Goliath Drills Multiple High-Grade Gold Intervals Up To 10.72 g/t Au Over 7.83 Meters, Including 20.37 g/t Au Over 4.10 Meters At The 1.8 Km2 Surebet Discovery That Remains Wide Open, Golddigger Property, Golden Triangle, B.C
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Goliath Drills Multiple High-Grade Gold Intervals Up To 10.72 g/t Au Over 7.83 Meters,
Including 20.37 g/t Au Over 4.10 Meters At The 1.8 Km2 Surebet Discovery
That Remains Wide Open, Golddigger Property, Golden Triangle, B.C
● Assays are still pending for 84 holes from this years drilling, of which 66 representing 79% contain visible gold
to the naked eye (VG-NE).
● Drill hole GD -25-372 intersected 10.72 g/t Au over 7.83 meters, including 20.37 g/t Au over 4.10 meters
containing multiple occurrences of VG-NE. Within a zone of strong quartz -sulphide veining hosted in the
andesite unit belonging to the Bonanza Zone that remains wide open. The intercept is approximately true
width, and these assays reflect gold only (AuEq value in the interval will be adjusted a ccordingly once Ag, Cu,
Pb and Zn are received); see images below.
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● Drill hole GD-25-373 intersected 6.30 g/t Au over 7.50 meters, including 10.11 g/t Au over 4.67 meters, part of
a zone of quartz-sulphide veining hosted in the sandstone unit corresponding to the Surebet Zone that
remains wide open. The intercept is approximately true width, and these assays reflect gold only (AuEq value
in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received); see image below.
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● Drill hole GD-25-324 intersected 6.11 g/t Au over 7.65 meters, including 8.04 g/t Au over 5.79 meters, from an
interval corresponding to the Surebet Zone , containing VG -NE in quartz -sulphide veins. The intercept is
approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted
accordingly once Ag, Cu, Pb and Zn are received); see image below.
● Drill hole GD-25-370 intersected two broad intervals of gold mineralization. The first assayed 2.20 g/t Au over
22.00 meters, including 4.63 g/t Au over 4.99 meters. The second assayed 4.58 g/t Au over 5.00 meters. From a
zone of strong quartz -sulphide stockwork hosted in the andesite unit with multiple occurrences of VG -NE
corresponding to the Bonanza Zon e. The intercept is approximately true width, and these assays reflect gold
only (AuEq value in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received) ; see image
below.
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● Drilling was focused on expanding t he Surebet high-grade gold discovery and has intersected high -grade gold
mineralization in multiple drill holes along 580 meters of strike. Delineating broad zones of high -grade gold
mineralization within the Surebet -Bonanza intersection domains confirming excellent grades, widths and
continuity. As demonstrated by drill results to date where 30 holes in the Surebet system have >1 oz/t Au (31.1
g/t Au) intervals and remain wide open (see image below).
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● High-grade gold has been identified in three distinct rock packages discovered to date on Surebet. This includes
the gently dipping gold -rich stacked quartz-sulphide breccias/stockwork veins; the gold -rich intermediate to
felsic Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes; and the recently discovered broad gold -rich
zones of calc-silicate altered breccia. All of which contain substantial amounts of VG -NE (from fine-grained to
coarse-grained gold) and remain wide open for expansion. This confirms the presence of a Motherlode
magmatic source at depth, a causative intrusion responsible for the extensive 1.8 km 2 high-grade gold system
at Surebet.
● The completed and fully funded 2025 drill campaign significantly exceeded the initial plans, for a total of 64,364
meters of systematic drilling with 9 drill rigs. The campaign aimed at expanding the geometry of the Surebet
Discovery laterally and to depth. 100% of the drilling was focused on the Surebet Discovery, where the Company
designed a detailed campaign that tested for the Motherlode intrusive gold source, the mineralized RIRG
Eocene-aged dykes, infill drilling within the known stacked veins, as well as expanding the known mineralized
veins laterally and to depth.
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● 100% of the drill holes completed to date on Surebet have intersected substantial quartz -sulphide
mineralization and 7 6% of 110 drill holes totaling 8 3 completed in 2025 contain VG -NE. This clearly
demonstrates the continuity and predictability of this expansive gold-rich system.
● 92% of the holes (355 out of 386) drilled to date at Surebet contain VG-NE (see heat map below).
● The Surebet Discovery has widespread drill holes representing more than 600 pierce points over an area of 1.8
km2 or greater than half the size of Central Park, New York City, returning high metal values showing it has the
potential to be an important grassroots high-grade gold discovery in the Golden Triangle.
Toronto, Ontario – October 27, 2025 – Goliath Resources Limited (TSX -V: GOT) (OTCQB: GOTRF) (FSE: B4IF) ( the
“Company” or “Goliath”) is pleased to announce additional assay results from its 2025 drill program where drill hole GD-
25-372 intersected 10.72 g/t Au over 7.83 meters, including 20.37 g/t Au over 4.10 meters at the Surebet Discovery on its
100% controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia.
100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization as well
as 76% or 83 of the 110 drill holes from 2025 contain gold visible to the naked eye (VG -NE) clearly demonstrating the
discovery potential remaining on the property. The intercepts reported are approximately true width and reflect gold only
assays (AuEq values will be adjusted accordingly once Ag, Cu, Pb and Zn are received). Assays are still pending for 84 holes
from this years drilling, of which 66 representing 79% contain VG-NE.
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Dr. Quinton Hennigh, Geologic & Technical Advisor to Crescat Capital and Goliath, states: “This year, Goliath started its
drill season with a well planned drill program designed to infill and grow the expansive high-grade lode system at Surebet.
The Company executed this work with precision and efficiency. Now, we get to see the results, strong and thick intercepts
of gold mineralization that continues to build more continuity in key quartz -sulfide lodes including Bonanza and Surebet.
Thicknesses and grades of intervals reported in this release bode well for potential bulk underground mining. Whi le silver
and base metal results are still awaited, the gold results alone are strong. We look forward to seeing many more such
results return over coming months.”
Mr. Roger Rosmus, Founder & CEO of Goliath states: “We recently wrapped up our 2025 drilling season and have
submitted all our drill hole samples to the lab for assaying. So far, we have only reported 26 out of 110 holes with 84 holes
remaining to be announced of which 66 repre senting 79% contain VG -NE in the new s pipeline. Every season, since the
discovery, this grassroots project has continued to expand. Considering that we have drilled over 156,000 meters to date,
we still see all of the various zones in three distinct rock packages with widespread dissemination of VG-NE that remains
open. The Company is fully funded for the 2026 drill program. We look forward to announcing the balance of our assay
results once they are received, compiled and interpreted.”
Drilling was focused on expanding the Surebet high -grade gold discovery and has intersected high -grade gold
mineralization in multiple drill holes along 580 meters of strike. Delineating broad zones of high-grade gold mineralization
within the Surebet -Bonanza intersection domains confirming excellent grades, widths and continuity. As demonstrated
by drill results to date where 30 holes in the Surebet system have >1 oz/t Au (31.1 g/t Au) intervals and remain wide open.
Drill hole GD-25-372 intersected 10.72 g/t Au over 7.83 meters including 20.37 g/t Au over 4.10 meters containing multiple
occurrences of VG-NE within a zone of strong quartz-sulphide veining hosted in the andesite unit belonging to the Bonanza
Zone. Drill hole GD-25-373 intersected 6.30 g/t Au over 7.50 meters, including 10.11 g/t Au over 4.67 meters, part of a
zone of quartz -sulphide veining hosted in the sandstone unit corresponding to the Surebet Zone . Drill hole GD -25-324
intersected 6.11 g/t Au over 7 .65 meters, including 8.04 g/t Au over 5.79 meters, from an interval corresponding to the
Surebet Zone containing VG-NE in quartz -sulphide veins. Drill hole GD -25-370 intersected two broad intervals of gold
mineralization that assayed 2.20 g/t Au over 22.00 meters, including 4.63 g/t Au over 4.99 meters and the second assayed
4.58 g/t Au over 5.00 meters from a zone of strong quartz -sulphide stockwork hosted in the andesite unit with multiple
occurrences of VG-NE corresponding to the Bonanza Zone.
All intercepts are approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted
accordingly once Ag, Cu, Pb and Zn are received). The gold grades, coupled with VG-NE within substantial quartz-sulphide
veins, stockworks, and breccias, which are mineralized with sphalerite, pyrrhotite, and chalcopyrite, highlight the potential
for further expansion.
Table 1: Assay highlights from 2025 drill holes reported in this news release.
Hole ID From (m) To (m) Interval (m) Au (g/t)
GD-25-372 Interval 570.17 578.00 7.83 10.72
including 572.00 576.10 4.10 20.37
GD-25-373 Interval 207.00 214.50 7.50 6.30
including 208.81 213.48 4.67 10.11
GD-25-324 Interval 280.85 288.50 7.65 6.11
including 281.71 287.50 5.79 8.04
GD-25-370
Interval 273.00 295.00 22.00 2.20
including 274.01 279.00 4.99 4.63
Interval 289.00 294.00 5.00 4.58
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High-grade gold mineralization has been confirmed in three distinct rock packages at the Surebet Discovery, which include:
gently-dipping gold-rich mineralized stacked quartz-sulphide breccias/stock work veins; gold-rich intermediate to felsic
Eocene-aged RIRG dykes that crosscut the veins; and the broad zones of calc -silicate altered breccia. All three rock
packages contain substantial amounts of VG-NE (from fine-grained to coarse-grained gold) and remain wide open. Which
strongly indicates the presence of a Motherlode magmatic causative source at depth responsible for the widespread high-
grade gold mineralization at the Surebet Discovery.
Table 2: Collar information for drill holes reported in this news release.
Hole ID CRS Northing (m) Easting (m) Elevation (m)
Azimuth
(deg) Dip (deg) Length (m)
GD-25-372 NAD83 / UTM zone 9N 6162900 457401 1606 168 70 732
GD-25-373 NAD83 / UTM zone 9N 6163076 457511 1660 70 80 718
GD-25-370 NAD83 / UTM zone 9N 6162741 457231 1488 275 65 477
GD-25-324 NAD83 / UTM zone 9N 6162777 457447 1515 105 67 720
The 2025 drill consisted of 64,364 meters of systematic drilling with 9 drill rigs. The campaign was aimed at expanding the
geometry of the Surebet Discovery laterally and to depth. 100% of the drilling was focused on the Surebet Discovery. The
Company designed a detailed drill plan that consisted of: testing for the Motherlode Magmatic intrusive gold source;
testing an additional 13 Eocene -aged dykes observed on the surface that had never been drill tested for RIRG
mineralization; infill drilling with the goal of increasing pierce points density in all known stacked veins. With a particular
focus on the highest-grade areas from the Bonanza Zone and Surebet Zone intersection domain; testing zones where the
RIRG dykes and gently dipping veins crosscut which are being called Goldilocks Zones (as they are key locations where
there are two styles of gold mineralization enriching the zones) and expanding the known mineralized veins laterally and
to depth where they currently remain open.
Surebet Discovery Highlights
● 83 out of 110 holes (or 76%) drilled in 2025 contain VG -NE and 100% of drill holes have intersected substantial
quartz-sulphide mineralization. Assays are still pending on 84 holes of which 66 representing 79% contain VG-
NE.
● 60 out of 64 holes (or 94%) drilled in 2024 contain VG-NE up to 11.5 mm (7/16 inches) in size, all of which returned
high-grade gold.
● 92% of the holes (355 out of 386) drilled to date at Surebet contain VG-NE (see heat map above).
● The best hole drilled to date is GD -24-260 previously reported from the Bonanza Zone assayed 34.52 g/t AuEq
(34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters,
and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters (see news release dated January 13, 2025).
● The best hole drilled to date from the RIRG Eocene-aged dykes is GD-22-58 that assayed 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, plus a second separate interval down
hole of 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters (see news release dated March 13, 2025).
● The best hole drilled to date from the third distinct rock package consisting of calc -silicate altered breccia is drill
hole GD-25-337, which intersected 10.60 g/t Au over 22.82 meters, including 15.19 g/t Au over 15.71 meters,