Goliath Resources Reports Major High-Grade Gold Drill Results at Surebet

January 20, 2026 – Goliath Resources Ltd. (TSX-V: GOT) has announced a substantial set of drill results from its 2025 exploration campaign at the Surebet gold discovery on the Golddigger Property in British Columbia’s prolific Golden Triangle. These results highlight multiple high-grade gold intersections, including standout intercepts such as 19.13 grams per tonne (g/t) gold over 6.10 metres — continues to demonstrate strong mineral continuity across several large zones that remain open for expansion.

Overview of New Drill Results

In its latest press release, Goliath Resources provided details from the final 70 drill holes of the 2025 campaign that have now been assayed for gold only. At the same time, assays for an additional 110 holes are still pending multi-element results, which will be compiled and released as soon as complete.

The recently reported results illustrate not only the high grade of gold mineralization encountered, but also the strong continuity and thickness of the mineralized zones. A remarkable 100% of all drill holes completed to date have intersected gold mineralization, reinforcing the size and potential of the Surebet discovery.

Gold Only Assays Provide Early High-Grade Data

The 70 holes reported so far were assayed exclusively for gold. These assays show highly encouraging grades and widths in multiple parts of the mineralized system. The pending multi-element assays — which will include silver, copper, lead, and zinc — are expected to increase the reported metal content when converted to gold equivalent (AuEq) values.

Of the holes drilled in the 2025 program, 83 out of 110 (76%) contained visible gold that can be seen with the naked eye (VG-NE), underscoring the exceptional nature of the system. This observation is significant because visible gold in drill core often correlates with high gold grades and suggests robust continuity of high-grade mineralization.

Significant Intercepts Highlight Five Main Mineralized Zones

The Surebet system comprises five major gold-rich zones — including the Bonanza, Surebet, Golden Gate, Whopper, and Eldorado zones — which together contain 46 distinct mineralized lodes. All of these zones remain open for expansion both laterally and at depth, and the new results have significantly expanded the known extent of gold mineralization.

Drill Hole Highlights

Below are some of the key intersections from the most recent set of drill holes that were part of the 2025 drilling campaign (approximately true widths):

• GD-25-319: Intersected 19.13 g/t Au over 6.10 metres, including 22.86 g/t Au over 5.10 metres and 29.09 g/t Au over 4.00 metres in quartz-sulphide veins. This interval was part of the Golden Gate Zone and contained multiple occurrences of visible gold.
• GD-25-405: Intersected 10.58 g/t Au over 8.30 metres, including 14.04 g/t Au over 6.25 metres and 15.50 g/t Au over 5.60 metres in brecciated quartz-sulphide structures within the Bonanza Zone.
• GD-25-312: Returned 10.56 g/t Au over 3.70 metres from the Surebet Zone — a consistent mineralized corridor in the system.
• GD-25-345: Intersected 4.47 g/t Au over 6.00 metres, including 6.68 g/t Au over 4.00 metres and 7.93 g/t Au over 3.36 metres from the Golden Gate Zone.
• GD-25-330: Returned 7.48 g/t Au over 3.55 metres in quartz-sulphide veins with visible gold, also in the Golden Gate Zone.
• GD-25-326: Intersected 8.57 g/t Au over 3.00 metres in the Surebet Zone.
• GD-25-401: Hit 4.89 g/t Au over 5.00 metres and 2.96 g/t Au over 8.89 metres in the Surebet Zone.
• GD-25-349: Returned 5.50 g/t Au over 4.00 metres, including 7.34 g/t Au over 3.00 metres, from the Bonanza Zone.

These results, spread across multiple zones, confirm not only the high grades encountered but also the widespread distribution of mineralization throughout the Surebet system.

Five Main Zones with Extensive Mineralized Footprint

The updated geological model presented by Goliath identifies five main gold-rich zones within the Surebet discovery, each with distinct geological and mineralization characteristics. Collectively, these zones contain 46 mineralized lodes and remain open for growth.

The Bonanza Zone

One of the most compelling zones at Surebet, the Bonanza Zone shows multiple high-grade intercepts along a strike length of several kilometres. The zone’s geometry and strong quartz-sulphide veining make it a prime target for continued drill expansion.

The Surebet Zone

As its namesake suggests, the Surebet Zone forms the central portion of the discovery and continues to deliver consistent intercepts. Drilling here showcases the continuity of mineralization at depth and laterally.

The Golden Gate Zone

This large zone extends over a broad structural corridor and has delivered some of the most impressive high-grade intercepts in the recent drill results. Its complex network of quartz-sulphide veins continues to deliver visible gold and strong assay values.

The Whopper and Eldorado Zones

While not as extensively drilled or reported on yet, both the Whopper and Eldorado Zones are part of the same mineralized system. They have shown encouraging intercepts and, like the other zones, remain open for expansion.

Pending Assays and Future Plans

Goliath Resources is fully funded for its 2026 drill program, which will concentrate on expanding the known mineralization and vectoring toward the potential source of the gold system — often referred to as the “Motherlode.”

The company is currently compiling and interpreting data from both the completed gold-only assays and the pending multi-element assays. Once the remaining 110 holes are fully analyzed, Goliath expects to release updated gold equivalent results that incorporate silver, copper, lead, and zinc into the overall metal content.

Management has emphasized that visible gold in core samples has been widespread throughout the drilling to date — which supports confidence in both grade and continuity. Using geological modeling and detailed structural analysis, the team expects to define more targeted areas for deeper drilling and potential expansion of the known zones.

Why These Results Matter

The combination of high grades, consistent visible gold, and the broad geographic footprint of mineralization makes the Surebet discovery one of the most exciting gold exploration stories in the Golden Triangle. As the pending assays are released and converted to gold equivalent values, investors and analysts will gain a clearer picture of the total metal potential of the system.

Expanding mineralization in all five primary zones suggests a large, multi-component gold system — one that could support a future resource and potentially economic development. The ongoing work will focus on deeper targets, lateral extensions, and identifying the geological drivers of mineralization that could lead to even more significant discoveries.

Conclusion

In summary, Goliath Resources’ 2025 drilling campaign has delivered several high-grade gold intersections, including the standout 19.13 g/t Au over 6.10 metres result. These results expand the extent of known mineralization in multiple structural zones that remain open for further growth. With pending assays and a fully funded 2026 program ahead, the company is poised to continue unlocking the potential of the Surebet discovery in British Columbia’s renowned Golden Triangle.

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