About Us


Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) is a junior resource exploration company of precious metals in the prolific Golden Triangle of British Columbia and Abitibi Greenstone Belt of Quebec.

Both BC properties have returned widespread mineralization of high-grade Gold, Silver and/or Copper numbers from exposed bedrock in situ at surface. These new discoveries are the result of glacial recession and snowpack melting. They are located in world-class geological settings and geopolitical mining friendly jurisdiction where world class deposits have been found within the Golden Triangle and surrounding area.

The newly discovered Surebet Zone an extensive new high-grade gold-silver shear zone that remains open on its 100% controlled Golddigger property located just southeast of Stewart, British Columbia. It is a very robust and structurally controlled high-grade gold-silver shear zone with superior continuity and predictability hosted within the Hazelton Sediments. It has 2.1 kilometers of exposed mineralization at surface (1 kilometer of mineralization along strike and 1.1 kilometer of mineralized downdip extent) and 700 meters of vertical relief.

The Company completed a successful maiden diamond drill campaign in 2021 comprised of 5,333 meters and a follow up campaign in 2022 comprised of 26,300 meters for a total of 110 holes.  The Surebet Zone being the main horizon has been confirmed over a 1.6 square kilometer area that has an average width of 6.88 meters and average grade of 6.31 g/t AuEq (4.45 g/t Au & 110 g/t Ag); it remains open.

Process Mineralogical Consulting Ltd. (PMC) was engaged for initial metallurgical study that returned exceptional recoveries of 92.1% Gold; inclusive of 48.8% free gold from gravity and balance in a Pb-Zn concentrate from flotation. This was all achieved with a grinding mesh of 327 microns and there are no deleterious elements.

Goliath worked closely with independent advisors and consultants including Dr. Quinton Hennigh, Dr. Simon Dominy, Colorado School of Mines and SRK Consulting (Canada) Inc. in the early planning and designing of the 2022 diamond drill program focussed on infill drilling pierce points that could be used for a future maiden inferred resource estimate within a 1.6 square kilometer mineralized area of the Surebet Zone.

89 of the 92 widely spaced drill holes assayed from the 2022 drill program from within the 1.6 square kilometer area on Surebet Zone intersected broad high-grade intervals of high-grade gold-silver mineralization demonstrating the continuity of this newly discovered large gold system that remains open. A number of holes had visible gold.

2022 Drilling Campaign Highlights:

  • Hole GD-22-58 collared from South Cliff Stepout Pad had visible gold and intercepted 24.80 gpt AuEq (22.03 gpt Au and 127.62 gpt Ag) over 11.00 meters, including 38.70 gpt AuEq (34.42 gpt Au and 197.45 gpt Ag) over 7.00 meters and 44.47 gpt AuEq (39.60 gpt Au and 224.10 gpt Ag) over 6.07 meters – 273 gram(AuEq) x meters.
  • Drill hole GD-21-03 collared from Cliff Pad intersected 6.37 gpt AuEq (4.46 gpt Au and 122.13 gpt Ag) over 35.72 meters, including 31.88 gpt AuEq (24.97 gpt Au and 458.1 gpt Ag) over 4.52 meters (reported in NR August 30, 2021) – 228 gram(AuEq) x meters.
  • Hole GD-22-49 collared from Pad A had visible gold and intersected 21.30 gpt AuEq (20.46 gpt Au and 40.06 gpt Ag) over 7.77 meters, including 27.55 gpt AuEq (26.47 gpt Au and 51.551 gpt Ag) over 6.00 meters – 166 gram(AuEq) x meters.
  • Hole GD-22-100 collared from Pad 13 intersected 13.53 gpt AuEq (12.10 gpt Au and 54.13 gpt Ag) over 11.00 meters, including 24.56 gpt AuEq (21.98 gpt Au and 97.94 gpt Ag) over 6.00 meters – 149 gram(AuEq) x meters.
  • SHole GD-22-48 collared from North Rubble intersected 12.61 gpt AuEq (6.98 gpt Au and 441.59 gpt Ag) over 11.00 meters, including 15.37 gpt AuEq (8.42 gpt Au and 537.57 Ag) over 9.00 meters – 139 gram(AuEq) x meters.
  • Additional gold-mineralized intervals above and below the main Surebet Zone include 13.12 gpt AuEq (11.70 gpt Au and 54.60 gpt Ag) over 1 meter and 8.23 gpt AuEq (7.52 gpt Au and 59.50 gpt Ag) over 1 meter*.

    2021 Maiden Drilling Campaign & Exploration Highlights:

    • 100% of all 24 holes drilled during the 2021 maiden campaign totalling 5332 meters intersected significant high-grade gold-silver mineralization over 1 km of strike and 1.1 km of down dip extent.
    • This successful maiden drill campaign confirms the continuity and extensive scale of a high-grade gold-silver polymetallic system that remains open.
    • GD-21-03 intersected 6.37 gpt AuEq (4.46 gpt Au and 122.13 gpt Ag) over 35.72 meters*.
    • GD-21-05 intersected 12.6 gpt AuEq (8.06 gpt Au and 313.66 gpt Ag) over 6.38 meters*.
    • The average grade and width from the best hole from each 7 widely spaced drill pads assayed 9.42 gpt AuEq (6.66 gpt Au and 172.66 gpt Ag) over 6.43 meters*.
    • The average grade and width from all 24 holes assayed 6.29 gpt AuEq (4.35 gpt Au and 104.94 gpt Ag) over 5.87 meters*.
    • A newly discovered “Extension Target” of widespread high-grade gold-silver polymetallic mineralization outcrop was found 500 meters southeast of the Surebet Zone that is 1200 meters by 400 meters.
    • The Extension Target samples are mineralogically, geochemically and texturally similar to the surface and in drill core seen on the Surebet Zone; grabs assayed up to 75.04 gpt AuEq and a channel cut assayed 14.76 gpt AuEq over 0.58 meters.

    Responsible Mineral Development

    Goliath Resources Limited is committed to working shoulder to shoulder with its stakeholders to achieve responsible development of its projects, and to contribute to the sustainable development of the communities in which we work. Our work programs are all carefully planned to achieve high levels of environmental and social performance.

    *  The stated mineralized lengths in meters are downhole core lengths and may not be true widths. AuEq metal values are calculated using: Au 1792.60 USD/oz, Ag 23.13 USD/oz, Cu 4.37 USD/lbs, Pb 1.05 USD/lbs and Zn 1.52 USD/lbs on November 28, 2021. 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.