Goliath Resources Ltd. is pleased to announce that it has entered into an agreement with Stifel Canada to act as sole bookrunner and lead underwriter, together with a syndicate of underwriters , in connection with a "bought deal" private placement offering by the Company of 1,190,477 common shares of the Company that intend to qualify as "flow-through shares" as defined in subsection 66 of the Income Tax Act at a price of [...]
With over 64,000 meters drilled in 110 holes with 9 drill rigs turning for most of the season, the 2025 drill program on Surebet has exceeded the planned 60,000 meters. In what is one of the largest helicopter supported drill programs in challenging alpine terrain in North America this year. The 2025 field season will officially come to an end in the next couple of weeks, once all the logging has been completed. Assays [...]
Visible gold to the naked eye "VG-NE" heat map of all holes reported to date 2021-25. Since drilling started in 2021, many holes have returned impressive metal factors with 9 holes delivering greater than 200 grams*meters and up to 1346 g*m, 11 holes greater than 150 g*m, 25 holes greater than 100 g*m, 32 holes greater than 75 g*m and 63 holes greater than 50 g*m have been drilled on the Surebet Discovery that remains [...]
100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization and 90% of drill holes completed thus far in 2025 contain gold visible to the naked eye. This clearly demonstrates the continuity and predictability of this expansive gold-rich system. Drilling at the Surebet Discovery has hit VG-NE in three distinct rock packages showing the untapped discovery potential at [...]
100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization and 95% of drill holes completed thus far in 2025 contain gold visible to the naked eye. This clearly demonstrates the continuity and predictability of this expansive gold-rich system. Drilling at the Surebet Discovery has hit VG-NE in three distinct rock packages showing the untapped discovery potential at [...]
2025 drilling has more than doubled the known extent of the Bonanza Zone from 550 m to over 1.1 km across and remains wide open with 100% of the drill holes intersecting substantial quartz-sulphide mineralization as well as 94% of drill holes containing gold visible to the naked eye, assays pending. Drilling has been completed in 34 holes within the first month of drilling with 81 holes remaining on Surebet. With 2 months [...]
New sampling and re-logging of drill hole GD-24-280 assayed 8.31 g/t Au over 23.00 meters, including 15.69 g/t Au over 11 meters, including 37.45 g/t Au or 1.20 oz/T over 4 meters in a third rock package within the high-grade gold Bonanza Zone, that also hosts drill hole GD-24-260 that assayed 4.52 g/t AuEq Over 39.00 m, Including 132.93 g/t AuEq Over 10.00 m. These assays reflect gold only. An accompanying infographic is [...]
This clarification news release is at the request of CIRO Drill hole GD-25-302 intersected 6 occurrences of gold visible to the naked eye from a 96.50 meter mineralized interval from 89.50 meters to 186.00 meters within sulphide rich calc-silicate veins in altered andesite with high density veining. This hole is still in progress and is the first deep hole drilled on Surebet designed to go to a depth of 1,000 meters to [...]
Drill hole GD-25-302 intersected 6 occurrences of gold visible to the naked eye from a 96.50 meter mineralized interval from 89.50 meters to 186.00 meters within sulphide rich calc-silicate veins in altered andesite with high density veining. This hole is still in progress and is the first deep hole drilled on Surebet designed to go to a depth of 1,000 meters to test the area believed to have strong potential to contain [...]
The previously announced 40,000 m drill program has been increased up to 60,000 m with 9 drill rigs that is fully funded on the Surebet high-grade gold discovery. This significantly upsized program is in light of the newly discovered widespread abundant visible gold seen with the naked eye in multiple reduced intrusion related gold dykes, as well as in the calc-silicate altered breccia during the re-logging initiative of [...]
Drill hole GD-22-64 assayed 6.31 g/t AuEq Over 14.35 Meters Including 11.36 g/t AuEq Over 7.85 Meters from a gold-rich intrusive feeder dyke and is the first of multiple drill holes containing gold visible to the naked eye over broad intervals identified in 2025 so far. Multiple broad intervals containing abundant gold visible to the naked eye have been identified during the re-logging of holes drilled between 2021 - 2024 [...]
Further to its news releases dated June 2, 2025, June 9, 2025 and June 16, 2025, Goliath Resources Ltd. is pleased to announce in addition to the bought deal financing that closed earlier this week of 7,256,500 common shares of the Company at a price of C$3.17 per Charity Flow-Through Share for gross proceeds of C$23,003,103, it has closed a concurrent non-brokered financing of 1,281,545 Charity Flow-Through Shares priced [...]
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