Goliath Intercepts The Highest Concentration Of Visible Gold To Date At Surebet Where 66% Of 2024 Drill Holes Contain Visible Gold, Discovers New Deep Mineralized Zone 1.2 Km Below Surface, Remains Open, And Significantly Expands Drilling To 36,000 Meters

Surebet Drill Highlights:

Treasure Island Highlights:

TORONTO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report the highest concentration of Visible Gold to date drilled on the Surebet discovery at its 100% controlled Golddigger Property (the “Property”), Golden Triangle, B.C. The intercept from drill hole GD-24-260 intersected the Bonanza Zone between 533.90 – 547.00 meters that remains open which includes the highest concentration of visible gold to date with a vein-hosted band of semi-massive pyrrhotite, sphalerite and minor galena and suggests this structure is a principal conduit for gold-depositing fluids and is likely close to the heat engine driving this system that remains open. In addition, the new Deep Zone discovered at 1,239 meters below surface contains multiple quartz veins with chalcopyrite, galena and sphalerite demonstrating the tremendous additional untapped discovery potential of the Surebet system that remains wide open. Assays are pending.