Roger Rosmus, Founder, CEO, and Director of Goliath Resources (TSX.V: GOT) (OTCQB: GOTRF), joins me to discuss the July 7th news release announcing the relogging of drill hole GD-24-280. It returned 8.31 g/t gold (Au) over 23.00 meters, including 15.69 g/t Au over 11 meters, including 37.45 g/t Au or 1.20 oz/t over 4 meters in a third rock package within the high-grade Bonanza and Surebet Discovery Gold Zone on the Golddigger Property in British Columbia’s Golden Triangle. This leads to a more in-depth discussion on previous news releases covering the 75-hole relogging program, and then the initial visual results from the ongoing 60,000-meter new drilling, the largest exploration program to date.
The increased focus of this year’s exploration on relogging these holes is due to the newly discovered widespread and visible-to-the-naked-eye amount of visible gold in multiple RIRG (Reduced Intrusion Related Gold) veins, as well as in the calc-silicate altered breccia. This means gold is now present in three different rock packages on the Property. Roger describes the June 23rd news release as a roadmap for the expected results from previously anticipated interesting drill holes, highlighting a number of holes with pending results. This initiative to relog cores drilled between 2021 and 2024 significantly expands the area of high gold potential and increases the number of holes that have now intersected “visible gold” to 94%.
We then moved on to the larger 60,000-meter drill program currently underway, which is still in its early stages. However, Roger highlights the July 2nd news release, where drill hole GD-25-302 intersected six visible gold occurrences within a 96.50-meter mineralized interval between 89.50 and 186.00 meters depth in sulfide-rich calc-silicate veins in altered andesite with dense veining. This drill hole is still in progress and is the first deep hole at Surebet. It is planned to reach a depth of 1,000 meters to test the area believed to have significant potential for the magmatic motherlode source responsible for the 1.8 km² area of high-grade gold mineralization that remains wide open at the Surebet Discovery. Results for drill hole GD-25-302 are still pending.
Numerous assay results will be coming in from both the relogging initiative and the new drilling this season. So, click the link below to follow all Company news as it is released. *
If you have any questions for Roger on Goliath Resources, please email me at Shad@kereport.com. We will answer them or address them in a future interview.
Full Disclosure: Shad is a Shareholder of Goliath Resources at the time of this recording and may buy or sell shares at any time.
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