Latest update from Goliath Resources. TSX – V: GOT
Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) is a junior resource exploration company of precious metal projects in the prolific Golden Triangle of British Columbia and Abitibi Greenstone Belt of Quebec.
Both BC properties have returned widespread mineralization of high-grade Gold, Silver and/or Copper numbers from exposed bedrock in situ at surface. These new discoveries are the result of glacial recession and snowpack melting in geological settings where world class deposits have been found within the Golden Triangle and surrounding area.
The Company has discovered the “Surebet Zone”, an extensive new high-grade polymetallic gold-silver shear zone that remains open on its 100% controlled Golddigger property located just southeast of Stewart, British Columbia.
In 2021, Goliath successfully completed a 5,332 meter maiden drill campaign on the Surebet Zone where 100% of all 24 holes intercepted significant mineralization over 1 km of strike and 1.1 km of down dip extension on the Surebet discovery. The average grade and width from the best hole from each 7 widely spaced drill pads assayed 9.42 gpt AuEq (6.66 gpt Au and 172.66 gpt Ag) over 6.43 meters* respectively. These positive results confirm the continuity and scale of an extensive high-grade gold-silver polymetallic system that remains open.
STUDY CONFIRMS THE SUREBET HIGH-GRADE GOLD-SILVER DISCOVERY IS PART
OF A DEEP-ROOTED INTRUSION-RELATED PRECIOUS METALS SYSTEM WITH
EXCELLENT EXPANSION POTENTIAL
TORONTO, March 31, 2022 – Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the
“Company or “Goliath”) is pleased to announce findings from a study of mineralized specimens from
the Surebet Zone conducted by Dr. Thomas Monecke and T. James Reynolds of the Colorado School of
Mines. The Surebet Zone is part of Goliath’s 100% controlled Golddigger Property in the Golden
Triangle, British Columbia.
Summary of Findings:
– A petrographic and fluid inclusion study of mineralized specimens from the Surebet Zone
conducted by Dr. Thomas Monecke and T. James Reynolds of the Colorado School of Mines concludes
that this newly discovered mineralizing system is intrusion-related having formed at significant depth,
over 5‒6 km, below paleosurface.