Goliath Reports Up To 9.87 G/T Au Over 5.00 Meters, Confirms A 320 Meter Expansion Of Golden Gate Zone to The Northeast, Remains Open, On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
Goliath’s 320m step-out at Golden Gate includes 9.87 g/t Au over 5m, marking an incremental expansion rather than a system re-rater.
Goliath Resources Limited (GOT) has released assay results from two drill holes, GD-26-414 and GD-25-420, at the Surebet Discovery on the Golddigger Property in the Golden Triangle.
The 2025 hole, GD-25-420, extended the Golden Gate zone 320 meters to the northeast. Assays from this hole returned 6.51 g/t AuEq (6.16 g/t Au, 7.27 g/t Ag) over 5.73 meters of core length. This interval included higher-grade segments of 13.49 g/t AuEq over 2.73 meters and 36.27 g/t AuEq over 0.97 meters.
Hole GD-26-414 intersected two distinct zones. The Surebet Zone returned 2.81 g/t Au over 4.00 meters, while the Golden Gate Zone returned 9.87 g/t Au over 5.00 meters, which included a high-grade interval of 65.65 g/t Au over 0.75 meters.
The 2026 drilling program is ongoing, with 44 of the 98 planned holes completed, totaling 23,863 meters. The mineral system remains open laterally and at depth.
Goliath Resources Limited (GOT) is a grassroots explorer with no established resource, targeting expansion and a maiden resource estimate through 2026 drilling. A 320 m step-out is meaningful for building scale, but it does not transform the project.
The stock had been declining from above C$3.00 to a low of C$1.28, rebounding to C$1.63 following recent assay news. This release extends positive momentum but offers no new bonanza intercept or resource catalyst.
The system grows, but this hole alone doesn’t change recoverable ounces or economics. Fully funded for the remaining 2026 program, so financial risk is low. The maiden resource target is still Sept 2027, too far for this single hole to alter.
Goliath Resources Limited (GOT) is a Canadian junior explorer that is the 100% owner of the 91,518 Ha Golddigger Property in BC’s Golden Triangle. The property hosts the Surebet high-grade gold discovery, which includes the Bonanza and Golden Gate deposits.
The company has completed over 156,000 m of drilling with more than 400 pierce points. Mineralization is RIRG-style, with multiple stacked veins and visible gold recorded in more than 90% of holes. Metallurgical tests indicate a 92.2% gold recovery, with 48.8% attributed to gravity alone.
Goliath Resources holds C$48.2M in cash with zero debt, providing full funding for its 2026 50,000 m drill program. A maiden NI 43-101 resource estimate is contractually due in September 2027. Major shareholders include Rob McEwen, Eric Sprott, and Crescat Capital.