Goliath Resources Limited, a portfolio company of McEwen Mining Inc., has announced the discovery of six new visible gold occurrences within a 96.5-meter mineralized interval from drill hole GD-25-302 at the Bonanza Zone of its Golddigger Property. Located in British Columbia’s Golden Triangle, this discovery is part of an ongoing drill program targeting a deep magnetic anomaly believed to be linked to the theorized Motherlode source. The drill hole, expected to reach 1,000 meters, has shown mineralization that closely resembles Goliath’s highest-grade intercept to date, significantly extending the known gold-rich system.
In response to these findings and ongoing discoveries, Goliath Resources has decided to expand its fully funded 2025 drill program from 40,000 to 60,000 meters. This expansion aims to unlock the full extent of the Surebet system and explore its Reduced Intrusion Related Gold (RIRG) potential. The Golddigger Property’s recent discoveries underscore the area’s potential for significant gold deposits, attracting attention from investors and industry experts alike.
The implications of these findings are substantial for both Goliath Resources and the mining sector at large. The expansion of the drill program reflects confidence in the property’s potential to yield significant gold quantities, which could have a positive impact on the local economy and the mining industry. For more details on the press release, visit https://ibn.fm/o5dds.
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