USA News Group News Commentary Issued on behalf of Lake Victoria Gold Ltd. USA News Group News Commentary - Gold's ongoing rally is setting the stage for a potential breakout in mining stocks, according to analysts. Billionaire investor John Paulson has drawn fresh attention to the sector, recently backing an Alaskan gold mine with an $800-million investment, marking a bold move amid rising volatility. Trade tensions [...]
Highlights Of The Geological Study Completed By The Colorado School Of Mines: A detailed geological study was recently completed by the Colorado School of Mines utilizing a compilation of drill holes and geological data. Conclusions of the geological study confirms a new interpretation of the ore forming process of high-grade gold mineralization at Surebet and confirms common causative Reduced Intrusion Related Gold [...]
Warrant Highlights: $6,377964 of warrants are still outstanding and deep in the money with an average strike price of $0.65 will all expire this year on or before December 29, 2025; TSXV close yesterday was $1.82. Included in the total dollar amount above, $3,601,475 of these warrants have an average strike price of $0.68 and will all expire in the next few months on or before May 16, 2025. Additional funds further [...]
Dyke Highlights: 17 feeder dykes have been intersected in drill holes and/or mapped on surface, of which 13 remain to be tested. These will be logged, sampled and assayed in the upcoming 2025 program based on strong assays results from the first 4 dykes tested in 2024 providing for excellent potential to vector in and target the gold mineralizing system. 4 feeder dykes drilled, logged and assayed contained high-grade gold [...]
Further to its press releases dated January 29, 2025 and February 18, 2025, Goliath Resources Ltd. is pleased to announce it has closed its strategic non-brokered private placement of 5,181,347 units of the Company to McEwen Mining Inc. , an arm's length party to the Company, at a deemed price of C$1.93 per Unit in exchange for the issuance to the Company of an aggregate of 868,056 shares of common stock of McEwen at a [...]
Drilling Highlights: Multiple intercepts of stacked layers containing high-grade gold mineralization assaying up to 9.39 g/t AuEq over 10.17 meters within 7.33 g/t AuEq over 13.10 meters have been confirmed in the Surebet Zone, Bonanza Shear and Golden Gate zone, as well as 4 additional new stacked gold veins now totalling 12 stretching vertically over 1.2 km, demonstrating the untapped discovery potential and consistent [...]
Goliath Resources Ltd. is pleased to announce it will be presenting its exciting discoveries at The Metal Investors Forum February 28th - March 1st being held at the Delta Hotel, 75 Lower Simcoe Street, Toronto. It will also be presenting at PDAC 2025 being held at the Metro Toronto Convention Centre from March 2nd- 5th in the Investors Exchange South Hall Booth # 3232. Goliath's technical team will be in attendance for [...]
Drilling Highlights: Multiple intercepts of stacked layers containing high-grade gold mineralization assaying up to 10.91 g/t AuEq over 10.00 meters, including 15.51 g/t AuEq over 7.00 meters have been confirmed in the Surebet Zone, Bonanza Zone as well as in two new stacked gold-mineralized veins, further demonstrating the consistent high grades and widths of the gold-mineralized layers vertically stacked over 1.2 km and [...]
Drilling Highlights: Strong gold mineralization assaying 12.03 g/t AuEq over 10.00 meters, including 19.91 g/t AuEq over 6.00 meters plus a second separate interval assaying 8.59 g/t AuEq over 5.00 meters, including 14.26 g/t AuEq over 3.00 meters have been confirmed in an intrusion related feeder dyke that remains open, strongly indicating close proximity to a large gold-rich intrusive source at depth . Strong [...]
Goliath Resources Ltd. is pleased to announce that an agreement has been made for McEwen Mining Inc. to make a strategic investment into Goliath Resources. Strategic Investment Highlights Post transaction, McEwen Mining will own 3.76% of the issued and outstanding shares of Goliath Resources. McEwen Mining will pay in McEwen Mining shares worth C$10 million based on the closing price of McEwen Mining and Goliath Resources [...]
Golddigger Property: GD-24-260 intercepted the highest concentration of visible gold and its best high-grade gold drill hole to date at the Surebet Discovery from the Bonanza High-Grade Gold Zone that sits ~200 meters above the valley floor level. Mineralization is within a vein-hosted band of semi-massive pyrrhotite, where the gold occurs in alloys with silver, bismuth and tellurium. Mineralization was also intercepted [...]
Bonanza High Grade Zone Highlights: GD-24-262 collared from Goldsmith Pad intercepted four separate sections of high-grade gold, silver and base metals corresponding to the Surebet and Bonanza Zones characterized by sulphide rich quartz breccia and veining; both remain open. Surebet Zone: 32.67 g/t AuEq or 1.05 oz/t AuEq over 4.00 meters including 130.14 g/t Au or 4.18 oz/t AuEq over 1.00 m. Bonanza Zone 1: 13.34 g/t AuEq [...]