Goliath Resources Strikes Gold in British Columbia

Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) has just released remarkable assay results from its Golddigger Project in the Golden Triangle of British Columbia. The company's shares surged following the announcement, reflecting investors' enthusiasm for the high-grade gold-silver mineralization found in multiple drill holes.

The Golddigger Project, located in the world-class geological setting of the Eskay Rift, has yielded exceptional metallurgy with gold recoveries of 92.2% and no deleterious elements or cyanide required for gold recovery. The project's proximity to the communities of Alice Arm and Kitsault, as well as its permitted mill site on private property and direct barge access to Prince Rupert, further enhances its attractiveness.

Goliath's recent drill program has significantly expanded the known mineral resource at the Golddigger Project. The Surebet Zone, hosted in the Hazelton Sediments, has seen its average grade increase by 43% to 9.04 gpt AuEq and its volume increase by 24% to 6,800,000 m³. The Bonanza Shear, hosted between the Hazelton Sediments-Volcanics, has seen its average grade increase by 200% to 8.14 gpt AuEq and its volume increase by 15% to >15,000,000 m³. The Golden Gate Zone, hosted within the Hazelton Volcanics, has an average grade of 3.94 gpt AuEq and a calculated potential volume of >1,100,000 m³.

The high-grade gold-silver mineralization found in multiple drill holes at the Golddigger Project has the potential to significantly enhance the project's overall value. The presence of high-grade zones indicates a robust and extensive mineralizing system, increasing the likelihood of discovering additional high-grade zones in the future. This, in turn, can lead to lower operating costs per ounce of gold produced, enhancing the project's economic viability and attractiveness to investors.

Goliath Resources' commitment to exploration and collaboration with domain experts, such as Dr. Quinton Hennigh and Dr. Thomas Monecke from the Colorado School of Mines, has been instrumental in the project's success. The company's strategic shareholders, including Crescat Capital, Mr. Eric Sprott, and Mr. Rob McEwen, have also played a crucial role in supporting the project's development.

In conclusion, Goliath Resources' remarkable assay results from the Golddigger Project in British Columbia have the potential to significantly enhance the project's overall value and attractiveness to investors. The high-grade gold-silver mineralization found in multiple drill holes, combined with the project's exceptional metallurgy and strategic location, makes it an exciting investment opportunity in the junior resource exploration sector. As the company continues to explore and develop the Golddigger Project, investors can expect more positive news and potential upside in the coming months.