12:40 PM EDT, 06/03/2024 (MT Newswires) -- Goliath Resources ( GOTRF ) on Monday said it mobilized for its 2024 exploration-drilling campaign at its Golddigger Project in British Columbia's Golden Triangle region.
The company plans 15,000 meters of diamond drilling including three maiden drill programs at the site.
In 2023 86 holes of 92 intercepted significant widths of high-grade gold over a 1.8 square kilometer area at the Surebet target.
"We feel this additional data has significantly increased our understanding of the highly mineralized Surebet Discovery that will help us vector in on drilling into the feeder source of this large 1.8 square kilometre area of mineralization. In addition, there will be three maiden drill campaigns at newly discovered high-grade targets exposed at surface. These new drill targets include Jackpot which is believed to be an extension/possible feeder source of Surebet, plus two VMS type targets far to the north on the Golddigger's Cambria Icefields, Treasure Island and Full Contact." chief executive Roger Rosmus said in a release.
Goliath shares were last seen up $0.03 to $0.98 on the TSX Venture Exchange.
Price: 0.98, Change: +0.03, Percent Change: +3.16