February 20, 2025

Goliath Resources – High-Grade Gold Assays Returned From The Intrusive Source At Depth And Multiple New Stacked Veins Identified At The Surebet Discovery

18 minutes

Roger Rosmus, Founder, CEO, & Director of Goliath Resources (TSX.V: GOT) (OTCQB: GOTRF), joins me to review the latest 2 batches of more high-grade gold assay results returned from both the reduced intrusion mineralization and multiple new stacked veins at the Surebet and Bonanza Zones at the Surebet Discovery in the Golden Triangle of British Columbia.

We start off recapping just how much newsflow the Company has put out just since we talked last, about a month ago; along with how the stock’s shareprice has seen a corresponding move higher to reflect all these key developments. Roger notes the market waking up on the 1,300 gram per tonne hole #GD-24-260, but then starting to recognize the pattern of repeated high-grades intercepts over minable widths starting to demonstrate the continuity of the Surebet Discovery area. He also highlighted the strategic investment by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) into Goliath Resources, where both companies now have some shares and exposure in the respective companies.

On February 10th it was announced that strong gold mineralization assaying 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters, including 19.91 g/t AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters plus a second separate interval assaying 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters, including 14.26 g/t AuEq (13.87 g/t Au and 34.10 g/t Ag) over 3.00 meters was confirmed in an intrusion related feeder dyke that remains open, strongly indicating close proximity to a large gold-rich intrusive source at depth (Reduced Intrusion Related Gold system, RIRG).

Then news on February 18th announced multiple intercepts of stacked layers containing high-grade gold mineralization assaying up to 10.91 g/t AuEq (10.53 g/t Au and 22.83 g/t Ag) over 10.00 meters, including 15.51 g/t AuEq (14.99 g/t Au and 31.10 g/t Ag) over 7.00 meters have been confirmed in the Surebet Zone, Bonanza Zone as well as in two new stacked gold-mineralized veins, further demonstrating the consistent high grades and widths of the gold-mineralized layers vertically stacked over 1.2 km and over an area measuring 1.8 km2 at the Surebet Discovery that remains wide open.

Strong mineralization confirmed in 100% of 243 widespread drill holes containing 300 intercepts to date within 1.8 km2 area where 8 stacked gold veins as well as 7 new stacked gold veins have been identified and confirmed by assays to date. Confirmation of multiple stacked gold veins and widespread gold rich reduced intrusion feeder dykes within the 1.8 km2 area up to >1.2 km deep that remain open both laterally and to depth, confirms the continuity of the widths and grades at Surebet demonstrating this world-class gold system has tremendous additional untapped expansion potential remaining. Assays compilation, interpretation and modeling are underway for an additional 77 holes that will be announced shortly.

If you have any questions for Roger about Goliath Resources, then please email me at [email protected] and then we’ll get those answered or covered in a future interviews.

In full disclosure, Shad is a shareholder of Goliath Resources at the time of this recording.

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