GOT.V · 2025-11-13 12:00:00

Goliath Resources Discloses Observations In Holes From This Years Exploration Campaign On The Surebet Discovery, Golden Triangle, B.C. 2 3 4 5

Exploration Programs

Goliath Resources Discloses Observations In Holes From This Years Exploration Campaign

On The Surebet Discovery, Golden Triangle, B.C.

● 100% of the drill holes completed to date on Surebet have intersected substantial quartz -sulphide

mineralization. VG-NE was observed in 83 drill holes out of 110 (or 76%) completed in 2025.

● 92% of the holes (355 out of 386) drilled to date at the Surebet Discovery 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, returning high metal values showing it has the potential to be an important grassroots high -grade gold

discovery in the Golden Triangle.

Toronto, Ontario – November 13, 2025 – Goliath Resources Limited (TSX -V: GOT) (OTCQB: GOTRF) (FSE: B4IF) ( the

“Company” or “Goliath”) announces assays are still pending on 84 holes from this years exploration campaign of which

66 holes contain visible gold to the naked eye (VG-NE) and the majority have multiple occurrences of VG-NE. 100% of the

drill holes completed to date on Surebet have intersected substantial quartz -sulphide mineralization and 83 of the 110

drill holes (or 76%) from 2025 contain visible gold observed with the naked eye (VG -NE) clearly demonstrating the

discovery potential remaining on the property.

Table 1: Collar information for drill holes reported in this news release.

Hole ID CRS Easting Northing Elevation

(m) Azimuth Dip Length

(m)

Number of VG-

NE occurrences

GD-25-102 NAD83 UTM 9N 457699 6162437 1133 230 65 214 5

GD-25-244 NAD83 UTM 9N 457381 6162945 1623 165 80 745 1

GD-25-254 NAD83 UTM 9N 457256 6162711 1474 110 74 828 2

GD-25-267 NAD83 UTM 9N 457938 6162554 1137 195 60 450 1

GD-25-301 NAD83 UTM 9N 457445 6162773 1513 168 58 702 2

GD-25-303 NAD83 UTM 9N 457364 6162754 1508 157 61 676 5

GD-25-305 NAD83 UTM 9N 457447 6162774 1513 155 54 687 2

GD-25-306 NAD83 UTM 9N 457214 6162332 1220 342 58.5 346 4

GD-25-308 NAD83 UTM 9N 457364 6162756 1509 160 67 705 4

GD-25-310 NAD83 UTM 9N 457214 6162332 1219 28 62 509 1

GD-25-311 NAD83 UTM 9N 457446 6162775 1514 143 65 810 7

GD-25-312 NAD83 UTM 9N 457365 6162756 1509 150 71 681 5

GD-25-315 NAD83 UTM 9N 457218 6162331 1219 63 63 486 1

GD-25-316 NAD83 UTM 9N 456927 6163020 1651 150 76 723 5

GD-25-319 NAD83 UTM 9N 457365 6162754 1505 141 62 629 3

GD-25-322 NAD83 UTM 9N 457214 6162332 1219 250 70 594 2

GD-25-323 NAD83 UTM 9N 456927 6163020 1652 90 80 620 5

GD-25-325 NAD83 UTM 9N 457365 6162755 1509 128 88 669 3

GD-25-326 NAD83 UTM 9N 457236 6162867 1586 23 80 734 2

GD-25-327 NAD83 UTM 9N 457016 6162593 1388 5 65 459 1

GD-25-329 NAD83 UTM 9N 457444 6162778 1515 330 80 685 1

GD-25-330 NAD83 UTM 9N 457326 6162856 1582 206 73 681 1

GD-25-331 NAD83 UTM 9N 457815 6162506 1144 194 83 360 2

GD-25-332 NAD83 UTM 9N 456927 6163020 1653 10 75 708 2

GD-25-333 NAD83 UTM 9N 457365 6162757 1509 127 71 798 4

GD-25-335 NAD83 UTM 9N 457015 6162587 1387 180 60 498 3

GD-25-336 NAD83 UTM 9N 456710 6162961 1639 315 75 606 1

GD-25-339 NAD83 UTM 9N 457236 6162865 1586 120 70 792 3

GD-25-341 NAD83 UTM 9N 456927 6163020 1652 310 75 615 1

GD-25-342 NAD83 UTM 9N 457815 6162511 1146 335.5 70 350 2

GD-25-344 NAD83 UTM 9N 457319 6162857 1585 265 77 705 1

GD-25-348 NAD83 UTM 9N 457413 6163252 1733 115 65 1001 1

GD-25-349 NAD83 UTM 9N 457817 6162512 1145 50 65 756 2

GD-25-351 NAD83 UTM 9N 457235 6162738 1489 170 57 723 4

Hole ID CRS Easting Northing Elevation

(m) Azimuth Dip Length

(m)

Number of VG-

NE occurrences

GD-25-352 NAD83 UTM 9N 457038 6162952 1604 42 76 847 3

GD-25-356 NAD83 UTM 9N 457235 6162865 1586 181 70.5 643 6

GD-25-357 NAD83 UTM 9N 456865 6162628 1451 135 65 525 1

GD-25-361 NAD83 UTM 9N 457191 6163128 1712 160 85 699 2

GD-25-363 NAD83 UTM 9N 457411 6163251 1733 175 68 901 1

GD-25-366 NAD83 UTM 9N 457399 6162901 1606 210.5 69 705 5

GD-25-367 NAD83 UTM 9N 457235 6162864 1585 213 74 651 11

GD-25-368 NAD83 UTM 9N 457485 6163165 1706 250 77 690 2

GD-25-369 NAD83 UTM 9N 457319 6162859 1585 310 85 738 1

GD-25-371 NAD83 UTM 9N 457190 6163130 1712 40 86 681 1

GD-25-374 NAD83 UTM 9N 457040 6162951 1603 99 76 666 2

GD-25-375 NAD83 UTM 9N 457486 6163164 1706 250 85 747 1

GD-25-376 NAD83 UTM 9N 457235 6162864 1585 217 81 640 8

GD-25-377 NAD83 UTM 9N 457231 6162742 1488 295 70 519 5

GD-25-378 NAD83 UTM 9N 457465 6163019 1634 260 85 603 3

GD-25-379 NAD83 UTM 9N 457189 6163129 1712 268 85 614 1

GD-25-380 NAD83 UTM 9N 457037 6162950 1604 183 83 693 2

GD-25-381 NAD83 UTM 9N 457511 6163074 1660 115 65.9 360 1

GD-25-382 NAD83 UTM 9N 457591 6162372 1119 215 45 160 1

GD-25-383 NAD83 UTM 9N 457401 6162902 1607 147 65.5 828 6

GD-25-386 NAD83 UTM 9N 457512 6163073 1660 129 56 459 3

GD-25-389 NAD83 UTM 9N 457849 6162680 1209 170 70 483 1

GD-25-392 NAD83 UTM 9N 457757 6162595 1200 280 55 423 1

GD-25-393 NAD83 UTM 9N 457322 6162859 1585 5 68 702 2

GD-25-395 NAD83 UTM 9N 457402 6162902 1606 105 65 801 1

GD-25-398 NAD83 UTM 9N 457596 6162373 1119 140 50 273 1

GD-25-400 NAD83 UTM 9N 457598 6162374 1119 147 83 309 2

GD-25-401 NAD83 UTM 9N 457881 6162620 1179 210 80 600 1

GD-25-403 NAD83 UTM 9N 457467 6163017 1633 147 83 600 3

GD-25-405 NAD83 UTM 9N 457763 6162595 1200 82 74.5 312 5

GD-25-407 NAD83 UTM 9N 457399 6162904 1608 350 82 395 2

GD-25-410 NAD83 UTM 9N 457976 6162659 1174 22.5 66 216 2

Surebet Discovery Highlights

● Assays are still pending for 8 4 holes from this year’s exploration campaign, of which 6 6 (representing 79% of

the total pending) contain visible gold to the naked eye VG-NE with the majority containing multiple

occurrences (see table above).

● 83 out of 110 holes (or 76%) drilled in 2025 contain VG -NE and 100% of drill holes have intersected substantial

quartz-sulphide mineralization.

● 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). More

details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

● 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).

More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

● The best hole drilled to date from the 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, including two separate intervals consisting of

37.28 g/t Au or 1.20 oz /t Au over 3.36 meters and 36.11 or 1.16 oz/t Au over 3.08 meters. 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). More details on the QA/QC protocol can be found in the section

titled “QA/QC Protocol” below.

● Multiple gently dipping gold-mineralized stacked veins have been identified every year on the Surebet high-

grade gold discovery. Recent discoveries include RIRG Eocene-aged dykes, Goldilocks Zones where the veins and

vertical RIRG dykes crosscut (which are characterized by having high-grade gold in two temperature regimes)

and recently discovered high-grade gold in a third distinct rock package, which increases potential tonnage and

gold content of the high-grade gold system at the Surebet Discovery.

● A total of 12 stacked gently dipping high-grade gold veins extend for 1.2 kilometers at the Surebet discovery, have

been enhanced by four high -grade RIRG Eocene -aged dykes that are up to 25 meters wide and exposed along

strike at surface for up to 1,500 meters have been discovered and modelled to date (see news release dated June

23, 2025).

● The footprint of the mineralization discovered to date at Surebet is 1.8 km2 and remains open in all directions.

● Thanks to the mountainous topography, mineralization in the veins is exposed on the surface for 2.1 km of strike

(1.0 km on the south slope and 1.1 km on the north slope) with a vertical relief of 700 meters.

● A study completed by the Colorado School of Mines confirms a new interpretation of the ore forming process of

high-grade gold mineralization at Surebet and outlines a common magmatic source for the high -grade gold

system, now in three distinct rock package s. Which gives the Surebet untapped discovery potential to increase

tonnage and gold content in the various known rock packages. Until this study, researchers and explorers in the

Golden Triangle had not recognized the high -grade gold discovery potential in the Eocene-aged RIRG dykes (see

news release March 13, 2025), which is showing the potential that these discoveries could be a geological

breakthrough in the Golden Triangle of British Columbia.

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