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Goliath Resources Drills 19.15 Meters of Abundant Visible Gold in the Newly Discovered Outcropping Golden Gate Zone Proximal to the Feeder Source, Golddigger Property, Golden Triangle, B.C.
Drill Highlights: GD-23-197 drilled from Pad 16 intersected 3 sulphide-rich mineralized shear zones that include the Surebet Zone, Bonanza Shear and a new highl
About this update from Goliath Resources Limited
[{"type":"text","content":" Drill Highlights: GD-23-197 drilled from Pad 16 intersected 3 sulphide-rich mineralized shear zones that include the Surebet Zone, Bonanza Shear and a new highly mineralized horizon within the Hazelton Volcanics located only 20 meters below the Bonanza Shear named the Golden Gate Zone, demonstrating the presence of at least 3 stacked and significantly mineralized shear zones outcropping that remain open. (see model and images below). A photo accompanying this announcement is available here. The Golden Gate Zone is believed to be the fluid pathway proximal to the Surebet Zone and Bonanza Shear based on the abundance of visible gold nuggets with equivalent spherical sizes up to 4mm, elevated mineralization seen in core drilled to date including some of the largest concentrations of sphalerite, galena, and chalcopyrite; suggests close proximity to the feeder source. A photo accompanying this announcement is available here. GD-23-197 intercepted a 19.15 meter interval (approx. true width) within the Hazelton Volcanics and outcropping Golden Gate Zone between 442.85 and 462.00 meters consisting of multiple shears containing abundant Visible Gold up to 1% and considerable amounts of sphalerite, galena, chalcopyrite and pyrrhotite (see image below). A photo accompanying this announcement is available here. Mineralization in the gold-rich 19.15 meter intercept (approx. true width) within the Hazelton Volcanics consists of stockwork to stringers with multiple occurrences of Visible Gold up to 1%, massive sulphides with up to 10% sphalerite, 5% galena, 3% chalcopyrite and 20% pyrrhotite (see image below). A photo accompanying this announcement is available here. 88 holes drilled on Surebet in 2023 have all intersected either the Surebet Zone and/or the Bonanza Shear representing a 98% hit rate (see image below). A photo accompanying this announcement is available here. 33 holes (out of 90 holes) drilled in 2023 on the Surebet Zone and Bonanza Shear have intersected Visible Gold, representing a 37% hit rate confirmed over an area of widely spread mineralization encompassing 1.6 square kilometers that remains wide open. All the occurrences of Visible Gold to date have been consistently identified within quartz-breccia and veins in contact with or in close proximity to pyrrhotite, sphalerite and/or galena mineralization. Based on 2021 ...