- Goliath Resources Limited (GOT) has shared a report on the Surebet discovery at its Golddigger Property
- Three drill holes have returned noteworthy intervals of sulphide mineralization
- The data observed in the report show characteristics like holes at the Surebet Zone
- This suggests the same extensive underlying feeder source for the mineralization
- The drill rig from Pad J will be moved to Pad 15 to target the Surebet system at depth
- Goliath Resources Limited (GOT) is up 1.05 per cent trading at $0.96 per share as of 4:02 p.m. ET
B.C. exploration company Goliath Resources Limited (GOT) has shared a report on the Surebet discovery at its Golddigger Property.
The company has completed three drill holes for a new extension target and returned noteworthy sulphide mineralization intervals. The mineralization has been observed consistently throughout the area and remains open.
According to Goliath, the type of mineralization, textures, and alteration observed in the report are like holes at the Surebet Zone. The company believes this suggests the same extensive underlying feeder source for the resource.
Goliath stated it plans to test the Surebet mineralized system for the remaining drill campaign. As for its next steps, the company noted the drill rig from Pad J would be moved to Pad 15 to target the Surebet system at depth. Meanwhile, a second drill will start testing the extension of the suggested system to the north at New Gold.
Several drill locations are planned up to 600 meters West of Real Deal to target the Surebet mineralized system at depth based on the projected model generated from the 2021 drill results and 2020 channel sample results.
The New Gold Zone is nearby the dubbed ‘Red Line.’ Goliath commented that most world-class mineral deposits discovered within the Golden Triangle are hosted in the sediments and occur within a few kilometres of the unconformity.
Goliath Resources Limited (GOT) is up 1.05 per cent trading at $0.96 per share as of 4:02 p.m. ET.