Northwire Canada EditionFriday, August 14, 2026
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NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%
Drill Results

Goliath Intersects 18.58 g/t Gold Over 5.00 Meters, Drilling Maintains 100% Hit Rate, 90% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.

By The Northwire Desk — AI Analysis Sep 08, 2025 · 06:08 GOT · 2.32 Goliath Resources Limited
GOT · Price

Executive Summary

  • Goliath Resources reports additional assay results from its 2025 Surebet drill program, highlighting several high‑grade gold intercepts (e.g., 18.58 g/t Au over 5 m; 30.95 g/t Au over 3 m).
  • To date, 82 holes (55,000 m) have been completed with 90% showing visible gold to the naked eye and 100% intersecting quartz‑sulphide mineralization, underscoring the continuity of a large, open‑pit high‑grade system.
  • The company remains on schedule to finish up to 60,000 m of drilling (115 holes total) within two weeks, maintaining momentum toward expanding the resource and testing the hypothesised Motherlode magmatic source.

Key Details

  • Overall Program Status
  • 82 drill holes completed (55,000 m) out of a planned 115 holes (≈60,000 m total).
  • 33 holes remaining (~5,000 m) to be drilled within the next two weeks.

  • 9 rigs operating concurrently; program on target for completion.

  • High‑Grade Intercepts

  • GD‑25‑328: 18.58 g/t Au over 5.00 m (incl. 23.22 g/t Au over 4.00 m; 30.95 g/t Au ≈ 1 oz/t over 3 m).
  • GD‑25‑355: 5.72 g/t Au over 12.20 m (incl. 12.92 g/t Au over 5.20 m; 20.29 g/t Au over 3.20 m).
  • GD‑25‑345: Two intervals – 5.09 g/t Au over 9.00 m (incl. 9.04 g/t Au over 5.05 m; 14.88 g/t Au over 3.00 m) and 4.22 g/t Au over 6.03 m (incl. 8.50 g/t Au over 2.97 m).
  • GD‑25‑317: 6.56 g/t Au over 5.15 m (incl. 10.22 g/t Au over 3.30 m).
  • GD‑25‑321: 4.59 g/t Au over 8.00 m (incl. 6.53 g/t Au over 5.00 m; 7.42 g/t Au over 4.00 m).
  • GD‑25‑362: 4.73 g/t Au over 5.94 m (incl. 5.67 g/t Au over 4.94 m; 6.80 g/t Au over 4.10 m).

  • GD‑25‑313: 4.88 g/t Au over 7.50 m (incl. 10.68 g/t Au over 3.40 m).

  • Historical Context & Grade Summary

  • Since 2021, >400 pierce points across 1.8 km²; 9 holes >200 g·m (max 1,346 g·m), 11 holes >150 g·m, 25 holes >100 g·m, 32 holes >75 g·m, 62 holes >50 g·m.

  • Prior best intercepts: GD‑24‑260 (34.52 g/t AuEq over 39 m) and GD‑22‑58 (12.03 g/t AuEq over 10 m).

  • Geological Highlights

  • Mineralization occurs in three rock packages: quartz‑sulphide breccia/stockwork veins, Eocene‑aged Reduced Intrusive Related Gold (RIRG) dykes, and calc‑silicate altered breccias.
  • Presence of visible gold (VG‑NE) in ~90% of 2025 holes indicates strong continuity.

  • Ongoing testing for the hypothesised “Motherlode” magmatic source and additional 13 untested RIRG dykes.

  • Future Drilling Plan

  • Continue infill drilling to increase pierce‑point density, especially in high‑grade zones (Bonanza & Surebet intersections).
  • Test “Goldilocks Zones” where veins intersect RIRG dykes.

  • Expand laterally and at depth; all remaining drilling focused on the Surebet Discovery.

  • Metallurgy

  • Gold recoveries of 92.2 % from gravity + flotation (327‑µm crush); 48.8 % free gold recovered by gravity alone.

  • Management Commentary

  • CEO Roger Rosmus emphasizes confidence in continuity, high‑grade results, and the strategic importance of Surebet within the Golden Triangle.

Notable Quotes

“I am very pleased we continue to deliver high‑grade gold results over mineable widths that increases the confidence level demonstrating Surebet's predictable continuity.” – Roger Rosmus, Founder & CEO

Materiality Assessment: Material – Positive (high‑grade intercepts and program progress materially enhance the company’s valuation prospects).

Read the original news release →

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