Goliath Resources Limited - Founder & CEO, Roger Rosmus.
Founder & CEO, Roger Rosmus.
Source: Stockhouse
  • Goliath Resources Limited (GOT) has discovered more significant intervals of mineralization at its Golddigger Property in British Columbia
  • A 67.59-metre interval of sulphide mineralization was found on the South Cliff pad
  • Two mineralized intercepts up to 7.60 metres from Pad 16 on the Surebet discovery
  • Goliath plans to test the Surebet mineralized system over an extensive northern area
  • Goliath Resources Limited (GOT) is down 3.28 per cent trading at $1.18 per share as of 2:54 p.m. ET

Goliath Resources Limited (GOT) has discovered more significant intervals of mineralization at its Golddigger Property in British Columbia.

The company reported a 67.59-metre interval of sulphide mineralization from the South Cliff step-out pad, and two mineralized intercepts up to 7.60 metres from Pad 16 on the Surebet discovery.

All holes drilled so far on Surebet have intersected significant intervals of sulphide mineralization within brecciated zones and/or disseminated throughout the rock.

“Seeing exceptional intervals of strong sulphide mineralization over significant width in core from the infill drilling is very exciting and again indicates that the mineralized zone continues without interruptions… observations from the 2022 drilling so far show that a very large mineralizing system is in place covering over 5.25 square kilometers and remains open in all directions,” Roger Rosmus, Founder and CEO of Goliath Resources, said. 

Goliath stated it plans to test the Surebet mineralized system over an extensive area reaching as far as Lake Pad to the West and New Gold to the north. Multiple samples collected from structures believed to be associated with the Surebet Zone returned significant gold and silver values, confirming the company’s belief that a large prosperous system exists at depth.

Source: Goliath Resources Limited.

“This [new intercepts] coupled with the results from the 2021 drill campaign give us confidence that Surebet has the strong potential to be one of biggest new gold-silver discoveries in the Golden Triangle all in close proximity to excellent infrastructure,” Rosmus said.

Goliath Resources Limited (GOT) is down 3.28 per cent trading at $1.18 per share as of 2:54 p.m. ET.


More From The Market Online

Pan American Energy reveals results from Big Mack project

Pan American Energy (CSE:PNRG) reveals assay results from its 2023-2024 diamond drill project at the Big Mack Lithium Project in Ontario.
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.

Adyton to recommence work at its Feni Island Project

Adyton Resources (TSXV:ADY) gears up to restart work activities at its Feni Island Gold-Copper Project in Papua New Guinea.

This company starts production at what could be Canada’s next great gold mine 

IAMGOLD (TSX:IMG) is a Canadian-based intermediate gold producer and developer focused on mining properties in North America and West Africa.