Goliath Reports Up To 8.09 G/T AuEq Over 16.00 Meters, Assays Confirm Gold Mineralization In Expanded Bonanza and Golden Gate Zones On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

Goliath Reports Up To 8.09 G/T AuEq Over 16.00 Meters, Assays Confirm Gold Mineralization In Expanded Bonanza and Golden Gate Zones On High-Grade Gold Surebet Discovery, Golden Triangle, B.C. August 06, 2026 06:06 ET | Source: Goliath Resources Limited

Assay results from multiple gold-rich drill intercepts from 2026 drilling, have confirmed expansion of the Bonanza and Golden Gate Zones that remain open (see Figure 1):

Gold mineralization has been confirmed with assays from drill hole GD-26-417 expanding the Bonanza and Golden Gate zones by 540 meters to the southwest. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza and Golden Gate zones up to 750 meters to the southwest.

Gold mineralization has been confirmed with assays from drill hole GD-26-418 expanding the Bonanza Zone 100 meters to the north and remains open. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza zone up to 200 meters to the north.

Gold mineralization has been confirmed with assays from drill hole GD-26-425 expanding the Bonanza Zone 100 meters to the west and remains open. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza zone up to 200 meters to the west.

Drill hole GD-26-418 had two separate gold mineralization intercepts. The first from Surebet Zone, intercepted 8.09 g/t AuEq over 16.00 m, including 18.39 g/t AuEq over 6.75 meters, including 39.99 g/t AuEq over 1.00 meters and 74.67 g/t AuEq over 1.10 meters in an interval characterized by multiple occurrences of visible gold to the naked eye (VG-NE) hosted in quartz-sulphide stockwork and breccia. The second from Bonanza Zone expansion to the north that assayed 4.42 g/t AuEq over 5.00 meters, including 7.78 g/t AuEq over 2.79 meters, including 23.76 g/t AuEq over 0.90 meters; it remains open. This interval also contains several occurrences of VG-NE hosted in quartz-sulphide veins (see Figure 2a, 2b and 2c).

Drill hole GD-26-417 intersected a newly discovered mineralized zone, that extends over 58.00 meters grading 0.52 g/t Au, including 1.00 g/t Au over 9.00 meters within the southwest extension zone (gold only), a wedge-like intercept that sits between Bonanza & Golden Gate Zones (see image below). Multiple occurrences of VG-NE have been identified within this long interval of frequent tightly spaced quartz-sulphide veins and veinlets located right below the sedimentary-volcanic contact. An additional interval of quartz-sulphide veining containing VG-NE that assayed 2.13 g/t Au over 5.00 meters, including 8.96 g/t Au over 1.00 meters was intercepted lower down and is part of the Golden Gate Zone that remains open (see Figures 3a and 3b).