Gold assay results have been intercepted in additional drill holes demonstrating continuity and predictability of the new 320 meter expansion area of the Golden Gate Zone to the Northeast (see news August 10, 2026). The Golden Gate Zone has been expanded by an aggregate of 860 meters (320 meters NE & 540 meters SW) confirmed by the drill bit from this years drilling program (see news July 15, 2026); it still remains open laterally and at depth…
Beyond the Headline
The Goliath press release today highlighted additional results that continue to confirm the continuity and expansion of the gold-mineralization in the Golden Gate Zone within the newly discovered 320 meter extension to the northeast. Drill hole GD-26-424 intersected the Golden Gate Zone returning 10.32 g/t Au over 6.00 m including 15.61 g/t Au over 3.96 m and including 33.80 g/t Au over 1.82 m.
Drill hole GD-25-412 intersected multiple mineralized intervals belonging to the Surebet and Golden Gate Zones. The Surebet Zone interval assayed 4.41 g/t AuEq (3.33 g/t Au and 61.14 g/t Ag) over 7.79 m, including 8.47 g/t AuEq (6.58 g/t Au and 106.53 g/t Ag) over 3.81m while The Golden Gate interval assayed 4.17 g/t AuEq (3.87 g/t Au and 7.96 g/t Ag) over 3.75 m, including 7.52 g/t AuEq (7.07 g/t Au and 11.37 g/t Ag) over 1.94 m.
All drill holes completed during the 2026 drill campaign have intersected quartz-sulphide mineralization which generally corresponds to high-grade gold mineralization. 45 out of 98 planned drill holes have been completed with a total of 25,651m drilled thus far in 2026. Goliath continues to systematically expand the footprint of all their major mineralized zones. The expanded Golden Gate Zone now has a strike of 1.6 km E-W and 1.5 km N-S while still open in both directions. Similarly, the expanded Bonanza Zone now has a strike of 1.8 km NW-SE and 1.8 km NE-SW and remains open.
Figure 1
Source: Goliath Resources
Figure 2
Source: Goliath Resources
