Goliath Drills Intrusive Feeder Assaying 12.03 g/t AuEq Over 10.00 Meters Including 19.91 g/t AuEq Over 6.00 Meters And Discovers Five New Stacked Gold Veins That Remain Open Confirming An Extensive Gold Rich Source At Depth On Surebet, Golden Triangle, B.C.
Goliath Drills Intrusive Feeder Assaying 12.03 g/t AuEq Over 10.00 Meters Including 19.91 g/t
AuEq Over 6.00 Meters And Discovers Five New Stacked Gold Veins That Remain Open
Confirming An Extensive Gold Rich Source At Depth On Surebet, Golden Triangle, B.C.
Assays Compilation, Interpretation and Modeling For 83 More Holes Are Underway
Drilling Highlights:
Strong gold mineralization assaying 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00
meters, including 19.91 g/t AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters plus a second
separate interval assaying 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters,
including 14.26 g/t AuEq (13.87 g/t Au and 34.10 g/t Ag) over 3.00 meters have been confirmed
in an intrusion related feeder dyke that remains open, strongly indicating close proximity to a
large gold-rich intrusive source at depth (Reduced Intrusion Related Gold system, RIRG).
Strong mineralization confirmed in 100% of 243 widespread drill holes containing 300
intercepts to date within 1.8 km2 area where 8 stacked gold veins as well as 5 new stacked gold
veins have been identified and confirmed by assays. Confirmation of multiple stacked gold
veins and widespread gold rich reduced intrusion feeder dykes within the 1.8 km 2 area up to
>1.2 km deep that remain open both laterally and to depth, c onfirms the continuity of the
widths and grades at Surebet demonstrating this world class gold system has tremendous
additional untapped expansion potential remaining.
GD-22-58 intercepted two separate intervals with exceptional gold grades over substantial
widths within a reduced intrusion related porphyritic intermediate feeder dyke containing
visible gold, bismuth and molybdenum mineralization reminiscent of a RIRG system that
remains open:
o 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters, including 19.91 g/t
AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters, including 23.82 g/t AuEq (23.47
g/t Au and 30.54 g/t Ag) over 5.00 meters.
o 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters, including 14.26 g/t AuEq
(13.87 g/t Au and 34.10 g/t Ag) over 3.00 meters.
Widespread gold-rich RIRG mineralization in mineralized porphyritic dykes has been previously
reported in drill holes GD-24-237 which intercepted 10.50 g/t AuEq (10.41 f/t Au and 7.15 g/t
Ag) over 7.00 meters, GD-23-180 which intercepted 3.46 g/t AuEq (3.43 g/t Au and 2.68 g/t Ag)
over 7.00 meters, and GD-23-226 which intercepted 1.85 g/t AuEq (1.85 g/t Au and 0.00 g/t Ag)
over 8 meters.
Continued confirmation of high gold grades in this newly discovered RIRG system characterized
by considerable amounts of visible gold, bismuth, and molybdenum mineralization in the felsic
to intermediate porphyritic dykes on Surebet as well as in the intrusions surrounding Surebet
(i.e. Blue Origin) could greatly increase the resource potential of the Surebet discovery.
Drilling in 2025 will focus on expanding the stacked layers of gold mineralization that remains
open in all directions, including to depth and vectoring in on the reduced intrusion indicated
at depth believed to be the source for the extensive high -grade gold mineralization on the
Surebet discovery currently covering at least 1.8 km2.
GD-24-250 intercepted multiple stacked intervals of strong gold mineralization consisting of
quartz-sulphide veining and breccias with visible gold, sphalerite and galena from the Whopper
vein, Surebet Zone and Bonanza shear that remain open:
o Whopper Vein: 6.55 g/t AuEq (6.45 g/t Au and 4.08 g/t Ag) over 6.69 meters, including
9.48 g/t AuEq (9.34 g/t Au and 5.33 g/t Ag) over 4.61 meters.
o Surebet Zone: 4.49 g/t AuEq (3.88 g/t Au and 14.44 g/t Ag) over 4.90 meters, including
5.48 g/t AuEq (4.72 g/t Au and 29.92 g/t Ag) over 3.75 meters.
o Bonanza Shear : 11.66 g/t AuEq (11.13 g/t Au and 17.82 g/t Ag) over 5.97 meters,
including 17.48 g/t AuEq (16.71 g/t Au and 26.24 g/t Ag) over 3.97 meters.
GD-24-291 intercepted substantial gold mineralization consisting of quartz-sulphide veins and
breccia intervals with visible gold, galena, sphalerite and minor chalcopyrite in several stacked
intervals corresponding to the Bonanza Shear and the Golden Gate zone that remain open:
o Bonanza Shear: 6.14 g/t AuEq (6.10 g/t Au and 1.50 g/t Ag) over 5.00 meters, including
16.15 g/t AuEq (16.12 g/t Au and 1.24 g/t Ag) over 1.00 meter.
o Bonanza Shear: 2.86 g/t AuEq (2.74 g/t Au and 5.37 g/t Ag) over 6.00 meters, including
8.35 g/t AuEq (8.23 g/t Au and 6.34 g/t Ag) over 1 meter.
o Golden Gate: 6.32 g/t AuEq (6.29 g/t Au and 1.51 g/t Ag) over 6.00 meters, including
9.45 g/t AuEq (9.41 g/t Au and 2.07 g/t Ag) over 4.00 meters.
GD-24-263 intercepted 3 stacked gold mineralized zones with quartz-sulphide vein stockwork
and breccias with sections of semi-massive to massive sphalerite and galena, as well as visible
gold in an interval corresponding to the Bonanza Shear that remain open:
o New stacked Gold Vein: 2.06 g/t AuEq (1.92 g/t Au and 4.01 g/t Ag) over 6.17 meters,
including 2.43 g/t AuEq (2.27 g/t Au and 4.57 g/t Ag) over 5.13 meters.
o New stacked Gold Vein: 2.08 g/t AuEq (1.93 g/t Au and 5.76 g/t Ag) over 10.32 meters,
including 2.24 g/t AuEq (2.06 g/t Au and 6.78 g/t Ag) over 5.19 meters.
o Bonanza Shear: 8.56 g/t AuEq (8.37 g/t Au and 12.71 g/t Ag) over 6.00 meters, including
10.27 g/t AuEq (10.05 g/t Au and 15.25 g/t Ag) over 5.00 meters , including 12.84 g/t
AuEq (12.56 g/t Au and 19.02 g/t Ag) over 4.00 meters.
GD-24-290 intercepted exceptional stacked intervals of quart-sulphide veining and breccias in
4 mineralized horizons containing pyrrhotite, sphalerite and galena the deepest of which
corresponds to the Bonanza Shear that remains open:
o New stacked Gold Vein: 7.96 g/t AuEq (7.88 g/t Au and 5.52 g/t Ag) over 4.85 meters,
including 13.49 g/t AuEq (13.38 g/t Au and 8.87 g/t Ag) over 2.85 meters.
o New stacked Gold Vein: 3.42 g/t AuEq (3.40 g/t Au and 1.44 g/t Ag) over 5.00 meters,
including 8.41 g/t AuEq (8.38 g/t Au and 2.88 g/t Ag) over 2.00 meters.
o New stacked Gold Vein: 4.50 g/t AuEq (4.49 g/t Au and 0.84 g/t Ag) over 5.15 meters.
o Bonanza Shear: 4.24 g/t AuEq (4.18 g/t Au and 2.71 g/t Ag) over 4.98 meters.
GD-24-241 intercepted an excellent interval of quartz-sulphide veining containing visible gold,
sphalerite and galena corresponding to the Bonanza Shear that remains open:
o Bonanza Shear: 3.00 g/t AuEq (2.72 g/t Au and 7.67 g/t Ag) over 15.00 meters, including
3.65 g/t AuEq (3.27 g/t Au and 10.20 g/t Ag) over 11.00 meters, including 4.22 g/t AuEq
(3.83 g/t Au and 11.46 g/t Ag) over 8.00 meters.
With only 15 months of boots on the ground, the strong mineralization consistently observed
in 100% of all 243 drill holes collared within a 1.8 km 2 area to date clearly demonstrates the
continuity and predictability of this extensive mineralizing system that remains open in all
directions providing for excellent additional discovery and expansion potential.
100% of 243 widespread holes drilled on Surebet intersected the targeted mineralized zones
in 300 intercepts, 106 of which intersected visible gold including the 64 holes drilled in 2024
which intercepted significant mineralization with 92% of the holes (or 59 out of 64 holes)
containing visible gold, demonstrating the excellent continuity and predictability of this
extensive high-grade world class gold discovery that remains wide open.
Metallurgical testing has shown e xceptional gold recoveries of 92.2% from gravity and
floatation requiring only a 327 micrometer crush, with 48.8% occurring as free gold; no cyanide
required to recover the gold.
Assays compilation, interpretation and modeling are currently underway for an additional 83
holes and will be announced shortly: 45 drilled in 2024 (38 or 84% have visible and or abundant
visible gold), 12 drilled into the Reduced Intrusive Dykes 2021-2023 (5 or 42% have visible and
or abundant visible gold), 14 relogged shoulders 2021 – 2023 (3 or 21% have visible and or
abundant visible gold) and 12 from VMS style mineralization at Treasure Island 40 km to the
north of Surebet.