Goliath Resources Limited report a summary overview of the diamond drilling of over 34,000 meters from 124 holes and exploration results during the 2023 season at its 100% controlled Golddigger Property, Golden Triangle, British Columbia. Inclusive of this exploration season, there has been over 65,000 meters of diamond drilling to date from 234 holes. Expansion of Surebet Zone-Bonanza ShearFive newly discovered mineralized zones were identified within the Surebet Zone/Bonanza Shear district part of the Golddigger property.

Mineralization in these new prospective domains consists of Surebet-style quartz-sulphide breccias, stockworks and veins with variable amounts of semi-massive to massive, stringers and veinlets of galena, sphalerite and pyrrhotite greatly expanding the footprint of this high-grade gold-silver system. Specifically, the Bonanza Shear has been expanded to the northeast by 1.1 kilometers (outcropping on the western side of the North Slope at Kahuna), south by 1.4 kilometers and southeast by 2.4 kilometers. The Surebet Zone was expanded by 400 meters to southwest along Real Deal.

The mineralized shear zones and veins discovered at Kahuna, Full House, Outpost, Humdinger and Lower Surebet have widths of up to 50 meters and extend on surface for up to 2.5 kilometers. Full House: it consists of a series of stacked E-W trending and N dipping significantly mineralized shear zones sporadically outcropping at surface over 3 kilometers. They are characterized by Surebet-style mineralization with massive to semi-massive galena and sphalerite.

Visible Gold was found in a grab sample on surface that assayed 113.5 g/t Au and 249.0 g/t Ag at the Payday showing, located within the upper portion of the Full House trend. Full House is located 5 km northwest of Surebet and 3.5 km southwest of Goldswarm. All these zones are believed to be closely related and have most likely been mineralized by the same extensive high-grade feeder source located at depth.

Channel cuts, grab samples taken, and two holes were drilled in 2023 at Payday; assays are pending. Kahuna Zone: a new 600 meter strike extension of the mineralized Bonanza Shear 2 kilometers to the northeast of the Surebet Zone along the eastern part of the North Slope. Within the Kahuna zone, two additional new polymetallic quartz-sulphide veins were discovered with up to 10-meter-wide blow-outs containing abundant galena, sphalerite, and chalcopyrite.

Channel cuts, grab samples taken, and five holes were drilled in 2023 and assays are pending. Outpost Zone: multiple polymetallic quartz-sulphide veins, stockworks, and breccias have been discovered within sedimentary and volcanic rocks located 5 kilometers to the southeast of the Surebet Zone. These veins and breccia zones have been traced over 700 meters in outcrop and range between 5 and 50 meters in thickness and remain open.

Channel cuts, grab samples taken, and two holes were drilled in 2023 and assays are pending. Humdinger Zone: the Bonanza Shear was traced for 400 meters on surface southeast of the Surebet Zone and extended towards the west through the Real Deal Zone. It is projected to continue 1.5 kilometers south across the valley under the new Humdinger Zone.

This zone is characterized by multiple polymetallic quartz-sulphide veins and stockwork with a width of approximately 3 meters in the west and increases in width to over 20 meters in the east that remain open in both directions. Channel cuts, grab samples taken, and four holes drilled in 2023 and assays are pending. Lower Surebet on Real Deal fault: the Bonanza Shear was traced 400 meters on surface southwest of the Surebet Zone, extending south along Real Deal.

This zone is characterized by Surebet-style mineralization with galena and sphalerite within multiple polymetallic quartz-sulphide veins and stockwork with a width up to 8 meters and remains open in both directions. Channel cuts, grab samples taken, and four holes drilled in 2023 and assays are pending. Golddigger?s Cambria Icefields Claim Blocks Four new discovered targets have been identified in the recently staked claims on Goliath?s Cambria Icefields Claim Blocks, located between Surebet and the town of Stewart, B.C. They are showing early signs of a strong mineralizing system at play and represent extremely prospective drilling targets for the 2024 season.

The mineralized zones in the northern portion of the Cambria Icefields show geologic indicators of an epithermal deposit, which could connect Treasure Island on the west with Metallica and Heavy Hitter on the east. Testing this hypothesis with the 2024 drilling campaign could result in high-grade epithermal-style mineralization over an area extending for more than 20 km. Treasure Island: it consists of new mineralized bedrock outcrops that have been exposed by glacial melt.

This newly discovered mineralized area shows multiple shear-hosted, polymetallic zones over a 500 meter long NW-SE trend that remains open in all directions. Mineralized domains are up to 20 meters wide with sections of massive chalcopyrite and pyrite occupying shears and forming sulphide-rich mineralization at structural intersections and embayment zones within strongly folded and sheared mudstone, siltstone and tuff units. This discovery is on trend with the past producer Porter Idaho Mine located 6 kilometers to the west.

The area has been channel cut and mapped in preparation for 2024 drilling; assays are pending. Metallica Zone: situated 29 kilometers east of Stewart on the northeast portion of the Cambria Icefields. Multiple oxidized quartz-carbonate veins, stockworks and lenses have been identified within altered andesite.

They contain 1 - 15% sulphides, with zones up to 4 meters wide containing pyrite with lesser chalcopyrite, sphalerite, and galena over a 300 by 400 meter area. It has been channel cut and mapped in preparation for 2024 drilling; assays are ending. Heavy Hitter: the 2023 reconnaissance exploration program discovered a ~500 meters wide by 800 meters long Heavy Hitter zone that remains open in all directions.

Strongly gossanous and silicified zones with over 20% sulphide content hosted in felsic volcanics and pyroclastic rocks, intruded by later mafic and intrusive dykes. Extensive silicification has replaced all original rock textures with drusy and chalcedonic quartz, entrained with abundant fine grained sulphide. Local brecciation with sulphide-rich matrix cuts through the silicified zones and shows local concentrations of Pb, Zn and As.

The widespread presence of chalcedonic quartz, host felsic volcanics and the associated concentration of As suggests the presence of an epithermal deposit.