Goliath Resources Ltd. is pleased to announce it has closed its previously announced non-brokered private placement of 2,597,403 charity flow-through units at a price of $1.155 per CFT Unit for aggregate gross proceeds of $3,000,000 . Mr. Rob McEwen increased his ownership in the Company by doubling his position to more than 5% on a partially diluted basis . Crescat Capital LLC , Goliath's largest shareholder, and a [...]
"To me, these are opportune times" In this in-depth Goldinvest.de interview with mining legend, Goldcorp founder and McEwen Mining CEO, Rob McEwen, we talk about the state of the mining industry and the need for change in the industry to attract sufficient funding in the future so that it can continue to fulfill its vital role in modern society. Rob also tells us why he invests in the junior mining/exploration sector and [...]
Drill Highlights: GD-23-170 collared from Pad 16 intercepted numerous occurrences of Visible Gold, as well as strong sulphides mineralization in quartz-stockwork and veins corresponding with the Bonanza Shear and Surebet Zone that remain wide open: The Bonanza Shear interval consists of 9.40 g/t AuEq over 7.00 meters including 12.74 g/t AuEq over 5.15 meters and 19.81 g/t AuEq over 3.30 meters; The Surebet Zone interval [...]
Drill Highlights: GD-23-180 collared from Pad 16 intercepted numerous occurrences of Visible Gold, as well as strong sulphides mineralization in quartz-stockwork and veins corresponding with the Bonanza Shear that remains open which is hosted between the Hazelton Sediments above and Volcanics below: Highest-grade interval intersected so far on the property with a 513 gram*meter AuEq result; Multiple elongated Visible Gold [...]
Goliath Resources Ltd. wishes to welcome Mr. Rein Turna to the Board of Directors. Mr. Jean Lafleur has resigned from the board due to personal and other significant work commitments. We would like to thank Mr. Lafleur for his insightful contributions and wish him well in all his endeavours. Mr. Rein Turna, P.Geo. is a consulting geologist with over 40 years experience in mineral exploration in British Columbia, Ontario [...]
Drill Highlights: GD-23-197 is collared from Pad 16 within the newly discovered Golden Gate Zone and hosted within the Hazelton-Volcanics 20 meters below the Bonanza Shear containing abundant visible gold mineralization. GD-23-197 drilled from Pad 16, assayed 9 meters of 34.03 g/t AuEq or 1.09 oz/t AuEq within 21 meters of 14.83 g/t AuEq ; within 27 meters 11.60 g/t AuEq , . Photos accompanying this announcement are [...]
2023 HIGHLIGHTS: Goliath significantly increased this years program from 18,000 to over 34,000 meters from 124 holes, for a cumulative total of over 65,000 meters of diamond drilling from 234 holes completed to date at its 100% controlled Golddigger Property; assays are pending on 116 holes drilled in 2023. The Golddigger drill program successfully expanded the mineralized footprint of the Surebet discovery from 1.6 km2 [...]
Goliath Resources Ltd. is pleased to announce it has closed $4,484,384 in the second and final tranche of the previously announced non-brokered private placement , for aggregate gross proceeds of $8,600,000 raised in total. Mr. Rob McEwen and Crescat Capital LLC completed their strategic investments in the first tranche which closed on October 2, 2023. Goliath welcomes a new 9.9% partially diluted strategic institutional [...]
Goliath Resources Ltd. is pleased to report Mr. Rob McEwen and Crescat Capital LLC have completed their strategic investments in Goliath. They both participated in tranche one of the announced non-brokered private placement that was upsized to $8,600,000 from $5,000,000. Gross proceeds from tranche one totaled $4,115,616 and the second and the final tranche of up to ~$4,484,384 gross proceeds is scheduled to close on or [...]
Goliath Resources Ltd. is pleased to report it has upsized the previously announced non-brokered private placement has been upsized to a total of $8,600,000. Mr. Rob McEwen and Crescat Capital LLC have both agreed to make a strategic investment in Goliath through this placement. Based on the exceptional drilling results during the 2023 season, Goliath successfully secured a total of 6 diamond drill rigs and expanded the [...]
Goliath Resources Ltd. is pleased to report Mr. Rob McEwen and Crescat Capital LLC have both agreed to make a strategic investment in Goliath through a non-brokered private placement. It is scheduled to close on or before September 29, 2023. Based on the exceptional drilling results during the 2023 season, Goliath successfully secured a total of 6 diamond drill rigs and expanded the program from 18,000 to ~34,000 meters [...]
Drill Highlights: GD-23-226 intercepted a 23.65 meter* interval containing abundant Visible Gold included within 30.98 meters of wide strongly mineralized quartz breccia and stockwork. This intercept corresponds to the Surebet Zone that is hosted within the Hazelton Sediments. Mineralization consists of galena, sphalerite, pyrrhotite and minor chalcopyrite . Accompanying infographics are available at [...]
