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Goliath Reports Up To 8.09 G/T AuEq Over 16.00 Meters, Assays Confirm Gold Mineralization In Expanded Bonanza and Golden Gate Zones On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

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  • Goliath Resources Limited confirmed expansion of the Bonanza Zone (100m north, 100m west) & the Golden Gate Zone (540m southwest) via 2026 drill hole GD-26-417, with pending assays potentially extending the Bonanza Zone up to 750m southwest.
  • Drill hole GD-26-418 expanded the Bonanza Zone 100m north (potentially up to 200m pending) & intersected the Surebet Zone with 8.09 g/t AuEq over 16.00m, including a high-grade interval of 74.67 g/t AuEq over 1.10m.
  • Drill hole GD-26-417 intersected a new wedge-like mineralized zone between the Bonanza & Golden Gate zones grading 0.52 g/t Au over 58.00m, plus an interval of 2.13 g/t Au over 5.00m within the Golden Gate Zone.
  • Drill hole GD-26-425 expanded the Bonanza Zone 100m west (potentially up to 200m pending) by intersecting 1.11 g/t Au over 17.20m located below the sedimentary-volcanic contact.
  • Visible gold to the naked eye (VG-NE) was identified in 20 out of 35 holes drilled in 2026, confirming consistency within the Surebet system.
  • The 2026 drill program has completed 35 of 98 planned holes, totaling 19,931 meters, with a fully funded target of approximately 50,000 meters.
  • Expansion drilling will focus on extending the Bonanza & Golden Gate Zones to the East & Northeast, while expanding the Surebet Zone to the West.
  • Directional drilling is being utilized at selected pads to minimize costs while increasing target accuracy.
  • Metallurgical testing on composite core samples achieved 92.2% gold recovery using gravity & flotation circuits, with 48.8% recovery from gravity alone at a 327-micrometer crush size without cyanide.
  • The Golddigger Property controls 91,518 hectares (226,146 acres) & 56 kilometers of the Red Line geologic trend in British Columbia's Golden Triangle.
  • The property benefits from adjacent tidewater access via barge to Prince Rupert (190km) & proximity to infrastructure including the town of Kitsault & high-tension power lines.