The newly discovered Full House trend consists of a series of stacked E-W trending and N dipping significantly mineralized shear zones sporadically outcropping at surface over 3 kilometers characterized by Surebet-style Mineralization with Massive to Semi-Massive Galena and Sphalerite that remains open. Full House sits within a broader trend of multiple stacked shear zones traced for 6.5 kilometers that remains wide open [...]
Drill Hole GD-23-140 Highlights: Visible Gold has been intercepted at 72.15, 83.8 and 102.9 meters respectively within the Surebet Golden Gate Feeder Zone . An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/bc93a93c-08ae-441f-9cb3-0da7676b85f7 This is the Sixth Hole drilled in the 2023 season from within the Surebet Golden Gate Feeder Zone to intercept Visible Gold and [...]
Drill Hole GD-23-137 Highlights: Visible Gold 0.5 mm in size was intercepted at 83.9 meters in a mineralized quartz-sulphide-rich breccia within the Surebet Golden Gate Feeder Zone . An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/d1acd024-629c-44cf-a7e8-96c1d3792c8d An accompanying infographic is available at [...]
Drill Hole GD-23-133 Highlights: ~1 mm nugget of Visible Gold was intercepted at 71.42 meters in a mineralized quartz-sulphide-rich breccia interpreted to be a splay from the Bonanza Shear within the Surebet Golden Gate Feeder Zone . An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/172262a8-b4c0-4425-9708-9081c6a00a09 An accompanying infographic is available at [...]
2023 Drill Campaign Highlights: Several grains of Visible Gold have been identified over multiple meters in 3 out of 5 holes completed in the Golden Gate Feeder Zone and in 1 out of 2 holes completed on the Surebet Blowout on the North Slope ; assays pending. Hole GD-23-118 has multiple occurrences of Visible Gold over 1.51 meters at 64.53 meters, 65.97 meters and 66.04 meters depth respectively, in what is interpreted to [...]
Initial 2023 Drill Campaign Highlights: Visible Gold has been identified in GD-23-111, the first hole of 2023 at a depth of 33.13 meters from Pad TS-1 . The occurrence of visible gold strongly indicates the potential for very high-grade gold intervals in a zone dubbed the "Golden Gate Feeder Zone" . The first pad of the 2023 season was chosen based on snow conditions and the first hole was targeted to test the [...]
The 2023 drill campaign includes 70 holes from 21 separate drill pad locations with four diamond drill rigs for a planned 18,000 meters; inclusive of a Maiden Drill Program at newly discovered Goldswarm Zone. This drilling/exploration season will focus on new discoveries and further upside potential: Expand the footprint and higher-grade mineralized areas of the Surebet Zone & Bonanza Shear. An accompanying infographic is [...]
GOLDSOURCE HIGH-GRADE GOLD BRECCIA ZONE - ~1,000 Metres Maiden Diamond Drilling, Highlights: The Goldsource Zone is a high-grade gold breccia that is a drill ready target that shows all the right components for an extensive gold mineralizing system including surface mineralization, textures, and alteration that remains open in all direction. An accompanying infographic is available at [...]
The 2023 drill campaign includes 70 holes from 21 separate drill pad locations with four diamond drill rigs for a planned 18,000 meters. This drilling/exploration season will focus on new discoveries and further upside potential: Expand the footprint and higher-grade mineralized areas of the Surebet Zone & Bonanza Shear. A photo accompanying this announcement is available at [...]
Goliath Resources Ltd. is pleased to announce the closing of its previously announced "best-efforts" upsized private placement for gross proceeds of C$9,650,000, which includes the full exercise of the Agent's Option for gross proceeds of C$1,150,000. Under the Offering, the Company sold 9,650,000 flow-through units to charitable purchasers at a price of C$1.00 per Charity FT Unit . Red Cloud Securities Inc. acted as sole [...]
Goliath Resources Ltd. is pleased to announce that due to significant investor demand, the Company has amended its agreement with Red Cloud Securities Inc. , as sole agent and bookrunner, to increase the maximum gross proceeds under the previously announced "best-efforts" private placement from C$9.0 million to C$9.65 million. Under the revised Offering, up to 8,500,000 flow-through units may be sold to charitable [...]
Goliath Resources Ltd. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a "best-efforts", private placement for gross proceeds of up to C$8,000,000 from the sale of up to 8,000,000 flow-through units to be sold to charitable purchasers at a price of C$1.00 per Charity FT Unit . Each Charity FT Unit will consist of one common [...]
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