Goliath Resources Reports Visible Gold at Golddigger Property, Expands 2025 Drill Program
Goliath Resources Limited, backed by McEwen Mining Inc., has discovered six new visible gold occurrences at its Golddigger Property in British Columbia, prompting an expansion of its 2025 drill program to explore the full potential of the Surebet system.
Goliath Resources Limited (TSX-V: GOT), a portfolio company of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), has announced 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 in British Columbia's Golden Triangle. This discovery, which closely resembles the company's highest-grade intercept to date, significantly extends the gold-rich system and has led to the expansion of the fully funded 2025 drill program from 40,000 to 60,000 meters. The expanded program aims to unlock the full extent of the Surebet system and its Reduced Intrusion Related Gold (RIRG) potential.
The ongoing drill hole, targeting a deep magnetic anomaly linked to the theorized Motherlode source, is expected to reach 1,000 meters. This development underscores the potential for significant gold deposits in the region, offering promising prospects for both Goliath Resources and its investors. The discovery and subsequent expansion of the drill program highlight the ongoing exploration success in the Golden Triangle, a region renowned for its rich mineral deposits.
For more details on the press release, visit https://ibn.fm/o5dds.