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Andrew had a chance to catch up with Roger Rosmus, Founder, CEO and Director of Goliath Resources ltd. to chat about their latest news.
GOLIATH ADDS THIRD RIG TO ITS 2021 MAIDEN DRILL CAMPAIGN
BASED ON POSITIVE ASSAY RESULTS
A third rig has been added to Goliath’s fully funded 2021 maiden drill campaign based on positive assays results from the first three holes and similar looking intercepts containing mineralization and veining in the
additional 10 holes drilled to date. Meters planned have been increased from ~5,000 to ~6,000 testing the extent of the Surebet discovery
along 1,000 of strike exposed at surface and to depth (link to video).
Assay results from the third hole (GD21-003) intercepted Surebet Zone’s polymetallic quartz-sulphide vein system over 35.72 meters* of quartz-sulphide breccia and surrounding quartz-sulphide stockwork containing a weighted average of 6.37 g/t gold equivalent (AuEq) or 4.46 g/t Gold and 122.13 g/t Silver. Higher grade intervals within the above envelope include 4.52 meters* of 31.88 g/t AuEq or 24.97 g/t Gold
and 458.10 g/t Silver.
* The stated lengths in meters are downhole core lengths and not true widths. True widths will be calculated once more drilling confirms the exact geometry of the quartz-sulphide system.
Toronto, Ontario – August 31, 2021 – Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the“Company” or “Goliath”) is pleased to announce it has secured a third drill for its 2021 Maiden Diamond Drill
Program (the “Campaign”) at its 100% controlled Golddigger Property (the “Property”) located in the GoldenTriangle, B.C.
Roger Rosmus, Founder & CEO stated, “We have added a third rig to our fully funded 2021 maiden drill campaign based on the encouraging intercepts and assay results from the first three holes announced yesterday, as well the additional 10 other holes drilled intersected similar looking mineralization and veining. The third drill rig will allow
the Company to increase the meters drilled by ~1,000 that will test additional targets that were not initially part of the drill campaign that could materially increase Surebet’s potential size if these holes intercept our projected structures at depth.”
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