Goliath Resources Limited reported drill holes results for GD-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. Sulphide mineralization consists of patches, stockworks and disseminated galena (1%), sphalerite (2%), pyrrhotite (2%) and minor chalcopyrite. The mineralized interval is hosted in strongly altered siltstones and the mineralization is observed in quartz-chlorite veins and veinlets characteristic of the deposit style observed within the Golddigger property.

Assays are currently pending. Hole GD-23-157 collared from Cliff Pad within the Golden Gate Feeder Zone (500 m north of Pad A), intercepted Visible Gold mineralization containing 23 meters of 21.08 g/t AuEq (18.95 g/t Au and 95.31 g/t Ag) including 14.00 meters of 33.75 g/t AuEq (30.39 g/t Au and 150.42 g/t Ag) and 9.00 meters of 50.27 g/t AuEq (45.27 g/t Au and 225.42 g/t Ag). The hole drilled through a sedimentary package consisting of interbedded mudstones and sandstones, crosscut by several dykes of intermediate composition.

A multitude of sulfide and gold-rich quartz veins and breccias were intersected, which were hosted in altered siltstone characteristic of the Surebet Zone. The observed alteration style consists of chloritization in veins and silicification extending from vein margins within the host rock, consistently with previous high-grade occurrences from the Surebet Zone. Sulfide mineralization ranges from stockwork to semi-massive pyrrhotite, sphalerite, galena ± chalcopyrite and is particularly pronounced from 129 to 131 meters and 136 to 137 meters.

The shallowest occurrence of Visible Gold was identified at 119 meter depth, associated with patchy pyrrhotite mineralization. Eleven further Visible Gold occurrences were observed between 129 and 139 meters. The intercept is interpreted to be the Surebet Zone and is one of five mineralized intercepts intersected in this hole.

Hole GD-23-173 collared from Cliff Pad, intersecting Visible Gold and abundant sulphide mineralization hosted in quartz stockwork and quartz breccia veins in 2 intervals. The Surebet Zone from 45.11 to 72 meters as well as the Bonanza Shear from 466 to 455.27 meters. The main mineralized intercept (Surebet Zone) consists of more than 1 oz/t AuEq (10.97 g/t Au and 1817.34 g/t Ag) over 9.60 meters within 23.89 g/t AuEq (9.40 g/t Au and 1176.14 g/t Ag) over 15.49 meters within 14.68 g/t AuEq (5.81 g/t Au and 719.13 g/t Ag) over 26.89 meters.

Assays are currently pending for the deeper intersect that corresponds to the Bonanza Shear and shows the presence of Visible Gold and abundant sulphide mineralization present as semi-massive and stringer galena, sphalerite, pyrrhotite and chalcopyrite. Mineralization is observed as semi-massive to stringer pyrrhotite (up to 5%), sphalerite (up to 2%), disseminated to patchy galena (<1% but consistent throughout the interval) and minor chalcopyrite (<1%). Seven occurrences of Visible Gold were observed through the Surebet Zone intercept, reaching sizes up to 0.7 mm.

The deeper Bonanza Shear intercept is hosted in sheared mudstones and extends from 446 to 455.27 meters, where mineralization consists of disseminated to semi-massive pyrrhotite (1%) and galena, sphalerite and chalcopyrite that show <1% abundance over the interval length but are concentrated in local quartz veins. Visible Gold was identified at 447.4 meters depth associated with sulphides. Hole GD-23-197 collared from Pad 16 within the Golden Gate Feeder Zone (600 m north of Pad A) intersected three outcropping quartz-chlorite-sulphide mineralized shear zones.

The first zone occurs within the mudstones from 396 to 398 meters and is interpreted to be part of the Surebet Zone, the second occurs from 418.1 to 422 meters and is most likely part of the Bonanza Shear. A third new zone named the Golden Gate Zone only 20 meters below the Bonanza Shear, has been identified within the underlying Hazelton Volcanics between 442.85 and 462.00 meters representing a 19.15 meter interval (~true width) where multiple sheeted veins/shears ranging in thickness from 3 centimeters to 2.2 meters were intercepted, containing abundant Visible Gold (up to 1%) nuggets up to 4mm in size, sphalerite (up to 10%), galena (up to 5%), chalcopyrite (up to 3%), pyrrhotite (up to 20%) and pyrite (up to 20%). All the occurrences of Visible Gold to date have been identified within quartz-breccia and veins in contact with or in close proximity to sphalerite and/or galena mineralization.

The occurrence of visible gold has previously been independently confirmed in 2022 by the Colorado School of Mines with whom the Company is collaborating on a project aimed at determining the origin and evolution of the gold mineralizing fluids at Surebet.