Goliath Resources Reports Visible Gold at Surebet Golden Gate
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Goliath Resources Reports Visible Gold at Surebet Golden Gate

byThe Assay
3 years ago
Reading Time: 2 mins read
(Credit: Goliath Resources Limited)

(Credit: Goliath Resources Limited)

Goliath Resources (TSXV: GOT | OTCQB: GOTRF | FSE: B4IF) has reported three separate occurrences of visible gold and 12.73m of mineralized quartz-sulphide-rich breccia within the Surebet Golden Gate feeder zone at its 100%-controlled Golddigger property in British Columbia, Canada. The Golddigger property is 100% Goliath-owned, covering an area of 59,089ha and is in the world class Eskay Rift within the Golden Triangle of British Columbia and within 3km of the ‘Red Line’ that is host to multiple world class deposits.

The intercept of 12.73m is interpreted to be the Bonanza Shear that remains open. Eight holes drilled to date within the Surebet Golden Gate feeder zone have encountered visible gold.

Highlights included:

  • Hole GD-22-49 intersected visible gold at 21.30 g/t Au Eq over 7.8m,
    • including 27.55g/t Au Eq over 6.0m
  • Hole GD-22-58 intersected visible gold for 24.80 g/t Au Eq over 11.0m,
    • including 38.70g/t Au Eq over 7.0m and 44.47g/t Au Eq over 6.1m

All occurrences of visible gold have been identified within quartz-breccia and veins in contact with or near sphalerite and/or galena mineralization.

The occurrence of visible gold was independently confirmed in 2022 by the Colorado School of Mines with whom the company is collaborating on a project to determine the origin and evolution of the gold mineralizing fluids at Surebet.

In addition to these results Goliath Resources also reported results from its 2022 drilling campaign.

The Surebet discovery is in in close proximity to the communities of Alice Arm and Kitsault where there is permitted mill site on private property.

For further information, please visit: www.goliathresourcesltd.com

Tags: British ColumbiaCanadaGoldTSXV: GOT
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