Goliath Resources Limited has announced the discovery of six new visible gold occurrences in a 96.5-meter mineralized interval from drill hole GD-25-302 at the Bonanza Zone of its Golddigger Property. The discovery represents a significant development in the company's exploration efforts in British Columbia's Golden Triangle region. This mineralized interval is part of an ongoing drill program targeting a deep magnetic anomaly believed to be connected to a theorized Motherlode source, with the drill hole expected to reach a depth of 1,000 meters.
The mineralization encountered in this discovery closely resembles the company's highest-grade intercept to date, substantially extending the gold-rich system that Goliath has been developing. This similarity to previous high-grade findings suggests continuity and potential for significant gold resources within the property. The discovery provides strong evidence supporting the company's geological theories about the area's mineralization patterns and the existence of a substantial gold system.
In response to these promising findings and ongoing discoveries, Goliath has made the strategic decision to expand its fully funded 2025 drill program from 40,000 to 60,000 meters. This 50% increase in drilling activity represents a substantial commitment to further exploration and demonstrates the company's confidence in the property's potential. The expanded program aims to comprehensively unlock the full extent of the Surebet system while simultaneously exploring its Reduced Intrusion Related Gold potential.
The Golddigger Property's recent discoveries underscore the site's promising prospects for gold extraction and represent a meaningful advancement in Goliath's exploration strategy. The company's portfolio relationship with McEwen Mining Inc. provides additional stability and resources for these expanded exploration activities. For more details on the press release, visit https://ibn.fm/o5dds.
This expansion of drilling activities comes at a time when gold exploration in established mining districts like the Golden Triangle is becoming increasingly important for meeting global gold demand. The systematic approach to exploring both the Surebet system and Reduced Intrusion Related Gold potential demonstrates Goliath's comprehensive strategy for maximizing the property's value. The continued success in identifying visible gold occurrences strengthens the geological model for the area and supports further investment in exploration activities.
