Goliath Resources Confirms Bonanza & Golden Gate Expansion With 8.09 g/t AuEq Over 16m
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Home News Drilling Results

Goliath Resources Confirms Bonanza & Golden Gate Expansion With 8.09 g/t AuEq Over 16m

byInvestor Engagement
1 month ago
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Goliath Resources’ (TSXV: GOT) 2026 drilling continues to deliver high-grade gold intercepts, expanding the footprint of its Surebet discovery in the Golden Triangle, B.C., with assays confirming strong mineralisation and zones remaining open.

  • Assay results from the 2026 drill program confirm expansion of the Bonanza and Golden Gate Zones, which remain open in multiple directions.
  • Drill hole GD-26-417 expanded the zones by 540 meters southwest, with potential up to 750 meters pending further assays.
  • Drill hole GD-26-418 expanded the Bonanza Zone 100 meters north, with assays showing 8.09 g/t AuEq over 16m, including very high-grade intercepts (up to 74.67 g/t AuEq over 1.10m) with visible gold.
  • Drill hole GD-26-425 expanded the Bonanza Zone 100 meters west, with assays of 1.11 g/t Au over 17.20m, including higher-grade intervals.
  • A newly discovered mineralised zone was intersected, extending 58m grading 0.52 g/t Au, adding further potential between Bonanza & Golden Gate.
  • Overall, visible gold (VG-NE) was identified in 20 of 35 holes drilled so far in 2026, confirming consistency of mineralisation.
  • The 2026 drill program is fully funded, targeting 50,000 meters with 7 rigs, aiming to expand mineralisation laterally and at depth.

Roger Rosmus, founder and CEO of Goliath Resources, commented, “Our 2026 drilling program is off to a fantastic start with the initial assay results that continue to confirm a wide open high-grade gold system with exceptional continuity and predictability. As can be seen in the 750 meter step-out hole (an aggressive step out in a high-grade gold system) that tagged the system where our team predicted it would be located, which is no small feat. One of the key goals of our 2026 drilling season is stepping out to expand the known zones, and we are delighted with how we are meeting that goal. What makes Surebet unique is the widespread VG-NE in the vast majority of our drill holes, and that the high-grade gold is found in 3 distinct rock packages that suggests a long-lived and powerful gold mineralizing system. In addition, the stacked lodes/veins are all very close to each other with the vertical dykes cutting through them making for an attractive potential mining scenario. Our drilling team, geology team and support staff are elite as year after year they continue to do a tremendous job of drilling in mountainous terrain. We are all excited about the high-grade gold system remains wide open in the mountainous part and as we get some holes very close to the valley floor. With all the drilling and pending assays, we should have excellent news flow from now until the end of 2026 that will likely spill over into 2027. Surebet continues the trend of getting bigger and bigger with every drill program, and also rewards us with pleasant surprises along the way, and is delivering on this trend again during our 2026 drilling program”

To learn more about this, please visit https://goliathresourcesltd.com/
For more articles like this, please visit https://www.theassay.com/

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Tags: TSXV: GOT
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