Goliath Resources Limited (TSX-V: GOT) (Frankfurt: B4IE) is a precious metals exploration company focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It has options to acquire 100% of four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead covering 43,555 hectares.
All four properties have returned high grade Gold, Silver and/or Copper numbers from exposed bedrock at surface. Three have been recommended for drilling in 2018 and one to bulk sample.
These new discoveries are the result of glacial recession and snowpack melting in geological settings where world class deposits have been found within the Golden Triangle and surrounding area.
Goliath acquired the options from the J2 Syndicate (J2S), a private project generator. The J2S Managing Director forms part of its technical advisors and is its exploration program manager. This group includes members of the original team that generated, prospected and staked the Coffee Creek claims in 1998. They also discovered the gold in soil anomaly in 1999 and 2000 that now forms the nucleus of the Supremo zone. This discovery evolved into a 5 million ounce gold resource that was recently bought by Gold Corp for $520 million. The team also includes some of the original members that staked and generated the Plateau Project in the Yukon for Goldstrike Resources (TSX-V: GSR), which has recently completed a $53M JV deal with Newmont Mining Corporation.
In 2017, the Company purchased a 10% interest in the DSM Syndicate. This private company was formed to pool geological knowledge and expertise relating to certain properties identified in an area of northwestern British Columbia. It staked a total of six properties and is marketing these properties with the intention to option or sell. This would provide Goliath with 10% of all cash and/or shares when any deals are completed.
The 2018 second pass exploration program is fully funded and the 6 properties staked include:
* Money (5,303 hectares);
* Goldstar (3,034 hectares);
* Skyhigh (1,775 hectares);
* Goldcrest (827 hectares); and 2 others to be announced shortly
All the properties contain widespread sulphide mineralization as well as a favourable alteration in outcrop, sub-crop and float.
The properties will be made available for option or purchase to qualified parties. For further information including photos and maps, interested parties may contact Dan Stuart, by e-mail (email@example.com) or by phone at +1-778-233-0293.
Link to their web page: http://dsmsyndicate.ca