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Goliath Resources Drills Visible Gold in Multiple Holes Over 1.5 Km and Discovers New Strongly Mineralized 6.5 Km Trend Containing Multiple Shear Zones, Remains Open, Golden Triangle, B.C.
2023 Drill Campaign Highlights: Several grains of Visible Gold have been identified over multiple meters in 3 out of 5 holes completed in the Golden Gate Feeder
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[{"type":"text","content":" 2023 Drill Campaign Highlights: Several grains of Visible Gold have been identified over multiple meters in 3 out of 5 holes completed in the Golden Gate Feeder Zone (GD-23-118, GD-23-126 and GD-23-111) and in 1 out of 2 holes completed on the Surebet Blowout on the North Slope (GD-23-122); assays pending. Hole GD-23-118 has multiple occurrences of Visible Gold over 1.51 meters at 64.53 meters, 65.97 meters and 66.04 meters depth respectively, in what is interpreted to be the northeast extension of the Bonanza Shear. Hole GD-23-118, collared from Pad TS-1 (located 100 meters to the northeast of Pad A, 2022 drill season) intersected visible gold as well as several mineralized quartz-breccia zones, with the most prominent quartz-breccia interval extending for 16.80 meters* from 62.51 to 79.31 meters. The mineralized interval contains stringers and semi-massive patches of sulphides (mainly pyrrhotite up to 3 %, galena up to 1% and sphalerite up to 1 %). The hole is characterized by interbedded mudstone and siltstone units above the mineralized zone and altered andesite in the sections below the mineralized zone (see map below). An accompanying infographic is available by clicking here Hole GD-23-122 intercepted multiple grains of Visible Gold at 1.98 meters depth in a near surface mineralized quartz-breccia in the top part of the hole (see image below). An accompanying infographic is available by clicking here Hole GD-23-122, collared from Pad D2-1 (located at the Surebet Blowout on the North Slope 1.5 km to the northwest of Pad A, 2022 drill season) intersected visible gold and 18.73 meters* of a near surface sulphide-mineralized section of quartz-breccia from 1.00 to 19.73 meters. A deeper mineralized quartz-breccia and stockwork section was intersected from 88.37 meters to 89.54 meters (1.17 meters*) corresponding to the modelled Surebet Zone. Sulphide mineralization consists of stringers and local semi-massive lenses of pyrrhotite (up to 10 %), sphalerite (up to 3 %) and galena (up to 2 %) (see image below). An accompanying infographic is available by clicking here Hole GD-23-117 collared from Pad D2-1 (located on the North Slope 1.5 km to the Northwest of Pad A, 2022 drill season) intersected a sulphide mineralized quartz-breccia hosted in the sediments over 13.9 meters* at a shallow depth from 2.80 to 16.70 meters. This is f...