11:49 AM EDT, 07/02/2025 (MT Newswires) -- (Updates shares.)

Goliath Resources ( GOTRF ) on Wednesday said it intersected "abundant" visible gold within a 96.50-meter mineralized interval at the Surebet discovery within the Golddigger property in British Columbia.

The company said drill hole GD-25-302 intersected six occurrences of gold visible to the naked eye. The newly discovered interval extends the footprint of high-grade gold mineralization of the Bonanza zone to the east.

"The visible gold observed with the naked eye in GD-25-302 represents an exciting development at Surebet, demonstrating the continued expansion of our high-grade gold system and providing strong indications of its robust nature and remains wide open in all directions," said chief executive Roger Rosmus.

Goliath plans to complete a 60,000-meter drilling campaign at Golddigger in 2025.

Goliath's share shares were last seen up $0.26 to $2.41 on the TSX Venture Exchange.

Price: 2.42, Change: +0.27, Percent Change: +12.33