{kanada_flagge}Goliath Resources (WKN TSXV GOT / WKN A2P063) is aggressively advancing the 2023 drill program at the Golddigger property. Again and again, visible gold is observed in the drill cores recovered.
{kanada_flagge}Goliath Resources (WKN TSXV GOT / WKN A2P063) is aggressively advancing the 2023 drill program at the Golddigger property. Again and again, visible gold is observed in the drill cores recovered.
Why this is significant? Well, Goliath had discovered visible gold in 2022 in drill hole GD-22-58, among others. Laboratory analysis for that hole then later returned 24.80 g/t gold equivalent, consisting of 22.03 g/t gold and 127.62 g/t silver over 11.00 meters. And CEO Roger Rosmus’ company back then had also encountered visible gold in hole GD-22-49. Here, 21.30 g/t gold equivalent or 20.46 g/t gold and 40.06 g/t silver over 7.77 meters were encountered!
Of course, despite the six drill holes from the Golden Gate Feeder Zone that have shown visible gold so far, there is no guarantee that Goliath will ultimately produce similarly spectacular gold grades this year. However, the repeated occurrence of visible gold could at least be a strong indication of this.
Especially since the drill hole reported by Goliath recently contained a gold nugget 1 mm in size. GD-23-133, the company added, encountered 12.47 meters of strongly mineralized, quartz-sulfide-rich breccias that included galena (up to 10%), sphalerite (up to 15%) and pyrrhotite (up to 20%) between 27.4 and 39.87 meters of depth. A second mineralized, quartz sulfide-rich breccia section was recognized between 70.73 and 71.9 meters. This is hosted in altered intermediate volcanic rocks and contains pyrrhotite (up to 5%), galena (up to 5%), sphalerite (up to 3%) and pyrite (up to 1%). The 1 mm gold nugget was also discovered in this section at a depth of 71.42 meters.
To date, Goliath continues, any occurrence of visible gold has been observed in quartz breccias and veins in contact with or in close proximity to sphalerite and/or galena mineralization. In addition, as early as 2022, the Colorado School of Mines had confirmed the occurrence of visible gold at Surebet. It is conducting research with Goliath to determine the origin and evolution of the gold mineralization-bearing fluids at Surebet.
Conclusion: Once again, we believe that Goliath’s drill program this year should be able to significantly expand and complement the Surebet discovery. The fact that visible gold is repeatedly observed, especially in the Golden Gate Feeder Zone, also suggests that laboratory assays could once again prove high gold and silver grades, although there is of course no guarantee of this. We will report further!
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