Northwire Canada EditionThursday, July 30, 2026
Northwire
ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results Material +

Goliath Reports Numerous High-Grade Intercepts Including 24.16 g/t AuEq Over 7.00 Meters, Grade Values Increased By 19.6 % In 56 Gold Equivalent Drill Results, And Expands Vast Stacked Vein System At Surebet Discovery, Golden Triangle, B.C.

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Executive Summary

  • Goliath Resources reports gold‑equivalent assay results for the remaining 56 holes of its 2025 drill program at the Surebet Discovery, showing an average 19.6 % increase in overall grade values when silver, copper, lead and zinc are included (16.5 % increase across all 110 holes).
  • Highlight intercepts include a 24.16 g/t AuEq over 7 m (Bonanza Zone) and multiple high‑grade zones such as Golden Gate (34.52 g/t AuEq over 39 m) and Whopper (32.67 g/t AuEq over 4 m).
  • The fully funded 2026 drill program will target expansion of the five main mineralized zones and test the “Motherlode” intrusive source, positioning the project for a future resource estimate.

Key Details

  • Overall Grade Impact:
  • +19.6 % average increase in AuEq grades for the 56 newly reported holes versus prior gold‑only assays.
  • +16.5 % average increase across all 110 holes drilled in 2025 when base metals are included.

  • Drill Program Scope:

  • Total drilling to date (2021‑2024): 92,000 m; 2025 season added >64,000 m, bringing cumulative depth to >156,000 m and >1,500 pierce points.
  • 110 holes completed in 2025; 56 holes reported in this release.

  • Key Intercepts (Gold‑Equivalent, AuEq):

  • GD‑24‑280 (re‑logged 2024): 24.16 g/t AuEq over 7 m (24.05 g/t Au + 5.78 g/t Ag).
  • GD‑25‑319: 30.06 g/t AuEq over 4 m (29.09 g/t Au + 53.55 g/t Ag).
  • GD‑25‑405: 21.33 g/t AuEq over 3.75 m (21.09 g/t Au + 5.14 g/t Ag).
  • GD‑25‑332: 20.67 g/t AuEq over 3.87 m (19.87 g/t Au + 33.97 g/t Ag).
  • GD‑24‑260 (Golden Gate Zone): 34.52 g/t AuEq over 39 m (34.47 g/t Au + 3.96 g/t Ag).
  • GD‑24‑262 (Whopper Zone): 32.67 g/t AuEq over 4 m (32.56 g/t Au + 8.92 g/t Ag).

  • Zone Summaries (Updated Model, 2025 data):

Zone Lodes Dimensions (km × km × m) Best AuEq Intercept Status
Bonanza 5 1.8 × 1.1 × 19 8.35 g/t AuEq over 23 m (GD‑24‑280) Open
Surebet 9 1.2 × 0.93 × 19 21.08 g/t AuEq over 23 m (GD‑23‑157) Open
Golden Gate 18 1.3 × 0.82 × 14 34.52 g/t AuEq over 39 m (GD‑24‑260) Open
Whopper 12 0.8 × 0.45 × 6 32.67 g/t AuEq over 4 m (GD‑24‑262) Open
Eldorado 2 0.68 × 0.70 × 5 13.93 g/t AuEq over 5.75 m (GD‑25‑332) Open
Gold‑rich Dykes 1.4 × 0.89 × 25 12.03 g/t AuEq over 10 m (GD‑22‑83) Open
  • Metallurgical Results (Composite Sample):
  • Recoveries: Au 92.2 %, Ag 86.5 %, Pb 94.2 %, Zn 96.9 % (gravity + flotation).
  • Gravity‑only recoveries: Au 48.8 %, Ag 10.3 % (no cyanide required).

  • Visible Gold (VG‑NE) Statistics:

  • 2025: 83/110 holes (76 %) contain visible gold to the naked eye.
  • Cumulative: 355/386 holes (92 %) VG‑NE across all drilling seasons.

  • Future Work:

  • Fully funded 2026 drill program will focus on expanding the five main zones, targeting the Motherlode intrusive source and refining the 3‑D model for a forthcoming resource estimate.

Notable Quotes

“We are delighted with the substantial increase in grades on a gold‑equivalent basis (increase of 16.5 %…) … The system remains open laterally and at depth, offering significant upside potential.” – Roger Rosmus, Founder & CEO, Goliath Resources Ltd.

Read the original news release →

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