- Goliath Resources Limited (GOT) has discovered a new sulphide mineralization system on the Golddigger Property
- Mineralization was observed on Pad 9, 11, 15, A and Lake Pad at the Surebet discovery
- The newly defined system is over a 5.25 square kilometre area and is open
- The company will test the Surebet discovery as it may host gold and silver mineralization
- Goliath Resources Limited (GOT) is up 3.45 per cent and is trading at $1.20 per share as of 12:02 p.m. ET
Goliath Resources Limited (GOT) has discovered a novel and consistent sulphide mineralization system on the Golddigger Property in British Columbia.
Mineralization was observed from drill holes on Pad 9, 11, 15, A and Lake Pad on the Surebet discovery. Goliath stated all holes drilled to Surebet have intersected significant intervals of sulphide mineralization.
Goliath stated the newly defined system is over a 5.25 square kilometre area and is open in all directions.
“This indicates that there is significant upside potential to the known perimeters of the Surebet system coupled with our successful 2021 Maiden drill campaign… the Surebet discovery should continue to provide our shareholders with tremendous upside with our aggressive 27,000 plus metre drill program planned as we continue to de-risk our Surebet discovery and move it up the value curve,” Roger Rosmus, founder and CEO of Goliath Resources, said.
According to the company, all assays are pending for the 2022 drill holes.
Goliath shared it will test the Surebet mineralized system over an extensive area to determine another mineralized area. The company believes its collected data collected within the Surebet Zone confirmed the presence of a large gold-silver-rich system. It has also decided to drill three additional holes from the newly built Pad G.
Goliath Resources Limited (GOT) is up 3.45 per cent and is trading at $1.20 per share as of 12:02 p.m. ET.