Goliath Intersects 18.58 g/t Gold Over 5.00 Meters, Drilling Maintains 100% Hit Rate, 90% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
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Goliath Intersects 18.58 g/t Gold Over 5.00 Meters, Drilling Maintains 100% Hit Rate,
90% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery,
Golddigger Property, Golden Triangle, B.C.
● 100% of the drill holes completed to date on Surebet have intersected substantial quartz -sulphide
mineralization and 90% of drill holes completed thus far in 2025 contain gold visible to the naked eye (“VG-
NE”). This clearly demonstrates the continuity and predictability of this expansive gold-rich system.
● Drilling at the Surebet Discovery has hit VG -NE in three distinct rock packages ( quartz-sulphide
breccias/stock work, RIRG Eocene-aged dykes and calc-silicate altered breccia) showing the untapped discovery
potential at this remarkable high-grade gold system that remains open.
● 82 drill holes have been completed for a total of 55,000 meters in 2025, with only 33 holes remaining totaling
5,000 meters for a total of up to 115 holes. With roughly 2 weeks remaining, Goliath is on target to complete
its planned up to 60,000 meter drill program with 9 rigs actively turning. Currently, assays are pending for 69
drill holes completed to date.
● Since drilling started in 2021, many holes have returned impressive metal factors with 9 holes delivering greater
than 200 grams*meters (“g*m”) and up to 1346 g*m, 11 holes greater than 150 g*m, 25 holes greater than 100
g*m, 32 holes greater than 75 g*m and 62 holes greater than 50 g*m have been drilled on the Surebet Discovery
that remains wide open.
● The Surebet Discovery has widespread drill holes representing more than 400 pierce points over an area of 1.8
km2 or greater than half the size of Central Park, New York City returning high metal factors showing it has the
potential to be one of the most important high -grade gold discoveries in the Golden Triangle since the Eskay
Creek discovery.
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● Drill hole GD -25-328 intersected 18.58 g/t Au over 5.00 meters, including 23.22 g/t Au over 4.00 meters,
including 30.95 g/t Au or 1.00 oz/t over 3 meters. Multiple occurrences of VG-NE were identified within quartz
veins containing substantial amounts of semi -massive to massive sphalerit e, galena and chalcopyrite located
approximately 70 meters below the Bonanza Zone defined as the contact between sedimentary unit above and
volcanic unit below. 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).
● Drill hole GD -25-355 intersected 5.72 g/t Au over 12.20 meters, including 12.92 g/t Au over 5.20 meters,
including 20.29 g/t Au over 3.20 meters from a zone consisting of quart-sulphide veining with massive
chalcopyrite, pyrite and sphalerite where multiple occurrences of VG -NE have been confirmed within the
Bonanza Zone. 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).
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● Drill hole GD-25-345 intersected two separate mineralized intervals within the Bonanza Zone at the sediment-
volcanic contact. The first 5.09 g/t Au over 9.00 meters, including 9.04 g/t Au over 5.05 meters, including 14.88
g/t Au over 3.00 meters from a quartz -sulphide breccia intervals that transition into a broad quartz -sulphide
vein containing moderate amounts of pyrrhotite, galena and sphalerite part of the. The second interval assayed
4.22 g/t Au over 6.03 meters including 8.50 g/t Au over 2.97 meters within a zone of strongly altered quartz-
sulphide veining. The 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).
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● Drill hole GD-25-317 intersected 6.56 g/t Au over 5.15 meters, including 10.22 g/t Au over 3.3 meters from the
Golden Gate Zone. 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).
● Drill hole GD-25-321 intersected 4.59 g/t Au over 8.00 meters, including 6.53 g/t Au over 5.00 meters, including
7.42 g/t over 4.00 meters from the Bonanza Zone. 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).
● Drill hole GD-25-362 intersected 4.73 g/t Au over 5.94 meters, including 5.67 g/t Au over 4.94 meters, including
6.80 g/t Au over 4.1 meters from the Surebet Zone. 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).
● Drill hole GD-25-313 intersected 4.88 g/t Au over 7.5 meters, including 10.68 g/t Au over 3.40 meters from the
Bonanza Zone. 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).
● 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 and remain wide open
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for expansion. This confirms the presence of a Motherlode magmatic source at depth, a causative intrusion
responsible for the extensive 1.8 km2 high-grade gold system at Surebet.
● The 2025 planned campaign is under way and consists of up to 60,000 meters of systematic drilling with 9 drill
rigs. The campaign aims at expanding the full geometry of the Surebet Discovery laterally and to depth. 100%
of the drilling will be focused on the Surebet Discovery, where the Company has designed a detailed drill plan
that will consist of:
o Testing for the Motherlode Magmatic intrusive gold source;
o Testing an additional 13 Eocene-aged dykes observed on the surface that have never been drill tested
for RIRG mineralization;
o 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;
o 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
o Expanding the known mineralized veins laterally and to depth where they currently remain open.
● The Company is updating the high-grade gold wireframes as drilling progresses and results are received. Please
see below the 3D detailed view of Surebet’s wireframes and Plan View of the high-grade Bonanza Zone.
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Toronto, Ontario – September 8 , 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-
25-328 intersected 18.58 g/t Au over 5.00 meters, including 23.22 g/t Au over 4.00 meters, including 30.95 g/t Au or 1.00
oz/t over 3 meters at 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 90% of the 2025 drill holes contain visible gold to the naked eye (“ VG-NE”) that clearly demonstrates the exceptional
discovery potential remaining on the property. Drilling has been completed for 82 holes (55,000 meters) during the 2025
drill season, with 33 holes remaining (5,000 meters) for a total of 115 planned drill holes.
With roughly 2 weeks remaining, the Company is on target to complete the planned up to 60,000 meter program with 9
rigs actively drilling. 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).
Mr. Roger Rosmus, Founder & CEO of Goliath states: “I am very pleased we continue to deliver high -grade gold results
over mineable widths that increases the confidence level demonstrating Surebet's predictable continuity. The exceptional
project management and team of geologists, drillers, pilots and all support staff are doing a tremendous job of completing
the 60,000 meters drill program in this 2025 drilling season. We are within a few weeks of reaching the end of the drilling
campaign. After drilling is completed, our season will last approximately an extra month of logging and then shipping
samples for assaying. To date, we have only reported 14 drill holes of the planned up to 115 drill hole program. It’s likely
that we will have a steady flow of assays to report for the remainder of 2025 and into 2026. The team is very motivated
and enthusiastic as several of them have never worked on such a remarkable high-grade gold discovery as Surebet. Many
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of our geological team have not seen as much widespread visible gold to the naked eye in almost every hole during their
entire careers at our grassroots discovery. We are very delighted with the progress our team has had and been able to do
it safely and e ffectively, as well as host site visits with strategic investors. We wholeheartedly believe that the Surebet
discovery is emerging as the most important grassroots high-grade gold discovery in the Golden Triangle since Eskay Creek.
To think that only a few years ago Surebet was hidden by receding glaciers, in a short period of time has grown from a
mineralized showing into a large high-grade gold discovery, which is a testament to the fantastic work of our entire team
and astonishing geological endowment. I look forward to my fully booked roster of meetings (90+) this week with strategics
and institutions alike at the Precious Metals Summit in Beaver Creek, CO as well as Denver Mineral Exploration Symposium
(DMES) in Golden, CO held at the Colorado School of Mines.”
Description Of Reported Drill Holes
Highlights from drill holes presented in this news release include exceptional high -grade gold from drill hole GD-25-328,
which intersected 18.58 g/t Au over 5.00 meters, including 23.22 g/t Au over 4.00 meters, including 30.95 g/t Au or 1.00
oz/t over 3 meters where m ultiple occurrences of VG -NE were identified within quartz veins containing substantial
amounts of semi -massive to massive sphalerite, galena and chalcopyrite located approximately 70 m eters below the
Bonanza Zone defined as the contact between sedimentary unit above and volcanic unit below.
Drill hole GD-25-355 intersected 5.72 g/t Au over 12.20 meters, including 12.92 g/t Au over 5.20 meters, including 20.29
g/t Au over 3.20 meters from a zone consisting of quart-sulphide veining with massive chalcopyrite, pyrite and sphalerite
where multiple occurrences of VG-NE have been confirmed.
Drill hole GD -25-345 had two separate mineralized intervals, with the first intersecting 5.09 g/t Au over 9.00 meters,
including 9.04 g/t Au over 5.05 meters, including 14.88 g/t Au over 3.00 meters from a quartz -sulphide breccia intervals
that transition into a broad quartz -sulphide vein containing moderate amounts of pyrrhotite, galena and sphalerite part
of the Bonanza Zone at the sediment-volcanic contact. The second interval assayed 4.22 g/t Au over 6.03 meters including
8.50 g/t Au over 2.97 meters within a zone of strongly altered quartz-sulphide veining.
Drill hole GD-25-317 intersected 6.56 g/t Au over 5.15 meters, including 10.22 g/t Au over 3.3 meters.
Drill hole GD-25-321 intersected 4.59 g/t Au over 8.00 meters, including 6.53 g/t Au over 5.00 meters, including 7.42 g/t
over 4.00 meters; drill hole GD-25-362 intersected 4.73 g/t Au over 5.94 meters, including 5.67 g/t Au over 4.94 meters,
including 6.80 g/t Au over 4.1 meters.
Drill hole GD-25-313 intersected 4.88 g/t Au over 7.5 meters, including 10.68 g/t Au over 3.40 meters.
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 exceptional grades coupled with VG-NE within substantial quartz-
sulphide veins, stockworks, and breccias, which are mineralized with sphalerite, pyrrhotite, and chalcopyrite, highlight the
excellent potential for further resource 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-25-328
Interval 526.00 531.00 5.00 18.58
Including 526.00 530.00 4.00 23.22
Including 527.00 530.00 3.00 30.95
GD-25-355
Interval 435.00 447.20 12.20 5.72
Including 442.00 447.20 5.20 12.92
Including 444.00 447.20 3.20 20.29
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Hole ID From (m) To (m) Interval (m) Au (g/t)
GD-25-345
Interval 534.00 543.00 9.00 5.09
Including 535.95 541.00 5.05 9.04
Including 537.00 540.00 3.00 14.88
Interval 498.90 504.93 6.03 4.22
Including 501.10 503.07 2.97 8.50
GD-25-317 Interval 637.00 642.15 5.15 6.56
Including 638.00 641.30 3.30 10.22
GD-25-321
Interval 295.00 303.00 8.00 4.59
Including 298.00 303.00 5.00 6.53
Including 298.00 302.00 4.00 7.42
GD-25-313 Interval 526.00 533.50 7.50 4.88
Including 528.10 531.50 3.40 10.68
GD-25-362
Interval 177.06 183.00 5.94 4.73
Including 177.06 182.00 4.94 5.67
Including 177.90 182.00 4.10 6.80
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 and remain wide open , w hich 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-25-362 NAD83 / UTM zone 9N 6163255 457413 1733 53 60 405
GD-25-355 NAD83 / UTM zone 9N 6162757 457368 1509 100 72 690
GD-25-345 NAD83 / UTM zone 9N 6162757 457366 1509 120 52 822
GD-25-328 NAD83 / UTM zone 9N 6162964 456710 1639 43 55 662
GD-25-321 NAD83 / UTM zone 9N 6162589 457017 1387 137 64 509
GD-25-317 NAD83 / UTM zone 9N 6162777 457447 1515 130 67 717
GD-25-313 NAD83 / UTM zone 9N 6162856 457325 1581 167 73 732
The 2025 planned campaign is under way and consists of up to 60,000 meters of systematic drilling with 9 drill rigs. The
campaign aims at expanding the full geometry of the Surebet discovery laterally and to depth. 100% of the drilling will be
focused on the Surebet Discovery, where the Company has designed a detail ed drill plan that will consist of: testing for
the Motherlode Magmatic intrusive gold source; testing an additional 13 Eocene-aged dykes observed on the surface that
have 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.