From GlobeNewswire: 2025-01-29 07:08:00

Goliath Resources Limited has entered into a strategic investment agreement with McEwen Mining Inc., where McEwen Mining will own 3.76% of Goliath’s issued shares. The investment is valued at C$10 million in McEwen Mining shares based on the closing price on January 28, 2025. The Surebet high-grade gold discovery in the Golden Triangle of British Columbia has shown promising results in recent drilling campaigns. McEwen Mining Chairman, Rob McEwen, praised Goliath Resources for their advancements and expressed enthusiasm for this strategic investment. The Golddigger Property, under Goliath’s control, covers an area of 91,518 hectares in the prolific Eskay Rift geological setting. The property boasts excellent infrastructure and proximity to key mining communities. A study by CASERM confirmed an extensive porphyry feeder source for the high-grade gold at Surebet, adding to the property’s appeal. Rein Turna, a qualified person, supervised the technical information related to Goliath Resource Limited’s projects. Goliath Resources is actively exploring precious metal projects in the Golden Triangle of British Columbia, supported by key shareholders such as Crescat Capital, Rob McEwen, and Eric Sprott. For more information, interested parties can contact Goliath Resources directly.



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