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 [...]
Further to its news releases dated May 29, 2025, June 2, 2025, and June 9, 2025, Goliath Resources Ltd. is pleased to announce that it has closed its "bought deal" private placement of 7,256,500 common shares of the Company at a price of C$3.17 per Charity Flow-Through Share for aggregate gross proceeds of C$23,003,103, including the exercise in full of the over-allotment option granted to the Underwriters . The Company's [...]
Goliath Resources Ltd. announces that it has amended the exercise price of the common share purchase warrants to be issued to: Stifel Nicolaus Canada Inc. and a syndicate of underwriters in connection with the Company's "bought deal" private placement of 6,310,000 common shares in the capital of the Company that will qualify as "flow-through shares" as defined in subsection 66 of the Income Tax Act at a price of C$3.17 [...]
Multiple occurrences of gold visible to the naked eye have been identified across a 26.47 meter interval of intermediate granitoid Reduced Intrusion Related Gold feeder dyke in hole GD-22-64 from 274.15 to 300.62 m. This is one of the many RIRG dykes believed to be directly related to the causative intrusion responsible for the extensive high-grade gold mineralization confirmed at Surebet. The entire granitoid dyke [...]
Goliath Resources is pleased to announce that, in response to overwhelming institutional demand following the announcement of a proposed "bought deal" private placement for gross proceeds of C$20,002,700, the Company intends to complete a concurrent non-brokered private placement on similar terms whereby it proposes to issue up to 1,281,545 common shares of the Company at a price of C$3.17 per Charity Flow-Through Share [...]
Goliath Resources is pleased to announce that it has entered into an agreement with Stifel Nicolaus 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 6,310,000 common shares of the Company that will qualify as "flow-through shares" as defined in subsection 66 of the Income Tax Act at a price of [...]
Goliath is embarking on its largest drill program to date that is 100% focused on the extensive Surebet high-grade gold discovery totaling 40,000 meters with 9 rigs based on the positive results from the 2024 drill season which has greatly improved the understanding of this large mineralized system that remains open for expansion in all directions. The 2025 planned drill campaign is systematic drilling designed to outline [...]
Drill-out of all high-grade Surebet lodes will be more easily and cheaply facilitated from underground vantages. Underground access to the Bonanza Zone will enable geological confirmation of this important high-grade lode and potentially enable bulk sampling. Goliath looks forward to mobilizing shortly for its aggressive 2025 drill campaign. Goliath Resources is pleased to announce world renowned JDS Energy & Mining Inc [...]
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 [...]