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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 40 kilometers north of Terrace, British Columbia. The Company also owns a 10% interest in the DSM Syndicate projects. It has six mineral claim blocks under Goliath’s Nelligan East Project and Nelligan West Project.


TSXV:GOT - Post by User

Post by alphaflighton Aug 10, 2024 11:14am
212 Views
Post# 36172758

75% of Goliath's Holes Contain Abundant Visible Gold

75% of Goliath's Holes Contain Abundant Visible Gold

 

 

Crescat Capital's Live Market Call, August 9, 2024. Kevin C. Smith - Chief Investment Officer, Otavio (“Tavi”) Costa – Macro Strategist and Quinton Hennigh, PhD – Member/Geologic & Technical Director discuss Goliath's news release announcing drilling confirms 100% of the first 8 holes of 2024 hit significant mineralization, 75% of the holes contain abundant visible gold up io 1.3mm in size

 

Crescat Capital's Live Market Call Video - August 9, 2024: (Click Here).

Drill Hole GD-24-244 intersected abundant visible gold and massive sulphides - Link to core box video (Click Here)

 

Surebet Discovery and Company Highlights:

• Located in a mining friendly jurisdiction within a world class geological setting of the Golden Triangle, B.C. and has excellent infrastructure.

• Next door to the old Kitsault Mine, a permitted brownfield mine site on private property, that is located on the BC Hydro grid with road access to the Nass Valley and tidewater access to Prince Rupert.

• Exceptional continuity of the gold mineralization that is predictable with our geological team having a strong understanding of the system.

• Drilling thus far shows a majority of the coarser grain visible gold seen up to 11 mm in size is hosted further downhole near or within the volcanics and still above the valley floor.

• Deeper drill holes to test below the valley floor in 2024 are part of this years program; the gold mineralization remains wide open in all directions for further new discoveries.

• The gold mineralization has excellent metallurgical recoveries of 92.2% Gold from gravity and flotation, including 48.8% free gold from gravity alone at a 327 micron crush; no deleterious minerals or cyanide required.

• The Golddigger property is fully permitted until 2029 for 199 drill pads.

• 66,930 meters have been drilled to date at the Golddigger property (2021 – 2023).

• 44 holes (or 35%) of 124 holes drilled in 2023 contained Visible Gold with nuggets up to 11 mm in size.

• Best hole drilled to date is GD-23-180 assaying 65.00 g/t AuEq (64.88 g/t Au and 8.03 g/t Ag) over 7.90 meters, including 86.99 g/t AuEq (86.84 g/t Au and 6.52 g/t Ag) over 5.90 meters.

• Mineralization can be seen at surface for 1.0 kilometers of strike and 1.1 kilometers down-dip extent appears to continue below the valley floor with 700 meters of vertical relief that has exceptional continuity.

• 10 gold mineralized vein horizons have been identified to date and remain open.

• The mineralized footprint of the Surebet discovery corresponds to 1.8 km2, the equivalent in size to >336 NFL football fields.

• Strategic cornerstone shareholders include Crescat Capital, Mr. Rob McEwen and Mr. Eric Sprott.

• Link to our presentation: Click Here

Link To Complete News Release August 6, 2024 - Goliath Drilling Confirms 100% Of The First 8 Holes Of 2024 Hit Significant Mineralization, 75% Of The Holes Contain Abundant Visible Gold Up To 1.3mm In Size, Surebet Discovery, Golden Triangle B.C. (Click Here)

Follow us on LinkedIn: Click Here

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Goliath Resources Limited

Mr. Roger Rosmus
Founder and CEO
roger@goliathresources.com
https://goliathresourcesltd.com

 

 

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