Goliath Resources LimitedTSXV: GOT

Goliath Reports Numerous High-Grade Intercepts Up To 10.83 g/t AuEq Over 22.82 Meters, Grade Values Increased By 13.2% In 54 Gold Equivalent Drill Results, Assays Pending On A Further 56 AuEq Holes Drilled In 2025, Surebet Discovery, Golden Triangle, B.C.

· Issued by Goliath Resources Limited

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  • Accounting for Silver, Copper, Lead and Zinc within these 54 drill hole results, Goliath reports an average 13.2% increase in overall grade values from the previously announced Gold only assays, with numerous high-grade intercepts up to 10.83 g/t AuEq over 22.82 meters. Assays pending on a further 56 gold equivalent drill holes from 2025.

  • 100% of the drill holes completed to date on Surebet have intersected gold mineralization clearly demonstrating remarkable continuity, grades, and widths inclusive of over 1,500 pierce points within 5 Main Gold-Rich Zones comprising 46 mineralized lodes that remain open for expansion.

  • 100% of the drill holes completed to date on the Surebet Discovery have intersected substantial quartz-sulphide mineralization.

  • The remarkable continuity, widths and grades demonstrated by drilling in multiple lodes shows this extensive 1.8 km2 gold system continues to demonstrate strong potential to become one of the most significant gold discoveries in British Columbia’s Golden Triangle in many years. The strong results received to date will help vector in on drilling targets that remain open with excellent expansion potential.

  • Of the holes drilled during the 2025 campaign, 83 out of 110 holes (or 76%) contained visible gold to the naked eye (VG-NE). 355 out of 386 drill holes representing 92% of holes drilled to date at Surebet contain VG-NE.

  • High-grade gold has been identified in three distinct rock packages discovered to date at the Surebet Discovery. This includes the gently dipping gold-rich stacked quartz-sulphide breccias/stockwork veins; the gold-rich intermediate to felsic Eocene-aged dykes; and the recently discovered broad gold-rich zones of calc-silicate altered breccia. All mineralized rock types contain substantial amounts of VG-NE (from fine-grained to coarse-grained gold) and remain open for expansion. This confirms the presence of a Motherlode magmatic source nearby, a causative intrusion responsible for the extensive 1.8 km2 high-grade gold system at Surebet.

  • The fully funded 2026 drill program will be mainly focused on expanding the 5 Main Mineralized Zones. Data compilation and interpretation is underway which will be used to vector in on the indicated Motherlode causative intrusive source to this extensive high-grade gold system with widespread VG-NE that remains open for expansion.

  • Gold-equivalent assay results which will include multi-element (Silver, Copper, Lead and Zinc) analyses for 56 out of 110 drill holes completed in 2025 are pending and will be released in the immediate future.

GOLD-EQUIVALENT DRILL HIGHLIGHTS (for complete details see Table 2 below):

  • Drill hole GD-25-337 has two separate intervals:

    • 10.83 g/t AuEq (10.60 g/t Au and 8.04 g/t Ag) over 22.82 meters, including 15.51 g/t AuEq (15.19 g/t Au and 11.14 g/t Ag) over 15.71 meters including 38.71 g/t AuEq or 1.24 oz/t AuEq (37.28 g/t Au 49.80 g/t Ag) over 3.36 meters in the Golden Gate Zone; and

    • 36.15 g/t AuEq or 1.16 oz/t AuEq (36.11 g/t Au and 1.46 g/t Ag) over 3.08 meters from the Golden Gate Zone.

  • Drill hole GD-25-377 has two separate intercepts:

    • 2.43 g/t AuEq (2.35 g/t Au and 3.14 g/t Ag) over 46.90 meters, including 3.25 g/t AuEq (3.15 g/t Au and 3.87 g/t Ag) over 34.00 meters, including 7.28 g/t AuEq (7.16 g/t Au and 4.56 g/t Ag) over 10.84 meters, including 17.86 g/t AuEq (17.77 g/t Au and 4.47 g/t Ag) over 3.98 meters from the Bonanza Zone; and

    • 9.06 g/t AuEq (8.73 g/t Au and 15.45 g/t Ag) over 3.80 meters from the Golden Gate Zone.

  • Drill hole GD-25-328 intersected:

    • 31.54 g/t AuEq or 1.01 oz/t AuEq (30.95 g/t Au and 15.27 g/t Ag) over 3.00 meters from the Golden Gate Zone.

  • Drill hole GD-25-372 intersected:

    • 15.28 g/t AuEq (13.74 g/t Au and 63.39 g/t Ag) over 6.10 meters, including 22.64 g/t AuEq (20.37 g/t Au and 94.00 g/t Ag) over 4.10 meters from the Golden Gate Zone.

  • Drill hole GD-25-355 intersected:

    • 3.20 g/t AuEq (3.05 g/t Au and 5.91 g/t Ag) over 23.00 meters, including 5.77 g/t AuEq (5.54 g/t Au and 9.52 g/t Ag) over 12.20 meters, including 10.90 g/t AuEq (10.48 g/t Au and 16.71 g/t Ag) over 6.20 meters from the Golden Gate Zone.

  • Drill hole GD-24-277 (a 2024 hole relogged in 2025) intersected:

    • 12.20 g/t AuEq (12.16 g/t Au and 1.74 g/t Ag) over 6.00 meters, including 14.63 g/t AuEq (14.59 g/t Au and 2.03 g/t Ag) over 5.00 meters, including 18.27 g/t AuEq (18.22 g/t Au and 2.46 g/t Ag) over 4.00 meters from the Golden Gate Zone.

  • Drill hole GD-25-362 intersected:

    • 5.33 g/t AuEq (2.41 g/t Au and 152.41 g/t Ag) over 12.48 meters, including 11.37 g/t AuEq (5.67 g/t Au and 291.26 g/t Ag) over 4.94 meters from the Surebet Zone.

  • Drill hole GD-25-365 has two separate intercepts:

    • 5.50 g/t AuEq (5.13 g/t Au and 12.56 g/t Ag) over 12.00 meters, including 8.09 g/t AuEq (7.57 g/t Au and 17.96 g/t Ag) over 7.97 meters, including 10.61 g/t AuEq (9.94 g/t Au and 23.32 g/t Ag) over 6.02 meters from the Golden Gate Zone; and

    • 3.58 g/t AuEq (3.48 g/t Au and 4.32 g/t Ag) over 4.25 meters, including 4.74 g/t AuEq (4.61 g/t Au and 5.37 g/t Ag) over 3.20 meters from the Bonanza Zone.

  • Drill hole GD-25-317 has three separate intercepts:

    • 2.64 g/t AuEq (2.54 g/t Au and 3.22 g/t Ag) over 23.85 meters, including 2.90 g/t AuEq (2.79 g/t Au and 3.40 g/t Ag) over 21.67 meters, including 4.86 g/t AuEq (4.74 g/t Au and 4.14 g/t Ag) over 11.88 meters, including 7.04 g/t AuEq (6.91 g/t Au and 4.66 g/t Ag) over 7.83 meters from the Bonanza Zone;

    • 4.29 g/t AuEq (4.14 g/t Au and 6.30 g/t Ag) over 7.65 meters, including 5.80 g/t AuEq (5.60 g/t Au and 8.17 g/t Ag) over 5.56 meters from the Surebet Zone; and

    • 7.67 g/t AuEq (6.56 g/t Au and 43.05 g/t Ag) over 5.15 meters, including 11.91 g/t AuEq (10.22 g/t Au and 66.73 g/t Ag) over 3.30 meters from the Golden Gate Zone.

  • Drill hole GD-25-318 intersected:

SUREBET DISCOVERY - UPDATED 3D MODEL (Click Here)

TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report the completed gold-equivalent assay results for 54 out of 110 holes drilled in 2025 at the Surebet Discovery on its 100% controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia. Accounting for Silver, Copper, Lead and Zinc within these 54 drill hole results, Goliath reports an average 13.2% increase in overall grade values from the previously announced Gold only assays (see news January 20, 2026, December 2, 2025, November 17, 2025, October 27, 2025, September 22, 2025, September 8, 2025, August 26, 2025, and July 28, 2025).

Highlights include drill hole GD-25-337, which intersected 10.83 g/t AuEq (10.60 g/t Au and 8.04 g/t Ag) over 22.82 meters, including 15.51 g/t AuEq (15.19 g/t Au and 11.14 g/t Ag) over 15.71 meters including 38.71 g/t AuEq or 1.24 oz/t AuEq (37.28 g/t Au 49.80 g/t Ag) over 3.36 meters in the Golden Gate Zone. Every drill hole completed so far within the 1.8 km2 Surebet discovery, including all 110 holes from the 2025 season, has successfully intersected gold mineralization. These results confirm predictable continuity, grade, and width across 5 Gold-Rich Zones and 46 Distinct Lodes, all of which remain open for expansion. The fully funded 2026 drill program will focus on expanding the 5 Main Mineralized Zones, testing the Motherlode causative intrusive source, and build toward a future resource. Gold-equivalent assay results which will include multi-element (Silver, Copper, Lead & Zinc) analyses for 56 out of 110 holes drilled in 2025 are still pending and will be released in the immediate future.

Mr. Roger Rosmus, Founder & CEO of Goliath states: “We are very pleased to see a 13.2% increase to the overall AuEq grade numbers reinforcing the significance of the metals other than gold at the Surebet Discovery. What continues to stand out (and get better the more we drill) about the Surebet high-grade gold discovery is the widespread distribution of VG-NE, as can be seen in our map of the VG-NE in the drill holes. It is rare to see a discovery like this not only in the Golden Triangle, but worldwide. The vast number of stacked veins is analogous to the gold-rich Pogo Mine in Alaska. Modelling of the stacked veins shows a series dipping to the southwest (Surebet group) and to the southeast (Bonanza group) which open the possibility of two separate sources or one large one that could be several thousands of meters. Another interesting aspect is that the Surebet group and Bonanza group come together in a Hinge Zone that has a substantial block of rock with plenty of VG-NE. In addition to waiting for the remaining 56 gold-equivalent assays, we are also updating our models of the multitude of high-grade gold zones, advanced geological studies at the Colorado School of Mines to help us prepare for the 2026 drilling season. We have never been in a stronger balance sheet position as we are fully funded for the upcoming 2026 campaign. The bottom line is that we are in a unique position having an important high-grade gold discovery to expand upon in the greatest gold bull market ever.”

Assay results from the recently concluded 64,364-meter drill program have significantly expanded the high-grade footprint of the Surebet Discovery, which remains open for further growth. An updated geological model incorporating all 2025 data identifies 5 primary mineralized Zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado. Collectively these Zones comprise 46 gold-rich lodes and associated Eocene-aged RIRG dykes.

Table 1: Five main modelled gold rich zones and dykes.

Zone

Number of lodes

Dimensions

Key Intercept

Status

Bonanza

5

1.8 km x 1.1 km x 19 m

13.53 g/t AuEq over 11 m

Remains Open

Surebet

9

1.2 km x 930 m x 19 m

21.08 g/t AuEq over 23 m

Remains Open

Golden Gate

18

1.3 km x 820 m x 14 m

34.52 g/t AuEq over 39 m

Remains Open

Whopper

12

800 m x 450 m x 6 m

32.67 g/t AuEq over 4 m

Remains Open

Eldorado

2

680 m x 700 m x 5 m

7.91 g/t AuEq over 7.15 m

Remains Open

Gold-rich dykes

1.4 km x 890 m x 25 m

12.03 g/t AuEq over 10 m

Remains Open


High-grade gold has been identified in three distinct rock packages discovered to date at the Surebet Discovery. This includes the gently dipping gold-rich stacked quartz-sulphide breccias/stockwork veins; the gold-rich intermediate to felsic gold-Rich dykes; and the recently discovered broad gold-rich zones of calc-silicate altered breccia. All mineralized rock types contain substantial amounts of VG-NE (from fine-grained to coarse-grained gold) and remain open for expansion. This confirms the presence of a Motherlode magmatic source nearby, a causative intrusion responsible for the extensive 1.8 km2 high-grade gold system at Surebet.

The remarkable continuity, widths and grades encountered across multiple lodes underscore the significance of this 1.8 km2 gold system which has strong potential to become one of the most significant gold discoveries in British Columbia’s Golden Triangle in many years. Success to date has effectively vectored toward several open targets, providing a strong foundation for further expansion in the 2026 drilling campaign.

Surebet Discovery Highlights

  • Assay results are still pending for 56 holes from the 2025 exploration campaign for the gold equivalent (AuEq) values, that will be announced once received, compiled and interpreted.

  • 83 out of 110 holes (or 76%) drilled in 2025 contain VG-NE, 100% of holes drilled to date at the Surebet Discovery have intersected substantial quartz-sulphide mineralization. See news releases dated: January 20, 2026, December 2, 2025, November 17, 2025, October 27, 2025, September 22, 2025, September 8, 2025, August 26, 2025, and July 28, 2025.

  • 60 out of 64 holes (or 94%) drilled in 2024 contain VG-NE up to 11.5 mm (7/16 inches) in size, all of which returned high-grade gold. See news releases dated: July 7, 2025, June 23, 2025, January 7, 2025, January 13, 2025, February 10, 2025, February 18, 2025, February 27, 2025, December 12, 2024 and July 30, 2024.

  • 92% of the holes (355 out of 386) drilled to date at Surebet contain VG-NE (see VG-NE heat map above).

  • The best hole drilled to date is GD-24-260 previously reported and is now been modeled from the Golden Gate Zone assayed 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters (see news release dated January 13, 2025). More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

  • The best hole drilled to date from the RIRG Eocene-aged dykes is GD-22-58 that assayed 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters including 19.91 g/t AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters, including 23.82 g/t AuEq (23.47 g/t Au and 30.54 g/t Ag) over 5.00 meters, plus a second separate interval down hole of 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters (see news release dated March 13, 2025). More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

  • The best hole drilled to date from the third distinct rock package consisting of calc-silicate altered breccia is drill hole GD-25-337, which intersected 10.83 g/t AuEq (10.60 g/t Au and 8.04 g/t Ag) over 22.82 meters, including 15.51 g/t AuEq (15.19 g/t Au and 11.14 g/t Ag) over 15.71 meters including 38.71 g/t AuEq or 1.24 oz/t AuEq (37.28 g/t Au 49.80 g/t Ag) over 3.36 meters in the Golden Gate Zone. The intercept is approximately true width. More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

  • Multiple gently dipping gold-mineralized stacked veins have been identified every year on the Surebet high-grade gold discovery. Recent discoveries include gold-rich RIRG Eocene-aged dykes, Goldilocks Zones where the veins and vertical dykes crosscut (which are characterized by having high-grade gold in two temperature regimes) and recently discovered high-grade gold in a third distinct rock package characterized by calc-silicate altered breccia, which increases potential tonnage and gold content of the high-grade gold system at the Surebet Discovery.

  • The footprint of the mineralization discovered to date at Surebet is 1.8 km2 and remains open in all directions.

  • Thanks to the mountainous topography, mineralization in the veins is exposed on the surface for 2.1 km of strike (1.0 km on the south slope and 1.1 km on the north slope) with a vertical relief of 700 meters.

  • A study completed by the Colorado School of Mines confirms a new interpretation of the ore forming process of high-grade gold mineralization at Surebet and outlines a common magmatic source for the high-grade gold system, now in three distinct rock packages. Which gives the Surebet untapped discovery potential to increase tonnage and gold content in the various known rock packages. Until this study, researchers and explorers in the Golden Triangle had not recognized the high-grade gold discovery potential in the Eocene-aged RIRG dykes (see news release March 13, 2025), which is showing the potential that these discoveries could be a geological breakthrough in the Golden Triangle of British Columbia.

  • Goliath has drilled over 156,000 meters encompassing over 1,500 pierce points in the Surebet Discovery located at the Golddigger property between 2021 and 2025.

  • The Surebet Discovery has predictable continuity and good metallurgy with gold recoveries of 92.2% from gravity and flotation at a 327-micrometer crush including 48.8% free gold recovery from gravity alone (no cyanide required to recover the gold). The metallurgy completed to date shows a benign rock composition without deleterious elements (see news release March 1, 2023).

  • Based on positive grassroots exploration and drill results in recent years, Goliath significantly increased its land package from 66,608 hectares to 91,518 hectares (226,146 acres) and now controls 56 kilometers of key terrain of the Red Line geologic trend providing for additional discovery potential.

  • The Golddigger Property is located on tidewater with a barge route to Prince Rupert (190 km south) and close to infrastructure including the town of Kitsault adjacent to a permitted mine site on private property.

Table 2: Complete gold-equivalent assay results.

Hole ID

interval

From (m)

To (m)

Interval (m)

Au (g/t)

Ag (g/t)

Cu (%)

Pb (%)

Zn (%)

AuEq (g/t)

Zone

GD-25-337





Interval

113.00

135.82

22.82

10.60

8.04

0.01

0.20

0.29

10.83

Golden Gate



Including

120.11

135.82

15.71

15.19

11.14

0.01

0.29

0.41

15.51

Including

120.11

123.47

3.36

37.28

49.8

0.02

1.32

1.84

38.71

Interval

132.74

135.82

3.08

36.11

1.46

0.01

0.00

0.02

36.15

Golden Gate

GD-25-377







Interval

282

328.9

46.9

2.35

3.14

0.01

0.02

0.08

2.43

Bonanza





including

283

317

34

3.15

3.87

0.01

0.02

0.1

3.25

Including

283

293.84

10.84

7.16

4.56

0.01

0.03

0.12

7.28

Including

289

292.98

3.98

17.77

4.47

0.02

0.01

0.03

17.86

Interval

456

459.8

3.8

8.73

15.45

0.02

0.06

0.21

9.06

Golden Gate

GD-25-328

Interval

527

530

3

30.95

15.27

0.03

0.22

1.31

31.54

Golden Gate

GD-25-372

Interval

571

577.1

6.1

13.74

63.39

0.05

1.38

1.08

15.28

Golden Gate

Including

572

576.1

4.1

20.37

94

0.08

2.05

1.6

22.64

GD-25-355



Interval

428

451

23

3.05

5.91

0.01

0.13

0.1

3.2

Golden Gate



Including

435

447.2

12.2

5.54

9.52

0.01

0.24

0.17

5.77

Including

441

447.2

6.2

10.48

16.71

0.01

0.46

0.31

10.9

GD-25-277_RELOG



Interval

114

120

6

12.16

1.74

0

0

0.02

12.2

Golden Gate



Including

115

120

5

14.59

2.03

0

0

0.02

14.63

Including

115

119

4

18.22

2.46

0

0

0.02

18.27

GD-25-362

Interval

177.06

189.54

12.48

2.41

152.41

0.02

0.71

0.95

5.33

Surebet

Including

177.06

182

4.94

5.67

291.26

0.03

1.68

2.15

11.37

GD-25-365







Interval

374.8

379.05

4.25

3.48

4.32

0

0.03

0.08

3.58

Bonanza

Including

374.8

378

3.2

4.61

5.37

0

0.03

0.1

4.74

Interval

485.02

497.02

12

5.13

12.56

0.03

0.19

0.48

5.5

Golden Gate



Including

488

495.97

7.97

7.57

17.96

0.03

0.28

0.68

8.09

Including

489.95

495.97

6.02

9.94

23.32

0.04

0.36

0.88

10.61

GD-25-317













Interval

352.91

360.56

7.65

4.14

6.3

0.02

0.03

0.11

4.29

Surebet

Including

355

360.56

5.56

5.6

8.17

0.02

0.04

0.13

5.8

Interval

439

462.85

23.85

2.54

3.22

0.02

0.03

0.13

2.64

Bonanza





Including

440.06

461.73

21.67

2.79

3.4

0.02

0.04

0.14

2.9

Including

449.85

461.73

11.88

4.74

4.14

0.02

0.04

0.14

4.86

Including

453.9

461.73

7.83

6.91

4.66

0.02

0.04

0.11

7.04

Interval

637

642.15

5.15

6.56

43.05

0.28

0.08

0.58

7.67

Golden Gate

Including

638

641.3

3.3

10.22

66.73

0.43

0.12

0.81

11.91

GD-25-318

Interval

342

346.7

4.7

13.15

6.36

0.01

0.04

0.24

13.32

Bonanza

Including

343

346.7

3.7

16.69

7.93

0.02

0.05

0.3

16.91

GD-25-373

Interval

207.95

213.48

5.53

8.54

48.01

0.02

0.63

0.21

9.51

Surebet

Including

208.81

213.48

4.67

10.11

56.64

0.02

0.74

0.25

11.25

GD-25-370







Interval

274.01

295

20.99

2.3

4.16

0.01

0.1

0.16

2.43

Bonanza

Including

289

292

3

7.37

18.23

0.02

0.58

0.55

7.88

Interval

312

317

5

3

7.92

0

0.02

0.25

3.19

Golden Gate

Interval

318

325

7

4.11

3.98

0.01

0.04

0.11

4.21

Golden Gate

Including

319

324.05

5.05

5.66

5.25

0.01

0.05

0.14

5.79

GD-25-343

Interval

612

617

5

10.08

2.21

0.01

0

0.01

10.13

Golden Gate

Including

613

616

3

16.78

3.58

0.01

0

0.01

16.85

GD-25-324





Interval

203.73

208.04

4.31

3.82

37.39

0.02

0.87

0.59

4.71

Whopper

Interval

280.85

287.5

6.65

7.01

3.99

0.01

0.05

0.07

7.11

Surebet

Including

281.71

286.44

4.73

9.81

5.27

0.01

0.06

0.09

9.94

Interval

397.03

400.78

3.75

3.28

2.12

0

0

0.02

3.32

Surebet

GD-25-345







Interval

535.05

542

6.95

6.58

3.27

0.01

0

0.02

6.65

Bonanza



Including

535.95

541

5.05

9.04

4.2

0.01

0

0.03

9.12

Including

535.95

540

4.05

11.13

4.87

0.01

0

0.02

11.23

Interval

616

620

4

6.68

12.01

0.02

0.34

1.34

7.23

Golden Gate

Including

616

619.36

3.36

7.93

14.16

0.02

0.4

1.59

8.57

GD-25-302







Interval

100

112

12

2.06

0.99

0.01

0.01

0.05

2.09

Golden Gate

Including

103

110

7

3.11

1.22

0.01

0.01

0.07

3.15

Interval

121

140

19

2.26

1.06

0.01

0.01

0.03

2.29

Golden Gate



Including

127

138

11

3.66

1.38

0.01

0.01

0.03

3.69

Including

127

132

5

7.13

2.54

0.01

0.02

0.04

7.19

GD-25-380



Interval

289

298

9

4.29

20.88

0.02

0.49

0.38

4.81

Surebet



Including

290.15

297

6.85

5.62

26.76

0.02

0.62

0.5

6.28

Including

290.15

294.95

4.8

7.92

37.17

0.02

0.89

0.7

8.83

GD-25-192_RELOG

Interval

43

73.65

30.65

1.36

2.09

0.01

0

0.03

1.41

Golden Gate

Including

60

65

5

3.39

1.69

0

0

0.02

3.43

GD-25-312

Interval

390.3

394

3.7

10.56

9.53

0.01

0.01

0.04

10.74

Bonanza

GD-25-354





Interval

340.9

366.03

25.13

0.85

23.15

0.01

0.3

0.24

1.34

Surebet

Including

351.23

358.95

7.72

1.96

23.36

0.01

0.62

0.22

2.49

Interval

528.57

535.15

6.58

3.95

9.96

0.01

0.11

0.26

4.19

Golden Gate

Including

528.57

532

3.43

6.96

18.95

0.02

0.21

0.49

7.43

GD-25-358



Interval

387

392

5

5.23

10.96

0.03

0.2

0.19

5.5

Golden Gate

Interval

434

439

5

6.09

0.79

0

0

0.01

6.1

Golden Gate

Including

435

439

4

7.61

0.99

0

0

0.01

7.63

GD-25-350







Interval

301

321.38

20.38

1.13

11.13

0.01

0.15

0.24

1.4

Surebet



including

308.04

319.3

11.26

1.71

16.06

0.01

0.22

0.29

2.08

including

314

319.3

5.3

3.18

26.34

0.01

0.39

0.5

3.8

Interval

336

340.28

4.28

3.44

37.84

0.01

0.63

0.36

4.26

Surebet

Interval

642

646.45

4.45

4.12

15.5

0.03

0.33

0.3

4.51

Golden Gate

GD-25-330

Interval

532

537.55

5.55

4.79

2.96

0.01

0.03

0.04

4.86

Golden Gate

GD-25-387

Interval

79

84.32

5.32

4.53

0.71

0

0

0.01

4.55

Golden Gate

including

79

83.15

4.15

5.36

0.76

0.01

0

0.01

5.38

GD-25-378

Interval

585.86

590

4.14

5.22

6.28

0.02

0.18

0.14

5.4

Golden Gate

GD-25-265_RELOG

Interval

123

127

4

5.43

2.91

0

0

0.01

5.48

Bonanza

GD-25-410

Interval

183.32

188.46

5.14

4.18

2.65

0.01

0.01

0.08

4.25

Bonanza

GD-25-407

Interval

254.5

259.09

4.59

4.21

14.36

0.01

0.24

0.32

4.56

Eldorado

including

254.5

258

3.5

5.49

16.66

0.01

0.28

0.33

5.88

GD-25-376

Interval

252.8

257

4.2

4.32

12.95

0.03

0.13

0.15

4.62

Eldorado

GD-25-259_RELOG

Interval

231

234

3

6.11

3

0.01

0

0.02

6.17

Whopper

GD-25-400

Interval

102

132

30

0.6

1.67

0.01

0.02

0.04

0.65

Golden Gate

GD-25-357

Interval

213

234.95

21.95

0.52

4.8

0.01

0.11

0.2

0.67

Golden Gate

GD-25-327

Interval

107

111

4

2.99

6.88

0

0.03

0.05

3.13

Eldorado

including

276

281

5

2.09

17.53

0.09

0.03

0.49

2.58

GD-25-363

Interval

310

320

10

1.13

11.3

0.01

0.2

0.17

1.4

Surebet

including

313.46

318

4.54

2.29

23.03

0.02

0.41

0.35

2.83

GD-25-390

Interval

187.75

193

5.25

2.38

9.64

0

0

0.01

2.55

Surebet

including

188.8

192

3.2

3.87

15.17

0

0

0.01

4.14

GD-25-368

Interval

591

596.69

5.69

2.13

2.11

0.01

0.05

0.09

2.19

Bonanza

GD-25-342

Interval

25.76

38

12.24

0.96

1.74

0.01

0.01

0.11

1.02

Bonanza

GD-25-352

Interval

339

342

3

2.85

49.32

0.01

1.13

1.11

4.08

Surebet

GD-25-314

Interval

315

319

4

2.25

29.04

0.05

0.16

1.37

3.1

Golden Gate

GD-25-301

Interval

417

422

5

2.33

2.05

0.01

0

0.01

2.38

Eldorado

GD-25-329

Interval

215.91

220

4.09

1.79

10

0

0.19

0.09

2.01

Whopper

GD-25-403

Interval

254.02

258

3.98

2.35

12.59

0.02

0.17

0.79

2.77

Surebet

GD-25-386

Interval

324.79

329

4.21

1.97

19.01

0.01

0.26

0.38

2.42

Surebet

GD-25-394

Interval

93

112.02

19.02

0.52

0.63

0.01

0

0.03

0.54

Golden Gate

including

104

108

4

0.96

1.56

0.01

0.01

0.07

1.01

GD-25-303

Interval

512.05

530.04

17.99

0.5

2.33

0.01

0.06

0.05

0.56

Golden Gate

including

518

521

3

0.97

10.52

0.01

0.33

0.12

1.22

GD-25-348

Interval

216.3

222.05

5.75

0.88

36.62

0.02

0.47

0.41

1.67

Surebet

GD-25-409

Interval

125

129

4

0.64

23.89

0.01

0.14

0.33

1.14

Bonanza

GD-25-351

Interval

418

423

5

1.44

4.65

0.01

0.08

0.1

1.56

Golden Gate

GD-25-361

Interval

303.8

310.08

6.28

1.06

9.04

0.01

0.16

0.24

1.3

Surebet

GD-25-219_RELOG

Interval

415.92

420.85

4.93

1.71

1.99

0

0.01

0.05

1.77

Golden Gate

GD-25-333

Interval

6

9

3

2.53

1.7

0.01

0.01

0.16

2.6

Whopper

GD-25-325

Interval

454.4

458.85

4.45

1.11

2.26

0.02

0.01

0.3

1.23

Golden Gate

GD-25-371

Interval

283

296.91

13.91

0.52

1.26

0

0.01

0.02

0.55

Surebet

GD-25-306

Interval

135

141

6

1.25

0.32

0

0.01

0.02

1.26

Golden Gate

GD-25-331

Interval

146

151

5

1

0.53

0.01

0

0.02

1.02

Golden Gate

GD-25-391

Interval

467

481

14

0.45

0.91

0

0.01

0.02

0.48

Dyke

GD-25-322

Interval

161

171

10

0.54

1.51

0

0.01

0.03

0.58

Golden Gate

GD-25-287_RELOG

Interval

68

74

6

1.02

1.12

0

0.01

0.02

1.04

Golden Gate

GD-25-341

Interval

394

399

5

1.04

1.95

0.01

0.01

0.18

1.12

Bonanza

GD-25-307

Interval

363.7

366.72

3.02

1.69

6.02

0.01

0.14

0.13

1.84

Surebet

Table 3: Collar information for drill holes reported in this news release.

Hole ID

CRS

Easting (m)

Northing (m)

Elevation (m)

Azimuth (deg)

Dip (deg)

Length (m)

GD-24-192_RELOG

NAD83 / UTM zone 9N

457593

6162376

1118

355

50

332

GD-24-219_RELOG

NAD83 / UTM zone 9N

457149

6162501

1320

95

50

429

GD-24-259_RELOG

NAD83 / UTM zone 9N

457447

6162778

1512

92

45

402

GD-24-265_RELOG

NAD83 / UTM zone 9N

457885

6162617

1175

130

65

426

GD-24-277_RELOG

NAD83 / UTM zone 9N

457701

6162440

1133

0

80

990

GD-24-287_RELOG

NAD83 / UTM zone 9N

457702

6162437

1132

80

75

331

GD-25-337

NAD83 / UTM zone 9N

457818

6162509

1141

244

62

370

GD-25-377

NAD83 / UTM zone 9N

457231

6162742

1488

295

70

519

GD-25-328

NAD83 / UTM zone 9N

456710

6162964

1639

43

55

662

GD-25-372

NAD83 / UTM zone 9N

457401

6162900

1606

168

70

732

GD-25-355

NAD83 / UTM zone 9N

457368

6162757

1509

100

72

690

GD-25-362

NAD83 / UTM zone 9N

457413

6163255

1733

53

60

405

GD-25-365

NAD83 / UTM zone 9N

457041

6162958

1604

97

86

702

GD-25-317

NAD83 / UTM zone 9N

457445

6162777

1511

130

67

717

GD-25-318

NAD83 / UTM zone 9N

456710

6162964

1635

105

77

662

GD-25-373

NAD83 / UTM zone 9N

457511

6163076

1660

70

80

718

GD-25-370

NAD83 / UTM zone 9N

457231

6162741

1488

275

65

477

GD-25-343

NAD83 / UTM zone 9N

457228

6162734

1481

138

50

660

GD-25-324

NAD83 / UTM zone 9N

457447

6162777

1515

105

67

720

GD-25-345

NAD83 / UTM zone 9N

457366

6162757

1509

120

52

822

GD-25-302

NAD83 / UTM zone 9N

457818

6162509

1141

195

69

1635

GD-25-380

NAD83 / UTM zone 9N

457037

6162950

1604

183

83

693

GD-25-312

NAD83 / UTM zone 9N

457365

6162756

1509

150

71

681

GD-25-354

NAD83 / UTM zone 9N

457326

6162856

1582

185

72

739

GD-25-358

NAD83 / UTM zone 9N

457228

6162734

1481

219

76

651

GD-25-350

NAD83 / UTM zone 9N

457185

6163117

1702

180

77

849

GD-25-330

NAD83 / UTM zone 9N

457326

6162856

1582

206

73

681

GD-25-387

NAD83 / UTM zone 9N

457594

6162372

1119

190

70

408

GD-25-378

NAD83 / UTM zone 9N

457465

6163019

1634

260

85

603

GD-25-410

NAD83 / UTM zone 9N

457976

6162659

1174

23

66

216

GD-25-407

NAD83 / UTM zone 9N

457399

6162904

1608

350

82

395

GD-25-376

NAD83 / UTM zone 9N

457235

6162864

1585

217

81

640

GD-25-400

NAD83 / UTM zone 9N

457598

6162374

1119

147

83

309

GD-25-357

NAD83 / UTM zone 9N

456865

6162628

1451

135

65

525

GD-25-327

NAD83 / UTM zone 9N

457016

6162593

1388

5

65

459

GD-25-363

NAD83 / UTM zone 9N

457411

6163251

1733

175

68

901

GD-25-390

NAD83 / UTM zone 9N

457488

6163166

1707

70

80

792

GD-25-368

NAD83 / UTM zone 9N

457485

6163165

1706

250

77

690

GD-25-342

NAD83 / UTM zone 9N

457815

6162511

1146

336

70

350

GD-25-352

NAD83 / UTM zone 9N

457038

6162952

1604

42

76

847

GD-25-314

NAD83 / UTM zone 9N

457018

6162588

1382

80

70

593

GD-25-301

NAD83 / UTM zone 9N

457445

6162773

1513

168

58

702

GD-25-329

NAD83 / UTM zone 9N

457444

6162778

1515

330

80

685

GD-25-403

NAD83 / UTM zone 9N

457467

6163017

1633

147

83

600

GD-25-386

NAD83 / UTM zone 9N

457512

6163073

1660

129

56

459

GD-25-394

NAD83 / UTM zone 9N

457594

6162372

1119

168

55

345

GD-25-303

NAD83 / UTM zone 9N

457364

6162754

1508

157

61

676

GD-25-348

NAD83 / UTM zone 9N

457413

6163252

1733

115

65

1001

GD-25-409

NAD83 / UTM zone 9N

457883

6162622

1178

60

75

302

GD-25-351

NAD83 / UTM zone 9N

457235

6162738

1489

170

57

723

GD-25-361

NAD83 / UTM zone 9N

457191

6163128

1712

160

85

699

GD-25-333

NAD83 / UTM zone 9N

457365

6162757

1509

127

71

798

GD-25-325

NAD83 / UTM zone 9N

457365

6162755

1509

128

88

669

GD-25-371

NAD83 / UTM zone 9N

457190

6163130

1712

40

86

681

GD-25-306

NAD83 / UTM zone 9N

457214

6162332

1220

342

59

346

GD-25-331

NAD83 / UTM zone 9N

457815

6162506

1144

194

83

360

GD-25-391

NAD83 / UTM zone 9N

457465

6163019

1634

286

76

618

GD-25-322

NAD83 / UTM zone 9N

457214

6162332

1219

250

70

594

GD-25-341

NAD83 / UTM zone 9N

456927

6163020

1652

310

75

615

GD-25-307

NAD83 / UTM zone 9N

456927

6163020

1651

152

72

678

About Golddigger Property

The Golddigger Property is 100% controlled and covers an area of 91,518 hectares in a highly prospective geological setting of the Eskay Rift, within 3 kilometers of the Red Line in the Golden Triangle of British Columbia. This area, in close proximity to the Red Line, has hosted some of Canada’s greatest gold mines including Eskay Creek, Premier and Snip. Other significant and well-known deposits in the Golden Triangle include Brucejack, Copper Canyon, Galore Creek, Granduc, KSM, Red Chris, and Schaft Creek. Goliath controls 56 kilometers of the Red Line which is a geologic contact between Triassic age Stuhini rocks and Jurassic age Hazelton rocks used as key markers when exploring for gold-copper-silver mineralization.

The Surebet discovery has predictable continuity and good metallurgy with gold recoveries from gravity and flotation at a 327-micrometer crush of 92.2% including 48.8% free gold from gravity alone (no cyanide required to recover the gold). The metallurgy completed to date shows no deleterious elements are present (see news release dated March 1, 2023).

The Property is in a well positioned location in close proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tide water with direct barge access to Prince Rupert (190 kilometers via the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometers from Terrace, 300 kilometers from Prince Rupert) and has a barge landing, dock, and infrastructure capable of housing at least 300 people, including high-tension power.

Additional infrastructure in the area includes the Dolly Varden Silver Mine Road (only 7 kilometers to the East of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometers to the south of the Surebet discovery) and high-tension power (25 kilometers to the east of Surebet discovery). The city of Terrace (population 16,000) provides access to railway, major highways, and airport with supplies (food, fuel, lumber, etc.), while the town of Prince Rupert (population 12,000) is located on the West Coast of British Columbia and houses an international container seaport also with direct access to railway and an airport.

Qualified Person

Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resource Limited projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release. Mr. Turna is an Independent Director of the Company.

About Goliath Resources Limited

Goliath Resources is an explorer of precious metals projects in the highly prospective Golden Triangle of Northwestern British Columbia. All of its projects are in high quality geological settings and geopolitical safe jurisdictions amenable to mining in Canada. Goliath is a member and active supporter of CASERM which is an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech. In 2025, Goliath completed its largest drill campaign to date for a total of 64,364 meters. It is fully funded for a similar sized drill program in 2026. Assay results are still pending on 56 holes from the 2025 exploration campaign for the gold equivalent (AuEq) values, that will be announced once received, compiled and interpreted. The Company’s key strategic cornerstone shareholders include Crescat Capital, a Global Commodity Group (Singapore), McEwen Inc. (NYSE: MUX) (TSX: MUX), Waratah Capital Advisors, Rob McEwen, Eric Sprott and Larry Childress.

About CASERM (Center to Advance the Science of Exploration to Reclamation in Mining)

Goliath Resources is a paying member and active supporter of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which is one of the world’s largest research centers in the mining sector. CASERM is a collaborative research venture between Colorado School of Mines and Virginia Tech that is supported by a consortium of mining and exploration companies, analytical instrumentation and software companies, and federal agencies aiming to transform the way geoscience data is acquired and used across the mining value chain. The center forms part of the I-UCRC program of the National Science Foundation. Research focuses on the integration of diverse geoscience data to improve decision making across the mine life cycle, beginning with the exploration for subsurface resources continuing through mine operation as well as closure and environmental remediation. Over the past three years, Goliath Resources’ membership in CASERM has allowed a high level of research to be performed on the Surebet Discovery.

For more information please contact:

Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1.416.488.2887
roger@goliathresources.com
www.goliathresourcesltd.com

Disclaimer

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

QA/QC Protocol

Oriented HQ-diameter or NQ-diameter diamond drill core from the drill campaign is placed in core boxes by the drill crew contracted by the Company. Core boxes are transported by helicopter to the staging area and then transported by truck to the core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX DepositTM. Drill holes were planned using Leapfrog GeoTM and QGISTM software and data from the 2017-2024 exploration campaigns. Drill core containing quartz breccia, stockwork, veining and/or sulphide(s), or notable alteration is sampled in lengths of 0.5 to 1.5 meters. Core samples are cut lengthwise in half: one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. The bagged samples are then weighed and secured with a zip tie. Certified reference materials (CRMs), blanks and duplicates are added in the sample stream at a rate of 10%. To ensure analytical anonymity, CRM identification labels are removed prior to submission to the laboratory. Additional out-of-sequence blanks are introduced immediately following core samples that contain VG-NE or high-grade sulphide mineralization.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.

Widths are reported in drill core lengths and the true widths are estimated to be 80-90% and Gold Equivalent (AuEq) metal values are calculated using: 4,932.69 USD/oz, Ag 84.916 USD/oz, Cu 6.07 USD/lbs, Pb 1964.45 USD/ton and Zn 3,328.50 USD/ton on February 3rd, 2026. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp where Goliath’s project is located such as the Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment on the Homestake Ridge Gold Project, prepared by Minefill Services Inc. Bothell, Washington, dated May 29, 2020). Here, AuEq values were calculated using 3-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Gold were 85.5%, Silver at 74.6%, Copper at 74.6% and Lead at 45.3%. It will be assumed that Zinc can be recovered with the Copper at the same recovery rate of 74.6%. The quoted reference of metallurgical recoveries is not from Goliath’s Golddigger Project, Surebet Zone mineralization, and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such as in a Feasibility Study can be eventually completed on the Golddigger Project.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Goliath’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the ability of the Company to complete financings and its ability to build value for its shareholders as it develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Goliath. Although such statements are based on management's reasonable assumptions, there can be no assurance that the proposed transactions will occur, or that if the proposed transactions do occur, will be completed on the terms described above.

The forward-looking information contained in this release is made as of the date hereof and Goliath is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.

The securities referred to herein have not been and will not be will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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