November 04, 2025

Goliath Resources – Next Batch Of Multiple High-Grade Gold Assays With Intervals Up To 10.72 g/t Au Over 7.83 Meters At The Surebet Discovery

12 minutes

Roger Rosmus, Founder, CEO, & Director of Goliath Resources (TSX.V: GOT) (OTCQB: GOTRF), joined me to review the next batch of high-grade drill assay results from its 64,000 meter 9-rig 2025 drill program; as outlined in the news released on October 27th, 2025. Headline drill hole # GD-25-372 intersected 10.72 g/t Au over 7.83 meters, including 20.37 g/t Au over 4.10 meters at the Surebet Discovery on its 100% controlled Golddigger Property, located in the Golden Triangle, British Columbia.

100% of the drill holes completed to date into Surebet have intersected substantial quartz-sulphide mineralization, highlighting the effectiveness of the geological model that the team incorporated coming into this year’s exploration program. Approximately 76%, or 83 of the 110 drill holes from 2025, contain gold visible to the naked eye (VG-NE); clearly demonstrating the discovery potential remaining on the property. The intercepts reported in the are approximately true width and reflect gold only assays (AuEq values will be adjusted accordingly once Ag, Cu, Pb and Zn are received). Assays are still pending for 84 holes from this years drilling, of which 66 representing 79% contain VG-NE.

Roger provides more detail on the drill density and continuity of the high-grade zone that is coming into focus in the Bonanza Shear Zone, where the sediment rock packages contact the volcanic rock packages, and the better overall geological understanding that is emerging at the Surebet discovery. There are now gold results coming in from three distinct rock packages (quartz-sulphide breccias/stockwork, RIRG Eocene-aged dykes, and calc-silicate altered breccia) showing the untapped discovery potential at this remarkable high-grade gold system that remains open in this mineralized system.

Next we reviewed the news released on October 23, 2025 which announced the Company has closed its previously announced "bought deal" private placement offering for aggregate gross proceeds of approximately C$26.3 million with no warrants at a higher share price than where things are trading at present. The Offering was comprised of the issue and sale of: (i) 1,977,157 common shares at a price of C$4.20 per National Flow-Through Share for gross proceeds of approximately C$8.3 million; and (ii) 4,054,054 common shares of the Company at a price of C$4.44 per BC Flow-Through Share for gross proceeds of approximately C$18 million. This has the company in a strong financial position and fully-funded for its 2026 exploration program

Assays are still pending for 84 holes from this years drilling, of which 66 representing 79% contain VG-NE, so there will be a flood of assays that continue to come in from this year’s exploration season for several more months into the future; without a financing overhang.

If you have any questions for Roger about Goliath Resources, then please email me at [email protected].

In full disclosure, Shad is a shareholder of Goliath Resources at the time of this recording and may choose to buy or sell shares at any time.

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