Goliath discovers new deep mothership feeder zone with visible gold and mineralization

From GlobeNewswire: 2024-07-15 07:08:00

Drill hole GD-24-235 has unearthed the “Mothership Feeder Zone” containing abundant visible gold and sulphide mineralization. A new 24.4 meter porphyritic intrusion with visible gold and other minerals has also been discovered, strengthening confidence in the Surebet system’s feeder source. The drill program is off to a promising start with potential for additional discoveries.

Testing is underway on the newly discovered zone with plans for deeper drill holes including a 900 meter hole currently being drilled. GD-24-235, the first drill hole of 2024, has intersected multiple mineralized veins with visible gold, galena, sphalerite, and other minerals. Exciting results confirm the strong potential for further discoveries during the ongoing drill program.

The Surebet discovery at Golddigger property holds promise for additional depth expansion and new discoveries. A Colorado School of Mines study confirms a porphyry feeder source at depth, pointing towards further exploration opportunities. Exceptional metallurgical recoveries and extensive permitted drilling space highlight the project’s potential for gold exploration and expansion.

Drill hole GD-24-235 has revealed highly mineralized veins with visible gold and sulphide mineralization, strengthening belief in the Surebet system’s feeder source. A 12 meter interval of high vein density with multiple quartz-sulphide veins has been observed, with abundant mineralization containing pyrite, sphalerite, and galena. The initial drill hole of 2024 shows promising results for additional discoveries.



Read more at GlobeNewswire: Goliath Discovers New Deep Mothership Feeder Zone At 648