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.

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.
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+16.5 % average increase across all 110 holes drilled in 2025 when base metals are included.
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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.
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110 holes completed in 2025; 56 holes reported in this release.
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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).
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GD‑24‑262 (Whopper Zone): 32.67 g/t AuEq over 4 m (32.56 g/t Au + 8.92 g/t Ag).
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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).
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Gravity‑only recoveries: Au 48.8 %, Ag 10.3 % (no cyanide required).
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Visible Gold (VG‑NE) Statistics:
- 2025: 83/110 holes (76 %) contain visible gold to the naked eye.
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Cumulative: 355/386 holes (92 %) VG‑NE across all drilling seasons.
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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.