Goliath Resources Ltd. is pleased to announce that it has signed a Memorandum of Understanding with BWCG Holding Ltd. , Blackwolf Copper and Gold , Coast Copper Corp. , Dolly Varden Silver , and New Moly LLC to jointly study the viability of using New Moly's Kitsault Project as the potential site for a centralized polymetallic processing facility that could accept mineralized material from the Companies' respective [...]
Summary of Results: "Recent metallurgical test results indicate Surebet displays a number of optimal characteristics," commented Quinton Hennigh, Technical and Geologic Director of Crescat Capital, a strategic shareholder of Goliath Resources. "Even at a coarse grind size of P80 327 ?m, or 0.327 mm, minerals that are sought are readily liberated and recovered by gravity and flotation techniques. Overall recoveries of [...]
Goliath Resources Ltd. announces that the Company intends to extend the exercise period of a total of 4,189,136 share purchase warrants, all of which are exercisable at $0.86 per common share . The Warrants were issued pursuant to a private placement which closed on March 8, 2021 . The Company proposes to extend the expiry dates for these Warrants by an additional six months and accordingly, the new expiry dates for the [...]
Goliath Resources Ltd. is pleased to announce it has been selected by the PDAC 2023 technical committee to display its core. PDAC's Core Shack provides a unique venue at the world's premier mining convention to display core from new or ongoing projects that are generating exciting drill results. The latest discoveries from around the world are featured along with maps, charts and technical information. Goliath is focused [...]
The fluids responsible for the high-grade gold-silver mineralization in the Surebet Zone are of magmatic origin and originate at a depth of 5-7 km below the paleo-surface. Geological relationships and the examination of petrographic thin sections indicate that the magmatic-hydrothermal fluids that formed the gold mineralization were derived from one of the 50-55 Ma Alice Arm intrusive complexes. The study identified a [...]
Goliath Resources Ltd. is focused on further expanding its new high-grade gold-silver Surebet discovery at its 100% controlled Golddigger Property located in the Golden Triangle, British Columbia. With only 31,653 meters of drilling to date, the Company has already demonstrated the presence of an extensive mineralized system over an area of 5.25 square kilometers that remains open. To learn more about Goliath's exciting [...]
The Surebet Zone being the main mineralized horizon has been confirmed over an area of 1.6 square kilometers averaging 6.31 gpt AuEq over 6.88 meters* wide based on current modeling from 56 drill hole intercepts in 2021 and 2022. Interval * Au Ag Cu Pb Zn AuEq 6.88 4.45 110.7 0.02 0.57 0.44 6.31 Additional mineralized horizons were also intersected in drill holes above and below the main mineralized horizon which provides [...]
Goliath Resources Ltd. is pleased to report it has received proceeds in aggregate of $1,380,238 over the past few weeks from 4,842,939 common share purchase warrants exercised. These set of Warrants had a strike price of $0.285 each and expire December 11, 2022, of which, 100% were all exercised prior to their expiry date. Crescat Capital , a strategic investor and largest shareholder of the Company accounted for [...]
Goliath Resources Ltd. wishes to announce that the Company has granted a total of 1,780,344 options for a five year period to certain board members, management and consultants priced at the 10 day volume weighted average price of $1.58; yesterdays close was $1.47. About Goliath Resources Limited Goliath Resources Ltd. is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British [...]
DRILL HIGHLIGHTS: Hole GD-22-58 collared from South Cliff Stepout Pad intercepted high-grade gold mineralization containing 24.80 gpt AuEq over 11.00 meters* including 38.70 gpt AuEq over 7.00 meters* and 44.47 gpt AuEq over 6.07 meters*. Hole GD-22-49 collared from Pad A intersected high-grade gold mineralization containing 21.30 gpt AuEq over 7.77 meters*, including 27.55 gpt AuEq over 6.00 meters*. Additional [...]
Goliath has successfully completed 100 % of its planned drill holes for the 2022 season expanded from 24,000 meters to 26,321 meters. Assays and results will be reported once received compiled and interpreted. Classic Surebet Zone mineralization consisting of galena, sphalerite and pyrrhotite in semi-massive to massive veins, stringers, interstitial within brecciated zones and/or as stringers throughout the core have been [...]
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