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Goliath Resources Limited Announces Significant Gold Discoveries in British Columbia

TL;DR

McEwen Mining's portfolio company Goliath Resources reports significant gold findings, expanding its drill program to unlock more value for investors and stakeholders.

Goliath Resources discovered six new gold occurrences in a 96.5-meter interval, extending the gold-rich system and increasing the 2025 drill program to 60,000 meters.

The expansion of Goliath Resources' drill program and gold discoveries contribute to economic growth and job creation in British Columbia's Golden Triangle.

Exploring deep magnetic anomalies, Goliath Resources hits gold again, mirroring its highest-grade intercept and pushing the boundaries of the Surebet system's potential.

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Goliath Resources Limited Announces Significant Gold Discoveries in British Columbia

Goliath Resources Limited, associated with McEwen Mining Inc., reported the discovery of six new visible gold occurrences within a 96.5-meter mineralized interval from drill hole GD-25-302 at the Bonanza Zone of its Golddigger Property. This discovery, located in the prolific Golden Triangle of British Columbia, is part of an extensive drill program aimed at investigating a deep magnetic anomaly thought to be connected to a theorized Motherlode source. The drill hole is anticipated to extend to a depth of 1,000 meters, with the mineralization observed closely resembling the company's highest-grade intercept to date, thereby significantly extending the known gold-rich system.

In light of these findings and continued exploration success, Goliath has opted to increase its fully funded 2025 drill program from 40,000 to 60,000 meters. This decision is aimed at fully uncovering the extent of the Surebet system and assessing its Reduced Intrusion Related Gold (RIRG) potential. The recent discoveries at the Golddigger Property highlight the site's substantial prospects for gold extraction, representing a notable advancement in Goliath's exploration initiatives. For further information, visit https://ibn.fm/o5dds.

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