Goliath’s Updated Model Confirms Six New Gold Veins for a Total of 10 Demonstrates Increased Tonnage Potential at Surebet Discovery on Golddigger Property, Golden Triangle, British Columbia
HIGHLIGHTS:
TORONTO, March 04, 2024 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB:GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is please to share a significant update on the work being carried out on the Surebet Discovery at its 100% controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia. The Company has updated the structural vein model of the Surebet Discovery that integrates drill data from the 2021 to 2023 (oriented core), all the surface data collected and the total number of mineralized pierce points in each vein to date. The new model suggests a total combined range of 78 to 97 million potential tonnes. In addition to the previously reported Surebet Zone, Bonanza Shear and Golden Gate Zone, 6 newly discovered gold veins have been identified that also remain open.
Related news for (GOTRF)
- Goliath Resources Announces Closing of LIFE Offering Including the Full Exercise of Underwriters’ Option for Gross Proceeds of $23,003,105
- Goliath Resources Announces Concurrent Non-Brokered Private Placement of Charity Flow-Through Shares Following Previously Announced “Bought Deal” Offering For Combined Gross Proceeds Total Up To C$24,065,200
- Goliath Resources Engages JDS Energy & Mining Inc. To Forge Plans To Drive An Exploration Adit At Its Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
- Goliath Resources Updated Modelling Confirms Its Large Gold Rich Layered System Is Directly Associated To Motherlode Intrusive Source (RIRG) And Multiple Gold Rich Feeder Dykes That Assayed Up To 12 g/t AuEq Over 10 Meters That Remain Open For Expansion, Surebet Discovery, Golden Triangle, B.C.
- McEwen Mining Inc. Completes $10,000,000 Strategic Investment In Goliath Resources Limited At $1.93 Per Unit
