Got , more relogging news, Quinton a good summary ahead of 2025 drill results:
2025-07-07 07:10 ET - News Release
- New sampling and re-logging of drill hole GD-24-280 assayed 8.31 g/t Au over 23.00 meters, including 15.69 g/t Au over 11 meters, including 37.45 g/t Au or 1.20 oz/T over 4 meters in a third rock package within the high-grade gold Bonanza Zone, that also hosts drill hole GD-24-260 that assayed 4.52 g/t AuEq (1.11 oz/T AuEq) Over 39.00 Meters, Including 132.93 g/t AuEq (4.27 oz/T AuEq) Over 10.00 Meters (see news January 13, 2025). These assays reflect gold only (AuEq value in interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received).
Dr. Quinton Hennigh, Geologic & Technical Advisor to Crescat Capital, a strategic investor in Goliath, states: “It is remarkable to watch the Surebet gold system reveal its secrets. Five years ago, the initial target was the low-angle, thick Surebet gold-quartz-sulfide lode. After a couple seasons of drilling, other similar flat gold-quartz-sulfide lodes were discovered stacked beneath Surebet including the remarkable high-grade Bonanza gold-quartz-sulfide lode. In just the past year, recognition of a swarm of near vertical reduced intrusive dikes has added a new twist to the story because these appear to host significant volumes of stockwork gold-quartz-sulfide mineralization, and importantly, point to a direct connection of the Surebet system to an intrusive gold source. Today, the revelation that significant high-grade gold mineralization is hosted by calc-silicate rocks that form the thermal aureole around a deep intrusion adds fuel to that fire. It will be interesting to see where this natural progression of discovery leads us.” |
