Source: Golden Goliath Resources.
  • Goliath Resources Limited (GOT) has mobilized for its planned 24,000-metre diamond drill campaign at its Golddigger Project in B.C.
  • The campaign will consist of infill drilling as well as testing the outer extremities to depth at the newly discovered Surebet Zone
  • The Surebet Zone is on tide water in a geological setting near Stewart, BC
  • The maiden 2021 drill campaign had a 100 per cent hit ratio
  • Goliath Resources Limited is an explorer of precious metals projects
  • Goliath Resources Limited was down 6.612 per cent, trading at $1.13 at 1:14 PM ET

Goliath Resources Limited (GOT) has mobilized for its planned 24,000-metre diamond drill campaign at the Golddigger Project in B.C.

The campaign will consist of infill drilling as well as testing the outer extremities to depth at the newly discovered Surebet Zone.

The Surebet Zone is on tide water in the Golden Triangle of British Columbia.

The Homestake Ridge Deposit & Dolly Varden Silver Mine (Dolly Varden Silver Corp.), and the Kinskuch Project (Hecla Mining Company) are in close proximity.

Goliath has planned for a 24,000-metre drill campaign totalling 85 holes from 24 separate drill pads targeting the extensive high-grade gold-silver structure discovery exposed at surface at the Surebet Zone both along strike and to depth.

The maiden 2021 drill campaign had a 100 per cent hit ratio as all 24 holes totalling 5,332 metres intercepted significant widths of high-grade gold-silver over 1km of strike and confirmed 1.1km of down-dip extent.

“This new discovery has already demonstrated to be an extensive robust system that is structurally controlled down-dips 1.2 km confirmed by drilling in 2021,” noted Roger Rosmus, CEO of Goliath.

“We have identified multiple strong drill targets focused on significantly expanding the potential size of this system that remains open,” he added.

The Golddigger Property is 100-per-cent-controlled, covering an area of 23,859 hectares and is in the world-class geological setting of the Eskay Rift within the Golden Triangle, British Columbia and within 2 km of the Red Line that is host to multiple world class deposits.

All rock, channel and talus fine samples were crushed and pulverized at MSALABS’s laboratory in Terrace, BC.

Goliath Resources Limited is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec.

Goliath Resources Limited was down 6.612 per cent, trading at $1.13 at 1:14 PM ET.

More From The Market Online
Mandalay Resources - Mandalay's Björkdal gold mine in Sweden.

This profitable gold stock is on its way up

An attractive stock to consider under a gold-equity dislocation thesis is Mandalay Resources, whose mines are profitable and 100%-owned.

Pampa Metals completes drill hole PIU-03 at Piuquenes Project

Pampa Metals (CSE:PM) reveals it has completed drilling at hole PIU-03 at its Piuquenes Project in Argentina.

Critical raw materials pioneer drives Europe’s clean energy transition

Leading Edge Materials Corp. (TSXV:LEM) offers an exciting proposition as it stands at the forefront of the critical raw materials sector.

Microcap rare earths stock sees positive sampling results

Defense Metals Corp. (TSXV:DEFN) receives positive results from Ucore Rare Metals (TSXV:UCU) on its Wicheeda rare earth carbonate sample.