Goliath Resources Selected for PDAC 2024 Core Shack, Session A (Sunday, March 3rd – Monday, March 4th) Booth # 3104
Goliath Resources Selected for PDAC 2024 Core Shack,
Session A (Sunday, March 3rd – Monday, March 4th) Booth # 3104
Toronto, Ontario – February 21, 2024 – Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF)
(the “Company” or “Goliath”) is pleased to announce it has been selected by the PDAC 202 4 technical
committee to display its core. PDAC’s Core Shack provides a unique venue at the world’s premier mining
convention to display core from new or ongoing projects that are generating exciting drill results. The latest
discoveries from around the world are featured along with maps, charts and technical information.
Goliath is focused on further expanding its new high-grade gold Surebet Discovery at its 100% controlled
Golddigger Property located in the Golden Triangle, British Columbia. The Company has drilled over 65,000
meters of diamond drilling 2021-2023. Goliath has demonstrated the new Surebet Discovery is an extensive
structurally controlled mineralized system over a 1.8 sqkm area (>336 NFL fields). To put this significant
mineralized zone into size and scale, during PDAC 2024, look at the CN Tower in Toronto and more than triple
that for Surebet’s length and width. This new discovery has exceptional continuity and gold recoveries of
92.2% using gravity and flotation only at a 327 micron crush (no deleterious elements and no cyanide required
to recover the gold).
To learn more about Goliath’s exciting new Surebet discovery, we would like to cordially invite you to visit us
at the PDAC Core Shack, Session A, Booth # 3104 in the Investors Exchange, Level 800, at the Metro Toronto
Convention Centre, South Building on Sunday, March 3rd – Monday, March 4th; the Company will be exhibiting
both days from 10:00 am - 5:00 pm.
About Goliath Resources Limited
Goliath Resources Limited is an explorer of precious metals in the prolific Golden Triangle of northwestern
British Columbia and Abitibi Greenstone Belt of Quebec. All its projects are in world class geological settings
and geopolitical safe jurisdictions amenable to mining in Canada. The new high-grade gold Surebet discovery
at its 100% controlled Golddigger Property located in the Golden Triangle, British Columbia is its flagship
project.
About PDAC 2024
PDAC 2024: The World’s Premier Mineral Exploration & Mining Convention is the leading event for people,
companies and organizations connected to mineral exploration. This annual convention in Toronto, Canada
is known for attracting up to 30,000 attendees from over 130+ countries for its educational programming,
networking events and outstanding business opportunities.
Since it began in 1932, the PDAC Convention has grown in size, stature and influence. Today, it is the event
of choice for the world’s mineral industry hosting more than 1,100 exhibitors and 700 speakers. Visit
PDAC’s website for registration/ticketing information.
Qualified Person
Rein Turna P . Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resource
Limited projects, and supervised the preparation of, and has reviewed and approved, the technical
information in this release.
For more information please contact:
Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1-416-488-2887
www.goliathresourcesltd.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or
accuracy of this release.
* Widths are reported in drill core lengths and the true widths are estimated to be 80 -90% and AuEq metal
values are calculated using: AuEq metal values are calculated using: Au 1924.79 USD/oz, Ag 22.76 USD/oz, Cu
3.75 USD/lbs, Pb 2128.75 USD/ton and Zn 2468 .50 USD/ton on December 23, 2023. There is potential for
economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and
exploration projects in the same Golden Triangle Mining Camp where Goliath’s project is located such as the
Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and
Preliminary Economic Assessment on the Homestake Ridge Gold Project, prepared by Minefill Services Inc.
Bothell, Washington, dated May 29, 2020). Here, AuEq values were calculated using 3-year running averages
for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and
transportation. Recoveries for Gold were 85.5%, Silver at 74.6%, Copper at 74.6% and Lead at 45.3%. It will
be assumed that Zinc can be recovered with the Copper at the same recovery rate of 74.6%. The quoted
reference of metallurgical recoveries is not from Goliath’s Golddigger Project, Surebet Zone mineralization,
and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such
as in a Feasibility Study can be eventually completed on the Golddigger Project.
Certain statements contained in this press release constitute forward-looking information. These statements
relate to future events or future performance. The use of any of the words "could", "intend", "expect",
"believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are
not historical facts are intended to identify forward -looking information and are based on Goliath’s current
belief or assumptions as to the outcome and timing of such future events. Actua l future results may differ
materially. In particular, this release contains forward -looking information relating to, among other things,
the ability of Company to complete the financings and its ability to build value for its shareholders as it
develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or
making the forecasts or projections set out in forward -looking information. Those assumptions and factors
are based on information currently available to G oliath. Although such statements are based on
management's reasonable assumptions, there can be no assurance that the proposed transactions will occur,
or that if the proposed transactions do occur, will be completed on the terms described above.
The forward-looking information contained in this release is made as of the date hereof and Goliath is not
obligated to update or revise any forward-looking information, whether as a result of new information, future
events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and
assumptions contained herein, investors should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking information contained herein.
This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase
any securities and neither this announcement nor anything contained in it shall form the basis of any contract
or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an
offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.
The securities referred to herein have not been and will not be will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be
offered or sold within the United Sta tes or to or for the account or benefit of a U.S. person (as defined in
Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is available.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.