09:21 AM EDT, 09/08/2025 (MT Newswires) -- Goliath Resources ( GOTRF ) , which rose 2.65% last Friday, announced Monday additional assay results from its 2025 drill program where drill hole GD-25-328 intersected 18.58 grams per tonne (g/t) gold (Au) over 5.00 meters, including 23.22 g/t Au over 4.00 meters and 30.95 g/t Au or 1.00 oz/t over 3 meters at Surebet Discovery on its 100% controlled Golddigger Property, Golden Triangle, British Columbia.

The company in a statement said 100% of the drill holes completed to date on Surebet have intersected "substantial" quartz-sulphide mineralization and 90% of drill holes completed so far in 2025 contain gold visible to the naked eye (VG-NE) that, it added, "clearly demonstrates the exceptional discovery potential remaining on the property" and "clearly demonstrates the continuity and predictability of this expansive gold-rich system". It noted drilling at the Surebet Discovery hit VG-NE in three distinct rock packages "showing the untapped discovery potential at this remarkable high-grade gold system that remains open".

Goliath Resources ( GOTRF ) said 82 drill holes have been completed for a total of 55,000 meters in 2025, with 33 holes remaining totaling 5,000 meters for a total of up to 115 holes. The 2025 planned campaign is under way and consists of up to 60,000 meters of systematic drilling with 9 drill rigs.

Chief Executive Roger Rosmus said: We are within a few weeks of reaching the end of the drilling campaign. After drilling is completed, our season will last approximately an extra month of logging and then shipping samples for assaying. To date, we have only reported 14 drill holes of the planned up to 115 drill hole program. It's likely that we will have a steady flow of assays to report for the remainder of 2025 and into 2026.

He added: "The team is very motivated and enthusiastic as several of them have never worked on such a remarkable high-grade gold discovery as Surebet. Many of our geological team have not seen as much widespread visible gold to the naked eye in almost every hole during their entire careers at our grassroots discovery. We are very delighted with the progress our team has had and been able to do it safely and effectively, as well as host site visits with strategic investors.

"We wholeheartedly believe that the Surebet discovery is emerging as the most important grassroots high-grade gold discovery in the Golden Triangle since Eskay Creek. To think that only a few years ago Surebet was hidden by receding glaciers, in a short period of time has grown from a mineralized showing into a large high-grade gold discovery, which is a testament to the fantastic work of our entire team and astonishing geological endowment."

Shares of the company closed up $0.06 to $2.32 on Friday on the TSX Venture Exchange.