Goliath Resources – Relogged Hole 280, In 3rd Type of Rock Package At The Bonanza Zone, Returns 8.31 g/t Au Over 23 Meters – Roadmap For Future Exploration
Roger Rosmus, Founder, CEO, & Director of Goliath Resources (TSX.V: GOT) (OTCQB: GOTRF), joins me to review the news out July 7th that announced the re-logging of drill hole GD-24-280 assayed 8.31 g/t Au over 23.00 meters, including 15.69 g/t Au over 11 meters, including 37.45 g/t Au or 1.20 oz/T over 4 meters in a third rock package within the high-grade gold Bonanza Zone and Surebet Discovery on the Golddigger Property located in the Golden Triangle of British Columbia. This leads to a larger discussion about prior press releases related to the overall 75 hole relogging program, and then the early visual results from the ongoing, 60,000 meters of new drilling, which will be the largest exploration program to date.
The increase to this year’s early exploration focus on relogging these holes is in light of the newly discovered widespread abundant visible gold seen with the naked eye in multiple reduced intrusion related gold (RIRG) dykes, as well as in the calc-silicate altered breccia which now means there is gold in 3 distinct rock pages on the property. Roger describes the news release from back on June 23rd as really being the roadmap of what to expect as anticipated previously drill holes of interest and highlights a number of holes that are pending assays back from the lab. This re-logging initiative of core drilled between 2021 – 2024 is significantly expanding the area of strong gold potential, and takes the number of holes that have now intercepted ‘visible gold’ up to 94%.
Then we shifted over to the larger 60,000 meter drill program that is currently underway and still at the early stages, but Roger highlights the press release from July 2nd, where dill hole# GD-25-302 intersected 6 occurrences of gold visible to the naked eye within a 96.50 meter mineralized interval from 89.50 meters to 186.00 meters within sulphide rich calc-silicate veins in altered andesite with high density veining. This hole is still in progress and is the first deep hole drilled on Surebet designed to go to a depth of 1,000 meters to test the area believed to have strong potential to contain the Motherlode magmatic source responsible for the 1.8 km2 area of high-grade gold mineralization that remains wide open at the Surebet Discovery; assays are pending for drill hole GD-25-302.
There will be a flood of assays coming in from both the relogging initiative, as well as the new holes being drilled this season, so click on the link down below to follow along with all the news from the Company as it hits the newswires.
If you have any questions for Roger about Goliath Resources, then please email me at Shad@kereport.com and then we’ll get those answered or covered in a future interviews.
- In full disclosure, Shad is a shareholder of Goliath Resources at the time of this recording and may choose to buy or sell shares at any time.
