Goliath Resources Acquires 100% Ownership Of The Golddigger Property Hosting The High-Grade Surebet Gold Discovery And Buys Down 1% Of The NSR, Golden Triangle, B.C.

The most recent news (March 10, 2026) confirms that Goliath Resources has earned a 100% interest in its flagship Golddigger Property (Surebet Discovery) by issuing 3,000,000 shares to the J2 Syndicate. Crucially, the company bought down the Net Smelter Return (NSR) royalty from 3% to 2%. The agreement also defers the deadline for a Mineral Resource Estimate (MRE) to June 1, 2030, and improves the bonus payment threshold to US$1 per ounce only for resources exceeding 4,000,000 gold equivalent (AuEq) ounces (previously 2,000,000). Simultaneously, the TSXV denied an extension for 2.59M warrants held by McEwen Inc., which expired on March 10, 2026.

The impact is Material - Positive. - Ownership & Economics: Moving to 100% ownership and reducing the NSR by 1% significantly enhances the Net Present Value (NPV) of the project for any future feasibility study or acquisition. - Resource Thresholds: Doubling the bonus payment threshold to 4M ounces suggests management and the syndicate see a high probability of a multi-million-ounce deposit, while protecting Goliath's cash flow for the first 4M ounces. - Drilling Success: Recent assays (Feb 24, 2026) showed a 19.6% increase in AuEq grades compared to gold-only results, with intercepts like 24.16 g/t AuEq over 7.00 meters. - Warrant Expiry: The expiry of the McEwen warrants at $2.50 is a minor negative as it removes a potential $6.4M capital injection, but it also removes potential share dilution at those levels.

Goliath Resources is focused on the Golddigger Property in the Golden Triangle, B.C. The Surebet Discovery is a high-grade Au-Ag-polymetallic system characterized by stacked veins and RIRG (Reduced Intrusion Related Gold) dykes. The project has a 1.8 km² footprint and has shown exceptional metallurgical recoveries (92.2% Au).