Goliath Amends Option Agreement To Fast Track 49% Ownership In Golddigger Property Based on Positive Results To Date, Golden Triangle B.C.
TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB:GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report it has fast tracked its 49% ownership interest in the Golddigger Property (the “Property”), located in the “Golden Triangle”, British Columbia based on positive results to date. The Company has made all payments required to the vendor under its option agreement dated April 18, 2017 (the “Option Agreement”). It has exceeded the minimum exploration expenditures of $14,000,000 to ultimately earn a 100% interest in the Property. Goliath will earn the remaining 51% interest in the Property by issuing a National Instrument 43-101 (“NI 43-101”) resource estimate showing a minimum of 2,000,000 AuEq ounces on or before June 1, 2027.
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