Goliath Resources Limited announced that it has reported drill holes results for GD-23-203 from within the Bonanza Shear, the contact between the Hazleton sedimentary and volcanic units. (19.15 meters with up to 1% Visible Gold and 4mm nuggets (Golden Gate Zone - within the volcanics) far exceed the visible gold contained in GD-23-173 that assayed over 1 ounce per tonne gold equivalent within 14.68 AuEq over 26.89 meters, a 394 gm AuEq hole. Comparing GD-23-173 assay results to visible gold and sulphides strongly suggests the pending assays for GD-23-203 and GD-23-197 containing abundant visible gold nuggets up to 4mm in size and extensive sulphides should have significantly higher gold numbers.

GD-23-157, a 485 gm AuEq hole (15.59 troy ounces gram meter AuEq) and 23.00 meters* of 21.08 g/t AuEq (18.95 g/t Au and 95.31 g/t Ag) within the Hazelton Sediments, including 14.00 meters* of 33.75 g/t AuEq ("30.39 g/t Au and 150.42 g/t Ag) and 9 meters of 50.27 g/t AuEq or 1.62 oz/t AuEq (45.27 g/t Au and 225.42 g/t Ag). GD-23-173, a 395 g/t AuEq hole intercepted Visible Gold 14.68 g/t Au Eq (5.81 g/t Au and 719.13 g/t Ag) over 26.89 meters (true width) within the Hazelton Sediment, including 23.89 g/t AuEq(9.40 g/t Au and 1176.14 g/t Ag) over 15.49 meters and 33.02 g/t AuEq.10.97 g/t Au and 1817.34 g/t Ag) over 9.60 meters. Based on the exceptional 2023 assay results announced thus far, management believes the average widths and grades should increase from this year's drill program.

To date 41% of the 96 holes drilled to date in 2023 over a 1.8 square km contain Visible Gold. 100% of these holes have intercepted the Surebet, Bonanza, and/or the Golden Gate Zones; assays are pending. (the "Company" or "Goliath") reported drill holes results forGD-23-203 from within The Bonanza Shear, the Contact between the Hazelton Sediments and Volcanics at its 100% controlled Golddigger Property (the "Property"), Golden Triangle, B.C. Hole GD-23-203 collared from Pad 8 within the Bonanza Shear intersected an extensive mineralized interval composed of sulphide-rich quartz breccia and stockwork from 288.65 to 324.1 meters that included 15.8 meters of abundant Visible Gold from 306.2 to 322 meters.

Selected 2023 Golddigger drill hole assay results. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp where Goliath's project is located such as the Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment on the Homestake Ridge Gold project.