Goliath Resources Discloses Observations In Holes From This Years Exploration Campaign On The Surebet Discovery, Golden Triangle, B.C.

The news release from November 13, 2025, provides a summary of observations from the completed 2025 exploration campaign at the Surebet Discovery in British Columbia's Golden Triangle. The company reports that from a cumulative total of 156,000 meters drilled in 386 holes, 100% have intersected substantial quartz-sulphide mineralization, and 92% (355 holes) contain gold visible to the naked eye. Assays are currently pending for 84 drill holes, of which 66 are reported to contain visible gold. The release reiterates previously announced high-grade intercepts for context, including 34.47 g/t Au over 39.0 meters from hole GD-24-260.

This news is materially positive. While it doesn't contain new assay results, it serves as a comprehensive and highly encouraging summary of the 2025 drill program and the project's progress to date. It confirms the successful completion of a very large drill program (over 64,000 meters in 2025 alone) that has consistently met its objectives.

Tracing the company's news flow reveals a systematic and successful de-risking of the Surebet project: - Q1 2025: The year began with a blockbuster drill result (34.52 g/t AuEq over 39.0m in GD-24-260) and a significant strategic investment of C$10 million from McEwen Mining, a major vote of confidence from a seasoned industry player. The geological model identifying a Reduced Intrusion Related Gold System (RIRG) as the likely "Motherlode" source began to solidify. - Q2 2025: The RIRG model was validated by a study from the Colorado School of Mines. The company demonstrated its forward-looking strategy by hiring JDS to study an exploration adit, signaling a shift toward advanced-stage exploration. A massive 40,000-meter drill program was announced and subsequently upsized to 60,000 meters, fully funded by a C$27 million charity flow-through financing completed at a premium price of C$3.17 per share. - Q3 2025: The 2025 drill program was executed flawlessly, ultimately exceeding the upsized target by drilling over 64,000 meters in 110 holes. Initial results and observations confirmed a 100% hit rate on mineralization and a very high incidence of visible gold (over 76% for the 2025 program). A new style of mineralization (calc-silicate breccia) was identified, and consistent high-grade results were released throughout the quarter. - Q4 2025: The company further strengthened its treasury by closing an oversubscribed C$26.3 million bought deal at very high premium prices ($4.20 and $4.44 per share), demonstrating robust institutional demand and fully funding the company for its 2026 program.

The November 13 news serves as the capstone to this successful year. Its primary material impact is setting a high level of expectation for the 84 pending assays. By confirming that 79% of these pending holes contain visible gold, the company is signaling to the market that a significant stream of positive news is likely forthcoming. In the context of the year's progress, this release reinforces that the Surebet discovery is large, consistent, high-grade, and continues to expand.

Goliath Resources Limited is a precious metals exploration company focused on its 100%-owned Golddigger Property in the prolific Golden Triangle of northwestern British Columbia, a tier-one mining jurisdiction. The flagship project is the Surebet Discovery, a large-scale, high-grade gold-silver system. The discovery is characterized by at least 12 stacked, gently dipping mineralized veins, as well as high-grade, near-vertical Reduced Intrusion Related Gold (RIRG) feeder dykes and newly identified calc-silicate breccia zones. The system has been drilled over a 1.8 km² area and to a vertical depth of 1.2 km, remaining open in all directions. The project benefits from excellent metallurgy (92.2% gold recovery without cyanide) and proximity to existing infrastructure.