Goliath Resources Limited Announces Significant Gold Discoveries in British Columbia
TL;DR
McEwen Mining's portfolio company Goliath Resources reports significant gold findings, expanding its drill program to unlock more value for investors and stakeholders.
Goliath Resources discovered six new gold occurrences in a 96.5-meter interval, extending the gold-rich system and increasing the 2025 drill program to 60,000 meters.
The expansion of Goliath Resources' drill program and gold discoveries contribute to economic growth and job creation in British Columbia's Golden Triangle.
Exploring deep magnetic anomalies, Goliath Resources hits gold again, mirroring its highest-grade intercept and pushing the boundaries of the Surebet system's potential.
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Goliath Resources Limited, associated with McEwen Mining Inc., has reported the discovery of six new visible gold occurrences within a 96.5-meter mineralized interval from drill hole GD-25-302 at the Bonanza Zone of its Golddigger Property. This significant find is located in the prolific Golden Triangle of British Columbia, a region renowned for its rich mineral deposits. The discovery is part of an extensive drill program aimed at exploring a deep magnetic anomaly, suspected to be connected to a theorized Motherlode source. With the drill hole anticipated to reach a depth of 1,000 meters, the mineralization observed closely mirrors the company's highest-grade intercept to date, suggesting a substantial extension of the gold-rich system.
In light of these findings and the continuous uncovering of valuable mineral deposits, Goliath Resources has made the strategic decision to increase its fully funded 2025 drill program from 40,000 to 60,000 meters. This ambitious expansion is designed to thoroughly investigate the Surebet system's full potential and to assess its Reduced Intrusion Related Gold (RIRG) capabilities. The recent discoveries at the Golddigger Property not only highlight the site's exceptional prospects for gold extraction but also represent a crucial milestone in Goliath's ongoing exploration endeavors. For further information on this development, visit https://ibn.fm/o5dds.
Curated from InvestorBrandNetwork (IBN)
