We’re back in the Golden Triangle – but this time, we’re not chasing silver. In this episode of “DD on the Go,” we delve into one of British Columbia’s most hyped exploration plays: Goliath Resources and their Golddigger property. With 100% of drilling intersecting mineralization and 94% showing visible gold in 2024, this discovery is making waves in the junior mining sector.
The Surebet discovery, which began with channel sampling in 2020, quickly evolved into one of Canada’s most exciting new finds. Backed by over 92,000 meters of drilling across 294 holes, Goliath’s results show bonanza-grade gold occurrences over significant widths, including multiple vertically stacked veins within a 1.8 km² mineralized area. While no formal resource has yet been established, some analysts estimate the gold endowment at 4-6 million ounces, potentially even more.
The pace of Goliath’s work is remarkable. With exploration expenditures of $64 million in just 16 months of drilling time (seasonal), they are outpacing competitors like Great Bear and New Found Gold. And the site advantage is not to be overlooked: by utilizing the semi-abandoned town of Kitsault as a base camp, they have established one of the most comfortable and cost-efficient setups in the industry, complete with tidal water access and potential for gravity-fed ore extraction.
With high insider ownership, significant institutional backing (including Crescat Capital and Rob McEwen), and over $27 million just raised, Goliath is positioning itself as a serious contender in gold exploration. Could this be the next big M&A target? Stay tuned to find out why analysts, insiders, and serious investors are watching this development.
TIMESTAMPS
0:00 – Welcome to the Golden Triangle: This Time, Gold
1:57 – The Surebet Discovery: Goliath’s Big Gold Find
3:06 – 100% Hit Rate and High-Grade Intercepts
6:38 – Comparing Goliath to Great Bear and New Found Gold
10:30 – Unique Mineralization and Eocene Rocks Explained
12:20 – Kitsault: The Secret Strategic Advantage
15:00 – 2025 Drill Program and the Broader Strategy
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