
Goliath Reports Up To 9.87 G/T Au Over 5.00 Meters, Confirms A 320 Meter Expansion Of Golden Gate Zone to The Northeast, Remains Open, On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.
GlobeNewsWire
Published: Aug 10, 2026, 07:10 PM GMT+9
Sentiment Analysis
Assay results from multiple gold-rich drill intercepts from 2026 drilling have confirmed the expansion of the Golden Gate Zone to the northeast by 320 meters of the previously known gold mineralization; it remains open laterally and at depth (see Figures 1a and 1b).
Drill hole GD-26-414 intersected multiple mineralized intervals belonging to the Surebet and Golden Gate zones.
The Surebet Zone interval assayed 2.81 g/t Au over 4.00 m, including 9.79 g/t Au over 1.00 m part of the Surebet Zone.
This first interval contains multiple occurrences of VG-NE within quartz-sulphide veins and breccias with substantial calc-silicate alteration.
The Golden Gate interval assayed 9.87 g/t Au over 5.00 m, including 65.65 g/t Au over 0.75 m part of the Golden Gate Zone.
This second interval is characterized by several occurrences of VG-NE associated with quartz-sulphide veins containing lenses of semi-massive pyrrhotite, galena, sphalerite, and minor chalcopyrite (see figures 2a and 2b).
For reported assay intervals and AuEq calculation please see QA/QC Section on page 15
Drill hole GD-25-420 extended the Golden Gate Zone by 320 meters to the Northeast.
The interval assayed 6.51 g/t AuEq (6.16 g/t Au and 7.27 g/t Ag) over 5.73 m, including 13.49 g/t AuEq (12.79 g/t Au and 14.12 g/t Ag) over 2.73 m, including 36.27 g/t AuEq (34.43 g/t Au and 35.17 g/t Ag) over 0.97 m consisting of a series of broad quartz-sulphide veins hosted in volcanic rocks where VG-NE occurs in association with semi-massive pyrrhotite, sphalerite, pyrite and galena (see Figure 3).
For reported assay intervals and AuEq calculation please see QA/QC Section on page 15
Visible Gold to the Naked Eye (VG-NE) has been intersected in multiple veins and shear zones from 20 out of 35 holes drilled in 2026 continuing to confirm consistency of gold mineralization within the Surebet vein system that remains open laterally and at depth (see Figures 4a, 4b and 4c).
All drill holes completed during the 2026 drill campaign have intersected quartz-sulphide mineralization which generally corresponds to high-grade gold mineralizat ion.
44 out of 98 planned drill holes have been completed with a total of 23,863 meters drilled in 2026.
The fully funded 2026 planned drill program will include approximately 50,000 meters of systematic drilling with 7 drill rigs designed to expand the known mineralization laterally and to depth in order to test the extent of the Surebet discovery as well as the poten...
Source: GlobeNewsWire
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