10:40 AM EST, 02/10/2025 (MT Newswires) -- Goliath Resources ( GOTRF ) was at last look down 3% after it reported Monday gold intercepts at the Surebet target within the Golddigger property in British Columbia.

This despite reporting what a statement called "exceptional" gold interceps of 12.03 grams per tonne (g/t) gold equivalent over 10.00 meters, including 19.91 g/t gold equivalent over 6.00 meters, plus a second separate interval assaying 8.59 g/t gold equivalent over 5.00 meters, including 14.26 g/t gold equivalent.

Even as the statement said this "excellent" interval clearly indicates close proximity to a large feeder source at depth believed to be a Reduced Intrusion Related Gold (RIRG) system.

In addition, the statement added, initial assays compiled/modeled for five additional drill holes from the successful 2024 drill program intersected "excellent" gold grades up to 11.66 g/t AuEq (11.13 g/t Au and 17.82 g/t Ag) over 5.97 meter in the shear hosted veins at Surebet, "clearly demonstrating minable widths and grades and exceptional continuity and predictability of this large expanding world-class gold discovery that remains wide open both laterally and to depth with tremendous untapped discovery potential remaining."

Roger Rosmus, founder and CEO of Goliath, said: "We are excited to see such high-grade gold mineralization in the RIRG feeder dykes as well as the consistent continuity and predictability of the high-grade gold mineralization in multiple stacked veins similar to those seen in the world-class more than 10 million-ounce high-grade underground Pogo gold mine," said

ometry of this world-class gold discovery that remains wide open," Rosmus added.

Goliath's share price was down 3% at last look to $2.29 on the TSXV.

Price: 2.26, Change: -0.10, Percent Change: -4.24