Goliath Drills Several Holes Of High-Grade Gold Up To 10.25 g/t Au Over 7.02 Meters Within 5.20 g/t Au Over 15.00 Meters From 281m To 296m Downhole, Surebet Discovery Remains Open, Golddigger Property, Golden Triangle, B.C.

The most recent news release from November 17, 2025, announces further high-grade gold drill results from Goliath Resources Limited's Surebet Discovery on its Golddigger Property in British Columbia's Golden Triangle. Key intercepts include: - Hole GD-25-377: 5.20 g/t Au over 15.00 meters from 281m to 296m downhole in the Bonanza Zone, with a higher-grade section of 10.25 g/t Au over 7.02 meters (as stated in the headline, though the 7.02m interval is not explicitly detailed within the provided JSON intervals, the 15m interval is). Another interval in the same hole yielded 8.73 g/t Au over 3.8 meters. - Hole GD-25-332: 13.38 g/t Au over 5.75 meters in the Goldzilla Vein. - Hole GD-25-380: 4.83 g/t Au over 8.0 meters, also in the Goldzilla Vein. - Hole GD-25-374: 4.59 g/t Au over 8.0 meters in the Surebet Zone.

The 2025 drill program successfully completed 64,364 meters in 386 holes, significantly exceeding the initial 40,000-meter plan. A high percentage of the drilled holes, 92%, contained visible gold (VG-NE). Currently, 80 drill holes have assays pending, with 62 of these holes observed to contain visible gold. The company’s Founder & CEO, Roger Rosmus, highlighted the consistent delivery of good assay results, showing continuity and predictability of the Surebet discovery over a vast distribution (1,200 meters from northwest to southeast, over 1,000 meters from northeast to southwest, and over 800 meters of vertical relief).

This news release represents a routine, albeit positive, update in Goliath Resources' ongoing exploration program. It consistently delivers high-grade gold intercepts, reinforcing the continuity and predictability of the Surebet discovery. The 2025 drill program successfully exceeded its expanded target, which is a positive operational achievement. The high percentage of visible gold in pending assays (62 out of 80 holes) suggests that the positive news flow is likely to continue.

However, in the context of the comprehensive historical news, this release does not introduce a new game-changing discovery or a significant shift in the company's prospects that was not already anticipated by previous positive drill results, successful financings, and robust geological modeling (including the Colorado School of Mines study confirming a Tier-1 Reduced Intrusion Related Gold (RIRG) system and the engagement of JDS Energy & Mining for an exploration adit).

The market has been accustomed to a steady stream of strong drill results and positive geological interpretations. While the grades reported are excellent, they are consistent with the "Bonanza" grade intercepts previously announced (e.g., 34.52 g/t AuEq over 39m in GD-24-260). The exceeding of the drill meter target is a good operational achievement but was already hinted at in prior releases that noted an expanded program. Therefore, while positive, this news is largely in line with established expectations and does not materially alter the investment thesis beyond maintaining existing confidence.

Goliath Resources Limited is a junior mineral exploration company focused on the discovery and development of high-grade gold projects in the prolific Golden Triangle of Northwestern British Columbia, Canada. The company's flagship project is the Golddigger Property, which hosts the Surebet Discovery.

Surebet Discovery: - Location: Situated in the highly prospective Eskay Rift, within 3 kilometers of the "Red Line" – a significant geological contact known for gold-copper-silver mineralization in the Golden Triangle. Goliath controls 56 kilometers of this Red Line trend. - Mineralization: Characterized by multiple stacked, gently dipping, gold-rich quartz-sulphide breccias/stockwork veins, gold-rich intermediate to felsic Eocene-aged Reduced Intrusive Related Gold (RIRG) near-vertical dykes, and broad gold-rich zones of calc-silicate altered breccia. Visible gold has been consistently observed in a high percentage of drill holes. - Scale: The mineralized footprint measures 1.8 km², with a surface exposure of 2.1 km strike length and 700 meters of vertical relief. Multiple stacked veins extend over 1.2 kilometers vertically, and RIRG dykes are up to 25 meters wide and exposed for up to 1,500 meters along strike. The system remains open in all directions and to depth. - Geological Interpretation: Studies by the Colorado School of Mines confirm a new interpretation of the ore-forming process, outlining a common causative RIRG magmatic source ("Motherlode") at depth. This challenges historical narratives, particularly regarding the Eocene-aged dykes, which Goliath was the first to discover and document as gold-mineralized. - Metallurgy: Preliminary metallurgical testing has shown excellent gold recoveries of 92.2% from gravity and flotation, with 48.8% occurring as free gold from gravity alone (at a 327-micrometer crush). No cyanide is required for gold recovery, and no deleterious elements (like mercury or arsenic) have been identified. - Infrastructure: The project benefits from tidewater access with a direct barge route to Prince Rupert (190 km south). It is close to communities like Alice Arm and Kitsault, with Kitsault offering a permitted mill site on private property, barge landing, dock, housing capacity for 300+ people, and high-tension power. The Dolly Varden Silver Mine Road is only 7 km east of Surebet, and high-tension power is 25 km east. These factors contribute to a favorable operating environment. - Development Status: The Surebet is in an advanced exploration stage, with extensive drilling ongoing. The company is planning for an underground exploration adit to facilitate further definition and potential bulk sampling.