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Goliath Resources Drills 360 Meters of Mineralized Breccia From Surface in 1 Kilometer Step Out at Golddigger, Golden Triangle, B.C.
Highlights: 100% of the drill holes completed to date on the Surebet discovery have intersected broad zones of significant sulphide mineralization including con
About this update from Goliath Resources Limited
[{"type":"text","content":" Highlights: 100% of the drill holes completed to date on the Surebet discovery have intersected broad zones of significant sulphide mineralization including continuous mineralized breccia from surface up to 360 meters* in drill hole GD-22-30 at New Gold. GD-22-30 targeted surface mineralization, including chip and grab samples from a quartz-chlorite breccia hosted in andesitic volcanic rocks of the Hazelton Group where gold mineralization has been traced at surface over 400 meters with up to 30 meters of gold bearing breccia assaying up to 1.8 gpt AuEq* that remains open. (see photo 1 & photo 2) The majority of the mineralized breccia from GD-22-30 consists of pyrrhotite (4% overall, locally up to 15%), pyrite (1%, locally up to 5%) and chalcopyrite (<1% overall, locally up to 5%) and is similar looking to the gold bearing breccia chip and grab samples taken from surface that assayed up to 1.8 gpt AuEq*. The New Gold drill pad is located in the Hazelton volcanic rocks underlying the sediments that host the mineralized Surebet Zone and is a 1 km step out to the north from the North Rubble pad; drilling remains ongoing. The drilling and data continue to demonstrate the presence of an extensive mineralizing system already drilled over and area of 5.25 square km that remains open in all directions. Assays are pending and will be released once received, compiled, and interpreted. The extensive mineralizing system has been confirmed over 2.5 km north-south (between Pad J and New Gold located 1 km north of North Rubble Pad) and 1.5 km east-west (between Pad 15 and Pad J located in the Extension Target) (see map below). The system remains open in all directions. Based on the mineralization confirmed at New Gold and the Surebet Zone traced down dip for > 1 kilometers on the North Slope that remains open to depth, the planned drilling has been increased from 24,000 meters to 27,000 meters to expand the extent of known mineralization from 2021 in all directions (see map below). The 2022 drill program will focus on expanding the known parameters of the Surebet high-grade gold-silver discovery with ~27,000 meters of drilling planned in 83 holes from 24 pad locations using 4 drill rigs. The 2022 drill program is designed for resource level infill drilling and outline the large mineralized system over an area of 2.1 km ...