Drilling has commenced on the high-grade gold Surebet Discovery with two drills on site and five additional drills arriving shortly, for a total of seven drill rigs to carry out the fully funded 2026 planned drill program. This year's plan targets 50,000 meters of systematic drilling designed to expand the known mineralization laterally and to depth, in order to test the extent of the Surebet discovery as well as the potential location of the Motherlode Feeder Source. The system remains open in multiple directions.
Expansion Drilling Focus Areas
Expansion drilling will focus on extending the footprint of the Bonanza Zone and Golden Gate Zone to the East, Northeast, and Southwest, as well as expanding the Surebet Zone to the West and testing other gold-rich mineralized lodes and veins that remain open, based on the surface expression of the zones observed in outcrop. The Bonanza Zone can be traced on the surface for approximately three kilometers along the north slope, with potential extension of 1.3 kilometers to the Northeast and 600 meters to the Southwest.
The Surebet Zone can be traced on surface for 1.1 kilometers along the north slope and one kilometer along the south slope.
Testing the Motherlode Feeder Source
Additional drilling will be allocated to test a magnetic anomaly in the southwestern part of the system, which is spatially associated with lithological and structural datasets and strongly indicates the presence of a Motherlode causative magmatic intrusion gold feeder source.
A drill core re-logging program is underway, focused on better delineating the gold-rich shear zones and veins based on the improved understanding of the geometry and grade distribution resulting from the updated geological model of the Surebet system that remains open.
Drilling Results and Potential
Every drill hole completed to date (2021 to 2025) within the 1.8 square kilometer Surebet discovery has successfully intersected gold mineralization. These results confirm predictable continuity, grade, and width across five gold-rich zones comprising 46 distinct stacked lodes and veins, all of which remain open for expansion. Visible gold to the naked eye is found in 92 percent of the drill holes to date at the Surebet Discovery, in three distinct rock packages, with the visible gold widespread in the majority of the known lodes and veins. The remarkable continuity, widths, and grades encountered across multiple lodes and veins underscore the significance of this large 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.
TORONTO, June 17, 2026 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) is pleased to report that drilling has commenced at the high-grade gold Surebet discovery on its 100 percent owned Golddigger Property in the Golden Triangle, British Columbia. The fully funded drill program will include approximately 50,000 meters of systematic drilling designed to expand the known mineralization laterally and to depth, as well as test for the Motherlode Magmatic Gold Feeder Source.
