Goliath Reports Numerous High-Grade Intercepts Up To 10.83 g/t AuEq Over 22.82 Meters, Grade Values Increased By 13.2% In 54 Gold Equivalent Drill Results, Assays Pending On A Further 56 AuEq Holes Drilled In 2025, Surebet Discovery, Golden Triangle, B.C.
Goliath Solidifies Surebet Footprint as High-Grade Continuity Defies Geologic Skepticism
The most recent news release (February 19, 2026) reports assay results for the first 54 of 110 holes from the 2025 diamond drilling program at the Surebet Discovery (Golddigger Property). Key highlights include: - Significant high-grade intercepts, notably hole GD-25-337 which returned 10.63 g/t AuEq over 22.82 meters. - A material 13.2% increase in overall grade values when accounting for silver, copper, lead, and zinc (AuEq) compared to gold-only assays. - 100% of the holes reported intersected gold mineralization. - Visible gold (VG-NE) was observed in 76% of the 2025 holes (83 of 110). - The 2025 program completed 64,364 meters, bringing the total project drilling since 2021 to 156,000 meters. - Confirmation of five main mineralized zones (Bonanza, Surebet, Golden Gate, Whopper, and Eldorado), all of which remain open for expansion.
This news is Material - Positive for several reasons: - Continuity and Hit Rate: A 100% hit rate for mineralization across 54 reported holes in the Golden Triangle is statistically significant and reduces the geological risk of "dry holes" in the core discovery area. - Economic Multi-Element Contribution: The 13.2% grade "bump" from silver and base metals is significant for future scoping studies, as it effectively increases the value per tonne of the resource without increasing extraction costs. - Scale: The confirmation that all five zones remain open suggests that the current 1.8 km² footprint is likely to expand further. The reporting of intercepts over 20 meters in length at grades exceeding 10 g/t AuEq supports the potential for high-tonnage, high-grade underground mining scenarios. - Funding: Management confirmed that the 2026 drill program is fully funded, alleviating the immediate risk of a dilutive financing at current price levels.
Goliath Resources is a junior explorer focused on the Golden Triangle of British Columbia. Its flagship Golddigger Property hosts the Surebet Discovery. The project is characterized by stacked, gently dipping high-grade gold-silver veins and Reduced Intrusion Related Gold (RIRG) dykes. The project benefits from its location near tidewater and the town of Kitsault, which provides significant infrastructure advantages compared to more remote projects in the Triangle.