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Goliath Reports Numerous High-Grade Intercepts Including 24.16 g/t AuEq Over 7.00 Meters, Grade Values Increased By 19.6 % In 56 Gold Equivalent Drill Results, And Expands Vast Stacked Vein System At Surebet Discovery, Golden Triangle, B.C.

  • Accounting for Silver, Copper, Lead and Zinc within these 56 drill hole results, Goliath reports an average 19.6 % increase in overall grade values from these previously announced Gold only assays, with numerous high-grade intercepts including 24.16 g/t AuEq over 7.00 meters. Across all 110 drill holes completed during the 2025 season, this polymetallic contribution is an average increase of 16.5% in overall grade values from the Gold only assays.
  • 92,000 meters of drilling completed in four drilling seasons (2021-2024) on the Surebet Discovery resulted in the modeling of a vast stacked vein system. The 2025 drilling season alone with more than 64,000 meters of drilling has expanded the modelled stacked vein system that remains open; over 156,000 meters drilled to date. This demonstrates the continuity of this high-grade gold system and the remaining untapped expansion potential of the Surebet discovery for 2026 and beyond. 3D Model Video (Click Here).
  • Dr. Quinton Hennigh, Geologic & Technical Advisor to Crescat Capital, a strategic investor in Goliath, states: “At the start of the 2025 Surebet drill campaign, the objectives were clear: continue to expand the known lode system and systematically drill areas with high-grade mineralization to better define these key areas. With all assay results now in hand, we can easily say these objectives were met. The current Surebet lode model is significantly expanded compared to last year, and the definition of high-grade regions within each lode is now much clearer. The key take away from this year's drilling is that the system continues to display considerable opportunity for expansion. I have noticed that the most successful discoveries are ones that continue to expand and improve over time which is certainly the case at Surebet."
  • Metallurgical testing conducted on a composite core sample through a combination of simple gravity and flotation resulted in notable recoveries of 92.2% for Gold, 86.5% for Silver, 94.2% for Lead and 96.9% for Zinc. Recoveries with a crush size of 327 micrometer through simple and cost-effective gravity alone amounted to 48.8% for Gold and 10.3% for Silver (no cyanide leaching required to recover the gold and silver). The metallurgy completed to date shows a benign rock composition without deleterious elements (see news release March 1, 2023).
  • Of the holes drilled during the 2025 campaign, 83 out of 110 holes (or 76%) contained visible gold to the naked eye (VG-NE). 355 out of 386 drill holes representing 92% of holes drilled to date at Surebet contain VG-NE.
  • 100% of the drill holes completed to date on Surebet have intersected gold mineralization clearly demonstrating desirable continuity, grades, and widths inclusive of over 1,500 pierce points within 5 Main Gold-Rich Zones comprising 46 mineralized lodes that remain open for expansion.
  • 100% of the drill holes completed to date on the Surebet Discovery have intersected substantial quartz-sulphide mineralization.
  • The desirable continuity, widths and grades demonstrated by drilling in multiple lodes shows this extensive 1.8 km2 gold system continues to demonstrate the potential to become one of the most significant gold discoveries in British Columbia’s Golden Triangle in many years. The positive results received to date will help vector in on drilling targets that remain open for expansion potential.
  • High-grade gold has been identified in three distinct rock packages discovered to date at the Surebet Discovery. This includes the gently dipping gold-rich stacked quartz-sulphide breccias/stockwork veins; the gold-rich intermediate to felsic Eocene-aged dykes; and the recently discovered broad gold-rich zones of calc-silicate altered breccia. All mineralized rock types contain substantial amounts of VG-NE (from fine-grained to coarse-grained gold) and remain open for expansion. This confirms the presence of a Motherlode magmatic source nearby, a causative intrusion responsible for the extensive 1.8 km2 high-grade gold system at Surebet.
  • The fully funded 2026 drill program will be mainly focused on expanding the 5 Main Mineralized Zones. Data compilation and interpretation is underway which will be used to vector in on the indicated Motherlode causative intrusive source to this extensive high-grade gold system with widespread VG-NE that remains open for expansion.

GOLD-EQUIVALENT DRILL HIGHLIGHTS (for complete details see Table 2 below):

  • Drill hole GD-24-280 (a 2024 hole relogged in 2025) intersected several intervals up to:
    • 24.16 g/t AuEq (24.05 g/t Au and 5.78 g/t Ag) over 7.00 meters, within 17.32 g/t AuEq (17.24 g/t Au and 4.28 g/t Ag) over 10.00 meters, within 8.35 g/t AuEq (8.31 g/t Au and 2.30 g/t Ag) over 23.00 meters in the Bonanza Zone.
  • Drill hole GD-25-319 intersected several intervals up to:
    • 30.06 g/t AuEq (29.09 g/t Au and 53.55 g/t Ag) over 4.00 meters, within 11.14 g/t AuEq (10.76 g/t Au and 20.30 g/t Ag) over 10.95 meters, within 9.48 g/t AuEq (9.15 g/t Au and 17.36 g/t Ag) over 12.90 meters from the Golden Gate Zone.
  • Drill hole GD-25-405 intersected a couple intervals up to:
    • 21.33 g/t AuEq (21.09 g/t Au and 5.14 g/t Ag) over 3.75 meters, within 10.74 g/t AuEq (10.60 g/t Au and 3.35 g/t Ag) over 8.30 meters, within 8.66 g/t AuEq (8.55 g/t Au and 2.82 g/t Ag) over 10.30 meters from the Golden Gate Zone.
  • Drill hole GD-25-332 intersected a couple intervals up to:
    • 20.67 g/t AuEq (19.87 g/t Au and 33.97 g/t Ag) over 3.87 meters, within 13.93 g/t AuEq (13.38 g/t Au and 23.43 g/t Ag) over 5.75 meters from the Eldorado Zone.
  • Drill hole GD-25-321 intersected:
    • 5.24 g/t AuEq (4.78 g/t Au and 19.67 g/t Ag) over 13.00 meters, within 3.40 g/t AuEq (3.10 g/t Au and 12.44 g/t Ag) over 21.00 meters, within 2.51 g/t AuEq (2.29 g/t Au and 9.24 g/t Ag) over 29.00 meters from the Golden Gate Zone.
  • Drill hole GD-24-254 (a 2024 hole relogged in 2025) intersected numerous intervals up to:
    • 14.81 g/t AuEq (13.83 g/t Au and 33.19 g/t Ag) over 4.00 meters, within 5.85 g/t AuEq (5.47 g/t Au and 12.96 g/t Ag) over 11.17 meters, within 4.93 g/t AuEq (4.61 g/t Au and 11.00 g/t Ag) over 13.30 meters from the Golden Gate Zone.
  • Drill hole GD-25-383 intersected:
    • 7.33 g/t AuEq (7.28 g/t Au and 2.67 g/t Ag) over 8.00 meters, within 4.32 g/t AuEq (4.29 g/t Au and 1.79 g/t Ag) over 14.10 meters, within 3.62 g/t AuEq (3.59 g/t Au and 1.56 g/t Ag) over 17 meters from an Eocene-aged Dyke.
  • Drill hole GD-25-311 intersected several intervals up to:
    • 15.19 g/t AuEq (15.13 g/t Au and 1.78 g/t Ag) over 3.00 meters, within 11.24 g/t AuEq (11.20 g/t Au and 1.36 g/t Ag) over 4.07 meters from the Golden Gate Zone.
  • Drill hole GD-25-359 intersected a couple of intervals up to:
    • 9.04 g/t AuEq (4.05 g/t Au and 269.16 g/t Ag) over 5.00 meters from the Surebet Zone.
  • Drill hole GD-25-334 intersected numerous intervals up to:
  • Assay results from the recently completed 64,364 meters of drilling have significantly expanded the extent of the high-grade gold mineralization at the Surebet Discovery that remains open for expansion laterally and at depth. The updated model for the Surebet system, which includes all the 2025 assay results, consists of 5 extensive mineralized zones comprising 46 gold-rich lodes as well as gold-rich Eocene-aged RIRG dykes:

SUREBET DISCOVERY - UPDATED 3D MODEL VIDEO (Click Here)

TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report the completed gold-equivalent assay results for the remaining 56 holes drilled in 2025 at the Surebet Discovery on its 100% controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia. Accounting for Silver, Copper, Lead and Zinc within these 56 drill hole results, Goliath reports an average 19.6% increase in overall grade values from the previously announced Gold only assays (see news January 20, 2026, December 2, 2025, November 17, 2025, October 27, 2025, September 22, 2025, September 8, 2025, August 26, 2025, and July 28, 2025).

Highlights include drill hole GD-24-280 (a 2024 hole relogged in 2025) which intersected 24.16 g/t AuEq (24.05 g/t Au and 5.78 g/t Ag) over 7.00 meters, within 17.32 g/t AuEq (17.24 g/t Au and 4.28 g/t Ag) over 10.00 meters, within 8.35 g/t AuEq (8.31 g/t Au and 2.30 g/t Ag) over 23.00 meters in the Bonanza Zone. Every drill hole completed so far within the 1.8 km2 Surebet discovery, including all 110 holes from the 2025 season, has successfully intersected gold mineralization. These results confirm predictable continuity, grade, and width across 5 Gold-Rich Zones and 46 Distinct Lodes, all of which remain open for expansion. The fully funded 2026 drill program will focus on expanding the 5 Main Mineralized Zones, testing the Motherlode causative intrusive source, and build toward a future resource.

Mr. Roger Rosmus, Founder & CEO of Goliath states: “We are delighted with the substantial increase in grades on a gold equivalent basis (increase of 16.5% with all metals included) in our 110 holes from 2025 as well as the expanded model. It is positive that after 386 holes drilled that the various gently-dipping stacked veins, and vertical dykes, remain open. We believe that we are still likely at the top of the system with a substantial amount of room to grow laterally and at depth. What has clearly emerged from our drilling to date is that an analogue for the gently-dipping stacked veins is the high-grade Pogo Mine in Alaska. Advancing the Surebet high-grade gold discovery, at a time when gold is near record highs, and the majors and mid-tiers have large cash positions on their balance sheets and in need of growth opportunities while there is a dearth of them, puts us in a unique position. I would like to point readers to the images that show the expanded model of the stacked veins and vertical dykes, plus the image with the widespread VG-NE to get a sense of the impressive discovery Surebet is standing at to date and remains wide open for expansion. In addition, I would invite our shareholders and potential shareholders to compare Surebet to other discoveries and believe they will reach the conclusion that Surebet is one of very few such discoveries anywhere in the world. Now we are in the process of compiling all of our data, adjusting our models, doing advanced geological studies at the Colorado School of Mines, to assist our geological team in planning for the upcoming 2026 drilling season. We look forward to mobilizing later this year for our fully-funded 2026 drilling campaign.”

Assay results from the recently concluded 64,364-meter drill program have significantly expanded the high-grade footprint of the Surebet Discovery, which remains open for further growth. An updated geological model incorporating all 2025 data identifies 5 primary mineralized Zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado. Collectively these Zones comprise 46 gold-rich lodes and associated Eocene-aged RIRG dykes.

Table 1: Five main modelled gold rich zones and dykes.

Zone Number of lodes Dimensions Key Intercept Status
Bonanza 5 1.8 km x 1.1 km x 19 m 8.35 g/t AuEq over 23 m Remains Open
Surebet 9 1.2 km x 930 m x 19 m 21.08 g/t AuEq over 23 m Remains Open
Golden Gate 18 1.3 km x 820 m x 14 m 34.52 g/t AuEq over 39 m Remains Open
Whopper 12 800 m x 450 m x 6 m 32.67 g/t AuEq over 4 m Remains Open
Eldorado 2 680 m x 700 m x 5 m 13.93 g/t AuEq over 5.75 m Remains Open
Gold-rich dykes   1.4 km x 890 m x 25 m 12.03 g/t AuEq over 10 m Remains Open


High-grade gold has been identified in three distinct rock packages discovered to date at the Surebet Discovery. This includes the gently dipping gold-rich stacked quartz-sulphide breccias/stockwork veins; the gold-rich intermediate to felsic gold-rich dykes; and the recently discovered broad gold-rich zones of calc-silicate altered breccia. All mineralized rock types contain substantial amounts of VG-NE (from fine-grained to coarse-grained gold) and remain open for expansion. This confirms the presence of a Motherlode magmatic source nearby, a causative intrusion responsible for the extensive 1.8 km2 high-grade gold system at Surebet.

The desirable continuity, widths and grades encountered across multiple lodes underscore the significance of this 1.8 km2 gold system which has the potential to become one of the most significant gold discoveries in British Columbia’s Golden Triangle in many years. Success to date has effectively vectored toward several open targets, providing a firm foundation for further expansion in the 2026 drilling campaign.

Surebet Discovery Highlights

  • 83 out of 110 holes (or 76%) drilled in 2025 contain VG-NE, 100% of holes drilled to date at the Surebet Discovery have intersected substantial quartz-sulphide mineralization. See news releases dated: January 20, 2026, December 2, 2025, November 17, 2025, October 27, 2025, September 22, 2025, September 8, 2025, August 26, 2025, and July 28, 2025.

  • 60 out of 64 holes (or 94%) drilled in 2024 contain VG-NE up to 11.5 mm (7/16 inches) in size, all of which returned high-grade gold. See news releases dated: July 7, 2025, June 23, 2025, January 7, 2025, January 13, 2025, February 10, 2025, February 18, 2025, February 27, 2025, December 12, 2024 and July 30, 2024.

  • 92% of the holes (355 out of 386) drilled to date at Surebet contain VG-NE (see VG-NE heat map above).

  • The best hole drilled to date is GD-24-260 previously reported and has now been modeled from the Golden Gate Zone assayed 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters (see news release dated January 13, 2025). More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

  • The best hole drilled to date from the RIRG Eocene-aged dykes is GD-22-58 that assayed 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters including 19.91 g/t AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters, including 23.82 g/t AuEq (23.47 g/t Au and 30.54 g/t Ag) over 5.00 meters, plus a second separate interval down hole of 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters (see news release dated March 13, 2025). More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

  • The best hole drilled to date from the third distinct rock package consisting of calc-silicate altered breccia is drill hole GD-25-337, which intersected 10.83 g/t AuEq (10.60 g/t Au and 8.04 g/t Ag) over 22.82 meters, including 15.51 g/t AuEq (15.19 g/t Au and 11.14 g/t Ag) over 15.71 meters including 38.71 g/t AuEq or 1.24 oz/t AuEq (37.28 g/t Au 49.80 g/t Ag) over 3.36 meters in the Golden Gate Zone. The intercept is approximately true width. More details on the QA/QC protocol can be found in the section titled “QA/QC Protocol” below.

  • Multiple gently dipping gold-mineralized stacked veins have been identified every year on the Surebet high-grade gold discovery. Recent discoveries include gold-rich RIRG Eocene-aged dykes, Goldilocks Zones where the veins and vertical dykes crosscut (which are characterized by having high-grade gold in two temperature regimes) and recently discovered high-grade gold in a third distinct rock package characterized by calc-silicate altered breccia, which increases potential tonnage and gold content of the high-grade gold system at the Surebet Discovery.

  • The footprint of the mineralization discovered to date at Surebet is 1.8 km2 and remains open in all directions.

  • Thanks to the mountainous topography, mineralization in the veins is exposed on the surface for 2.1 km of strike (1.0 km on the south slope and 1.1 km on the north slope) with a vertical relief of 700 meters.

  • A study completed by the Colorado School of Mines confirms a new interpretation of the ore forming process of high-grade gold mineralization at Surebet and outlines a common magmatic source for the high-grade gold system, now in three distinct rock packages. This gives the Surebet untapped discovery potential to increase tonnage and gold content in the various known rock packages. Until this study, researchers and explorers in the Golden Triangle had not recognized the high-grade gold discovery potential in the Eocene-aged RIRG dykes (see news release March 13, 2025), which is showing the potential that these discoveries could be a geological breakthrough in the Golden Triangle of British Columbia.

  • Goliath has drilled over 156,000 meters encompassing over 1,500 pierce points in the Surebet Discovery located at the Golddigger property between 2021 and 2025.

  • The Surebet Discovery has predictable continuity and good metallurgy. Testing conducted on a composite core sample through a combination of simple gravity and flotation resulted in notable recoveries of 92.2% for Gold, 86.5% for Silver, 94.2% for Lead and 96.9% for Zinc. Recoveries with a crush size of 327 micrometer through simple and cost-effective gravity alone amounted to 48.8% for Gold and 10.3% for Silver (no cyanide leaching required to recover the gold and silver). The metallurgy completed to date shows a benign rock composition without deleterious elements (see news release March 1, 2023).

  • Based on positive grassroots exploration and drill results in recent years, Goliath significantly increased its land package from 66,608 hectares to 91,518 hectares (226,146 acres) and now controls 56 kilometers of key terrain of the Red Line geologic trend providing for additional discovery potential.

  • The Golddigger Property is located on tidewater with a barge route to Prince Rupert (190 km south) and close to infrastructure including the town of Kitsault adjacent to a permitted mine site on private property.

Table 2: Complete gold-equivalent assay results.

Hole ID Interval From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) AuEq (g/t) Zone
GD-24-280_RELOG
 Interval 90.45 100.00 9.55 1.21 1.43 0.00 0.00 0.01 1.24 Bonanza
including 93.73 99.00 5.27 2.10 2.30 0.00 0.00 0.01 2.15
Interval 105.00 128.00 23.00 8.31 2.30 0.00 0.00 0.02 8.35 Bonanza
including 106.00 116.00 10.00 17.24 4.28 0.01 0.00 0.02 17.32
including 106.00 113.00 7.00 24.05 5.78 0.01 0.00 0.02 24.16
and 118.00 126.00 8.00 2.18 0.95 0.00 0.00 0.02 2.21
including 120.96 126.00 5.04 3.25 1.11 0.00 0.00 0.02 3.28
GD-25-319
 Interval 443.80 447.00 3.20 1.22 20.91 0.03 0.58 2.40 2.18 Bonanza
Interval 484.00 487.00 3.00 1.90 2.54 0.01 0.04 0.14 1.98 Golden Gate
including 485.00 486.00 1.00 5.65 6.75 0.01 0.12 0.36 5.87
Interval 510.00 527.00 17.00 1.07 2.24 0.01 0.02 0.09 1.14 Golden Gate
Including 518.00 522.10 4.10 3.20 7.02 0.02 0.08 0.17 3.38
Interval 564.10 577.00 12.90 9.15 17.36 0.02 0.01 0.06 9.48 Golden Gate
including 565.10 576.05 10.95 10.76 20.30 0.02 0.02 0.06 11.14
including 565.10 569.10 4.00 29.09 53.55 0.04 0.04 0.06 30.06
GD-25-405
 Interval 84.00 87.25 3.25 2.47 1.35 0.01 0.01 0.02 2.51 Bonanza
Interval 163.70 174.00 10.30 8.55 2.82 0.01 0.02 0.26 8.66 Golden Gate
including 164.70 173.00 8.30 10.60 3.35 0.01 0.02 0.32 10.74
including 166.75 170.50 3.75 21.09 5.14 0.02 0.03 0.64 21.33
GD-25-332
 Interval 171.25 177.00 5.75 13.38 23.43 0.02 0.50 0.33 13.93 Eldorado
Including 172.24 176.11 3.87 19.87 33.97 0.03 0.73 0.46 20.67
Interval 417.00 423.00 6.00 3.04 4.17 0.01 0.05 0.18 3.17 Bonanza
including 417.00 420.00 3.00 5.90 6.24 0.02 0.09 0.26 6.09
GD-25-321
 Interval 289.00 318.00 29.00 2.29 9.24 0.01 0.17 0.15 2.51 Golden Gate
including 290.00 311.00 21.00 3.10 12.44 0.02 0.23 0.20 3.40
including 290.00 303.00 13.00 4.78 19.67 0.02 0.36 0.31 5.24
including 290.00 294.00 4.00 6.29 4.90 0.00 0.11 0.20 6.44
and 295.00 299.69 4.69 7.03 46.55 0.05 0.83 0.38 8.06
GD-24-254_RELOG
 Interval 109.78 113.59 3.81 2.51 5.12 0.01 0.08 0.08 2.63 Whopper
Interval 373.70 387.00 13.30 4.61 11.00 0.02 0.33 0.35 4.93 Golden Gate
including 374.83 386.00 11.17 5.47 12.96 0.02 0.40 0.42 5.85
including 381.00 385.00 4.00 13.83 33.19 0.05 1.09 1.12 14.81
Interval 422.00 425.03 3.03 4.98 5.59 0.01 0.01 0.01 5.09 Golden Gate
Interval 455.37 458.45 3.08 2.59 9.47 0.03 0.12 0.24 2.84 Golden Gate
Interval 604.00 607.00 3.00 22.41 22.77 0.03 0.03 0.22 22.88 Golden Gate
GD-25-383
 Interval 416.00 433.00 17.00 3.59 1.56 0.00 0.00 0.01 3.62 Dyke
including 417.00 431.10 14.10 4.29 1.79 0.00 0.00 0.01 4.32
Including 417.00 425.00 8.00 7.28 2.67 0.00 0.00 0.01 7.33
GD-25-311
 Interval 183.94 187.05 3.11 2.04 2.84 0.01 0.03 0.16 2.13 Whopper
Interval 277.97 281.02 3.05 3.15 2.17 0.00 0.01 0.03 3.19 Whopper
Interval 361.09 365.10 4.01 2.60 2.43 0.01 0.01 0.10 2.67 Surebet
Interval 580.00 584.07 4.07 11.20 1.36 0.01 0.00 0.03 11.24 Golden Gate
including 580.00 583.00 3.00 15.13 1.78 0.02 0.00 0.03 15.19
GD-25-359
 Interval 174.00 179.00 5.00 4.05 269.16 0.05 1.02 0.92 9.04 Surebet
Interval 193.06 199.15 6.09 1.29 52.95 0.02 0.24 0.14 2.28 Surebet
GD-25-334
 Interval 386.00 389.00 3.00 1.98 0.70 0.01 0.00 0.01 2.01 Bonanza
Interval 400.00 405.00 5.00 2.56 1.17 0.01 0.03 0.03 2.59 Golden Gate
including 402.00 405.00 3.00 3.86 1.52 0.01 0.04 0.04 3.90
Interval 412.00 419.00 7.00 5.88 15.20 0.01 0.37 0.20 6.24 Golden Gate
including 413.00 417.00 4.00 10.18 26.11 0.02 0.64 0.33 10.80
including 413.00 416.00 3.00 13.47 34.53 0.02 0.84 0.44 14.28
GD-25-385
 Interval 138.00 141.00 3.00 3.59 5.58 0.00 0.00 0.01 3.69 Whopper
Interval 253.00 261.00 8.00 3.35 89.72 0.02 1.58 0.54 5.22 Surebet
including 254.00 260.13 6.13 4.36 116.19 0.02 2.05 0.70 6.78
including 256.00 260.13 4.13 6.40 171.78 0.03 3.05 1.03 9.98
GD-25-313
 Interval 527.00 532.50 5.50 6.63 15.09 0.01 0.33 0.25 6.99 Golden Gate
including 528.10 531.50 3.40 10.68 23.91 0.02 0.53 0.39 11.26
GD-25-360
 Interval 98.00 112.00 14.00 2.21 1.73 0.01 0.00 0.02 2.26 Bonanza
including 102.65 110.00 7.35 3.92 2.32 0.01 0.00 0.03 3.97
including 107.00 110.00 3.00 8.50 5.15 0.03 0.01 0.06 8.63
Interval 132.00 135.00 3.00 1.98 1.50 0.01 0.01 0.10 2.04 Golden Gate
GD-25-381
 Interval 264.00 270.15 6.15 2.18 139.57 0.01 0.08 0.13 4.62 Surebet
including 265.00 269.00 4.00 3.32 213.83 0.01 0.12 0.19 7.06
including 265.00 268.00 3.00 4.33 284.48 0.01 0.15 0.25 9.31
GD-25-374
 Interval 378.00 381.95 3.95 6.77 8.23 0.01 0.11 0.36 7.00 Surebet
Interval 388.00 391.00 3.00 1.73 23.64 0.12 0.20 1.05 2.48 Surebet
GD-25-395
 Interval 305.02 316.15 11.13 1.57 18.37 0.02 0.38 0.45 2.04 Surebet
including 311.10 316.15 5.05 2.66 29.40 0.02 0.77 0.84 3.46
GD-25-401
 Interval 51.00 54.00 3.00 2.04 0.72 0.00 0.00 0.01 2.06 Bonanza
Interval 55.96 62.00 6.04 2.07 1.23 0.00 0.00 0.01 2.10 Bonanza
including 57.00 61.11 4.11 3.00 1.62 0.00 0.00 0.01 3.04
GD-25-375
 Interval 218.00 223.25 5.25 1.69 150.53 0.02 2.20 1.15 4.82 Surebet
including 218.00 221.00 3.00 2.84 254.90 0.02 3.74 1.63 8.05
GD-25-326 Interval 299.00 302.00 3.00 8.57 1.84 0.01 0.01 0.11 8.63 Surebet
GD-25-398
 Interval 74.39 80.07 5.68 4.44 0.86 0.01 0.00 0.01 4.46 Golden Gate
including 74.39 79.03 4.64 5.41 1.01 0.01 0.00 0.01 5.44
Interval 132.00 135.00 3.00 2.68 1.04 0.01 0.01 0.02 2.71 Golden Gate
GD-25-367
 Interval 376.00 379.00 3.00 1.97 1.34 0.01 0.01 0.09 2.02 Bonanza
Interval 523.00 527.00 4.00 5.34 8.79 0.02 0.13 0.36 5.60 Golden Gate
including 523.00 526.00 3.00 7.10 11.58 0.03 0.17 0.48 7.44
GD-25-349 Interval 85.00 89.00 4.00 5.50 4.82 0.00 0.00 0.02 5.59 Bonanza
GD-25-335 Interval 236.00 239.00 3.00 3.71 4.82 0.01 0.14 0.08 3.83 Golden Gate
GD-24-266_RELOG Interval 514.00 518.00 4.00 5.40 3.59 0.00 0.00 0.02 5.46 Dyke
GD-25-356 Interval 522.13 526.00 3.87 4.98 11.62 0.02 0.13 0.48 5.31 Golden Gate
GD-25-393 Interval 386.00 390.00 4.00 4.72 0.94 0.00 0.00 0.01 4.74 Dyke
GD-25-366
 Interval 62.05 66.00 3.95 3.34 3.94 0.01 0.07 0.09 3.44 Whopper
Interval 579.00 582.00 3.00 3.78 16.46 0.12 0.26 0.58 4.31 Golden Gate
GD-25-382
 Interval 11.05 15.12 4.07 3.46 1.12 0.01 0.00 0.02 3.49 Golden Gate
Interval 67.00 70.00 3.00 1.95 8.74 0.00 0.00 0.01 2.11 Golden Gate
GD-25-323
 Interval 305.70 315.00 9.30 0.79 4.68 0.01 0.09 1.05 1.11 Surebet
including 306.86 313.05 6.19 1.13 6.20 0.02 0.12 1.55 1.59
Interval 588.80 592.50 3.70 3.71 16.98 0.08 0.10 1.15 4.32 Golden Gate
GD-25-396
 Interval 125.95 131.96 6.01 2.55 0.64 0.01 0.00 0.01 2.57 Bonanza
including 244.00 247.19 3.19 2.47 6.34 0.01 0.02 0.54 2.71
GD-25-406
 Interval 121.00 134.00 13.00 0.48 34.18 0.02 0.18 0.23 1.16 Bonanza
including 122.00 126.00 4.00 1.28 89.05 0.06 0.55 0.72 3.09
Interval 135.00 143.00 8.00 0.92 17.57 0.02 0.08 0.20 1.29 Bonanza
including 138.00 142.00 4.00 1.76 27.07 0.02 0.11 0.37 2.34
GD-25-305
 Interval 240.98 249.00 8.02 1.10 1.03 0.00 0.01 0.02 1.12 Whopper
Interval 259.03 263.00 3.97 2.51 6.34 0.00 0.00 0.02 2.62 Dyke
Interval 583.90 596.00 12.10 1.19 1.73 0.01 0.01 0.02 1.23 Golden Gate
including 587.10 592.97 5.87 2.20 0.31 0.01 0.00 0.02 2.22
GD-25-389
 Interval 125.00 135.00 10.00 1.16 1.30 0.01 0.00 0.01 1.19 Bonanza
Interval 156.00 160.00 4.00 3.57 1.54 0.01 0.00 0.02 3.61 Bonanza
GD-23-102_RELOG Interval 97.00 108.00 11.00 1.13 0.57 0.01 0.00 0.02 1.16 Golden Gate
GD-25-316
 Interval 356.00 363.65 7.65 1.49 4.50 0.01 0.11 0.16 1.63 Surebet
including 357.82 362.50 4.68 2.39 5.60 0.01 0.15 0.24 2.56
GD-23-194_RELOG Interval 510.17 519.00 8.83 1.03 2.58 0.01 0.04 0.34 1.15 Golden Gate
GD-25-344 Interval 215.82 222.23 6.41 1.29 7.87 0.01 0.14 0.10 1.47 Whopper
GD-25-399 Interval 58.5 61.5 3.00 2.71 0.50 0.01 0.00 0.12 2.76 Bonanza
GD-24-267_RELOG Interval 60.74 64.46 3.72 1.58 1.47 0.00 0.00 0.01 1.61 Bonanza
GD-24-260_RELOG Interval 614.00 619.00 5.00 1.11 2.00 0.00 0.00 0.01 1.15 Golden Gate
GD-24-249_RELOG Interval 89.00 92.85 3.85 1.31 0.61 0.01 0.00 0.01 1.33 Bonanza
GD-25-308 Interval 405.00 408.00 3.00 1.55 1.42 0.00 0.00 0.01 1.58 Dyke
GD-23-161_RELOG Interval 244.00 247.00 3.00 1.36 1.96 0.00 0.00 0.03 1.41 Whopper
GD-22-83_RELOG Interval 188.00 191.63 3.63 0.68 13.23 0.00 0.01 0.02 0.91 Dyke
GD-24-255_RELOG Interval 445.00 449.00 4.00 0.65 0.27 0.00 0.00 0.01 0.66 Golden Gate
GD-24-197_RELOG Interval 288.00 293.00 5.00 0.48 1.37 0.00 0.01 0.02 0.51 Dyke
GD-24-283_RELOG Interval 532.30 536.00 3.70 0.57 0.91 0.00 0.00 0.07 0.61 Golden Gate
GD-23-179_RELOG Interval 457.00 462.00 5.00 0.44 0.52 0.00 0.00 0.02 0.45 Dyke
GD-24-294_RELOG Interval 506.00 510.00 4.00 0.48 1.44 0.01 0.03 0.08 0.53 Golden Gate
GD-24-246_RELOG Interval 61.00 69.00 8.00 0.24 0.56 0.00 0.00 0.01 0.25 Dyke
GD-24-293_RELOG Interval 251.00 259.00 8.00 0.23 0.37 0.00 0.00 0.01 0.24 Golden Gate
GD-25-338 Interval 426.00 429.00 3.00 0.80 1.56 0.00 0.01 0.02 0.83 Dyke
GD-25-340 Interval 363.40 370.47 7.07 0.24 1.59 0.00 0.02 0.09 0.29 Bonanza
GD-25-309 Interval 296.03 299.07 3.04 1.72 0.56 0.00 0.00 0.01 1.74 Eldorado
GD-25-346 Interval 221.84 226.00 4.16 1.06 2.01 0.01 0.02 0.05 1.11 Bonanza
GD-25-379 Interval 288.82 292.90 4.08 1.05 8.04 0.02 0.10 0.04 1.23 Surebet
GD-25-339 Interval 634.91 638.12 3.21 1.10 12.38 0.01 0.02 1.04 1.54 Golden Gate
GD-25-369 Interval 667.00 671.00 4.00 0.70 16.76 0.02 0.03 0.67 1.14 Golden Gate
GD-25-336 Interval 228.00 231.00 3.00 1.10 12.62 0.01 0.37 0.42 1.46 Eldorado
GD-25-315 Interval 223.00 226.00 3.00 1.25 2.39 0.03 0.03 0.10 1.34 Golden Gate
GD-25-364 Interval 253.80 257.58 3.78 0.95 2.84 0.00 0.00 0.01 1.01 Whopper
GD-25-408 Interval 172.59 175.77 3.18 0.28 10.30 0.01 0.06 0.67 0.61 Bonanza
GD-25-397 Interval 185.00 188.00 3.00 1.15 2.23 0.01 0.03 0.14 1.23 Bonanza
GD-25-388 Interval 39.00 42.00 3.00 1.16 1.39 0.01 0.00 0.02 1.19 Bonanza
GD-25-384 Interval 257.00 260.00 3.00 0.74 7.32 0.01 0.13 1.23 1.14 Surebet
GD-25-402 Interval 195.12 199.00 3.88 0.80 3.16 0.01 0.05 0.13 0.89 Bonanza
GD-25-392 Interval 144.00 148.00 4.00 0.57 1.66 0.02 0.00 0.01 0.62 Bonanza
GD-25-320 Interval 247.00 251.00 4.00 0.51 0.63 0.01 0.00 0.01 0.53 Golden Gate
GD-25-353 Interval 286.00 289.93 3.93 0.46 0.83 0.01 0.01 0.08 0.51 Golden Gate
GD-25-404 Interval 181.00 186.00 5.00 0.34 0.95 0.00 0.00 0.01 0.36 Bonanza
GD-25-347 Interval 333.00 336.00 3.00 0.58 0.10 0.00 0.00 0.01 0.59 Dyke
GD-24-263_RELOG Interval 491.00 494.00 3.00 0.05 32.43 0.00 0.10 0.02 0.63 Golden Gate
GD-22-74_RELOG Interval 224.00 228.00 4.00 0.43 0.79 0.00 0.01 0.01 0.45 Dyke
GD-22-67_RELOG Interval 269.00 272.86 3.86 0.37 4.52 0.01 0.00 0.01 0.46 Dyke
GD-24-297_RELOG Interval 95.00 98.00 3.00 0.57 0.53 0.00 0.01 0.02 0.59 Golden Gate
GD-24-285_RELOG Interval 326.00 329.10 3.10 0.37 1.30 0.01 0.00 0.01 0.40 Surebet
GD-24-290_RELOG Interval 70.45 73.80 3.35 0.33 1.01 0.00 0.00 0.02 0.35 Bonanza
GD-24-232_RELOG Interval 149.00 152.80 3.80 0.28 0.29 0.00 0.00 0.01 0.29 Dyke
GD-23-183_RELOG Interval 352.00 355.00 3.00 0.25 2.73 0.00 0.03 0.02 0.31 Dyke
GD-23-154_RELOG Interval 166.00 169.10 3.10 0.27 0.37 0.00 0.00 0.01 0.28 Dyke
GD-25-310 Interval 149.00 152.00 3.00 0.40 0.20 0.00 0.00 0.01 0.41 Golden Gate
GD-25-304 Interval 254.00 257.00 3.00 0.24 0.99 0.01 0.03 0.16 0.29 Golden Gate


Table 3: Collar information for drill holes reported in this news release.

Hole ID CRS Easting (m) Northing (m) Elevation (m) Azimuth (deg) Dip (deg) Length (m)
GD-22-67_RELOG NAD83 / UTM zone 9N 457192 6162992 1657 20 60 353
GD-22-74_RELOG NAD83 / UTM zone 9N 457453 6162782 1514 190 65 285
GD-22-83_RELOG NAD83 / UTM zone 9N 457728 6162985 1490 235 48 201
GD-23-102_RELOG NAD83 / UTM zone 9N 457699 6162437 1133 230 65 214
GD-23-154_RELOG NAD83 / UTM zone 9N 456854 6162839 1569 30 85 317
GD-23-161_RELOG NAD83 / UTM zone 9N 457452 6162784 1514 118 55 465
GD-23-179_RELOG NAD83 / UTM zone 9N 457319 6162751 1500 134 60 544
GD-23-183_RELOG NAD83 / UTM zone 9N 457319 6162752 1500 100 65 507
GD-23-194_RELOG NAD83 / UTM zone 9N 457317 6162750 1499 185 55 538
GD-24-197_RELOG NAD83 / UTM zone 9N 457450 6162780 1513 170 80 482
GD-24-232_RELOG NAD83 / UTM zone 9N 457149 6162501 1320 134 50 222
GD-24-246_RELOG NAD83 / UTM zone 9N 457381 6162945 1623 165 88 750
GD-24-249_RELOG NAD83 / UTM zone 9N 457938 6162560 1138 10 80 396
GD-24-254_RELOG NAD83 / UTM zone 9N 457256 6162711 1474 110 74 828
GD-24-255_RELOG NAD83 / UTM zone 9N 457367 6162756 1506 178 72 497
GD-24-260_RELOG NAD83 / UTM zone 9N 457364 6162753 1503 165 55 619
GD-24-263_RELOG NAD83 / UTM zone 9N 457060 6163027 1655 155 71 758
GD-24-266_RELOG NAD83 / UTM zone 9N 457381 6162942 1622 140 73 654
GD-24-267_RELOG NAD83 / UTM zone 9N 457938 6162554 1137 195 60 450
GD-24-280_RELOG NAD83 / UTM zone 9N 457881 6162620 1175 200 55 281
GD-24-283_RELOG NAD83 / UTM zone 9N 457363 6162756 1506 135 55 650
GD-24-285_RELOG NAD83 / UTM zone 9N 457579 6163351 1714 185 55 358
GD-24-290_RELOG NAD83 / UTM zone 9N 457881 6162620 1175 228 73 312
GD-24-293_RELOG NAD83 / UTM zone 9N 457051 6162464 1325 125 65 501
GD-24-294_RELOG NAD83 / UTM zone 9N 457363 6162757 1505 163 60 656
GD-24-297_RELOG NAD83 / UTM zone 9N 457702 6162435 1132 165 55 366
GD-25-304 NAD83 / UTM zone 9N 457214 6162332 1220 320 55 308
GD-25-305 NAD83 / UTM zone 9N 457447 6162774 1513 155 54 687
GD-25-308 NAD83 / UTM zone 9N 457364 6162756 1509 160 67 705
GD-25-309 NAD83 / UTM zone 9N 456710 6162964 1638 295 89 612
GD-25-310 NAD83 / UTM zone 9N 457214 6162332 1219 28 62 509
GD-25-311 NAD83 / UTM zone 9N 457446 6162775 1514 143 65 810
GD-25-313 NAD83 / UTM zone 9N 457325 6162856 1581 167 73 732
GD-25-315 NAD83 / UTM zone 9N 457218 6162331 1219 63 63 486
GD-25-316 NAD83 / UTM zone 9N 456927 6163020 1651 150 76 723
GD-25-319 NAD83 / UTM zone 9N 457365 6162754 1505 141 62 629
GD-25-320 NAD83 / UTM zone 9N 457215 6162328 1219 170 70 367
GD-25-321 NAD83 / UTM zone 9N 457017 6162589 1387 137 64 509
GD-25-323 NAD83 / UTM zone 9N 456927 6163020 1652 90 80 620
GD-25-326 NAD83 / UTM zone 9N 457236 6162867 1586 23 80 734
GD-25-332 NAD83 / UTM zone 9N 456927 6163020 1653 10 75 708
GD-25-334 NAD83 / UTM zone 9N 457228 6162734 1481 128 66 696
GD-25-335 NAD83 / UTM zone 9N 457015 6162587 1387 180 60 498
GD-25-336 NAD83 / UTM zone 9N 456710 6162961 1639 315 75 606
GD-25-338 NAD83 / UTM zone 9N 457445 6162774 1514 173 69 621
GD-25-339 NAD83 / UTM zone 9N 457236 6162865 1586 120 70 792
GD-25-340 NAD83 / UTM zone 9N 456861 6162631 1451 300 55 405
GD-25-344 NAD83 / UTM zone 9N 457319 6162857 1585 265 77 705
GD-25-346 NAD83 / UTM zone 9N 456863 6162632 1452 340 45 471
GD-25-347 NAD83 / UTM zone 9N 456710 6162961 1639 270 65 442
GD-25-349 NAD83 / UTM zone 9N 457817 6162512 1145 50 65 756
GD-25-353 NAD83 / UTM zone 9N 456864 6162633 1453 7 56 501
GD-25-356 NAD83 / UTM zone 9N 457235 6162865 1586 181 71 643
GD-25-359 NAD83 / UTM zone 9N 457414 6163255 1733 65 47 276
GD-25-360 NAD83 / UTM zone 9N 457817 6162507 1144 120 65 507
GD-25-364 NAD83 / UTM zone 9N 457464 6163017 1633 230 80 795
GD-25-366 NAD83 / UTM zone 9N 457399 6162901 1606 211 69 705
GD-25-367 NAD83 / UTM zone 9N 457235 6162864 1585 213 74 651
GD-25-369 NAD83 / UTM zone 9N 457319 6162859 1585 310 85 738
GD-25-374 NAD83 / UTM zone 9N 457040 6162951 1603 99 76 666
GD-25-375 NAD83 / UTM zone 9N 457486 6163164 1706 250 85 747
GD-25-379 NAD83 / UTM zone 9N 457189 6163129 1712 268 85 614
GD-25-381 NAD83 / UTM zone 9N 457511 6163074 1660 115 66 360
GD-25-382 NAD83 / UTM zone 9N 457591 6162372 1119 215 45 160
GD-25-383 NAD83 / UTM zone 9N 457401 6162902 1607 147 66 828
GD-25-384 NAD83 / UTM zone 9N 457233 6162865 1585 255 78 674
GD-25-385 NAD83 / UTM zone 9N 457488 6163163 1705 140 70 504
GD-25-388 NAD83 / UTM zone 9N 457879 6162621 1179 270 65 498
GD-25-389 NAD83 / UTM zone 9N 457849 6162680 1209 170 70 483
GD-25-392 NAD83 / UTM zone 9N 457757 6162595 1200 280 55 423
GD-25-393 NAD83 / UTM zone 9N 457322 6162859 1585 5 68 702
GD-25-395 NAD83 / UTM zone 9N 457402 6162902 1606 105 65 801
GD-25-396 NAD83 / UTM zone 9N 457758 6162596 1201 284 75 274
GD-25-397 NAD83 / UTM zone 9N 457850 6162683 1211 20 75 412
GD-25-398 NAD83 / UTM zone 9N 457596 6162373 1119 140 50 273
GD-25-399 NAD83 / UTM zone 9N 457760 6162596 1201 356 64 288
GD-25-401 NAD83 / UTM zone 9N 457881 6162620 1179 210 80 600
GD-25-402 NAD83 / UTM zone 9N 457972 6162658 1175 292 48 249
GD-25-404 NAD83 / UTM zone 9N 457848 6162684 1211 325 55 348
GD-25-405 NAD83 / UTM zone 9N 457763 6162595 1200 82 75 312
GD-25-406 NAD83 / UTM zone 9N 457973 6162657 1174 281 71 246
GD-25-408 NAD83 / UTM zone 9N 457972 6162655 1177 230 60 219


About Golddigger Property

The Golddigger Property is 100% controlled and covers an area of 91,518 hectares in a highly prospective geological setting of the Eskay Rift, within 3 kilometers of the Red Line in the Golden Triangle of British Columbia. This area, in close proximity to the Red Line, has hosted some of Canada’s greatest gold mines including Eskay Creek, Premier and Snip. Other significant and well-known deposits in the Golden Triangle include Brucejack, Copper Canyon, Galore Creek, Granduc, KSM, Red Chris, and Schaft Creek. Goliath controls 56 kilometers of the Red Line which is a geologic contact between Triassic age Stuhini rocks and Jurassic age Hazelton rocks used as key markers when exploring for gold-copper-silver mineralization.

The Surebet Discovery has predictable continuity and good metallurgy. Testing conducted on a composite core sample through a combination of simple gravity and flotation resulted in notable recoveries of 92.2% for Gold, 86.5% for Silver, 94.2% for Lead and 96.9% for Zinc. Recoveries with a crush size of 327 micrometer through simple and cost-effective gravity alone amounted to 48.8% for Gold and 10.3% for Silver (no cyanide leaching required to recover the gold and silver). The metallurgy completed to date shows a benign rock composition without deleterious elements (see news release March 1, 2023).

The Property is in a well positioned location in close proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tide water with direct barge access to Prince Rupert (190 kilometers via the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometers from Terrace, 300 kilometers from Prince Rupert) and has a barge landing, dock, and infrastructure capable of housing at least 300 people, including high-tension power.

Additional infrastructure in the area includes the Dolly Varden Silver Mine Road (only 7 kilometers to the East of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometers to the south of the Surebet discovery) and high-tension power (25 kilometers to the east of Surebet discovery). The city of Terrace (population 16,000) provides access to railway, major highways, and airport with supplies (food, fuel, lumber, etc.), while the town of Prince Rupert (population 12,000) is located on the West Coast of British Columbia and houses an international container seaport also with direct access to railway and an airport.

Qualified Person

Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resources Limited projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release. Mr. Turna is an Independent Director of the Company.

About CASERM (Center to Advance the Science of Exploration to Reclamation in Mining)

Goliath Resources is a paying member and active supporter of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which is one of the world’s largest research centers in the mining sector. CASERM is a collaborative research venture between Colorado School of Mines and Virginia Tech that is supported by a consortium of mining and exploration companies, analytical instrumentation and software companies, and federal agencies aiming to transform the way geoscience data is acquired and used across the mining value chain. The center forms part of the I-UCRC program of the National Science Foundation. Research focuses on the integration of diverse geoscience data to improve decision making across the mine life cycle, beginning with the exploration for subsurface resources continuing through mine operation as well as closure and environmental remediation. Over the past three years, Goliath Resources’ membership in CASERM has allowed a high level of research to be performed on the Surebet Discovery.

About Goliath Resources Limited

Goliath Resources is an explorer of precious metals projects in the highly prospective Golden Triangle of Northwestern British Columbia. All of its projects are in high quality geological settings and geopolitical safe jurisdictions amenable to mining in Canada. Goliath is a member and active supporter of CASERM which is an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech. In 2025, Goliath completed its largest drill campaign to date for a total of 64,364 meters. It is fully funded for a similar sized drill program in 2026. The Company’s key strategic cornerstone shareholders include Crescat Capital, Waratah Capital Advisors, McEwen Inc. (NYSE: MUX) (TSX: MUX), a Global Commodity Group (Singapore), Rob McEwen, Eric Sprott and Larry Childress.

For more information please contact:

Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1.416.488.2887
roger@goliathresources.com
www.goliathresourcesltd.com

Disclaimer

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

QA/QC Protocol

Oriented HQ-diameter or NQ-diameter diamond drill core from the drill campaign is placed in core boxes by the drill crew contracted by the Company. Core boxes are transported by helicopter to the staging area and then transported by truck to the core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX DepositTM. Drill holes were planned using Leapfrog GeoTM and QGISTM software and data from the 2017-2024 exploration campaigns. Drill core containing quartz breccia, stockwork, veining and/or sulphide(s), or notable alteration is sampled in lengths of 0.5 to 1.5 meters. Core samples are cut lengthwise in half: one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. The bagged samples are then weighed and secured with a zip tie. Certified reference materials (CRMs), blanks and duplicates are added in the sample stream at a rate of 10%. To ensure analytical anonymity, CRM identification labels are removed prior to submission to the laboratory. Additional out-of-sequence blanks are introduced immediately following core samples that contain VG-NE or high-grade sulphide mineralization.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried out at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.

Widths are reported in drill core lengths and the true widths are estimated to be 80-90% and Gold Equivalent (AuEq) metal values are calculated using: 4,932.69 Au USD/oz, Ag 84.916 USD/oz, Cu 6.07 USD/lbs, Pb 1964.45 USD/ton and Zn 3,328.50 USD/ton on February 3rd, 2026. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp where Goliath’s project is located such as the Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment on the Homestake Ridge Gold Project, prepared by Minefill Services Inc. Bothell, Washington, dated May 29, 2020). Here, AuEq values were calculated using 3-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Gold were 85.5%, Silver at 74.6%, Copper at 74.6% and Lead at 45.3%. It will be assumed that Zinc can be recovered with the Copper at the same recovery rate of 74.6%. The quoted reference of metallurgical recoveries is not from Goliath’s Golddigger Project, Surebet Zone mineralization, and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such as in a Feasibility Study can be eventually completed on the Golddigger Project.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Goliath’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the ability of the Company to complete financings and its ability to build value for its shareholders as it develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Goliath. Although such statements are based on management's reasonable assumptions, there can be no assurance that the proposed transactions will occur, or that if the proposed transactions do occur, will be completed on the terms described above.

The forward-looking information contained in this release is made as of the date hereof and Goliath is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.

The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.



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