Goliath Resources Advances Golddigger Property Exploration with Underground Adit Development

Goliath Resources Ltd. is advancing its exploration efforts at the Golddigger property in British Columbia's Golden Triangle by engaging JDS Energy & Mining Inc. to evaluate the development of an underground exploration adit. The proposed underground access point will target the Bonanza Zone, an area characterized by high-grade, gently dipping gold mineralization. This strategic initiative aims to enable more efficient year-round underground drilling, provide geological confirmation, and potentially conduct bulk sampling to better assess the economic potential of the mineralized zone.

Recent drilling results underscore the project's significant potential, with drill hole GD-24-260 returning an impressive 34.52 g/t gold equivalent (AuEq) over 39 meters, including intervals exceeding 130 g/t AuEq. These exceptional results highlight the high-grade nature of the mineralization at the Bonanza Zone and justify the investment in underground infrastructure development. The underground access will allow for more targeted exploration and sampling activities that are not feasible through surface drilling alone.

By developing an underground access point, Goliath Resources can potentially improve its understanding of the geological structures and mineral deposits within the Golddigger property. This approach allows for more precise exploration and assessment of the site's economic viability, moving beyond surface-level investigations to obtain three-dimensional data about the mineralization patterns and continuity. The underground environment provides direct access to mineralized zones, enabling detailed geological mapping, structural analysis, and collection of large-scale samples for metallurgical testing.

The project is situated in the Golden Triangle, a region in British Columbia known for its significant mineral potential and hosting several major mining operations. The advanced exploration strategy demonstrates the company's commitment to methodical and comprehensive resource evaluation, which could ultimately translate into more efficient and targeted mining operations if the project advances to production. The underground adit development represents a significant step forward in the property's exploration timeline, potentially accelerating the understanding of the deposit's geometry and characteristics while providing year-round access for exploration activities regardless of surface weather conditions.