Goliath Resources Limited (TSXV: GOT) has mobilized for an aggressive 2023 exploration and drilling campaign and is planning on 18,000m of diamond drilling including a maiden drill programme on its newly discovered Goldswarm Zone at its wholly-owned Golddigger Project in British Columbia.
Goliath is planning on drilling 18,000m totaling 70 holes from 21 separate drill pads. The campaign will be focused on higher-grade zones and expanding the footprint of the newly discovered Surebet Zone/Bonanza Shear to the east-southeast-northeast.
Inclusive of this years campaign, there is a maiden drill programme planned at its newly discovered Goldswarm Zone four km along strike to the north of Surebet Zone having similar mineralization and structures exposed at surface where channel cuts assayed up to 29.70g/t Au over 0.55m, 25.1g/t Au over 0.40m and grabs up to 54.3g/t Au providing additional upside potential of a new drill discovery in 2023.
The maiden drill campaign in 2021 at the Golddigger Property and follow up drilling programme in 2022 is a total of 31,652m to date. Drilling to date has a 97% success hit rate as 86 holes of 92 totaling intercepted significant widths of high-grade gold-silver over a 1.6sq, km area at Surebet. This area has one km of mineralized strike exposed at surface and 1.1km of mineralized down-dip extent exposed at surface with 700m of vertical relief.
“After many months of extensive and detailed planning in the off season, we are very pleased to have mobilized for another aggressive drill campaign this year at our high-grade gold-silver Golddigger Property,” CEO, Roger Rosmus, said.
“The newly discovered Surebet Zone has demonstrated to be a very robust system that is structurally controlled with exceptional continuity and associated with the expansive Bonanza Shear that remains open. We have identified several new strong drill targets focussed on where we believe are higher-grade zones as well as significantly expanding the footprint size of this system that remains open.
“This years drilling will also include a Maiden Drill programme at our newly discovered Goldswarm Zone that is on strike with the Surebet discovery four km to the north that could potentially deliver another material drill discovery in 2023. It has similar geology and high-grade mineralized structures exposed at surface we see at Surebet.
“This years exploration campaign also includes developing new high-grade drill targets for 2024 with a focus on many newly seen outcrops popping up at surface within the icefields located in the northern region of our significantly expanded property area. These could provide for additional upside discovery potential in the years to come.
“The Golddigger Property is in a geo-political safe mining jurisdiction and key geologic setting where many world-class deposits have been discovered. We look forward to reporting our 2023 exploration and drilling results as they are received, compiled, and interpreted.”
The Golddigger Property is wholly-owned, covering an area of 59,089 hectares (146,012 acres) and is in the world class geological setting of the Eskay Rift within the Golden Triangle of British Columbia and within three km of the ‘Red Line’ that is host to multiple world class deposits.
For further information please visit: https://goliathresourcesltd.com/
