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Goliath Resources Ltd V.GOT

Alternate Symbol(s):  GOTRF

Goliath Resources Limited is a Canada-based junior resource exploration company. The Company is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. The Company owns 100% of the Golddigger property that covers an area of 52,756 hectares. The Homestake Ridge Deposit (Fury Gold Mines Limited), Dolly Varden Silver Mine (Dolly Varden Silver Corp.), and the Kinskuch Project (Hecla Mining Company) are in close proximity. The Golddigger Property consists of contiguous mineral claims located approximately 30 kilometers southeast of Stewart with tidewater access on Hastings Arm in the Golden Triangle of Northern British Columbia. The Luckystrike Property is located north of Terrace, British Columbia. The Company also owns a 10% interest in the DSM Syndicate projects. It has six mineral claim blocks, totaling 391 mineral claims, under Goliath's Nelligan East Project and Nelligan West Project.


TSXV:GOT - Post by User

Comment by mrsgoldmineron Jul 31, 2023 7:40pm
124 Views
Post# 35565764

RE:Tidbits for GOT

RE:Tidbits for GOT

Roger Rosmus's Goliath Resources Ltd. (GOT) has yet another gold sighting in the Surebet-Golden Gate feeder zone of its Golddigger project in the Golden Triangle district of northwestern British Columbia. In fact, a 20-metre stretch of mineralization within a broader 66-metre zone contained 12 separate sightings of gold. Goliath began its 18,000-metre drill program in mid-June and since then, it has applauded visible gold hits on eight occasions -- with several sightings on most of those occasions.

Mr. Rosmus, CEO, was excited by the first sighting in mid-June. "We are off to an exciting 2023 drill season, where visible gold and substantial intervals of Surebet-style sulphide mineralization has been confirmed in the first exploratory hole of the year," he gushed, expounding at length about the hit and its implications. The second batch of sightings elicited a lesser response, but Mr. Rosmus did allow that the news was "certainly keeping the enthusiasm high." Since then, Mr. Rosmus has let the gold speak for itself.

Nothing that Mr. Rosmus -- or the gold -- has said has budged Goliath's stock far from the 85-cent mark over the past two months. Goliath rose five cents to 89 cents on 420,000 shares today, as investors await the assays from all these zones. High grades will not be a surprise when the results arrive, as drilling at Golddigger last year managed assay encouragement. Those hits included 22 grams of gold and 128 grams of silver per tonne plus modest amounts of base metals over 11 metres.

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