Goliath Resources (WKN A2P063 / TSXV GOT) has completed its 2025 drilling program at the Surebet discovery, part of the Golddigger Project (Golden Triangle, BC), with more than 64,000 meters drilled in 110 holes. This significantly exceeded the original plan, which was “only” 40,000 meters. As Founder and CEO Roger Rosmus emphasized today, all of the drill holes evaluated to date have encountered significant quartz-sulfide mineralization without exception – and in 76% of the holes logged in 2025, gold (VG-NE) visible to the naked eye was observed! Laboratory results are still pending for 88 of the drill holes completed this season, so a steady flow of news can be expected for quite some time.
The drilling campaign aimed to expand the geometry of the system laterally and downhole – and has already been successful: In addition to the gently dipping, stacked quartz-sulfide breccia/stockwork veins, the drill results confirmed high-grade gold mineralization in Eocene-aged, intermediate to felsic RIRG veins and in wide zones of calcium silicate altered breccias. This reinforces the picture of a large-scale, multi-phase mineralization event, the source of which is interpreted as a deep-seated “motherlode” causative intrusion. A total of twelve superimposed veins have now been modeled; several RIRG veins reach up to 25 meters in thickness and can be traced on the surface for up to 1,500 meters. The known mineralization extends over 1.8 km², remains open in all directions, and is exposed topographically along 2.1 kilometers of strike length with 700 meters of vertical relief. Since its initial discovery, more than 150,000 meters of drilling have been completed here.
Goliath Already Provides Key Gold Processing Metrics
From a project development perspective, two points stand out: First, the remarkable hit rate of visual gold observations in 2025 – a basis on which the team is refining the vein system in detail in 3D and further contouring high-grade domains. Second, the academic support: The Colorado School of Mines is conducting in-depth geoscientific studies based on the drill cores from 2025, which, in combination with the upcoming analyses, will underpin the planning of the 2026 drilling season.
Key reliable processing metrics are already available. Metallurgical test work shows a gold recovery of 92.2% from gravity and flotation at 327 µm crushing; 48.8% of the gold can be recovered by gravity alone. There are no indications of harmful elements in the rock – a plus point for potentially robust flowsheets without cyanide in the gravity circuit.
The regional option provides additional momentum: Goliath has expanded the land package to 91,518 hectares and now controls 56 kilometers of the “Red Line” trend, along which many significant deposits in the Golden Triangle are located. The project also benefits from locational advantages, including proximity to the coast with inland waterways to Prince Rupert and existing infrastructure around Kitsault.
Leverage to Juggernaut Resources’ Big one Project
Outside of Surebet, Goliath’s subsidiary David Resources a 10p% owned private company has leverage on the Big One project: David Resources holds a 4% stake in the private B-ALL syndicate, which has optioned the property to Juggernaut Exploration (WKN A4133H). More than 500 polymetallic, gold-rich veins with surface outcrops over >1 kilometer have been identified at Big One, and spot samples from the Gold Dome Zone have returned up to 256.60 g/t gold. Juggernaut has applied for a drilling permit and is preparing an initial drilling program – a potential catalyst for the regional thesis of a new district-scale system.
Voices from within the company underscore the momentum. Dr. Quinton Hennigh, Technical Advisor to Crescat Capital, sees the aggressive approach as justified by the results available to date; the team has encountered mineralization in “virtually every drill hole” in recent months, often with visible gold. CEO Roger Rosmus points to the widespread distribution of visible gold occurrences in three rock packages and announces that the 3D models – stacked flat-dipping veins, vertical RIRG passages, and the newly defined breccia formation – will be successively updated with the incoming assay data. Once the data from 2025 is complete, the 2026 drilling program will be designed on this basis.
The bottom line is that Surebet is not only growing in size, but also in the diversity of its high-grade zones – a combination of geological scale, grade continuity, and positive metallurgy that is equally relevant from a project development and potential economics perspective. The large number of analyses still pending, combined with ongoing modeling and regional exploration levers, sets the stage for the coming months, in our view.
