{kanada_flagge}The season is on: Goliath Resources Limited (TSX-V: GOT; OTCQB: GOTRF; FRA: B4IF) has commenced drilling at its Golddigger project in the Golden Triangle, B. C. Goliath plans an aggressive 18,000-meter drill campaign this year, with a total of 70 holes from 21 separate drill sites on the property.
{kanada_flagge}The season is on: Goliath Resources Limited (TSX-V: GOT; OTCQB: GOTRF; FRA: B4IF) has commenced drilling at its Golddigger project in the Golden Triangle, B. C. Goliath plans an aggressive 18,000-meter drill campaign this year, with a total of 70 holes from 21 separate drill sites on the property.
By comparison, 31,652 meters have been drilled to date during the 2021 and 2022 drill campaigns. Completed drilling has a 97% hit rate, with 86 of a total of 92 drill holes in the 1.6 square kilometer area at Surebet intersecting significant widths of high-grade gold-silver. One of the main focuses of drilling this season will be to better delineate and expand the high-grade mineralization discovered last year in the eastern area of the Surebet Zone and Bonanza Shear (see Figure 1). Further information from these areas could contribute significantly to future mineral resource estimation for the project. Tracing mineralization towards its suspected source in the Golden Gate Feeder Zone is also on the agenda.
Figure 1: the Surebet Zone and the Bonanza Shear intersect.
In addition, the company will conduct maiden drilling on new targets such as Goldswarm, where striking mineralization similar to Surebet was discovered last year (see Figure 2). The Goldswarm zone lies 4 km along strike to the north of the Surebet zone and has similar mineralization and structures exposed at surface. Slot intersections returned up to 29.70 g/t Au over 0.55 meters, 25.1 g/t Au over 0.40 meters and up to 54.3 g/t Au.
Figure 2: Overview of the 21 drill sites selected for this year are located within the 8 km long and 3.5 km wide Surebet corridor. Goldswarm is on strike with Surebet and located 4 km to the north.
In summary, Goliath Resources has doubled the footprint of its Golddigger exploration project to a whopping 590 km² in the past year. Given these dimensions, the Surebet discovery looks only the size of a pinhead. Geologists have discovered many other targets within the Surebet corridor that may be tested by drilling for the first time this season. The Goldswarm target, located four kilometers north and on strike with Surebet looks like its geological replica, appears particularly promising. Given the number of new targets, the geologists’ creativity is challenged: The targets are called Ace In The Hole, Humdinger, Sunrise, Payday, Jackpot Occurrence, Anaconda, Mastodon and Surething. You can really feel the confidence and joy of the discoverers in these names. Goliath will definitely be able to deliver a lot of news to the market.
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