09:06 AM EDT, 03/13/2025 (MT Newswires) -- Goliath Resources ( GOTRF ) reported Thursday an update on the Surebet discovery within its Golddigger project in British Columbia.

The company said its modeling confirmed that the large gold rich layered system is directly associated to motherlode intrusive source and multiple gold rich feeder dykes that assayed up to 12 grams per tonne of gold equivalent over 10 meters.

The area remains open for expansion, Goliath said. The company added that it intersected 17 feeder dykes in drill holes and/or mapped on surface, of which 13 remain to be tested.

"At the Surebet discovery, we now see compelling evidence of the causative intrusion that generated this remarkable high-grade gold system," said Quinton Hennigh, geologic/technical director of Crescat Capital, a strategic investor in Goliath.

The company said it plans to begin its exploration season in May.

"Drilling this exploration season will look to further expanding the stacked veins and dykes for vectoring into the source of the gold system at the Surebet discovery," Goliath Founder and CEO Roger Rosmus said.