Goliath Resources Reports High-Grade Gold Intercept at Surebet Discovery in British Columbia
TL;DR
McEwen's strategic holding Goliath Resources reports exceptional high-grade gold assays, offering investors early exposure to a major new discovery with significant competitive advantage potential.
Goliath Resources drilled 65 holes totaling 45,000 meters, with hole GD-25-337 yielding 10.60 g/t gold over 22.82 meters, including 15.19 g/t over 15.71 meters.
McEwen's commitment to building a regenerative copper mine with carbon neutrality by 2038 advances sustainable mining practices for a better environmental future.
Rob McEwen, who takes a $1 annual salary, has personally invested $205 million in building shareholder value through discoveries like Goliath's high-grade gold find.
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Goliath Resources Limited, a strategic holding of McEwen Inc., has announced assay results from its Surebet discovery on the Golddigger Property in British Columbia's Golden Triangle region. Drill hole GD-25-337 returned 10.60 grams per tonne gold over 22.82 meters, including a higher-grade section of 15.19 g/t Au over 15.71 meters. The results included particularly rich subintervals of 37.28 g/t Au over 3.36 meters and 36.11 g/t Au over 3.08 meters.
To date, Goliath has completed 65 drill holes totaling 45,000 meters during the current season, with approximately 50 holes and 15,000 meters remaining in its program. The company is on track to complete its up to 60,000-meter 2025 drilling program using nine active rigs. Management stated that Surebet continues to deliver exceptional high-grade gold results, reinforcing its potential as one of the most important new discoveries in the Golden Triangle since the renowned Eskay Creek deposit.
The significance of these results extends beyond the immediate project, as high-grade gold discoveries in established mining districts like the Golden Triangle can signal substantial untapped mineral potential. The Golden Triangle has historically been one of Canada's most productive mining regions, and new discoveries help maintain its status as a world-class mining jurisdiction. For investors and the mining industry, such results from strategic holdings like Goliath Resources, which is partially owned by McEwen Inc., demonstrate the ongoing potential for significant mineral discoveries in well-explored regions.
The full press release detailing these results is available at https://ibn.fm/PfKa3. These drilling results are important because they contribute to the understanding of the mineral potential in the Golden Triangle and may influence investment decisions in the mining sector. High-grade intercepts of this magnitude can significantly impact resource estimates and project valuations, potentially leading to increased mining activity and economic development in the region.
Curated from InvestorBrandNetwork (IBN)
