Goliath Intersects Several High-Grade Gold Holes Including 8.45 g/t Au Over 7.13 Meters, Within 5.13 g/t Au Over 12.00 Meters, Drilling Maintains 100% Hit Rate, Surebet Discovery Remains Open, Golddigger Property, Golden Triangle, B.C.
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Goliath Intersects Several High-Grade Gold Holes Including 8.45 g/t Au Over 7.13 Meters,
Within 5.13 g/t Au Over 12.00 Meters, Drilling Maintains 100% Hit Rate, Surebet
Discovery Remains Open, Golddigger Property, Golden Triangle, B.C.
● Visible gold to the naked eye “VG-NE” heat map of all holes reported to date 2021 – 2025 (see below).
● 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 63 holes greater than 50 g*m have been drilled on the Surebet Discovery
that remains wide open.
● Drill hole GD-25-365 intersected 8.45 g/t Au over 7.13 meters, within 5.13 g/t Au over 12.00 meters, including
17.20 g/t Au over 3.35 meters. From an interval containing multiple occurrences of visible gold (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 accordingly once Ag, Cu, Pb and Zn are received).
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● GD-25-365 is currently modeled in the NW extension of the Bonanza Zone that also corresponds to previously
announced holes GD-22-96, GD-24-245, GD-24-263 and GD-24-273 that respectively assayed 4.92 g/t Au over
3.7 meters, 4.14 g/t Au over 8 meters, 8.37 g/t Au over 6 meters, and 4.62 g/t Au over 8.9 meters (see cross
section, plan view and 3D vein wire frame below).
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● Drill hole GD-25-360 intersected 6.47 g/t Au over 4.00 meters, within 2.66 g/t Au over 11.10 meters, part of a
quart-sulphide breccia corresponding 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
accordingly once Ag, Cu, Pb and Zn are received).
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● Drill hole GD -25-358 intersected two separate intervals that both correspond to the Bonanza Zone which
remains wide open. The first 6.09 g/t Au over 5.00 meters, including 10.13 g/t Au over 3.00 meters, containing
VG-NE associated with semi-massive to massive sulphides. The second interval assayed 6.33 g/t Au over 4.10
meters, within 3.90 g/t Au over 7.00 meters and within a larger interval of 2.33 g/t Au over 12.00 meters, where
VG-NE occurs in close association with bismuth within quartz-chlorite 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).
● Drill hole GD-25-359 intersected 6.38 g/t Au over 3.00 meters, within 5.09 g/t Au over 3.97 meters from a zone
of strong quartz -sulphide stockwork and breccia , with multiple occurrences of VG -NE 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).
● Drill hole GD -25-354 intersected 6.96 g/t Au over 3.43 meters , within 3.95 g/t Au over 6.58 meters . Where
multiple VG-NE particles were in andesite -hosted quartz veins associated with semi -massive to massive
sulphides, from 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 accordingly once Ag, Cu, Pb and Zn
are received).
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● Drill hole GD-25-350 intersected 5.01 g/t Au over 3.30 meters, from a zone of stockwork and breccia containing
VG-NE as well as semi -massive to massive sulphide s. Corresponding to the Goldzilla Zone that remains wide
open hosted within the sandstone unit. 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 (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 fully funded 2025 systematic drilling campaign has a goal of up to 60,000 meters using 9 drill rigs . The
campaign is aimed at expanding the full 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 drill plan that consisted
of:
o Testing for the Motherlode Magmatic intrusive gold source;
o Testing an additional 13 Eocene-aged dykes observed on the surface that had 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/zones laterally and to depth where they currently remain open.
● 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.
● 100% of the drill holes completed to date on Surebet have intersected substantial quartz -sulphide
mineralization and 79% of drill holes completed thus far in 2025 contain VG-NE. This clearly demonstrates the
continuity and predictability of this expansive gold-rich system.
● 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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Toronto, Ontario – September 22, 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-
25-365 intersected 8.45 g/t Au over 7.13 meters, within 5.13 g/t Au over 12.00 meters, including 17.20 g/t Au over 3.35
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 78% of the 2025 drill holes contain visible VG-NE that clearly demonstrates the exceptional
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).
Mr. Roger Rosmus, Founder & CEO of Goliath states: “Evidence that we have made one of the most important grassroots
high-grade gold discoveries in the Golden Triangle (since the spectacular Eskay Creek discovery) is building with each new
drill hole. We often hear the saying in mining “Grade is King”, when in reality it is truly grade and continuity that is king. I
would point to our heat map image showing the widespread VG -NE, over an astounding area ( over half the area size of
Central Park, New York City and roughly 3 x Empire State Building’s tall) clearly shows remarkable continuity. Which leads
to predictability, that has been established since very early in our success at the Surebet discovery. Our geological team
has done a wonderful job at targeting the high -grade gold zones and finding new ones in each successive drill campaign.
The fact that, to date, we have found VG-NE in three distinct rock packages is indicative of a multi-phased system that was
long-lived and powerful. Suggesting a very large magmatic causative source is lurking not far below or laterally to our
various high-grade gold zones, is readily apparent. A picture tells a story, and what we can see is a Big Mountain with
widespread VG-NE over a large area, that remains open and contains high-grade gold over mineable widths. Ultimately,
we feel that the Surebet high-grade gold system is evolving into a significant discovery with the potential to become a
future mine one day.”
Description Of Reported Drill Holes
The recent assay results returned several high -grade gold intercepts over mineable widths , confirming the exceptional
continuity and predictability of the gold mineralization at Surebet:
Drill hole GD-25-365 intersected 8.45 g/t Au over 7.13 meters, within 5.13 g/t Au over 12.00 meters, including 17.20 g/t
Au over 3.35 meters, from an interval 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.
Drill hole GD-25-360 returned 6.47 g/t Au over 4.00 meters, within 2.66 g/t Au over 11.10 meters, including part of a quart-
sulphide breccia. Further drilling in the Bonanza Zone continues to demonstrate continuity.
Drill hole GD-25-358 intersected two separate gold intervals , both corresponding to the Bonanza Zone . The first being
10.13 g/t Au over 3.00 meters, within 6.09 g/t Au over 5.00 meters from an interval containing VG -NE associated with
semi-massive to massive sulphides. The second interval assayed 3.90 g/t Au over 7.00 meters, including 6.33 g/t Au over
4.10 meters, within 2.33 g/t Au over 12.00 meters.
Drill hole GD-25-354 returned 6.96 g/t Au over 3.43 meters, within 3.95 g/t Au over 6.58 meters from the Bonanza Zone
where multiple VG-NE particles were observed in andesite-hosted quartz veins, associated with semi-massive to massive
sulphides.
Drill hole GD-25-359 intersected 6.38 g/t Au over 3.00 meters, within 5.09 g/t Au over 3.97 meters, from a zone of strong
quartz-sulphide stockwork and breccia with multiple occurrences of VG -NE Success also extended to other targets,
including the Surebet Zone which remains wide open, where.
Drill hole GD-25-350 intersected 5.01 g/t Au over 3.30 meters from a zone of stockwork and breccia containing VG-NE as
well as semi-massive to massive sulphides from the Goldzilla Zone which remains wide open.
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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 gold 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-25-350 Interval 316.00 319.30 3.30 5.01
GD-25-354 Interval 528.57 535.15 6.58 3.95
Including 528.57 532.00 3.43 6.96
GD-25-358
Interval 434.00 439.00 5.00 6.09
Including 435.00 438.00 3.00 10.13
Interval 384.00 396.00 12.00 2.33
Including 385.00 392.00 7.00 3.90
Including 387.90 392.00 4.10 6.33
GD-25-359 Interval 174.00 177.97 3.97 5.09
Including 174.00 177.00 3.00 6.38
GD-25-360 Interval 99.90 111.00 11.10 2.66
Including 106.00 110.00 4.00 6.47
GD-25-365
Interval 483.00 495.00 12.00 5.13
Including 487.02 494.15 7.13 8.45
Including 489.95 493.30 3.35 17.20
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-25-350 NAD83 / UTM zone 9N 6163117 457185 1702 180 77 849
GD-25-354 NAD83 / UTM zone 9N 6162856 457326 1582 185 72 739
GD-25-358 NAD83 / UTM zone 9N 6162734 457228 1481 219 76 651
GD-25-359 NAD83 / UTM zone 9N 6163255 457414 1733 65 47 276
GD-25-360 NAD83 / UTM zone 9N 6162507 457817 1144 120 65 507
GD-25-365 NAD83 / UTM zone 9N 6162958 457041 1604 97 86 702
The 2025 drill campaign has a goal of up to 60,000 meters of systematic drilling with 9 drill rigs. The campaign is aimed at
expanding the full 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 drill plan that consist ed of: testing for the Motherlode
Magmatic intrusive gold source; testing an additional 13 Eocene-aged dykes observed on the surface that had never been