2023 Drill Campaign Highlights: Several grains of Visible Gold have been identified over multiple meters in 3 out of 5 holes completed in the Golden Gate Feeder Zone and in 1 out of 2 holes completed on the Surebet Blowout on the North Slope ; assays pending. Hole GD-23-118 has multiple occurrences of Visible Gold over 1.51 meters at 64.53 meters [...]
Initial 2023 Drill Campaign Highlights: Visible Gold has been identified in GD-23-111, the first hole of 2023 at a depth of 33.13 meters from Pad TS-1 . The occurrence of visible gold strongly indicates the potential for very high-grade gold intervals in a zone dubbed the "Golden Gate Feeder Zone" . The first pad of the 2023 season was chosen based [...]
The 2023 drill campaign includes 70 holes from 21 separate drill pad locations with four diamond drill rigs for a planned 18,000 meters; inclusive of a Maiden Drill Program at newly discovered Goldswarm Zone. This drilling/exploration season will focus on new discoveries and further upside potential: Expand the footprint and higher-grade [...]
GOLDSOURCE HIGH-GRADE GOLD BRECCIA ZONE - ~1,000 Metres Maiden Diamond Drilling, Highlights: The Goldsource Zone is a high-grade gold breccia that is a drill ready target that shows all the right components for an extensive gold mineralizing system including surface mineralization, textures, and alteration that remains open in all direction. An [...]
The 2023 drill campaign includes 70 holes from 21 separate drill pad locations with four diamond drill rigs for a planned 18,000 meters. This drilling/exploration season will focus on new discoveries and further upside potential: Expand the footprint and higher-grade mineralized areas of the Surebet Zone & Bonanza Shear. A photo accompanying this [...]
Goliath Resources Ltd. is pleased to announce the closing of its previously announced "best-efforts" upsized private placement for gross proceeds of C$9,650,000, which includes the full exercise of the Agent's Option for gross proceeds of C$1,150,000. Under the Offering, the Company sold 9,650,000 flow-through units to charitable purchasers at a [...]
Goliath Resources Ltd. is pleased to announce that due to significant investor demand, the Company has amended its agreement with Red Cloud Securities Inc. , as sole agent and bookrunner, to increase the maximum gross proceeds under the previously announced "best-efforts" private placement from C$9.0 million to C$9.65 million. Under the revised [...]
Goliath Resources Ltd. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a "best-efforts", private placement for gross proceeds of up to C$8,000,000 from the sale of up to 8,000,000 flow-through units to be sold to charitable purchasers at a price of [...]
Goliath Resources Ltd. is pleased to announce that it has signed a Memorandum of Understanding with BWCG Holding Ltd. , Blackwolf Copper and Gold , Coast Copper Corp. , Dolly Varden Silver , and New Moly LLC to jointly study the viability of using New Moly's Kitsault Project as the potential site for a centralized polymetallic processing facility [...]
Summary of Results: "Recent metallurgical test results indicate Surebet displays a number of optimal characteristics," commented Quinton Hennigh, Technical and Geologic Director of Crescat Capital, a strategic shareholder of Goliath Resources. "Even at a coarse grind size of P80 327 ?m, or 0.327 mm, minerals that are sought are readily liberated [...]
Goliath Resources Ltd. announces that the Company intends to extend the exercise period of a total of 4,189,136 share purchase warrants, all of which are exercisable at $0.86 per common share . The Warrants were issued pursuant to a private placement which closed on March 8, 2021 . The Company proposes to extend the expiry dates for these Warrants [...]
Goliath Resources Ltd. is pleased to announce it has been selected by the PDAC 2023 technical committee to display its core. PDAC's Core Shack provides a unique venue at the world's premier mining convention to display core from new or ongoing projects that are generating exciting drill results. The latest discoveries from around the world are [...]
