GOT CV

GOLIATH RESOURCES LTD

British Columbia, Canada

Assay results confirm grade continuity within the high-grade core of the Surebet Zone, this demonstrates the predictability of the mineralization model with these multiple infill holes reported that will contribute to the planned future maiden resource and preliminary economic assessment.

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Beyond the Headline

Goliath reported assay results from 16 additional drill holes at the Gold Digger property. Multiple drill holes intercepted the Surebet, Eldorado, and Whopper Zones quartz-sulphide breccias hosted within the sedimentary package, confirming the strong continuity of high grade zones within the Surebet System (Figure 2-1). Highlights include:

  • Drill hole GD-26-498 intersected 14.61 g/t AuEq (14.79 g/t Au and 52.25 g/t Ag) over 6.00 meters, including 21.68 g/t AuEq (21.97 g/t Au and 76.26 g/t Ag) over 4.00 m, including 42.31 g/t AuEq (42.86 g/t Au and 150.50 g/t Ag) over 2.00 meters in a quartz-breccia interval from the Surebet Zone
  • Drill hole GD-26-490 assayed 11.88 g/t AuEq (11.86 g/t Au and 43.81 g/t Ag) over 4.00m,including 43.93 g/t AuEq (44.73 g/t Au and 128.00 g/t Ag) over 1.04m. Mineralization is hosted in stockwork veining and breccia hosted in the sedimentary rocks part of the Surebet Zone.
  • Drill hole GD-26-465 intersected 4.19 g/t AuEq (4.01 g/t Au and 23.16 g/t Ag) over 8.60m, including 6.05 g/t AuEq (6.01 g/t Au and 21.18 g/t Ag) over 5.38m, within a broader interval that assayed 2.01 g/t AuEq (1.87 g/t Au and 14.84 g/t Ag) over 20.00m in quartz-sulphide breccia, stockwork, and biotite alteration part of the Surebet Zone.
  • Drill hole GD-26-455 intersected 5.98 g/t AuEq (5.93 g/t Au and 26.52 g/t Ag) over 6.37m, within a broader interval that assayed 2.38 g/t AuEq (2.32 g/t Au and 12.11 g/t Ag) over 16.45m in quartz-sulphide veining and breccia part of the Surebet Zone.
  • Drill hole GD-26-442 intersected 4.49 g/t AuEq (3.88 g/t Au and 46.70 g/t Ag) over 4.35m, within a broader interval that assayed 2.15 g/t AuEq (1.92 g/t Au and 19.14 g/t Ag) over 13.65m in quartz-sulphide veins and stockwork part of the Surebet Zone.
  • Drill hole GD-26-486 intersected 5.13 g/t AuEq (5.17 g/t Au and 19.00 g/t Ag) over 5.07m in quartz-sulphide veins and stockwork part of the Surebet Zone.
  • Drill hole GD-26-459 intersected 4.34 g/t AuEq (4.55 g/t Au and 9.94 g/t Ag) over 5.00 meters in stockwork and sericite and biotite altered sedimentary rocks part of the Whopper Zone, and 5.92 g/t AuEq (5.90 g/t Au and 25.09 g/t Ag) over 4.00 meters in quartz-breccia within the Surebet Zone.
  • Drill hole GD-26-480 intersected 2.54 g/t AuEq (2.58 g/t Au and 6.97 g/t Ag) over 8.06 meters, including 3.91 g/t AuEq (4.00 g/t Au and 10.47 g/t Ag) over 3.06 meters in quartz-sulphide breccia, stockwork, and sericite alteration part of the Eldorado Zone

Comments

Strong batch of drill results within three of the major zones (Surebet, Eldorado, and Whopper on the Surebet Property confirming the strong continuity of high grade zones within the Surebet System.  The 3D video prepared by Terrahutton for Goliath is now posted on their website

Figure 2-1 Source Goliath Resources