Goliath Resources Reports Major High-Grade Gold Discovery at Bonanza Zone

Goliath Resources Limited has announced a major high-grade gold discovery at the Bonanza Zone on its Golddigger Property in British Columbia's Golden Triangle. The discovery is highlighted by drill hole GD-24-280 returning 8.31 grams per tonne gold over 23 meters, including higher-grade intervals within this significant intercept. This finding represents the third distinct mineralized rock package identified at the Surebet Discovery area, indicating multiple mineralizing events and enhanced geological complexity.

The presence of visible gold in 60 out of 64 holes drilled during the 2024 exploration program provides strong visual confirmation of the mineralization's consistency and quality. This high percentage of mineralized intersections underscores the potential for substantial expansion of the Surebet Discovery, with a comprehensive 60,000-meter drill program currently in progress to systematically test the property's full potential. The ongoing exploration efforts aim to expand the known mineralization both laterally and at depth while targeting what geologists refer to as the 'Motherlode' - a hypothesized deep-seated magmatic gold source that could represent the primary mineralizing system.

McEwen Mining Inc., which holds a strategic equity interest in Goliath Resources, stands to benefit significantly from this discovery through its investment position. The growing discovery potential of the Golddigger Property demonstrates the area's prospectivity within the prolific Golden Triangle region of British Columbia, known for hosting several world-class mineral deposits. For additional information about this development and its implications, visit https://ibn.fm/YocsI. The continued success at the Bonanza Zone reinforces the property's status as an emerging significant gold discovery in a well-established mining district with excellent infrastructure and mining history.

The systematic exploration approach and consistent results from the 2024 drilling campaign provide strong technical validation of the geological model and support further investment in expanding the resource. The discovery's importance extends beyond the immediate high-grade results to the broader implications for understanding the regional mineralizing systems and the potential for additional discoveries within the property boundaries. The combination of high-grade intercepts, widespread visible gold occurrences, and multiple mineralized packages positions the Golddigger Property as a compelling exploration story with substantial upside potential for continued growth and development.