Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Goliath Completes Over 64,000 Meters Of Drilling in 110 Drill Holes, With 100% Hit Rate In 90 Days On 1.8 Km2 Surebet Gold Discovery That Remains Open, Golddigger Property, Golden Triangle, B.C.

MUX · Price

Executive Summary

  • Goliath Resources completed its 2025 Surebet drill program with 64,000 m in 110 holes, exceeding the planned 60,000 m.
  • 100% of holes intersected substantial quartz‑sulphide mineralization; 76% contain visible gold (VG‑NE).
  • Assays are pending for 88 holes; results will be used to update 3‑D wireframe models and design the 2026 drill plan.

Key Details

  • Drill program executed with 9 rigs and extensive helicopter support in alpine terrain – one of North America’s largest such programs.
  • Objectives achieved: testing for a “Motherlode” magmatic source, drilling 13 previously untested Eocene‑aged dykes (RIRG), infill drilling of high‑grade zones (Bonanza & Surebet intersections), and expanding the system laterally/depthwise.
  • 12 stacked gold‑rich veins now defined over >150,000 m total historic drilling; >400 pierce points across a 1.8 km² area (≈½ size of Central Park).
  • Highlighted historic best intercepts (pre‑2025):
  • GD‑24‑260 – 34.52 g/t AuEq over 39 m; 166.04 g/t AuEq over 8 m.
  • GD‑22‑58 – 12.03 g/t AuEq over 10 m; up to 23.82 g/t AuEq over 5 m.
  • GD‑25‑337 – 15.19 g/t Au over 15.71 m; 37.28 g/t Au (1.20 oz/t) over 3.36 m.
  • Metallurgy: gold recoveries of 92.2% (gravity + flotation) with 48.8% free‑gold recovery by gravity alone; benign rock chemistry, no deleterious elements reported.
  • Land package now 91,518 ha, controlling 56 km of the Red Line trend in the Golden Triangle.
  • Ongoing collaborations: Colorado School of Mines research confirming a magmatic “Motherlode” source and supporting advanced geological studies for 2026 planning.

Notable Quotes

  • Dr. Quinton Hennigh (Geologic & Technical Advisor): “Goliath has blasted past their goal… virtually all drill holes encountered mineralized lodes, many with visible gold.”
  • Roger Rosmus (Founder & CEO): “The more we drill the Surebet discovery the better it gets… 100% of holes have hit mineralization, confirming a world‑class high‑grade system.”
Read the original news release →

More from McEwen Inc.