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Goliath Resources Engages JDS Energy & Mining Inc. To Forge Plans To Drive An Exploration Adit At Its Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Drill-out of all high-grade Surebet lodes will be more easily and cheaply facilitated from underg...
About this update from Goliath Resources Limited
[{"type":"text","content":"Goliath Resources Engages JDS Energy & Mining Inc. To Forge Plans To Drive An Exploration Adit At Its Surebet Discovery, Golddigger Property, Golden Triangle, B.C.\n\n\n\n\n\n Drill-out of all high-grade Surebet lodes will be more easily and cheaply facilitated from underground vantages.\n \n\n\n\n Underground access to the Bonanza Zone will enable geological confirmation of this important high-grade lode and potentially enable bulk sampling.\n \n\n\n\n\n Goliath looks forward to mobilizing shortly for its aggressive 2025 drill campaign.\n \n\n\n\n\n TORONTO, May 05, 2025 (GLOBE NEWSWIRE) --\n \n Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF)\n \n\n (the “Company” or “Goliath\n \n ”) is pleased to announce world renowned JDS Energy & Mining Inc. (“JDS”) has been engaged to assess the viability, permitting and development of an underground exploration adit at Surebet, at its 100% controlled Golddigger property (the “Property”), Golden Triangle, British Columbia. The Company has tasked JDS with an exploration adit to access a broad expanse of the gently-dipping, high-grade gold lode called the Bonanza Zone that sits approximately 200 meters above the valley floor.\n \n\n This adit will:\n \n\n\n Enable underground drilling of extensive parts of the overall Surebet lode system thus lowering drill meters required for advanced resource work;\n \n\n\n Potentially enable a longer drill season at the project;\n \n\n\n Allow geological confirmation of the thickness and continuity of the Bonanza Zone; and\n \n\n\n Potentially allow bulk sampling of this important Bonanza Zone thus providing an opportunity to confirm recent high-grade drill intercepts many of which are over 1 oz/T AuEq including hole GD-24-260 which assayed 34.52 g/t AuEq (34.47 g/t Au and 3.96 g/t Ag) over 39.00 meters including 132.93 g/t AuEq (132.78 g/t Au and 12.98 g/t Ag) over 10.00 meters and 166.04 g/t AuEq (165.84 g/t Au and 16.07 g/t Ag) over 8.00.\n \n\n\n Bulk sample material can also allow advanced metallurgical work to be undertaken.\n \n\n\n\n\n Roger Rosmus, Founder & CEO stated:\n \n\n “Recently we reported results from a geological study completed by the Colorado School of Mines, which had impressive findings, and showed that gold mineralization occurs in two separat...