Northwire Canada EditionThursday, August 13, 2026
Northwire
CYG 0.150 +0.0% PHNM 0.390 +0.0% AWE 0.150 +30.4% FTZ 0.425 +1.2% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.90 −0.7% BEM 0.090 +0.0% MANU 0.255 +15.9% FL 0.430 −5.5% ICM 0.055 +0.0% AMCO 0.350 −1.4% MSR 0.440 +0.0% REVX 1.53 +0.0% CYG 0.150 +0.0% PHNM 0.390 +0.0% AWE 0.150 +30.4% FTZ 0.425 +1.2% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.90 −0.7% BEM 0.090 +0.0% MANU 0.255 +15.9% FL 0.430 −5.5% ICM 0.055 +0.0% AMCO 0.350 −1.4% MSR 0.440 +0.0% REVX 1.53 +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.

GOT · Price

Executive Summary

  • Goliath Resources announced the completion of its 2025 drill program at the Surebet Discovery, drilling >64,000 m in 110 holes—exceeding the original 60,000 m target.
  • All 110 holes intersected substantial quartz‑sulphide mineralization; 76 % contain visible gold (VG‑NE). Assays are pending for 88 of the 2025 holes.
  • The program confirmed continuity of a large, high‑grade, gold‑rich system across three distinct rock packages and set the stage for a 2026 drill plan.

Key Details

  • Drilling Scope: 64,000 m in 110 holes; 9 rigs; one of North America’s largest helicopter‑supported programs in alpine terrain.
  • Meterage Goal: Target was 60,000 m – exceeded by ~4,000 m (≈6.7 % over).
  • Hit Rate: 100 % of holes intersected quartz‑sulphide mineralization; 76 % contain visible gold (VG‑NE).
  • Assays Pending: Results pending for 88 holes drilled in 2025.
  • Geologic Objectives Covered:
  • Testing for a “Motherlode” magmatic source.
  • Drilling 13 previously untested Eocene‑aged RIRG dykes.
  • Infill drilling to increase pierce‑point density, especially in the Bonanza and Surebet zones.
  • Targeting “Goldilocks Zones” where dykes intersect gently dipping veins.
  • Lateral and depth expansion of known mineralized veins.
  • Key Intercepts (historical best holes):
  • GD‑24‑260 (Bonanza Zone) – 34.52 g/t AuEq over 39 m; 132.93 g/t AuEq over 10 m; 166.04 g/t AuEq over 8 m.
  • GD‑22‑58 (RIRG dykes) – 12.03 g/t AuEq over 10 m; peak 23.82 g/t AuEq over 5 m.
  • GD‑25‑337 (calc‑silicate breccia) – 15.19 g/t Au over 15.71 m; up to 37.28 g/t Au over 3.36 m.
  • System Scale: 12 stacked veins, >400 pierce points (2021‑2024), covering ~1.8 km² (>½ the size of Central Park).
  • Metallurgy: Gold recoveries of 92.2 % from gravity & flotation at 327 µm crush; 48.8 % free gold recovered by gravity alone (no cyanide required).
  • Future Plans: Core logging to be completed in the next few weeks; assay results will feed updated 3D wireframe models and a detailed drill plan for the 2026 season.
  • Additional Context: Goliath’s land package now 91,518 ha (226,146 ac) with 56 km of Red Line trend exposure; infrastructure includes barge access to Prince Rupert and proximity to existing mines in the Golden Triangle.

Notable Quotes

“We have blasted past our goal of drilling 60,000 m this season… virtually all drill holes are encountering mineralized lodes, many with visible gold,” – Dr. Quinton Hennigh, Geologic & Technical Advisor.

“The more we drill the Surebet discovery the better it gets… we look forward to updating our 3‑D models once assays are in,” – Roger Rosmus, Founder & CEO.

Read the original news release →

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