Goliath Resources (TSXV: GOT; OTC: GOTRF) has reported some excellent assays from the first three holes drilled at its 100% controlled Golddigger polymetallic property in British Columbia’s Golden Triangle.
The company’s first drill campaign is underway at the Surebet zone, where Hole DG21-003 intersected 35.7 metres grading 4.46 g/t gold and 122.13 g/t silver, or 6.37 g/t gold-equivalent. Within that intersection was included 4.5 metres grading 24.97 g/t gold and 458.1 g/t silver. The hole cut two more intersections: 5 metres grading 3.55 g/t gold and 275.36 g/t silver and 6.1 metres at 2.95 g/t gold and 71.15 g/t silver.
Hole GD21-002 returned 13.5 metres grading 1.35 g/t gold and 67.27 g/t silver, including 5 metres at 2.83 g/t gold and 70.29 g/t silver.
The first hole, GD21-001, returned 11.36 metres grading 2.03 g/t gold and 27.71 g/t silver, including 3.1 metres of 6.17 g/t gold and 54.07 g/t silver.
The Surebet zone outcrops along a 1-km strike length and extends downdip to over 1,000 metres.
All intersections are downhole lengths, and assays revealed the presence of copper, zinc and lead.
Goliath says there are two drill rigs tracing the extent of the Surebet gold-silver zone along strike. A recently completed magnetics and electromagnetics survey indicated what may be large area of pyrrhotite. The same survey also revealed the boundary of a likely major intrusive body to the west and several offshoot dykes around the known Surebet mineralization.
Additional drilling is planned for the Waterfall, Main, Central West, Northwest and Real Deal showings at Surebet. Goliath has modified the current drill program to focus on step-back holes testing the mineralized structure down dip at the Real Deal showing 800 metres west of Surebet. If successful, this would extend the down dip depth by about 1,000 metres.
Click here to watch a 3-minute video about the Golddigger project.
April 18, 2024
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