Goliath Reports Multiple Holes With Visible Gold And Up To 13.81 g/t Au Over 4.85 Meters From Golden Gate Zone, 5.27 g/t AuEq Over 9.85 Meters From Surebet Zone At The High-Grade Gold Surebet Discovery that Remains Open for Expansion, Golden Triangle, B.C

Goliath Resources Limited (GOT) has released assay results for five holes drilled in 2026: GD-26-414, GD-26-426, GD-26-439, GD-26-450, and GD-26-478. In the Golden Gate Zone, hole GD-26-478 returned 4.85 m @ 13.81 g/t Au, including 3.09 m @ 21.45 g/t Au and 1.15 m @ 37.34 g/t Au. Gold equivalent and base-metal assays for this hole remain pending. Hole GD-26-414, also in the Golden Gate Zone, reported 5.00 m @ 10.26 g/t AuEq, including 2.80 m @ 18.30 g/t AuEq and 0.75 m @ 68.17 g/t AuEq.

Results from the Surebet Zone show hole GD-26-426 intersecting 9.85 m @ 5.27 g/t AuEq within a broader interval of 23.50 m @ 2.55 g/t AuEq, which includes 1.50 m @ 15.21 g/t AuEq and 1.35 m @ 19.33 g/t AuEq. Hole GD-26-450 returned 6.96 m @ 4.42 g/t AuEq within 12.97 m @ 3.06 g/t AuEq, including 5.00 m @ 5.32 g/t AuEq and 1.02 m @ 14.14 g/t AuEq. Additionally, hole GD-26-439 yielded 2.95 m @ 4.97 g/t AuEq, including 1.00 m @ 14.49 g/t AuEq.

The company has renamed its volcanic wedge zones to Big Bulk Zones, identifying intervals ranging from 10–58 m at 0.39–2.04 g/t AuEq. The exploration program is nearing completion, with 92 of 97 planned holes finished and 45,616 m drilled. To date, only nine holes have complete AuEq assays reported. The updated footprint shows the Surebet system at 2.01 km², an increase of 12%; the Golden Gate zone at 1.17 km², up 38%; and the Bonanza zone at 1.51 km², up 19%.

Goliath Resources Limited (GOT) is a pre-resource explorer with a market capitalization of approximately C$265.6 million, holding C$48.2 million in cash and zero debt.

The best new hole, GD-26-478, returned 67 g-m. While solid, this result is significantly smaller than the property’s all-time best holes and does not represent a new discovery. The results are broadly in line with the known high-grade system, featuring good but not market-moving widths and grades.

Shares are currently trading at C$1.50, down approximately 56% from the C$3.41 high recorded in the provided data. The rally to C$1.87 in August 2026 has since faded, and the market does not appear to be pricing these specific holes as transformative. The anchor expectation remains modest given that the stock has round-tripped.

Goliath Resources Limited (TSX-V: GOT, OTCQX: GOTRF, FSE: B4IF) is a gold explorer operating in the Golden Triangle. The company’s flagship asset is the 100% owned Golddigger Property, which covers 91,518 hectares and controls 56 km of the Red Line trend.

The Surebet Discovery features a 2.01 km² footprint with five main zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado. The property contains 46 lodes and veins characterized by high-grade gold in quartz-sulphide breccia and stockwork, volcanic veins, and Eocene dykes. Of the drill holes completed between 2021 and 2025, 92% contain visible gold.

To date, over 156,000 meters of drilling have been completed. The 2026 program is fully funded for approximately 50,000 meters, with 92 of the 97 planned holes already completed. Metallurgical testing indicates a 92.2% gold recovery rate using gravity plus flotation, while gravity alone yields 48.8% free gold. The process requires no cyanide and involves no deleterious elements.

As of March 31, 2026, Goliath Resources held C$48.16 million in cash with zero debt and working capital of approximately C$41.9 million. There are about 177.05 million shares outstanding. Key strategic shareholders include Crescat Capital, McEwen Inc., Rob McEwen, Eric Sprott, Waratah Capital Advisors, and Larry Childress.