Goliath Resources Limited(TSXV:GOT)

Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) is an explorer of precious metals projects in the Golden Triangle of northwestern British Columbia.

Investor website: https://goliathresourcesltd.com/

About

Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) is an explorer of precious metals projects in the Golden Triangle of northwestern British Columbia. The company focuses on high-quality geological settings and safe jurisdictions for mining in Canada. Goliath is known for its discovery of the Surebet, a large high-grade gold system at the Golddigger property, which is 100% controlled by the company. The Golddigger property covers 91,518 hectares and is strategically located near infrastructure and communities, enhancing its mining potential.

Verified company data

Cash position
not discovered
Shares outstanding
177,889,945
Fully diluted shares
204,282,024
Mineral resource
not discovered
Projects
["Lucky Strike Property\n\nGoliath owns a 49% interest in the Lucky Strike property with an option to acquire an additional 51% for a total 100% ownership that covers 31,511 hectares with logging road access. It is within a few kilometres to a major highway, power, rail and only 40 kilometres north of major infrastructure in Terrace BC. The property is located south of Golden Triangle area, and resides within the Skeena Arch, a belt-scale structural corridor associated with significant porphyry and related mineralization.\n\n**Lorne Creek Au-Cu-Ag Porphyry System**\n\nThe newly discovered Lorne Creek Au-Cu-Ag Porphyry System is defined by a 1200 by 1000 metre alteration system, with a significant porphyry outcropping at surface. It is cored by QSP, containing gold bearing chalcopyrite and molybdenite stockwork mineralization. The outcropping porphyry centre at surface contains gold-bearing chalcopyrite and molybdenite stockwork mineralization.\n\n**3D Porphyry Model Measuring 2500 x 1500 x 500 Metres ( [Click Here](https://youtu.be/55Frka7G6Ns)).**\n\n**December 7, 2021 – Luckystrike Video Update ( [Click Here](https://www.youtube.com/watch?v=F55G_TABRzM)).**\n\nThree holes were drilled in August 2019 for a total of 1741 metres. Drill hole LS-19-01 intersected 20.7 meters of 0.39 g/t AuEq, including 3.7m of 1.18 g/t AuEq near surface and Drill hole LS-19-02 intersected 45m of 0.14 g/t Au, 1.35 g/t Ag and 0.05% Cu near surface. The drilling suggest that all three holes intersected a pyritic alteration zone in the porphyry system adjacent to the ore zone (see Lowell & Guilbert, 1970); system remains open.\n\nAll three holes were drilled from the same pad, the details are:\n\n\\* LS-19-01: Drilled to 718 metres, system remains open, Az: 0 (N), Dip: 70\n\\* LS-19-02: Drilled to 501 metres, system remains open, Az: 30 (NE), Dip: 70\n\\* LS-19-03: Drilled to 522 metres, system remains open, Az: 330 deg (NW), Dip: 70\n\nThe Lorne Creek porphyry is situated at the headwaters of Lorne Creek, the most prolific placer creek in the entire district with historical placer gold production of 13,721 troy ounces and nuggets of up to 1.5 ounce gold (1886 – 1940, see BC MINFILE No. 103I204, 103I050 and 103I207). The source of the Lorne Creek placer gold is believed to be attributed to erosion of the gold mineralized bedrock from the headwaters where the Lorne Creek Au-Cu-Mo Monzonite Porphyry System is located.\n\nMapping has highlighted a spatial link between polymetallic Au/Pb/Zn/Cu/Ag veins and Cu-Mo porphyry centre. These veins are coincident with historically documented porphyry related polymetallic veins in Lorne Creek.\n\nAlong the headwaters of Lorne Creek, a series of silt samples were taken during the 2017 season. These returned multi-element anomalies, including copper, molybdenum, and gold values up to 402 ppb. A historic BC MINFILE report (No. 103I027) from this creek reports angular, pyritized and quartz-veined boulders hosted in a molybdenum-rich porphyry environment.\n\n**Gold Source Zone**\n\nA 2017 angular talus sample of a hydrothermal breccia assayed 96.8 grams per tonne gold (3.1 ounces per tonne gold), this sample was taken 65 metres downslope from the newly discovered Gold Source Zone of outcropping hydrothermal breccia ( [link to images](https://goliathresourcesltd.com/nr-l2-august-13-2018-new-zones-on-lucky-strike-drilling-to-commence)). The Gold Source Zone is an epithermal, milky quartz hydrothermal breccia and sheeted vein corridors extend more than 400 metres along an E-W trend and over 200 metres wide and remains open. The trend is highly oxidized with primary sulphide contents ranging typically between 1-5% that are now represented by limonitic voids and boxworks ( [link to video](https://youtu.be/aDsyKWlLCBo)). The recently acquired airborne magnetic data identified a circular feature centered around the Gold Source Zone hydrothermal breccia. The diameter of the circular feature is approximately 1 kilometer and it is located at the confluence of several NE-SW trending magnetic lineaments.\n\nGalena and chalcopyrite mineralization have been observed in outcrop ( [link to video](https://youtu.be/aDsyKWlLCBo)).\n\n**Technical Report**\n\nThe Lucky Strike property was used as Goliath Resources Limited’s qualifying property to complete its reverse-take-over on October 11, 2017. A technical report was prepared and completed in accordance with NI 43-101 Standards of Disclosure for Mineral Projects. A copy of this report can be downloaded [**here**](https://goliathresourcesltd.com/wp-content/uploads/2017/10/Lucky-Strike-Project-NI-43-101-Report.pdf) and also can be found on SEDAR at [**www.sedar.com**](http://www.sedar.com/).","Golddigger\n\nGoliath has an option to acquire 100% of the Golddigger property that covers an area of 23,859 hectares (59,646 acres or 239 square-kilometers) and is in the world class geological setting of the Eskay Rift **( [Link to Map](https://goliathresourcesltd.com/wp-content/uploads/2020/11/GoldenTriangle_new.png))** within the Golden Triangle, British Columbia and within 2 km of the Red Line **( [Link to Map](https://goliathresourcesltd.com/wp-content/uploads/2017/10/Golddigger_Map_rs.pdf))** that is host to multiple world class deposits. The property is on tide water 30 kilometers southeast of Stewart, British Columbia. The Homestake Ridge Deposit (Fury Gold Mines Limited), Dolly Varden Silver Mine (Dolly Varden Silver Corp.), and the Kinskuch Project (Hecla Mining Company) are in close proximity.\n\n**\\*\\* NEW HIGH-GRADE POLYMETALLIC GOLD-SILVER DISCOVERY AT SUREBET ZONE AT GOLDDIGGER PROPERTY\\\\***\n\nThe newly discovered Surebet Zone is characterized by a series of NW-SE trending structures that occur within a package of Hazelton Group sediments underlain by Hazelton volcanics and are within 2 kilometers of the Red Line. LiDAR imagery, drone imagery, and field observations have identified several additional paralleling structures within a 4 square-kilometers area. Geochemical analyses have confirmed high-grade gold-silver polymetallic mineralization within these structures.\n\nMineralization within the Surebet Zone consists of structurally controlled massive, semi-massive, and disseminated sulphides containing Galena, Sphalerite, Pyrrhotite and Pyrite. These lenses occur within broad alteration halos of silica flooded sediments which also contain polymetallic mineralization up to 43.5 meters wide.\n\n**◦ _September 14, 2021 – All 23 diamond drill holes completed to date totaling 4,391 meters have intersected significant widths of quartz-sulphides veining along the entire 1,000 meters strike length demonstrating the robust nature of the Surebet polymetallic Gold-Silver Zone that remains open both along strike and to depth. ( [Click Here For News](https://goliathresourcesltd.com/wp-content/uploads/2021/09/September-14-2021-32.6-Meters-Of-Extensive-Quartz-Sulphide-Mineralization-Drilled-At-Waterfall-Showing.pdf))_**\n\n**◦ _August 30, 2021 – Goliath drills 35.7 Meters grading 6.37 g/t AuEq or 4.46 g/t Au and 122.13 g/t Ag at Surebet Zone ( [Click Here For News](https://goliathresourcesltd.com/wp-content/uploads/2021/08/August_30-2021-Goliath-Drills-35.72-Meters-Grading-6.37-gpt-AuEq.pdf))_**\n\n**◦ _August 6, 2021 Crescat Capital & Dr. Quinton Hennigh Discuss Drilling To Date ( [Crescat Capital YouTube Channel @ 43 minutes 35 seconds](https://youtu.be/QYbQOuUaG5Q?t=2614))_**\n\n**◦ _2020 channel cuts outlined 1000m strike X 500m height X 9.84m width X 10.68 g/t AuEq (7.59 g/t Au) with 1000m inferred down dip extension._**\n\n**◦ _3D Model Video ( [Click Here](https://youtu.be/7yLwYjgF0Jg))_**\n\n_**◦ Drill Target Video ( [Click Here](https://youtu.be/gI6nXk6suJI))**_\n\n**_◦ Detail Compilation/Geological Map Link ( [Click Here](https://goliathresourcesltd.com/wp-content/uploads/2020/12/Surebet_drillplan-with-samples-Dec-3-2020.jpg))_**\n\n**_◦ Regional Compilation/Geological Map Link ( [Click Here](https://goliathresourcesltd.com/wp-content/uploads/2020/11/Surebet_overview_area_geo_20201117_4-1.jpg))_**\n\n**_◦ Surebet Zone – Lidar & 2019 Sample Map ( [Click Here](https://goliathresourcesltd.com/wp-content/uploads/2019/10/Lidar-SureBet-Map.png))_**\n\n**_◦ Presentation Link ( [Click Here](https://goliathresourcesltd.com/wp-content/uploads/2021/09/September-15-2021-BC-Properties-Presentation.pdf))_**\n\nThe Surebet height represents the vertical relief, width and grade are averages based on the extensive channel cuts taken along the 1000m of strike exposed at surface in 2020 that remains open. The 1000m of inferred down dip extent ends at a 40.75 AuEq (29 g/t Au, 340 g/t Ag) grab sample taken from bedrock in 2019.\n\nThe high-grade polymetallic gold-silver structure is surrounded by a halo of strongly silicified mineralized Hazelton group sediments up to 43.5 meters wide that assays less than < 0.5 g/t AuEq and remains open. There is 2000 meters of indicated strike x ~ 800 meters of vertical relief that remains open based on LIDAR imagery, drone imagery, mapping and field observations. On strike 1000 meters to the north is underlain by Hazelton Volcanics where grabs were taken over 400 meters in bedrock assaying up to 1.7 g/t Au and remains open.\n\n**2021 Maiden Drill Campaign Highlights:**\n\n- All 23 diamond drill holes completed to date totaling 4,391 meters have intersected significant widths of quartz-sulphides veining along the entire 1,000 meters strike length of the Surebet Zone; it remains open in all directions\n- GD21-020 intersected 35.7 Meters* of 6.37 g/t AuEq or 4.46 g/t Au and 122.13 g/t Ag at Waterfall Showing, Surebet Zone\n- Drill Pad Map [(Click Here)](https://goliathresourcesltd.com/wp-content/uploads/2021/09/Surebet-Drill-Pad-Map-NR-Sept_14-2021.jpeg)\n- Assays pending on 20 more holes, assays pending [(Link to Core Images)](https://goliathresourcesltd.com/surebet-gd21-001-2-corerack/)\\* The stated lengths in meters are downhole core lengths and not true widths. True widths will be calculated once more drilling can confirm the exact geometry of the quartz-sulphides veining system.\n\n**2020 channel highlights:**\n\n - **Waterfall Main – 13.05 gpt AuEq over 15.1 m true width, including:**\n\n - 22.35 gpt AuEq over 8.0 m\n - 27.34 gpt AuEq over 6.0 m\n - remains open\n - ( [Click to Image](https://goliathresourcesltd.com/wp-content/uploads/2020/11/Surebet_MainWaterfall_11082020.png))\n\n - **Waterfall Lower – 14.11 gpt Au over 10.0 m true width, including:**\n\n - 17.60 gpt AuEq over 8.0 m\n - 21.32 gpt AuEq over 6.0 m\n - 30.55 gpt AuEq over 4.0 m\n - remains open\n - ( [Click to Image](https://goliathresourcesltd.com/wp-content/uploads/2020/12/rsz_surebet_lowerwaterfall_12032020.png))\n\n - **Main Surebet –  6.64 gpt AuEq over 10.9 m true width, including:**\n\n - 7.66 gpt AuEq over 8.4 m\n - ( [Click to Image](https://goliathresourcesltd.com/wp-content/uploads/2020/11/Surebet_MainZone_channel_11082020_V2.png))\n\n - **Cliff Surebet – 40 m wide and remains open:**\n\n - 967.99 gpt AuEq angular float (29.72 oz/t Au & 97.19 oz/t Ag)\n - ( [Click to Image](https://goliathresourcesltd.com/wp-content/uploads/2020/12/rsz_surebet_float_cliff_zone_11072020.png))\n - 5.47 gpt AuEq over 3.0 m chip\n\n**2020 – Surebet Channel Assay Results ( [Click Here](https://goliathresourcesltd.com/wp-content/uploads/2020/12/Surebet-Channel-Chip-Grab-Assay-Results_2020.pdf))**","Bingo\n\nThe Bingo property covers 989 Hectares and is only 10 kilometres from the historic Anyox historic mining camp, smelter and power dam located in the Golden Triangle.\n\nBased on regional mapping, the Bingo property is underlain by Lower Hazelton group volcanic rocks that are in the same stratigraphic unit that hosts Auryn Resources Inc’s Homestake Ridge deposit and Pretium Resources Inc.’s Brucejack deposit. Additionally, the property is located proximal to the unconformity between the Hazelton and Stuhini Group rocks, also known as the “Red Line”, a geological boundary proximal to where many world class deposits are found within the Golden Triangle.\n\nInitial geological observations have confirmed a tremendous untapped potential of this underexplored property. In addition to proximity to the “Red Line”, inter-fingered bimodal volcanics were also observed on the eastern side of the property, similar in appearance to the Iskut River Formation, which hosts the high-grade Eskay Creek deposit.\n\nThe Bingo Discovery Trend discovery made in 2016 is more than 1 km long and up to 140 metres wide and remains open. This discovery was made where bedrock has been exposed due to receding snow-pack.\n\nThe main Bingo discovery zone, known as the “Main Zone”, comprises gossanous, brown-weathering biotite-rich metasedimentary rocks which dip gently to the southwest and are moderately foliated. The horizon contains chalcopyrite-pyrite-covellite bearing quartz veins up to 30 centimeters wide as well as localized disseminations of pyrite and chalcopyrite. Mapping and prospecting in 2017 expanded the known extent of quartz veins and sulphide occurrences to 420 metres long by 320 metres wide. This zone remains open. A bedrock grab sample taken in 2016 assayed up to 7.14 grams per tonne Gold and 1.6% Copper.\n\nA total of 36 rock samples were taken in 2016 from various mineralized outcrops across the property, of which 15 samples (43%) have returned over 1 grams per ton gold up to 7.14 grams per ton, and 19 samples (54%) have returned over 0.1 percent copper up to 1.6 percent.\n\n- [Location Map](https://goliathresourcesltd.com/projects/bingo-property/#1a)\n- [Regional Map](https://goliathresourcesltd.com/projects/bingo-property/#2a)\n- [Property Map](https://goliathresourcesltd.com/projects/bingo-property/#3a)\n- [Photos](https://goliathresourcesltd.com/projects/bingo-property/#5a)\n- [Videos](https://goliathresourcesltd.com/projects/bingo-property/#6a)\n- [Exploration 2016](https://goliathresourcesltd.com/projects/bingo-property/#7a)"]
Leadership
Roger Rosmus, MBA Founder, CEO & Director Mr. Rosmus has over 25 years of investment banking experience in the public and private sector. He has acted as lead on over 30 M&A transactions and through his previuosly owned Exempt Market Dealer (EMD) firm completed many financings. Mr. Rosmus is the Founder & President of Aberdeen Capital Markets Ltd. that provides corporate advice encompassing strategic and operational strategies to private and public companies in multiple sectors. He has owned and operated several businesses in a wide variety of industries. Mr. Rosmus holds an MBA from The University of Western Ontario – Richard Ivey School of Business. Graham C. Warren, CPA, CMA Chief Financial Officer, Corporate Secretary; Director Mr. Warren is a Senior Financial Executive with over 30 years of experience in the mining, oil and gas, environmental, biotech, service and tech sectors both domestically and internationally. He has been involved in numerous financings and M&A transactions for both private and public companies and has guided several companies through the going public process. Mr. Warren has served as CFO and/or Director of numerous public companies. He is a past director of Changfeng Energy Inc., Cordoba Minerals Corp., Exile Resources Inc. and Hanfeng Evergreen Inc. Mr. Warren has had extensive involvement in all facets of organizations including finance, human resources, sales, marketing and operations and has guided boards in their corporate governance obligations. Roger Rosmus, MBA Founder, CEO & Director Mr. Rosmus has over 25 years of investment banking experience in the public and private sector. He has acted as lead on over 30 M&A transactions and through his previuosly owned Exempt Market Dealer (EMD) firm completed many financings. Mr. Rosmus is the Founder & President of Aberdeen Capital Markets Ltd. that provides corporate advice encompassing strategic and operational strategies to private and public companies in multiple sectors. He has owned and operated several businesses in a wide variety of industries. Mr. Rosmus holds an MBA from The University of Western Ontario – Richard Ivey School of Business. Graham C. Warren, CPA, CMA Chief Financial Officer & Corporate Secretary, Director Mr. Warren is a Senior Financial Executive with over 30 years of experience in the mining, oil and gas, environmental, biotech, service and tech sectors both domestically and internationally. He has been involved in numerous financings and M&A transactions for both private and public companies and has guided several companies through the going public process. Mr. Warren has served as CFO and/or Director of numerous public companies. He is a past director of Changfeng Energy Inc., Cordoba Minerals Corp., Exile Resources Inc. and Hanfeng Evergreen Inc. Mr. Warren has had extensive involvement in all facets of organizations including finance, human resources, sales, marketing and operations and has guided boards in their corporate governance obligations. Wayne Isaacs Director (Independent) Mr. Isaacs has a 30 year career on Bay Street specializing in the resource sector both as a corporate executive of resource companies and as an investment banker. This extensive experience has allowed him to successfully seek out and engage and acquire significant resource assets and financing to support exploration, development and mining activities for his operating and investee companies. Mr. Isaacs has been involved as principal in 30 listed companies and has served as a director and / or senior officer of over 35 listed companies. He was the President and Director of Forsys Metals Corp. from 2003 to 2007, a TSX listed company with uranium properties in Namibia, Africa which he managed from start up to in excess of $750 million in market capitalization raising over $70 million to advanced its uranium property from the exploration stage to the production decision stage. Mr. Isaacs is currently a Director of AM Resources Corp. (TSX.V: AMR), a mining company engaged in the exploration of coal, hydrocarbons and gold mining sites located in Colombia. He is a graduate of the University of Western Ontario and has held numerous securities certifications and licenses. Rein Turna, P.Geo Director (Independent) Mr. Rein Turna, P.Geo. is a consulting geologist with over 40 years experience in mineral exploration in British Columbia, Ontario, Saskatchewan, Yukon and Northwest Territories. He is a registered professional geologist with the Association of Professional Engineers and Geoscientists of British Columbia since 1993. Mr. Turna has held staff and consulting positions with mining companies including Placer Dome Inc., Falconbridge Ltd., UMEX Inc., Lac Minerals Ltd. and Osisko Hammond Reef Gold Ltd. He has managed exploration programs for porphyry, volcanogenic massive sulphide, epithermal and other deposit types. Mr. Turna has also researched and worked on Archean orogenic gold as well as sedex prospects. Alan Edwards, BS, Mining Engineering, MBA Advisor Alan is a highly experienced mining engineer with more than 40 years in the global mining industry, spanning project development, operations, and executive leadership. His expertise spans both open pit and underground mining across gold and base metal assets, with a strong track record in advancing projects from feasibility through to construction and production. He has held several senior technical and operational roles with major mining companies inclusive of Detour Gold Corporation (Joined the BOD primarily to provide operating and technical support to the board and management), Freeport McMoRan (Senior Vice President Operations, managed operations at P.T. Freeport Indonesia mining including the Grasberg open pit and underground mining operations), Kinross Gold Corporation (Vice President Operations where he defined and initiated the Phase 6 expansion of the Fort Knox mine in Alaska, which added 6 years of mine life). Alan is currently serving or has served at the board level, that includes Chairman of mining companies such as Valor Gold, a Seabridge Gold proposed spinout, Entrée Resources Ltd., Mason Resources Corp. (until its acquisition by Hudbay Minerals Inc.), AQM Copper Inc. (until its acquisition by Teck Resources Ltd.), and AuRico Gold Corp. Dr. Quinton Hennigh Technical Advisor Dr. Hennigh is an economic geologist with 25 years of exploration experience, mainly gold related. Early in his career, he explored for major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Newmont Mining Corporation. Dr. Hennigh joined the junior mining sector in 2007 and has been involved with a number of Canadian listed gold companies including Gold Canyon Resources where he led exploration at the Springpole alkaline gold project near Red Lake Ontario, a 5 million ounce gold asset that was recently sold. In 2010, Dr. Hennigh helped start Novo Resources and began assembling its Australian exploration portfolio. Dr. Hennigh obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines. Bill Chornobay Senior Exploration and Corporate Development Consultant Mr. Chornobay a business man with over 30 years experience in negotiations, identifying and acquiring undervalued assets, corporate finance, corporate development, team building, and managing exploration programs in the Americas. He has held Board and Senior Management positions, and has been instrumental in raising over $150 million dollars in the resource sector. Mr. Chornobay is a leader , team and company builder who has provided the overall corporate vision and building blocks that are required to grow successful companies. He has extensive experience in project generation, acquisition, and management of several successful exploration programs resulting in discovery. Mr. Chornobay is a firm believer in the untapped resource potential of Canada and his practical approach , team spirit , vision and project management have a long proven track record of success. A Project Generators 30 Year History 1987 to 2017 Leon Daniels, Ph.D, BSc., BSc. Honours Geology Consulting Geologist Dr. Leon Daniels has extensive exploration and production experience that spans over 35 years. He is the published author of numerous research papers relating to diamonds and associated minerals, and the exploration and development of kimberlites in various areas. Dr. Daniels worked for Falconbridge Exploration, Botswana, evaluating the 180 ha crater facies M1 kimberlite. He also discovered the DK4 kimberlite (the only kimberlite in the Orapa kimberlite field not discovered by De Beers, and more recently co- founded African Diamonds Plc (AIM: AFD), which was subsequently acquired by Lucara Diamond Corp. (TSX: LUC), a Lundin Group of companies in 2010, for $100,000,000. Dr. Leon Daniels is a member of the Australian Institute of Geoscientists.

Verified data last updated: 2026-06-29

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