- Goliath Resources Limited (GOT) released new assay results for its 2022 drill campaign on the Surebet Zone on the Golddigger Property
- Almost all of the new holes intersected average gold grades and high silver grades
- These results are in line with the zone’s continuing trend of similar results
- The company has confirmed a 97 per cent drilling hit rate and strong gold mineralization in the Surebet Zone, which remains open
- The mineralization appears to be a part of a much larger gold system
- Goliath Resources Limited (GOT) is down 18.32 per cent and is trading at $1.07 per share as of 2:11 p.m. EST
Goliath Resources (GOT) released the second batch of gold-silver assay results for its 2022 drill campaign on the Surebet Zone.
The Surebet Zone is on the Golddigger Property in British Columbia.
15 out of 16 new holes from within the 1.60-square-kilometre area on the Surebet Zone intersected broad intervals of average-grade gold and high-grade silver mineralization, which outlined the continuity of the discovered large gold system.
42 out of 44 widely spaced holes from the entire program from within the same area of the Surebet Zone similarly intersected broad intervals of gold-silver mineralization.
Between the company’s 2021 and 2022 drilling programs, 66 holes, it has confirmed a 97 per cent drilling hit rate and strong gold mineralization on the Surebet Zone, which remains open. Results suggest the mineralization is part of a much larger gold system covering at least 5.25 square kilometres.
Assays for the final 27 drill holes are still pending and will be included in Goliath’s third batch, which is expected to be released shortly. The holes included in the third batch are from pads 5, 7, 12, 13, Real Deal, west of Northeast Fault, and G, all located within the Surebet Zone.
Goliath Resources Limited (GOT) is down 18.32 per cent and is trading at $1.07 per share as of 2:11 p.m. EST.