Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE:
B4IF) (the
“Company” or
“Goliath”) is focused on further expanding its new
high-grade gold Surebet discovery at its 100% controlled Golddigger
Property that covers an area of 64,264 hectares (158,800 acres).
It’s located in a world class geological setting of the Eskay Rift
within the prolific Golden Triangle of British Columbia and within
3 kilometers of the ‘Red Line’ that is host to multiple world class
gold deposits.
Goliath has completed over 65,000 meters of
diamond drilling to date. It has confirmed a 1.8 square kilometer
area that hosts multiple highly mineralized stacked zones
containing Bonanza Gold grades that remains open. It has
exceptional metallurgy with gold recoveries of 92.2% inclusive of
48.8% free gold from gravity alone (no deleterious materials; no
cyanide or leaching required for gold recovery).
To learn more about Goliath’s exciting new
discovery, we would like to cordially invite you to visit us at the
AME Roundup Core Shack, Booth # 819 on Wednesday, January 24 (9:00
AM – 4:00 PM) and Thursday, January 25, 2023 (9:00 AM – 2:30 PM).
The event is being held at the Exhibit Hall - Vancouver Convention
Centre East Building (1055 Canada Place, Vancouver, B.C.). In case
you are unable to see us at the core shack, please visit us at
Booth # 1005 as Goliath will also be exhibiting all 4 days at the
AME Roundup, Monday, January 22 – Thursday, January 25, 2024.
In addition, Steve Israel, PhD a partner at
Archer, Cathro & Associates (1981) Limited (“Archer Cathro”),
will be giving a Goliath technical presentation at the AME Roundup
Thursday morning, January 25 (between 9:00 AM - 11:30 AM) in Ball
Room A during the BC, Yukon and Alaska session. Archer Cathro is an
independent geological consulting firm, specializing in exploration
and engineering focused on the Yukon and Northern British Columbia
from the grassroots level through to resource definition. For more
company information visit: https://archercathro.com/about
Other Mining Conferences - Vancouver,
January 2024
Vancouver Resource Investment Conference (VRIC),
Goliath’s Booth # 434. The event is being held at the Vancouver
Convention Centre West Building (1055 Canada Place, Vancouver,
B.C.) on Sunday, January 21 – Monday, January 22, 2023 (10:00 AM –
5:00 PM). The Company will also be providing a corporate
presentation on Sunday, January 21 (11:00 AM).
Metals Investor Forum Vancouver, Goliath has a
booth and will also be presenting. The event is being held at
Fairmont Pacific Rim (1038 Canada Place, Vancouver, B.C.) on
Friday, January 19 – Saturday, January 20 (9:00 AM – 4:30 PM).
About the AME Roundup Conference
Hosted by explorers for explorers, AME’s annual Roundup
conference is the mineral exploration industry’s premier
opportunity to connect, exchange ideas and inspire new exploration
projects: Projects that are critical to a strong economic recovery,
supplying materials for a climate-smart future, and sustaining
vibrant regional communities for generations to come. For tickets
and more information please visit: https://roundup.amebc.ca/
About the Vancouver Resource Investment
Conference
The Vancouver Resource Investment Conference has been the
epicentre of junior mining investment in Canada for 25 years and
attracts over 5,000 mining investors annually. Over 300 junior
mining companies will gather in Vancouver, British Columbia to
showcase exploration and production of the most critical
commodities the world needs to move forward in the 21st century.
For tickets and more information please visit:
https://cambridgehouse.com/vancouver-resource-investment-conference
About the Metals Investor Forum Vancouver
Join Eric Coffin of HRA Advisories, Joe Mazumdar of Exploration
Insights, Gwen Preston of Resource Maven, Brien Lundin of the Gold
Newsletter, Jeff Clark of Paydirt Prospector, Brian Leni of Junior
Stock Review, John Kaiser of Kaiser Research Online, Chen Lin of
What is Chen Buying? What is Chen Selling?, Peter Krauth of The
Silver Stock Investor, Greg McCoach of The Mining Speculator,
Robert Sinn (trader & portfolio manager) and Jordan Roy-Byrne,
of The Daily Gold for this exclusive event at the Fairmont Pacific
Rim, Vancouver, Canada.
The best way to make money in this industry is to learn about
great companies before the other guys. That's what the Metals
Investor Forum is all about. Unlike other resource investor
conferences, the Metals Investor Forum brings you a curated list of
companies followed by one or more of the newsletter editors that
host it. For tickets and more information please visit:
https://metalsinvestorforum.com/conferences/metals-investor-forum-january-2024/
About the Golddigger
Property
The Golddigger Property is 100 % controlled
covering an area of an area of 64,264 hectares (158,800 acres) and
is in the world class geological setting of the Eskay Rift within
the Golden Triangle of British Columbia and within 3 kilometers of
the ‘Red Line’ that is host to multiple world class deposits. With
over 65,000 meters of diamond drilling in aggregate to date at the
newly discovered Surebet Zone, the Company has confirmed an area of
1.8 square kilometers of multiple highly mineralized stacked zones
containing Bonanza gold grades that remains open.
The Surebet discovery has exceptional metallurgy
with gold recoveries of 92.2% inclusive of 48.8% free gold from
gravity alone at a 327-micrometer crush (no deleterious elements
and no cyanide required to recover the gold based on metallurgical
work completed to date).
It is in an excellent location close in
proximity to the communities of Alice Arm and Kitsault where there
is a permitted mill site on private property. It is situated on
tide water with direct barge access to Prince Rupert (190
kilometers via the Observatory inlet/Portland inlet). The town of
Kitsault is accessible by road (190 kilometers from Terrace, 300
kilometers from Prince Rupert) and has a barge landing, dock, and
infrastructure capable of housing at least 300 people, including
high-tension power. Additional infrastructure in the area includes
the Dolly Varden Silver Mine Road (only 7 kilometers to the East of
the Surebet discovery) with direct road access to Alice Arm barge
landing (18 kilometers to the south of the Surebet discovery) and
high-tension power (25 kilometers to the East of Surebet
discovery).
The city of Terrace (population 16,000) provides
access to railway, major highways, and airport with supplies (food,
fuel, lumber, etc.), while the town of Prince Rupert (population
12,000) is located on the west coast and houses an international
container seaport also with direct access to railway and an airport
with supplies.
The Company has granted a total of 681,250
options for a five year period to certain consultants, management
and board members priced at $0.85.
Qualified PersonRein Turna P.
Geo is the qualified person as defined by National Instrument
43-101, for Goliath Resource Limited projects, and supervised the
preparation of, and has reviewed and approved, the technical
information in this release.
About Goliath Resources
Limited
Goliath Resources Limited is an explorer of
precious metals in the prolific Golden Triangle of northwestern
British Columbia and Abitibi Greenstone Belt of Quebec. All its
projects are in world class geological settings and geopolitical
safe jurisdictions amenable to mining in Canada. The new high-grade
gold Surebet discovery at its 100% controlled Golddigger Property
located in the prolific Golden Triangle, British Columbia is its
flagship project.
For more information please
contact: Goliath Resources Limited Mr. Roger
Rosmus Founder and CEO Tel:
+1-416-488-2887roger@goliathresources.com
www.goliathresourcesltd.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange), nor the OTCQB Venture Market
accepts responsibility for the adequacy or accuracy of this
release.
Certain statements contained in this press
release constitute forward-looking information. These statements
relate to future events or future performance. The use of any of
the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements
relating to matters that are not historical facts are intended to
identify forward-looking information and are based on Goliath’s
current belief or assumptions as to the outcome and timing of such
future events. Actual future results may differ materially. In
particular, this release contains forward-looking information
relating to, among other things, the ability of the Company to
complete financings and its ability to build value for its
shareholders as it develops its mining properties. Various
assumptions or factors are typically applied in drawing conclusions
or making the forecasts or projections set out in forward-looking
information. Those assumptions and factors are based on information
currently available to Goliath. Although such statements are based
on management's reasonable assumptions, there can be no assurance
that the proposed transactions will occur, or that if the proposed
transactions do occur, will be completed on the terms described
above.
The forward-looking information contained in
this release is made as of the date hereof and Goliath is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
This announcement does not constitute an offer,
invitation, or recommendation to subscribe for or purchase any
securities and neither this announcement nor anything contained in
it shall form the basis of any contract or commitment. In
particular, this announcement does not constitute an offer to sell,
or a solicitation of an offer to buy, securities in the United
States, or in any other jurisdiction in which such an offer would
be illegal.
The securities referred to herein have not been
and will not be will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”), or
any state securities laws and may not be offered or sold within the
United States or to or for the account or benefit of a U.S. person
(as defined in Regulation S under the U.S. Securities Act) unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available.
NOT FOR DISSEMINATION IN THE UNITED
STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT
CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED
HEREIN.
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