Goliath Resources Reports 100% Hit Rate High-Grade Gold Drilling in British Columbia
Goliath Resources Reports 100% Hit Rate High-Grade Gold Drilling in British Columbia

Goliath Resources Reports 100% Hit Rate High-Grade Gold Drilling in British Columbia

News summary

Goliath Resources Ltd. is making significant progress in its 2025 drilling program at the Surebet Discovery on the Golddigger Property in British Columbia’s Golden Triangle, consistently intersecting high-grade gold zones across three distinct rock packages. The company has maintained a 100% hit rate with 95% of drill holes containing visible gold, including notable intercepts such as 10.60 g/t gold over 22.82 meters in hole GD-25-337, which also includes intervals up to 36.11 g/t gold over 3.08 meters. With 65 drill holes completed totaling 45,000 meters, and 50 holes remaining, Goliath is on track to finish its expanded 60,000-meter program using nine rigs. The Surebet Discovery spans 1.8 square kilometers and has returned numerous high metal factor drill holes, indicating a potentially major high-grade gold system comparable to key historical finds like Eskay Creek. Despite strong drilling results and backing from prominent investors, Goliath’s stock faces challenges due to lack of revenue and reliance on external financing, leading to a cautious financial outlook. Nonetheless, the project’s wide-open exploration potential and continuous high-grade intercepts position Goliath as a notable player in the region’s gold mining sector.

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