovery on the Golddigger Property, Golden Triangle, B.C., returned 12.03 g/t AuEq (11.84 g/t Au, 15.61 g/t Ag) over 10.00 meters, including 19.91 g/t AuEq over 6.00 meters, plus 8.59 g/t AuEq over 5.00 meters from an intrusion-related feeder dyke. Five new stacked gold veins were identified in holes GD-24-250, 263, 290, 291 and 241, with intercepts up to 11.66 g/t AuEq over 5.97 meters. Assays for 83 additional holes are being compiled.
Drill resultsMcEwen Mining To Make Strategic Investment Into Goliath Resources
McEwen Mining Inc. has agreed to make a strategic investment in Goliath Resources, paying in McEwen Mining shares worth C$10 million based on the January 28, 2025 closing prices of both companies, plus receiving a half warrant exercisable at C$2.50 for 12 months. Post-transaction, McEwen Mining will hold 3.76% of Goliath's issued and outstanding shares, and Goliath will own 868,056 McEwen Mining shares. Goliath's Surebet discovery is on its Golddigger property in British Columbia's Golden Triangle.
FinancingGoliath Drills Remarkable Hole Assaying 34.52 Gt Aueq 1.11 Ozt Aueq Over 39.00 Meters
Drill results from five holes at the 100%-controlled Golddigger Property in B.C.'s Golden Triangle include GD-24-260, which returned 34.52 g/t AuEq over 39.00 meters in the Bonanza Zone, including 132.93 g/t AuEq over 10.00 meters and 166.04 g/t AuEq over 8.00 meters. GD-24-275 returned 12.01 g/t AuEq over 11.00 meters in the Bonanza Zone and 5.00 g/t AuEq over 6.00 meters in the Surebet Zone. Assays remain pending for 89 of 105 holes.
Drill resultsGoliath Reports Multiple High Grade Gold Intercepts Within Several Holes
Drill results from five holes at the 100%-controlled Golddigger Property in B.C.'s Golden Triangle include GD-24-262, which returned 32.67 g/t AuEq over 4.00 meters in the Surebet Zone, including 130.14 g/t AuEq over 1.00 meter, plus Bonanza Zone intervals of 13.34 g/t AuEq over 6.00 meters and 13.90 g/t AuEq over 7.60 meters, including 33.80 g/t AuEq over 3.10 meters. The Bonanza High-Grade Gold Zone was expanded from 180,000 m2 to 341,000 m2. Assays remain pending for 96 of 105 holes.
Drill results
202441 releases
Goliath Intercepts 226.12 G T Or 7.3 Oz T Aueq Over 1 Meter Within 45.60 G T Or 1.5 Oz T Aueq At Bonanza Zone
Drill hole GD-24-249 at the Surebet discovery on the Golddigger Property, Golden Triangle, British Columbia, returned 226.12 g/t AuEq (225.03 g/t Au and 88.90 g/t Ag) over 1 meter between 76.60–77.60 meters, within 45.60 g/t AuEq over 5.95 meters from 71.65 meters. GD-24-237 cut 1.33 g/t AuEq over 37.00 meters and, in a porphyritic dyke, 10.50 g/t AuEq over 7.00 meters. The delineated Bonanza Zone was expanded from 720 x 612 x 410 meters to 835 x 685 x 612 x 410 meters; assays are pending for 101 drill holes from 38,125 meters.
Drill resultsGoliath Resources Concludes Successful 2024 Drill Season At New Bonanza High-Grade Gold Triangle, Deep Zone, Reduced Intrusive Related Gold (RIRG), and Treasure Island For A Total Of 38,125 Meters Drilled On Its Golddigger Property, Golden Triangle, B.C.
A total of 38,125 meters was drilled in 2024 on the 100%-controlled Golddigger property in B.C.'s Golden Triangle, with 59 of 64 holes (92%) containing visible gold and assays pending on 105 holes plus 12 holes at Treasure Island. The new Bonanza High-Grade Gold Triangle measures 720 x 612 x 410 meters, where GD-24-197 assayed 34.03 g/t AuEq over 9 meters and GD-24-235 assayed 35.04 g/t AuEq over 5.25 meters; a new Deep Zone was intersected 1,239 meters below surface. The land package was increased from 66,000 ha to 91,518 ha, and 2,875,000 restricted share units were granted to officers and directors.
Drill resultsGoliath Closes Final Tranche Of Non-Brokered Private Placement For Aggregate Proceeds Of $16,120,500 Including Several Strategic Cornerstone Purchasers Acquiring Shares
The final tranche of a non-brokered flow-through private placement has closed, bringing aggregate proceeds from both tranches to $16,120,500, comprising 6,237,257 charity flow-through shares at $1.975 for $12,318,582 and 2,640,221 flow-through shares at $1.44 for $3,801,918. Finders' fees of $292,184 cash and 164,249 finder warrants were paid. Proceeds will fund exploration in and around the Golden Triangle, British Columbia, with drilling increased from a planned 15,000 metres to 36,000 metres.
FinancingGoliath Upsizes Non-Brokered Private Placement From $15,725,500 To $16,120,500
A non-brokered flow-through private placement has been upsized from $15,725,500 to $16,120,500, comprising charity flow-through shares at $1.975 and flow-through shares at $1.44, both without warrants. The first tranche closed September 13, 2024 with 3,018,000 CFT shares for $5,960,550 and 2,501,221 FT shares for $3,601,758, totalling $9,562,308; the final tranche is scheduled to close October 2, 2024. Proceeds are for exploration on properties in and around British Columbia's Golden Triangle.
FinancingMr. Roger Rosmus, Founder & CEO Of Goliath To Present At Noble Capital Markets’ Basic Industries Emerging Growth Virtual Equity Conference, Wednesday September 25th, 2024
Founder and CEO Roger Rosmus will present at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25 at 11:00am Eastern Standard Time on Track 1, with a fireside-style Q&A and 1x1 meetings available for registered, qualified investor attendees. Registration is free, and a video webcast will be archived on the company's website and Channelchek for 90 days. Goliath will also present at the 20th NobleCon in Boca Raton, December 3–4, 2024.
CorporateGoliath Upsizes Non-Brokered Placement From $14,725,000 To $15,725,500 As Strategic Investor Mr. Larry Childress Increases Share Purchase From 1,000,000 To 1,400,000
A previously announced non-brokered flow-through financing has been increased from $14,725,000 to $15,725,500 after strategic investor Larry Childress raised his share purchase from 1,000,000 to 1,400,000 common shares through Childress Family LP. The placement comprises charity flow-through shares at $1.975 and flow-through shares at $1.44, both without warrants; a first tranche closed September 13, 2024 for aggregate proceeds of $9,562,308, with the final tranche scheduled to close in October 2024. Proceeds are for exploration in and around British Columbia's Golden Triangle.
FinancingGoliath Upsizes Flow Through Placement From $12,750,000 To $14,725,00 With Strategic Investor Mr. Larry Childress Buying 1,000,000 Shares - $9,562,308 Closed In First Tranche And Strategic Singapore Based Global Commodity Group Completes Purchase of 1,600,000 Shares Increasing Ownership to 3.5%
A non-brokered flow-through private placement has been upsized from $12,750,000 to $14,725,000, with Larry Childress buying 1,000,000 common shares through Childress Family LP. A first tranche of $9,562,308 closed, consisting of 3,018,000 charity flow-through shares at $1.975 for $5,960,550 and 2,501,221 flow-through shares at $1.44 for $3,601,758; the final tranche is expected to close in September 2024. A Singapore-based Global Commodity Group purchased 1,600,000 shares, raising its stake to 3.5%.
FinancingGoliath Resources Upsizes Flow Through Financing To $12,750,000 And Strategic Shareholder Mr. Rob McEwen Buying 800,000 Shares Increasing Ownership To 3.8%
A previously announced non-brokered private placement has been upsized to $12,750,000, comprised of charity flow-through shares at $1.975 each and flow-through shares at $1.44 each, both with no warrant. Rob McEwen has agreed to buy 800,000 shares, increasing his ownership to 3.8% on a partially diluted basis post financing. Proceeds will fund Canadian exploration expenses to be incurred on or before December 31, 2025 and renounced effective no later than December 31, 2024. Finders' fees of 6% cash and 6% warrants may be paid.
FinancingGoliath Closes $1,000,000 Order From Strategic Shareholder Crescat Capital In Final Tranche Of Previously Announced Funding Up To $6,500,000
A final tranche of Goliath Resources' non-brokered private placement has closed, including a $1,000,000 order from strategic shareholder Crescat Capital plus additional orders for gross proceeds of $1,093,524, completing the financing of up to $6,500,000 announced August 13, 2024. Earlier tranches comprised 3,767,567 non-flow-through shares at $1.11 for $4,181,999 and 1,810,629 flow-through shares at $1.28 for $2,317,605, totalling $6,499,604. Proceeds will fund general operating expenses and exploration on its Golden Triangle properties in northwestern British Columbia.
FinancingGoliath Resources To Raise $7,366,750 By Way Of Non-Brokered Charity Flow Through Financing at $1.975 And Strategic Singapore Based Global Commodity Group Buying An Additional 1,600,000 Shares Increasing Ownership To 3.6%
A non-brokered charity flow-through private placement will raise $7,366,750 at $1.975 per share with no warrant, part of a planned $10,116,750 non-brokered placement combining charity flow-through shares averaging $1.975 and flow-through shares at $1.44. A Singapore-based Global Commodity Group has agreed to buy 1,600,000 shares, taking its post-financing ownership to 3.6%. Proceeds will fund Canadian exploration expenses incurred on or before Dec. 31, 2025 and renounced effective no later than Dec. 31, 2024. Finders' fees of 6% cash plus warrants at $1.26 may apply.
FinancingGoliath Intercepts The Highest Concentration Of Visible Gold To Date At Surebet Where 66% Of 2024 Drill Holes Contain Visible Gold, Discovers New Deep Mineralized Zone 1.2 Km Below Surface, Remains Open, And Significantly Expands Drilling To 36,000 Meters With 8 Rigs Turning
Drill hole GD-24-260 at the Surebet discovery on the Golddigger property, Golden Triangle, British Columbia, intersected the Bonanza Zone from 533.90–547.00 meters (13.10 meters) with the highest concentration of visible gold drilled to date; assays are pending. A new Deep Zone was intersected 1,239 meters below surface, with a 1.75-meter interval from 890.90–892.65 meters containing quartz veins with chalcopyrite, galena and sphalerite. Visible gold has been seen in 22 of 33 holes drilled in 2024, and the program has been expanded from 15,000 to 36,000 meters with 8 rigs; the land package was increased from 66,000 ha to 91,518 ha.
Drill resultsGoliath Closes $2,000,000 Order From Strategic Singapore Based Global Commodity Group And Other HNW Investors Totaling $5,406,080 In The First Tranche Of Previously Announced Non-Brokered Private Placement Up To $6,500,000
A first tranche of a non-brokered private placement closed for gross proceeds of $5,406,080, comprising 2,782,410 non-flow-through shares at $1.11 ($3,088,475) and 1,810,629 flow-through shares at $1.28 ($2,317,605), including a $2,000,000 order from a Singapore-based global commodity group. A second tranche taking the total to up to $6,500,000 is expected to close in early September 2024. Finders' fees of $67,342.26 cash and 59,382 warrants were paid. Proceeds fund operations and exploration in British Columbia's Golden Triangle.
FinancingGoliath Resources Receives $2,000,000 Order From New Strategic Singapore Based Global Commodity Group And The Previously Announced Non-Brokered Private Placement Has Been Increased From $3,000,000 Up To $6,500,000
A $2,000,000 order has been received from a Singapore-based global commodity group, and the previously announced non-brokered private placement has been increased from $3,000,000 to up to $6,500,000. The offering comprises non-flow-through shares at $1.11 each and flow-through shares at $1.28 each. Proceeds are intended for general operating expenses and exploration programs on properties in and around the Golden Triangle of northwestern British Columbia, subject to TSX Venture Exchange approval.
FinancingFirst Four Holes At Treasure Island All Hit Abundant Sulphide Mineralization In VMS Type Targeted Zones, Including Up To 9.8 Meters Of Quartz, Stockwork And Breccia Hosting Massive Chalcopyrite & Pyrite - The Golddigger Project’s Cambria Icefields
The first four holes of a maiden drill program at the Treasure Island target on the Golddigger property, Golden Triangle, British Columbia, all intersected sulphide mineralization, with assays pending. TI-24-01 cut 9.8 meters from 376.64 to 386.44 meters of quartz stockwork and breccia hosting massive chalcopyrite (up to 8%) and pyrite (up to 10%); TI-24-04 cut 5.46 meters, TI-24-02 2.74 meters and TI-24-03 1.77 meters. The 2024 program calls for 11 holes from four pads totalling 1,600 meters.
Drill resultsGoliath Reports 1.77 gpt Au over 4.85 Metre Channel Cut at Bingo in the Golden Triangle; 320m x 175m Gold Zone Drill Ready
Channel, chip and grab sampling at the 100%-optioned Bingo project in British Columbia's Golden Triangle returned 1.77 gpt gold and 0.20% copper over 4.85 metres, 1.48 gpt gold and 0.37% copper over 3.2 metres, and chip samples up to 9.79 gpt gold. The Bingo Main Zone measures 320 metres by 175 metres, remains open on surface and at depth, and is drill ready for 2018. Of 128 samples collected, 106 (83%) contained gold mineralization.
Drill resultsGoliath Reports 76.25 gpt Gold Eq. (2.22 oz/t) and 2340 gpt Ag at DSM Goldstar Property
Grab sampling at the Goldstar property, 23 kilometres south of Bella Coola, British Columbia, returned up to 76.25 g/t gold equivalent (2.22 oz/t), with peak values of 55.8 g/t gold and 2,340 g/t silver, plus copper to 1.71% and lead to 12.3%. Six grab samples exceeding 10 g/t AuEq define the Yellow Brick Road Zone, measuring 90 by 20 metres and open in all directions, from 16 rock samples taken in a one-day program. Goliath holds a 10% interest in the DSM Syndicate, which owns 100% of the property.
Drill results$1.3M Funding For Inagural Drill Porgram at Copperhead & Lucky Strike
A non-brokered private placement for total proceeds of $1,300,000 has been arranged, scheduled to close Thursday, April 19th, 2018, consisting of flow-through units at $0.15 and non-flow-through units at $0.11, each with one warrant exercisable at $0.30 or $0.22 respectively for 24 months. Proceeds are earmarked for inaugural drill programs on new discoveries at the Copperhead and Lucky Strike properties in northwestern British Columbia, plus geophysics, mapping and alteration studies. Finder's fees of 7% cash and 7% warrants apply, subject to TSX Venture Exchange acceptance.
FinancingIncreased Funding of $1,423,581 Closed
A non-brokered private placement closed for total proceeds of $1,423,581, increased from the $1,300,000 announced on April 12, 2018, consisting of flow-through units at $0.15 and non-flow-through units at $0.11, each with a warrant exercisable at $0.30 or $0.22 respectively for 24 months. Proceeds will fund inaugural drill programs at the Lucky Strike and Copperhead properties in northwestern British Columbia. Finders fees of $54,406 plus 399,147 and 70,000 finders warrants were paid, and 1,200,000 options at $0.20 were granted to consultants.
Financing2018 Exploration Program Underway
A geophysical crew has been mobilized to survey the Bingo, Golddigger, Copperhead and Lucky Strike properties in the Golden Triangle and Skeena Arch, launching Goliath's 2018 exploration program ahead of drilling. More than 1,700 line kilometres of survey data will be added to the existing database to guide geological mapping, trenching, alteration and whole rock study, soil sampling, prospecting and diamond drilling. Base facilities in Terrace, British Columbia, servicing Lucky Strike and Copperhead, are nearing completion.
Drill resultsGoliath Arranges $1,450,000 of Additional Funding
A non-brokered private placement of an additional $1,450,000 is scheduled to close this week, consisting of flow-through units at $0.15 and non-flow-through units at $0.11, each with one common share and one warrant exercisable at $0.30 or $0.22 respectively for 24 months. This follows a $1,423,581 placement closed and announced April 23, 2018, for combined gross proceeds of $2,873,581. Finder's fees of 7% in cash and 7% finder's warrants will be paid on a portion, subject to TSX Venture Exchange acceptance.
FinancingGoliath Closes Oversubscribed Combined Financing of $3,069,436
An additional oversubscribed non-brokered private placement of $1,645,855 has closed with institutions and accredited investors in Canada, bringing combined gross proceeds to $3,069,436 including the $1,423,581 announced April 23, 2018. The latest tranche comprised $1,295,775 of flow-through units at $0.15 and $350,080 of non-flow-through units at $0.11, each with a warrant exercisable at $0.30 or $0.22 respectively for 24 months. Finder's fees total $95,532 plus 570,150 and 131,778 finder's warrants; 900,000 options at $0.20 were granted to consultants.
FinancingCopperhead & Lucky Strike Surface Exploration Program Commences
Surface exploration programs have begun on the Lucky Strike and Copperhead properties ahead of their inaugural drilling programs. At Lucky Strike, work includes geological mapping, trenching, whole rock and alteration studies, soil sampling, prospecting, channel sampling, diamond drilling and a detailed IP survey, following a SkyTEM survey that found concentric conductive zones flanking a magnetic high over 2500 x 1500 x 500 metres in the Prosperity Bullseye Zone. At Copperhead, work targets the Copper King Trend breccia zone, measuring 350 metres by 2000 metres.
Drill results3 Year Drilling & Exploration Permits Received For Copperhead & Lucky Strike
Three-year drilling and exploration permits have been granted by the Government of British Columbia for the Copperhead and Lucky Strike properties near Terrace, British Columbia. The 2018 programs will include detailed geological mapping, trenching, whole rock and alteration studies, soil sampling, prospecting, channel sampling and diamond drilling. A Caribou Mitigation and Monitoring Plan is being developed for Copperhead, and final approval of work there is conditional upon its acceptance.
CorporateNewly Discovered Zones at Lucky Strike & Drilling to Commence
Initial 2018 prospecting at the 24,951 hectare Lucky Strike property has identified several new mineralized zones, including the Gold Source Zone, an epithermal milky quartz hydrothermal breccia with sheeted vein corridors over 400 metres by 200 metres, where a 2017 talus sample assayed 96.8 g/t gold, and the Hole in One Zone with quartz vein swarms containing galena and chalcopyrite; assays are pending. The IP survey over the Prosperity Bullseye porphyry target was expanded by 50% and drilling will begin once it is completed in mid-August. At Copperhead, the Caribou Mitigation and Monitoring Plan was approved, with preparatory work expected to finish by August 21, 2018.
Drill resultsGoliath Receives Lead Order From Strategic Investor Crescat Capital For Expanded Drill Program At Surebet Discovery – Non Brokered Private Placement Up To $3,000,000
A non-brokered private placement of up to $3,000,000 has been launched, with non-flow-through shares priced at $1.11 and flow-through shares at $1.28, led by an order from Crescat Capital LLC, which holds about 18% of shares and is participating under a pre-emptive right. Proceeds will fund general operating expenses and an expanded drill program at the Surebet discovery on the Golddigger property in British Columbia's Golden Triangle. Goliath also signed a 24-month consulting agreement with Mezzo Consulting Services S.A. dated August 8, 2024, compensated with 240,000 restricted share units.
FinancingGoliath Drilling Confirms 100% Of The First 8 Holes Of 2024 Hit Significant Mineralization, 75% Of The Holes Contain Abundant Visible Gold Up To 1.3mm In Size, Surebet Discovery, Golden Triangle B.C.
All 8 holes drilled so far in the 2024 season at the Surebet discovery, Golddigger property, Golden Triangle, B.C., intersected sulphide mineralization in quartz breccia, stockwork and veining, with visible gold up to 1.30 mm in 6 holes (75%). GD-24-235 assayed 15.86 g/t AuEq (15.40 g/t Au, 17.11 g/t Ag) over 11.9 metres true width, including 35.04 g/t AuEq over 5.24 metres; GD-24-236 returned 4.14 g/t AuEq over 6.0 metres. GD-24-244, in progress, hit visible gold at 700 metres downhole; other assays pending.
Drill resultsStrategic Investors Exercise Warrants Early, Goliath Resources Receives Proceeds Of $1,822,814
A total of 2,393,097 common share purchase warrants were exercised early, primarily by strategic investors, for proceeds of $1,822,814. The warrants had strike prices up to $0.92 each and expiry dates ranging from March 25, 2025 to December 29, 2025. Over $9,000,000 of warrants remain in the money with an average strike price of $0.63 based on yesterday's close.
FinancingGoliath Intercepts 35.04 g/t AuEq (1.13 oz/t AuEq) Over 5.24 Meters ~True Width, Two Deeper Intercepts Have Assays Pending, Surebet Discovery, Golden Triangle, B.C. – System Remains Wide Open
Drill hole GD-24-235 at the Surebet discovery on the Golddigger property in B.C.'s Golden Triangle returned 35.04 g/t AuEq (34.16 g/t Au, 34.15 g/t Ag) over 5.24 metres approximate true width, within 15.86 g/t AuEq over 11.9 metres, in the Bonanza Shear. Hole GD-24-236 returned 4.14 g/t AuEq over 6.0 metres, including 6.79 g/t AuEq over 3.04 metres. Assays are pending on a 24.4-metre porphyritic intrusion interval and a 10-metre andesite-hosted interval in GD-24-235.
Drill resultsGoliath Intercepts 4 Zones Totaling 105 Meters Containing Abundant Visible Gold, Galena, Sphalerite, Molybdenite, Bismuth In Breccia, Stockwork And Porphyritic Intrusive Dyke – Remains Wide Open – Surebet, Golden Triangle B.C.
Drill hole GD-24-237 at the Surebet discovery on the Golddigger property in B.C.'s Golden Triangle intersected four mineralized zones totalling 105 meters, with assays pending: a 14.39 meter porphyritic intrusive dyke from 315.71-330.08 meters, Bonanza Shear intervals of 47 meters (425.00-472.00 m) and 16.6 meters (508.4-526.00 m), and 26.35 meters of Golden Gate (546.65-573.00 m), a 300 meter step out north. The hole totalled 848.0 meters and steps out 111 meters from GD-24-235. The 2024 program plans 15,000 meters of drilling.
Drill resultsMaiden Drill Program Underway at Goliath's Treasure Island, Hosting Multiple Outcropping VMS Type Shear-Hosted Polymetallic Zones, Channels Up To 20.60 g/t Gold Over 0.85 Meters And Up To 14.45% Copper In Samples, Golddigger Cambria Icefields, Golden Triangle, B.C.
A maiden diamond drill program has begun at the newly discovered Treasure Island target on the Golddigger property, Cambria Icefields, Golden Triangle, British Columbia, comprising 11 holes from 4 drill pads with one rig for 1,600 meters. The target covers a 550 by 450 meter NW-SE trending area of shear-hosted polymetallic zones up to 20 meters wide, 36 km north of the Surebet discovery. Channel samples assayed up to 28.08 gpt AuEq (20.60 gpt Au, 63.60 gpt Ag, 5.04% Cu) over 0.85 meters, with grab samples up to 14.45% Cu.
Drill resultsGoliath Discovers New Deep Mothership Feeder Zone At 648 Meters Downhole Containing Abundant Visible Gold In First Drill Hole Of 2024 At Surebet, Golden Triangle, B.C. – System Remains Wide Open
The first drill hole of Goliath's 2024 program at the Surebet discovery, Golddigger property in B.C.'s Golden Triangle, GD-24-235, intersected visible gold and sulphide mineralization in quartz breccia at 648 meters downhole, plus a 24.4 meter porphyritic intrusion from 529.29–553.67 meters containing veins with visible gold, molybdenite up to 2 mm and bismuth. Assays are pending. The 2024 program comprises 15,000 meters in 62 holes from 22 pads, with two rigs on site and a 900 meter hole now drilling.
Drill resultsGoliath Starts Drilling With Two Rigs Testing Surebet Feeder Source And Magnitude, Plus Three New Outcropping High-Grade Au-Cu Targets At Golddigger Property, Golden Triangle, B.C.
Drilling has begun with two rigs at the 100%-controlled Golddigger Property near Stewart in British Columbia's Golden Triangle, part of a planned 2024 campaign of 62 holes from 22 drill pads totalling 15,000 meters with up to three rigs. Most meters target the Surebet discovery, testing a potential feeder source below the valley floor and expanding the known 10-vein footprint, with maiden programs at three outcropping gold-copper targets: Jackpot, Treasure Island and Full Contact. Goliath has drilled 66,930 meters at Golddigger from 2021 to 2023.
Drill resultsGoliath Mobilizes For 15,000 Meter Drill Program To Test Surebet Feeder Source Plus Three New High-Grade Gold-Copper Targets Outcropping On Golddigge, Golden Triangle B.C.
A 15,000 meter diamond drilling program has been mobilized at the 100%-controlled Golddigger Property near Stewart in British Columbia's Golden Triangle, comprising 62 holes from 22 pad locations with up to three rigs. Most meterage targets the Surebet discovery, including its potential feeder source at depth, with maiden drilling at three outcropping gold-copper targets: Jackpot, Treasure Island and Full Contact. Goliath has drilled 66,930 meters at Golddigger from 2021 to 2023. The Company also granted 2,000,000 options at $0.96 and 2,566,000 RSUs.
Drill resultsGoliath Amends Option Agreement To Fast Track 49% Ownership In Golddigger Property Based on Positive Results To Date, Golden Triangle B.C.
An amended option agreement gives Goliath an immediate 49% interest in the 66,023-hectare Golddigger Property in British Columbia's Golden Triangle upon issuing 10,000,000 common shares to the vendors prior to May 15, 2024. All payments under the April 18, 2017 option agreement have been made and minimum exploration expenditures of $14,000,000 exceeded. The remaining 51% will be earned by issuing an NI 43-101 maiden resource of at least 2,000,000 AuEq ounces on or before June 1, 2027.
AcquisitionGoliath Resources Limited Pre-Selected by Noble Capital Markets Inc. to Present at NobleCon20
Pre-selection by Noble Capital Markets Inc. to present at NobleCon20, held December 3-4, 2024 at Florida Atlantic University's College of Business Executive Education complex, was announced. Goliath will also co-host the "After" networking event at the Privaira Hangar, Boca Raton International Airport, alongside Money Channel NYC / Moneyball Networking. Noble will open general attendance registration in July.
CorporateGoliath's Upated Model Confirms Six New Gold Veins For A Total Of 10 Demonstrates Increased Tonnage Potential At Surebet Discovery On Golddigger Property, Golden Triangle, British Columbia
An updated structural vein/shear model for the Surebet discovery at the 100%-controlled Golddigger Property in British Columbia's Golden Triangle identifies six new gold veins — Big One, Eldorado, Surebet Lower, Goldzilla, Hotspot and Whopper — for 10 veins total, with a combined conceptual range of 78 to 97 million potential tonnes. Surebet Upper accounts for 28–35 Mt from 108 mineralized pierce points with widths up to 35 meters at 24.44 g/t AuEq. The ranges are conceptual, with insufficient exploration to define a mineral resource.
Drill resultsGoliath Resources Selected for PDAC 2024 Core Shack, Session A (Sunday, March 3rd – Monday, March 4th) Booth # 3104
Goliath Resources has been selected by the PDAC 2024 technical committee to display core in the Core Shack, Session A, Booth #3104, Investors Exchange, Level 800, Metro Toronto Convention Centre South Building, on Sunday, March 3 and Monday, March 4 from 10:00 am to 5:00 pm. The core is from the Surebet discovery at its 100%-controlled Golddigger Property in British Columbia's Golden Triangle, where over 65,000 metres were drilled from 2021 to 2023 across a 1.8 sqkm mineralized area with 92.2% gold recoveries.
CorporateGoliath Finds 101 g/t Au (3.25 oz/t) At Newly Discovered Full Contact Outcrop Within 1.4 km Gossan Trend On Golddigger’s Cambria Ice Fields, Golden Triangle, British Columbia
Grab and chip sampling at the newly identified Full Contact target on the Cambria Icefields portion of the 100%-controlled Golddigger property in British Columbia's Golden Triangle returned up to 101.13 g/t AuEq (101.00 g/t Au and 10 g/t Ag). The target is a 1.4 km trend on the Red Line contact with multiple gossans, silicified zones, quartz veins up to 14 m wide and shear zones over a 700 m trend, located 19 km northwest of the Surebet Zone. Further prospecting, channel cutting and mapping are planned for 2024.
Drill resultsGoliath Finds Treasure Island Discovery Up To 28.08 G/T AuEq Within Multiple Outcropping Shear-Hosted Polymetallic Zones Over 550 x 450 Meters, Golddigger Property, Golden Triangle, British Columbia
Surface sampling has identified a new gold-copper target, Treasure Island, on the Cambria Icefields at the 100%-controlled Golddigger Property in British Columbia's Golden Triangle, comprising multiple shear-hosted polymetallic zones over 550 by 450 meters that remain open in all directions. Channel samples assayed up to 28.08 gpt AuEq (20.60 gpt Au, 63.60 gpt Ag, 5.04% Cu) over 0.85 meters, and grab samples up to 11.08 gpt AuEq. The target will be drill tested for the first time in 2024 with at least 2,000 meters from 5 pads.
Drill resultsGoliath Discovers 21.5 oz/t AuEq In Volcanics From Bonanza-Grade Outcrop Recovered From Within A New >500 Meter Shear Zone With The Same High-Grade Gold Mineralizing System As Surebet, Bonanza and Golden Gate Zones
A grab sample from a new surface showing named Jackpot at the 100%-controlled Golddigger property in British Columbia's Golden Triangle assayed 667.40 gpt AuEq (636.00 gpt Au, 1,690.00 gpt Ag, 7.96% Cu, 2.22% Pb) from a 30 cm quartz vein in silicified porphyritic andesite. Jackpot comprises at least 10 quartz-sulphide veins in a 15 metre wide stockwork exposed over 50 metres of strike, within a shear zone traced more than 500 metres. It has not been drilled and will be tested in the 2024 campaign.
Drill resultsGoliath Intercepts 10.94 gpt AuEq Over 9.70 Meters in the Bonanza Shear Significantly Increases Volume and Average Grade of the Multi-Layered High-Grade Surebet Gold System
Assay results from the remaining 99 drill holes of the 2023 program at the Golddigger property in British Columbia's Golden Triangle include GD-23-113, which returned 10.94 gpt AuEq (10.80 gpt Au, 6.24 gpt Ag) over 9.70 meters in the Bonanza Shear, and GD-23-220, which returned 13.24 gpt AuEq over 5.10 meters in the Surebet Zone. The updated model puts the Surebet Zone at 6,800,000 m3 at 9.04 gpt AuEq, the Bonanza Shear at over 15,000,000 m3 at 8.14 gpt AuEq, and the Golden Gate Zone at over 1,100,000 m3 at 3.94 gpt AuEq.
Drill results
202326 releases
Goliath Resources Selected For AME Roundup 2024 Core Shack - Booth # 819; Also Attending VRIC 2024 - Booth # 434 And Metals Investors Forum In Vancouver (January 19 - 25, 2024)
Goliath Resources will exhibit at the AME Roundup 2024 Core Shack (Booth #819) on January 24 and 25 and at Booth #1005 for all four days of the conference, January 22–25, 2024, in Vancouver, with Steve Israel, PhD of Archer, Cathro & Associates presenting on January 25. The Company will also attend VRIC (Booth #434, January 21–22) and the Metals Investor Forum (January 19–20). Goliath granted 681,250 five-year options to consultants, management and board members priced at $0.85.
CorporateGoliath Resources Closes $3,000,000 Financing; Rob McEwen, Crescat Capital LLC and Strategic Institutional Shareholder Increase Their Ownership
A non-brokered private placement of 2,597,403 charity flow-through units at $1.155 per unit closed for gross proceeds of $3,000,000, with each unit including one flow-through share and one warrant exercisable at $0.85 for 24 months. Rob McEwen doubled his position to more than 5% partially diluted, while Crescat Capital LLC and a strategic institutional shareholder maintained 18.4% and 9.9%. Proceeds fund exploration and drilling at the Golddigger and Lucky Strike properties in northwestern British Columbia; finder's fees were $15,060 cash and 21,514 warrants.
FinancingRob McEwen Increasing Ownership In Goliath Resources Limited To 5% And Crescat Capital To Maintain Its 18.4% Ownership
Rob McEwen has agreed to purchase approximately 1,428,571 units in a proposed non-brokered private placement, raising his personal ownership in Goliath Resources to 5% on a partially diluted basis from 2.4% following his October 2, 2023 investment. Crescat Capital will exercise its pre-emptive right to maintain its 18.4% ownership. The offering is up to 2,597,403 charity flow-through units at $1.155 per unit for gross proceeds of up to $3,000,000, each unit including a warrant exercisable at $0.85 for 24 months, with closing expected before December 31, 2023. Proceeds are designated for exploration and drilling at the Golddigger and Lucky Strike properties in northwestern British Columbia.
CorporateGoliath Resources Limited to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 4th, 5th, and 6th
A presentation at the Clean Energy and Precious Metals Virtual Investor Conference is scheduled for Tuesday, December 5th at 11:30am EST, with management available for one-on-one meetings on December 5th and 6th; an archived webcast will be available after the event. The company's 100%-controlled Golddigger Property covers 61,685 hectares (152,427 acres) in the Golden Triangle of British Columbia, with over 65,000 metres of diamond drilling to date at the Surebet Zone across 1.8 square kilometres of stacked mineralized zones.
CorporateGoliath Intercepts 9.40 g/t AuEq Over 7.00 Meters in Bonanza Shear Within The Golden Gate Feeder Zone Confirming An Extensive Stacked System Containing Multiple Bonanza-Grade Veins Over 1.8 Km2 on Golddigger, Remains Wide Open - Golden Triangle, British Columbia
Assay results from 10 drill holes at the Surebet discovery on the 100%-controlled Golddigger property in British Columbia's Golden Triangle included GD-23-170, which returned 9.40 g/t AuEq (9.33 g/t Au, 3.98 g/t Ag) over 7.00 meters in the Bonanza Shear, including 19.81 g/t AuEq over 3.30 meters, and 5.01 g/t AuEq over 5.00 meters in the Surebet Zone. GD-23-164 cut 7.87 g/t AuEq over 7.00 meters. Assays remain pending on 100 holes drilled in 2023.
Drill resultsGoliath Drills 513 Gram*Meter AuEq Hole Assaying 65 g/t AuEq Over 7.90 Meters* At Surebet In Newly Discovered High-Grade Gold Bonanza Shear Within The Golden Gate Feeder Zone, Golden Triangle, British Columbia
Drill hole GD-23-180 at the Surebet discovery on the Golddigger property in British Columbia's Golden Triangle returned 65.00 g/t AuEq (64.88 g/t Au, 8.03 g/t Ag) over 7.90 meters, including 186.31 g/t AuEq over 2.75 meters, within the Bonanza Shear. Other holes returned 8.01 g/t AuEq over 4.00 meters (GD-23-165), 6.52 g/t AuEq over 3.00 meters (GD-23-203) and 5.32 g/t AuEq over 3.83 meters (GD-23-161). Assays remain pending on 110 holes drilled in 2023.
Drill resultsGoliath Wishes To Announce The Appointment Of Mr. Rein Turna To The Board Of Directors
Rein Turna, P.Geo., a consulting geologist with over 40 years of mineral exploration experience in British Columbia, Ontario, Saskatchewan, Yukon and Northwest Territories, has been appointed to the board of Goliath Resources, replacing Jean Lafleur, who resigned due to personal and other work commitments. The company also granted a total of 1,254,750 options priced at $0.74 for a five year period to certain consultants, management and board members.
ManagementGoliath Drillls 34.03 Gpt Aueq Over 9 Meters At Newly Discovered Golden Gate Zone Proximal To Feeder Source
Drill hole GD-23-197 at the Golddigger property in B.C.'s Golden Triangle returned 34.03 g/t AuEq (32.55 g/t Au, 65.71 g/t Ag) over 9 meters, within 14.83 g/t AuEq over 21 meters and 11.60 g/t AuEq over 27 meters, from the newly discovered Golden Gate Zone hosted in the Hazelton Volcanics 20 meters below the Bonanza Shear. The hole intersected three mineralized shear zones. Assays remain pending on 115 holes drilled in 2023.
Drill resultsGoliath Completes Over 34,000 Meters Of Drilling IN 2023 For A Cumulative Total Of Over 65,000 Meters And Successfully Expands The Mineralized Footprint Of Surebet Discovery To 1.8 km2, Golden Triangle, British Columbia
Over 34,000 meters of diamond drilling from 124 holes was completed in 2023 at the 100%-controlled Golddigger Property, Golden Triangle, British Columbia, bringing cumulative drilling to over 65,000 meters from 234 holes; assays are pending on 116 holes. The program expanded the Surebet mineralized footprint from 1.6 km2 to 1.8 km2 across three stacked zones: Surebet Zone, Bonanza Shear and the newly discovered Golden Gate Zone. Five new mineralized zones were identified near Surebet and four outcropping targets on the Cambria Icefields claims.
Drill resultsGoliath Resources Limited Closes Final Tranche For An Aggregate Of $8,600,000 Raised And Welcomes New 9.9% Strategic Institutional Shareholder
A second and final tranche of $4,484,384 closed under Goliath Resources' non-brokered private placement, bringing aggregate gross proceeds to $8,600,000. The offering comprised 5,656,406 non-flow-through units at $0.63, 824,000 flow-through shares at $0.67 and 4,484,384 charity flow-through units at $1.00; Rob McEwen holds about 2.4% partially diluted and Crescat Capital 18.4%, alongside a new 9.9% institutional shareholder. Flow-through proceeds fund exploration at the Golddigger and Lucky Strike properties in British Columbia; finders' fees of $320,348 and 350,468 warrants were paid.
FinancingRob McEwen & Crescat Capital Complete Strategic Investments In Goliath Resources Limited
Tranche one of an upsized non-brokered private placement closed for gross proceeds of $4,115,616, with the offering increased to $8,600,000 from $5,000,000; a final tranche of up to ~$4,484,384, entirely charity flow-through units at $1.00, is scheduled to close on or around October 11, 2023. Rob McEwen subscribed $1,000,440 for 1,588,000 NFT units at $0.63 (~2.4% post-close), and Crescat Capital subscribed $500,220 for 794,000 NFT units (~18.4%). Flow-through proceeds fund exploration at the Golddigger and Lucky Strike properties, British Columbia.
FinancingGoliath Increases Private Placement Up To $8,600,000 After Receiving Significant Strategic and Institutional Orders
A previously announced non-brokered private placement has been upsized to $8,600,000, comprising approximately 5,555,555 non-flow-through units at $0.63, 4,100,000 charity flow-through units at $1.00, and 1,500,000 flow-through shares at $0.67, with unit warrants exercisable at $0.78 for 18 months. Rob McEwen will subscribe for $1,000,000 of NFT units, and Crescat Capital, holding about 18%, will participate. Flow-through proceeds are for exploration on the Golddigger and Lucky Strike properties in northwestern British Columbia.
FinancingMr. Rob McEwen & Crescat Capital To Provide Strategic Investments In Goliath Through A Non-Brokered Private Placement As Drilling Increased To ~34,000 Meters During the 2023 Based on Exceptional Results, Golddigger Property, Golden Triangle. B.C.
A non-brokered private placement of up to $5,000,000 is planned, closing on or before September 29, 2023, with Rob McEwen subscribing for $1,000,000 of non-flow-through units at $0.63 (half-warrant, $0.78 exercise, 18 months) and existing ~18% shareholder Crescat Capital participating via a pre-emptive right; flow-through shares are priced at $0.67. The 2023 drill program at the Golddigger property in B.C.'s Golden Triangle was expanded from 18,000 to ~34,000 meters using six drill rigs, with all holes intersecting mineralization over a 1.8 square kilometer area and visible gold in 42% of 89 holes.
FinancingGoliath Drills 23.65 Meters* Of Abundant Visible Gold At Surebet Zone, Within The Golden Gate Feeder Zone, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-23-226 at the Surebet Zone on the 100%-controlled Golddigger Property in B.C.'s Golden Triangle intersected 23.65 meters containing visible gold from 330.6 to 354.25 meters, within 30.98 meters of mineralized quartz breccia and stockwork; assays are pending. Previously reported assays include GD-23-157 with 23 meters of 21.08 g/t AuEq, including 9 meters of 50.27 g/t AuEq, and GD-23-173 with 26.89 meters of 14.68 g/t AuEq. Of 98 holes drilled in 2023 over 1.8 square kilometers, 42% contain visible gold.
Drill resultsGoliath Drills 15.8 Meters* Of Abundant Visible Gold And Extensive Sulphide-Rich Quartz Breccia Within The Bonanza Shear - Mineralization In 100% Of Drill Holes Over 1.8 Square Kilometers And Remains Open, Golddigger Property, Golden Triangle, B.C.
Drill hole GD-23-203 at the 100%-controlled Golddigger property in B.C.'s Golden Triangle intersected sulphide-rich quartz breccia and stockwork from 288.65 to 324.1 metres, including 15.8 metres of visible gold with nuggets up to 1.7 mm from 306.2 to 322 metres; assays are pending. Assays reported for GD-23-157 returned 23 metres of 21.08 g/t AuEq, including 9 metres of 50.27 g/t AuEq, while GD-23-173 returned 26.89 metres of 14.68 g/t AuEq. Of 96 holes drilled in 2023 over 1.8 square kilometres, 41% contain visible gold.
Drill resultsGoliath Intercepts 14.68 g/t AuEq Over 26.89 Meters (~true width) Within Golden Gate Feeder Zone, Golddigger Property, Golden Triangle, B.C.
Drilling at the Golden Gate Feeder Zone on the 100%-controlled Golddigger Property in B.C.'s Golden Triangle returned 14.68 g/t AuEq (5.81 g/t Au, 719.13 g/t Ag) over 26.89 meters in hole GD-23-173, including 33.02 g/t AuEq over 9.60 meters. GD-23-116 returned 11.86 g/t AuEq over 3.00 meters, GD-23-151 returned 8.28 g/t AuEq over 2.70 meters, and GD-23-135 returned 4.06 g/t AuEq over 5.00 meters. Assays remain pending for Bonanza Shear intervals in GD-23-173 and GD-23-151.
Drill resultsGoliath Drills 19.15 Meters Of Abundant Visible Gold In The Newly Discovered Outcropping Golden Gate Zone Proximal To The Feeder Source, Golddigger Property, Golden Triangle, British Columbia
Drill hole GD-23-197 at the Golddigger Property in British Columbia's Golden Triangle intersected three mineralized shear zones, including a newly identified Golden Gate Zone in the Hazelton Volcanics, 20 meters below the Bonanza Shear, over a 19.15 meter interval (approx. true width) between 442.85 and 462.00 meters with visible gold up to 1%, sphalerite up to 10%, galena up to 5%, chalcopyrite up to 3% and pyrrhotite up to 20%. Of 90 holes drilled at Surebet in 2023, 88 hit the Surebet Zone and/or Bonanza Shear and 33 intersected visible gold.
Drill resultsGoliath Discovers Extensive Mineralization In Multiple Outcrops Over 500 Meters On Golddiggers Icefields, British Columbia
Three new mineralized zones — Treasure Island, Metallica and Full Contact — have been discovered on the icefields claim blocks of the 100%-controlled Golddigger property in British Columbia's Golden Triangle. Treasure Island shows shear-hosted polymetallic zones up to 20 m wide over a 500 m NW-SE trend; Metallica has zones up to 4 m wide over a 300 m by 400 m area; Full Contact is a 1.3 km gossan. Five further zones connected to Surebet were also identified, with drilling planned for 2023 and 2024.
Drill resultsGoliath Commences Drilling At Lucky Strike Property Near Terrace British Columbia
Drilling of approximately 2,000 metres has begun at the 100%-controlled Lucky Strike property, covering 31,486 hectares north of Terrace, British Columbia, testing two never-drilled targets exposed at surface: the Bullseye gold-copper porphyry, where grab samples assayed up to 3.06 g/t Au, 1.8 g/t Ag and 1% Cu within a 1,200 x 1,000 metre alteration system, and the Goldsource high-grade gold breccia, with grabs up to 96.8 g/t Au and 78.10 g/t Ag over a 550-metre strike. Both targets are fully permitted, with about 1,000 metres planned each.
Drill resultsGoliath Intercepts 23 Meters* Of 21.08 gpt AuEq Including 14 Meters* Of 33.75 gpt AuEq At Surebet Golden Gate Feeder Zone, Golden Triangle, B.C.
Drill hole GD-23-157 at the Golden Gate Feeder Zone on the 100%-controlled Golddigger Property in B.C.'s Golden Triangle returned 23.00 meters of 21.08 g/t AuEq (18.95 g/t Au, 95.31 g/t Ag), including 14.00 meters of 33.75 g/t AuEq and 9.00 meters of 50.27 g/t AuEq. The interval, from 118 to 141 meters, is interpreted as the Surebet Zone and is one of five mineralized intercepts in the 531-meter hole; assays for the other four, including the Bonanza Shear, are pending. Of 65 holes drilled at Surebet in 2023, 25 intersected visible gold.
Drill resultsGoliath Exponentially Expands Footprint Of The Surebet High-Grade Gold System - Remains Wide Open - Golden Triangle, B.C.
Four new mineralized zones — Kahuna, Outpost, Humdinger and Full House — have been discovered adjacent to the Surebet system on the 100%-controlled Golddigger property, Golden Triangle, B.C., consisting of polymetallic quartz-sulphide veins and shears exposed at surface for up to 1.3 kilometres and up to 20 metres wide. Kahuna, Outpost and Humdinger, plus the Lower Surebet Zone on Real Deal, are slated for drill testing in 2023, with Full House targeted for 2024. A 2018 grab sample from the Payday showing assayed 3 oz/t gold (113 g/t Au). More than 75 new targets were generated on the property.
Drill resultsGoliath Drills Up To 14.85 gpt AuEq Over 6 Meters* At Surebet Golden Gate Feeder Zone, Golden Triangle, B.C.
First assay results from the 2023 drill campaign at the 100%-controlled Golddigger property, Golden Triangle, B.C., returned 14.85 g/t AuEq (14.66 g/t Au, 11.99 g/t Ag) over 6.00 metres in hole GD-23-118, including 29.36 g/t AuEq over 3 metres, interpreted as the Bonanza Shear. Hole GD-23-126 cut 14.01 g/t AuEq over 6.09 metres, including 79.61 g/t AuEq over 1.03 metres, and GD-23-115 returned 5.75 g/t AuEq over 4.90 metres. Of 58 holes drilled in 2023, 22 intersected visible gold.
Drill resultsGoliath Drills 66.34 Meters* Of Sulphide-Rich Quartz Breccia Including Visible Gold Over 20.05 Meters* At Surebet Golden Gate Feeder Zone, Golden Triangle, B.C.
Drill hole GD-23-157 at the Golddigger property's Surebet Golden Gate Feeder Zone in British Columbia's Golden Triangle intersected 66.34 meters of quartz-sulphide breccia and stockwork from 72.86 to 139.20 meters, with 12 separate occurrences of visible gold over 20.05 meters; assays are pending. Hole GD-23-154, collared from D2-2 Pad, cut 14.40 meters of quartz-sulphide stockwork from 248.00 to 262.40 meters with three visible gold occurrences over 6.01 meters. Ten holes in the zone have now encountered visible gold.
Drill resultsSecond Visible Gold Hole Drilled From Cliff Pad At Goliath's Surebet Golden Gate Feeder Zone And 19.87 Meters* Of Significant Mineralization, Golden Triangle, B.C.
Drill hole GD-23-135, collared from Cliff Pad at the Surebet Golden Gate Feeder Zone on the 100%-controlled Golddigger property in B.C.'s Golden Triangle, intersected a flake of visible gold at 60.91 meters and two mineralized intervals: 8.93 meters from 54.80 to 63.76 meters and 19.87 meters from 387.30 to 407.17 meters. Assays are pending. It is the second hole drilled from Cliff Pad in 2023 with visible gold and the ninth in the zone to date.
Drill resultsVisible Gold Found on Surface at Full House Near Surebet at Newly Discovered Shear Zones Assaying 113.5 g/t Gold & 249.0 g/t Silver, New Drill Target for 2023, Golden Triangle, B.C.
A new 6.5 kilometre trend of stacked shear zones, named Full House, has been identified at the 100%-controlled Golddigger property in B.C.'s Golden Triangle, with mineralized shears traced sporadically over at least 3 kilometres and remaining open. A surface grab sample at the Payday showing contained visible gold and assayed 113.5 g/t gold and 249.0 g/t silver. Full House lies 5 km northwest of Surebet and 3.5 km southwest of Goldswarm, and several targets will be drilled in the 2023 program now underway. Assays are pending for 12 metres of channel cuts across the Full House Main shear zone.
Drill resultsThree Seperate Intervals of Visible Gold Drilled at Surebet Golden Gate Feeder Zone and 12.73 Meters of Mineralized Quartz-Sulphide-Rich Breccia, Golden Triangle, B.C.
Drill hole GD-23-140 at the Surebet Golden Gate Feeder Zone on the 100%-controlled Golddigger property in B.C.'s Golden Triangle intersected visible gold at 72.15, 83.8 and 102.9 meters within quartz veins, plus 12.73 meters of mineralized quartz-sulphide-rich breccia interpreted as the Bonanza Shear, which remains open. Assays are pending. Eight holes drilled to date in the zone have encountered visible gold, including 2022 holes GD-22-58 (24.80 gpt AuEq over 11.00 meters) and GD-22-49 (21.30 gpt AuEq over 7.77 meters).
Drill results