Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls four highly prospective properties that include Bingo, Golddigger, Lucky Strike and C...

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Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in t......

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13 days ago

8020 Admin posted a press release Goliath to Commence Geophysical Survey on Its Au-Cu-Mo Porphyry System at Lucky Strike Property & Exploration Team Advancing Its Golddigger Property for Drilling in the Prolific Golden Triangle, B.C. in GOLIATH RESOURCES LIMITED


TORONTO, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Ltd. (TSX-V: GOT) (FSE: B4IE)(OTCQB: GOTRF) (the “Company or “Goliath”); Goliath is pleased to announce based on the positive drill core observations, a high resolution aeromagnetic and radiometric survey will commence on or before Sept 15, 2019 that will cover a large area of highly prospective terrane surrounding the 2019 drilling. This area contains a strong geochemical signature consistent with a Au-Cu-Mo porphyry system. The data from a survey would further assist in delineating additional drill targets designed to outline the full extent of this new Au-Cu-Mo porphyry system that remains open in all directions.


The survey will cover a 40 square kilometre area (4km x 10km) encompassing the new porphyry discovery as well as the highly prospective area to the south, north, west and east of the 3 inaugural holes drilled this season. The Lorne Creek block will be flown in systematic low-level (30 metre) grid pattern with 50 metre line spacing.


LS-19-01 Drill Hole


We wish to update the shareholders regarding the first NQ diameter drill hole # LS-19-01 that is 718 metres in length; it has been logged, split, and the entire hole length has been shipped to the lab for analysis. To view the Lorne Creek preliminary core discussion video –  Click Here.


The Lucky Strike Property


The Lucky Strike Property is 31,511 hectares in size and located 40 kilometers north of Terrace, British Columbia.  It has logging road access and is ~8 kilometers to a major highway, power, rail, and additional infrastructure. For additional information on the Lucky Strike property and the Lorne Creek Au-Cu-Mo Porphyry System – Click Here.


Lucky Strike Property highlights include:



  • A confirmed mineralized Au-Cu-Mo porphyry center is defined by a large 1200 by 700 metre alteration system, that is centralized by quartz-sericite-pyrite alteration (Link to Image). The outcropping porphyry center at surface contains gold-bearing chalcopyrite and molybdenite stockwork mineralization;
    °  The gold, copper, and molybdenum grades from the Lorne Creek Porphyry system are consistent with typical porphyry systems.

  • The Lorne Creek Porphyry Discovery is at the headwaters of Lorne Creek, the most prolific placer gold producer in the district.

  • Historical placer gold calculated production of 13,721 troy ounces and nuggets of up to 1.5 ounces gold (see BC MINFILE No. 103I204, 103I050 and 103I027).

  • Mapping has highlighted a spatial link between polymetallic Au/Pb/Zn/Cu/Ag (Link to Image) veins and Cu-Mo porphyry centers.  These veins are coincident with historically documented porphyry related polymetallic veins in Lorne Creek. Link to samples video (Click Here).

  • Along the headwaters of Lorne Creek, a series of silt samples were taken during the 2017 season. These returned multi-element anomalies, including copper, molybdenum, and gold values up to 406 ppb. An historic BC MINFILE report (No. 103l027) from this creek reports angular, pyritized and quartz-veined boulders hosted in a molybdenum-rich porphyry environment.

  • Hardrock samples taken in 2018 from the outcropping mineralized porphyry centre, stockwork and veining exposed at surface had grades up to 2.95 g/t Au, 133 g/t Ag, 4.5% Cu and 0.34% Mo.

  • The Lorne Creek Porphyry System is located within a larger known porphyry belt.


The Golddigger Property


In addition to the geophysical and radiometric survey contract being signed, Goliath’s reconnaissance exploration team has commenced exploration on its Golddigger property focused on delineating drill targets. This program is planned to be completed in September. The Golddigger property covers 14,220 hectares and is located on tide water 30 kilometres south east of Stewart, British Columbia in the Golden Triangle. The exploration team is focused on expanding the dataset (channel cuts, sampling & mapping) at its newly discovered Red Line Corridor and GoldSwarm Breccia Zones in preparation for drilling in 2020. Link to property video (Click Here).


Golddigger Property highlights include:



  • Within two kilometres of the unconformity between Lower Hazelton and Stuhini rocks, also known as the “Red Line”, the key location where the vast majority of major deposits have been found within the Golden Triangle (link to map);

  • Grabs up to 113.50 g/t Au 249.00 g/t Ag;

  • 0.55 m Channel grading 29.70 g/t Au and 14.30 g/t Ag (link to image);

  • 0.40 m Channel grading 25.10 g/t Au and 126.00 g/t Ag (link to image);

  • 0.50 m Chip grading 47.50 g/t Au and 272.00 g/t Ag (link to image);

  • 0.50 m Chip grading 24.50 g/t Au and 77.10 g/t Ag (link to image).


Mr. Roger Rosmus, CEO and Director of Goliath states: “This discovery has attracted interest from many senior mining companies. With positive assay results, the Lorne Creek Au-Cu-Mo Porphyry System could quickly evolve into the next big porphyry discovery that is close to existing infrastructure. We are extremely encouraged that all three holes have widely disseminated sulphides from surface to end of each hole drilled. We look forward to reporting our 2019 drilling results.”


Qualified Person
Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.


For more information please contact:


Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1.416.488.2887 x222
roger@goliathresources.com
www.goliathresourcesltd.com


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


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Media Relations posted an update in GOLIATH RESOURCES LIMITED

21 days ago

Goliath Resources Drilling 2019 Video

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Media Relations posted an update in GOLIATH RESOURCES LIMITED

21 days ago

Lorne Creek Au-Cu-Mo Porphyry System Preliminary Modeling - August 26, 2019

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8020 Admin

21 days ago

8020 Admin posted a press release Goliath Completes Three Holes Totaling 1741 Metres Containing Widespread Sulphides; This Newly Discovered Au-Cu-Mo Monzonite Porphyry System Remains Open in GOLIATH RESOURCES LIMITED


TORONTO, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Ltd. (TSX-V: GOT) (FSE: B4IE)(OTCQB: GOTRF) (the Company or “Goliath”) is very pleased to announce that it has successfully completed three drill holes for a total of 1741 metres from its inaugural diamond drilling program at its newly discovered Lorne Creek Au-Cu-Mo Large Porphyry System. All three diamond drill holes have confirmed the presence of widespread sulphide mineralization, including key alteration, textures and geologic units consistent with a porphyry system from the surface and to the bottom of all drill holes, the system remains open.


The Lorne Creek porphyry is located within its 100% controlled Lucky Strike Property, located in northwestern British Columbia and in the surrounding area to the Golden Triangle. There is significant infrastructure close by (rail, power, paved highway with logging road access), and near the city of Terrace, BC.


Drilling & Property Highlights include:


*  Three holes drilled for a total of 1741 metres, all contained widespread sulphide mineralization from the surface to bottom of each hole;
*  Drilling hole LS-19-01 confirmed the porphyry system’s depth to at least 718 metres, it remains open;
*  The porphyry system remains open in all three holes; and
*  3D preliminary video model of all three drill holes - Click Here.


The inaugural exploration drilling totaled 1741 meters, all three holes contained widespread sulphides from collar to termination at 718 metres, 501 metres, and 522 metres respectively that all remain open. These early results exceeded expectations confirming the presence of a robust porphyry system that remains open and under-explored, we look forward to receiving assay results and future a follow up drill program.


All three holes were drilled from the same pad, the details are:


*  LS-19-01: Drilled to 718 metres, system remains open, Az: 0 (N), Dip: 70
*  LS-19-02: Drilled to 501 metres, system remains open, Az: 30 (NE), Dip: 70
*  LS-19-03: Drilled to 500 metres, system remains open, Az: 330 deg (NW), Dip: 70


Web link to a video of drilling the Discovery Hole # LS-01-19, at the large Lorne Creek Au-Cu-Mo Porphyry System – Click Here


Based on the limitations of the existing drill rig, deep drilling past 500 metres was very slow and costly. The management and the technical team agreed the best use of capital would be to drill two additional ~500 metres holes and apply the savings to fly a low cover high resolution magnetic survey once the drill rig has been demobilized. Based on the positive drill core observations, a high-resolution magnetic survey is being planned that would cover a large area of highly prospective terrane surrounding the 2019 drilling. This area contains a strong geochemical signature consistent with a Au-Cu-Mo porphyry system. The data from this survey would further assist in delineating additional future drill targets designed to outline the full extent of this new Au-Cu-Mo porphyry system.


The objective of this inaugural drill program was to begin tracing out this newly discovered Au-Cu-Mo porphyry system to depth and was successful based on the results announced today. A video link to the target model can be viewed by Clicking Here. The drill core from all three holes is currently being logged and split in preparation for shipment to the lab for assays.  The results will be released once received, interpreted and compiled.


The Lucky Strike Property is 31,511 hectares in size and located 40 kilometers north of Terrace, British Columbia. It has logging road access and is ~8 kilometers to a major highway, power, rail, and additional infrastructure. For additional information on the Lucky Strike property and the Lorne Creek Au-Cu-Mo Porphyry System – Click Here.


Property highlights include:



  • A confirmed mineralized Au-Cu-Mo porphyry center is defined by a large 1200 by 700 metre alteration system, that is cored by quartz-sericite-pyrite alteration (Link to Image). The core contains gold-bearing chalcopyrite and molybdenite stockwork mineralization;

    • The gold, copper, and molybdenum grades from the Lorne Creek Porphyry system are consistent with typical porphyry systems.



  • The Lorne Creek Porphyry Discovery is at the headwaters of Lorne Creek, the most prolific placer gold producer in the district.

  • Historical placer gold calculated production of 13,721 troy ounces and nuggets of up to 1.5 ounces gold (see BC MINFILE No. 103I204, 103I050 and 103I027).

  • Mapping has highlighted a spatial link between polymetallic Au/Pb/Zn/Cu/Ag (Link to Image) veins and Cu-Mo porphyry centers.  These veins are coincident with historically documented porphyry related polymetallic veins in Lorne Creek. Link to samples video (Click Here).

  • Along the headwaters of Lorne Creek, a series of silt samples were taken during the 2017 season. These returned multi-element anomalies, including copper, molybdenum, and gold values up to 406 ppb. A historic BC MINFILE report (No. 103l027) from this creek reports angular, pyritized and quartz-veined boulders hosted in a molybdenum-rich porphyry environment.

  • Hardrock samples taken in 2018 from the mineralized porphyry centre, stockwork and veining exposed at surface had grades up to 2.95 g/t Au, 133 g/t Ag, 4.5% Cu and 0.34% Mo

  • The Lorne Creek Porphyry System is located within a larger known porphyry belt.


Mr. Roger Rosmus, CEO and Director of Goliath states: “We are very pleased that our inaugural drill program of 1741 metres has been completed at our newly discovered large Lorne Creek Porphyry System. We believe this sizable porphyry system likely explains the source of the significant amount of placer gold historically produced from Lorne Creek with nuggets up to 1.5 oz. This new discovery has attracted interest from many senior mining companies. With positive drill core assay results, our Lorne Creek Au-Cu-Mo Porphyry System is positioned to quickly evolve into the next big porphyry discovery. We are very excited to report our 2019 drilling results with much anticipation and look forward an expanded 2020 drill program.”


Qualified Person
Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.


For more information please contact:


Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1.416.488.2887 x222
roger@goliathresources.com
www.goliathresourcesltd.com


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.



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Media Relations posted an update in GOLIATH RESOURCES LIMITED

22 days ago

[May 2019 Presentation] Lucky Strike - Lorne Creek Porphyry: Drill Ready for 2019 - Map & results from silt samples $GOT $GOTRF


insert_drive_fileGoliath-Corporate-Presentation_May-29-2019.pdf
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Media Relations posted an update in GOLIATH RESOURCES LIMITED

2 months ago


121 Mining Investment London Spring 2019: Presentation By Goliath Resources President/CEO Roger Rosmus

Thumb 8020 media relations

Media Relations posted an update in GOLIATH RESOURCES LIMITED

3 months ago

Goliath Resources
[May 2019 Presentation] Our Properties


insert_drive_fileGoliath-Corporate-Presentation_May-29-2019.pdf
Thumb goliath corporate presentation may 29 2019

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Media Relations

6 months ago

Media Relations posted an update Roger Rosmus presents in Rouyn Noranda in GOLIATH RESOURCES LIMITED

The MI3 Communications, Abitibi dinner series investor forum stops last night in Rouyn Noranda in front of a packed room Mr. Roger Rosmus, presents the latest developments of Goliath Resources.


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Media Relations

6 months ago

Media Relations posted an update Interview with Mr. Roger Rosmus, CEO at this year's PDAC2019 in GOLIATH RESOURCES LIMITED

In this March 6, 2019 interview with SmallCapPower at PDAC, Goliath Resources Limited (TSXV:GOT) CEO Roger Rosmus discusses the Company’s focus of being a project generator in British Columbia’s Golden Triangle and surrounding areas. Watch our interview to learn more about the significance of Goliath’s porphyry outcropping discovery as well as why the Company has its sights set on the Lucky Strike Property in 2019.


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Media Relations

6 months ago

Media Relations posted an update Roger Rosmus, President Goliath Resources presents in Val d'Or last evening in GOLIATH RESOURCES LIMITED

Mr. Roger Rosmus, President of Goliath Resources give a presentation last evening at MI3 Dinner Series in Val'dOr.


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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

6 months ago

Gold Source breccia: Video

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

6 months ago

Lorne Creek porphyry: Samples/Terrain

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

6 months ago

Lorne Creek porphyry: Model Video

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Media Relations

6 months ago

Media Relations posted an update Goliath Resources at MI3 Quebec Investor dinner series conference in GOLIATH RESOURCES LIMITED

Last night in Quebec at the Conference dinner series presentation, hosted by MI3 Communications of Montreal, Mr. Roger Rosmus, President of Goliath Resources, arrives for a presentation to investors. 



Follow Goliath Resources here: http://connects.digital/goliath4

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Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls four highly prospective properties that include Bingo, Golddigger, Lucky Strike and C...

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Goliath Resources Limited

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Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IE) is a precious metals project generator focused in t......

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8020 Admin

13 days ago

8020 Admin posted a press release Goliath to Commence Geophysical Survey on Its Au-Cu-Mo Porphyry System at Lucky Strike Property & Exploration Team Advancing Its Golddigger Property for Drilling in the Prolific Golden Triangle, B.C. in GOLIATH RESOURCES LIMITED


TORONTO, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Ltd. (TSX-V: GOT) (FSE: B4IE)(OTCQB: GOTRF) (the “Company or “Goliath”); Goliath is pleased to announce based on the positive drill core observations, a high resolution aeromagnetic and radiometric survey will commence on or before Sept 15, 2019 that will cover a large area of highly prospective terrane surrounding the 2019 drilling. This area contains a strong geochemical signature consistent with a Au-Cu-Mo porphyry system. The data from a survey would further assist in delineating additional drill targets designed to outline the full extent of this new Au-Cu-Mo porphyry system that remains open in all directions.


The survey will cover a 40 square kilometre area (4km x 10km) encompassing the new porphyry discovery as well as the highly prospective area to the south, north, west and east of the 3 inaugural holes drilled this season. The Lorne Creek block will be flown in systematic low-level (30 metre) grid pattern with 50 metre line spacing.


LS-19-01 Drill Hole


We wish to update the shareholders regarding the first NQ diameter drill hole # LS-19-01 that is 718 metres in length; it has been logged, split, and the entire hole length has been shipped to the lab for analysis. To view the Lorne Creek preliminary core discussion video –  Click Here.


The Lucky Strike Property


The Lucky Strike Property is 31,511 hectares in size and located 40 kilometers north of Terrace, British Columbia.  It has logging road access and is ~8 kilometers to a major highway, power, rail, and additional infrastructure. For additional information on the Lucky Strike property and the Lorne Creek Au-Cu-Mo Porphyry System – Click Here.


Lucky Strike Property highlights include:



  • A confirmed mineralized Au-Cu-Mo porphyry center is defined by a large 1200 by 700 metre alteration system, that is centralized by quartz-sericite-pyrite alteration (Link to Image). The outcropping porphyry center at surface contains gold-bearing chalcopyrite and molybdenite stockwork mineralization;
    °  The gold, copper, and molybdenum grades from the Lorne Creek Porphyry system are consistent with typical porphyry systems.

  • The Lorne Creek Porphyry Discovery is at the headwaters of Lorne Creek, the most prolific placer gold producer in the district.

  • Historical placer gold calculated production of 13,721 troy ounces and nuggets of up to 1.5 ounces gold (see BC MINFILE No. 103I204, 103I050 and 103I027).

  • Mapping has highlighted a spatial link between polymetallic Au/Pb/Zn/Cu/Ag (Link to Image) veins and Cu-Mo porphyry centers.  These veins are coincident with historically documented porphyry related polymetallic veins in Lorne Creek. Link to samples video (Click Here).

  • Along the headwaters of Lorne Creek, a series of silt samples were taken during the 2017 season. These returned multi-element anomalies, including copper, molybdenum, and gold values up to 406 ppb. An historic BC MINFILE report (No. 103l027) from this creek reports angular, pyritized and quartz-veined boulders hosted in a molybdenum-rich porphyry environment.

  • Hardrock samples taken in 2018 from the outcropping mineralized porphyry centre, stockwork and veining exposed at surface had grades up to 2.95 g/t Au, 133 g/t Ag, 4.5% Cu and 0.34% Mo.

  • The Lorne Creek Porphyry System is located within a larger known porphyry belt.


The Golddigger Property


In addition to the geophysical and radiometric survey contract being signed, Goliath’s reconnaissance exploration team has commenced exploration on its Golddigger property focused on delineating drill targets. This program is planned to be completed in September. The Golddigger property covers 14,220 hectares and is located on tide water 30 kilometres south east of Stewart, British Columbia in the Golden Triangle. The exploration team is focused on expanding the dataset (channel cuts, sampling & mapping) at its newly discovered Red Line Corridor and GoldSwarm Breccia Zones in preparation for drilling in 2020. Link to property video (Click Here).


Golddigger Property highlights include:



  • Within two kilometres of the unconformity between Lower Hazelton and Stuhini rocks, also known as the “Red Line”, the key location where the vast majority of major deposits have been found within the Golden Triangle (link to map);

  • Grabs up to 113.50 g/t Au 249.00 g/t Ag;

  • 0.55 m Channel grading 29.70 g/t Au and 14.30 g/t Ag (link to image);

  • 0.40 m Channel grading 25.10 g/t Au and 126.00 g/t Ag (link to image);

  • 0.50 m Chip grading 47.50 g/t Au and 272.00 g/t Ag (link to image);

  • 0.50 m Chip grading 24.50 g/t Au and 77.10 g/t Ag (link to image).


Mr. Roger Rosmus, CEO and Director of Goliath states: “This discovery has attracted interest from many senior mining companies. With positive assay results, the Lorne Creek Au-Cu-Mo Porphyry System could quickly evolve into the next big porphyry discovery that is close to existing infrastructure. We are extremely encouraged that all three holes have widely disseminated sulphides from surface to end of each hole drilled. We look forward to reporting our 2019 drilling results.”


Qualified Person
Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.


For more information please contact:


Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1.416.488.2887 x222
roger@goliathresources.com
www.goliathresourcesltd.com


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.


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Media Relations posted an update in GOLIATH RESOURCES LIMITED

21 days ago

Goliath Resources Drilling 2019 Video

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Media Relations posted an update in GOLIATH RESOURCES LIMITED

21 days ago

Lorne Creek Au-Cu-Mo Porphyry System Preliminary Modeling - August 26, 2019

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8020 Admin

21 days ago

8020 Admin posted a press release Goliath Completes Three Holes Totaling 1741 Metres Containing Widespread Sulphides; This Newly Discovered Au-Cu-Mo Monzonite Porphyry System Remains Open in GOLIATH RESOURCES LIMITED


TORONTO, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Goliath Resources Ltd. (TSX-V: GOT) (FSE: B4IE)(OTCQB: GOTRF) (the Company or “Goliath”) is very pleased to announce that it has successfully completed three drill holes for a total of 1741 metres from its inaugural diamond drilling program at its newly discovered Lorne Creek Au-Cu-Mo Large Porphyry System. All three diamond drill holes have confirmed the presence of widespread sulphide mineralization, including key alteration, textures and geologic units consistent with a porphyry system from the surface and to the bottom of all drill holes, the system remains open.


The Lorne Creek porphyry is located within its 100% controlled Lucky Strike Property, located in northwestern British Columbia and in the surrounding area to the Golden Triangle. There is significant infrastructure close by (rail, power, paved highway with logging road access), and near the city of Terrace, BC.


Drilling & Property Highlights include:


*  Three holes drilled for a total of 1741 metres, all contained widespread sulphide mineralization from the surface to bottom of each hole;
*  Drilling hole LS-19-01 confirmed the porphyry system’s depth to at least 718 metres, it remains open;
*  The porphyry system remains open in all three holes; and
*  3D preliminary video model of all three drill holes - Click Here.


The inaugural exploration drilling totaled 1741 meters, all three holes contained widespread sulphides from collar to termination at 718 metres, 501 metres, and 522 metres respectively that all remain open. These early results exceeded expectations confirming the presence of a robust porphyry system that remains open and under-explored, we look forward to receiving assay results and future a follow up drill program.


All three holes were drilled from the same pad, the details are:


*  LS-19-01: Drilled to 718 metres, system remains open, Az: 0 (N), Dip: 70
*  LS-19-02: Drilled to 501 metres, system remains open, Az: 30 (NE), Dip: 70
*  LS-19-03: Drilled to 500 metres, system remains open, Az: 330 deg (NW), Dip: 70


Web link to a video of drilling the Discovery Hole # LS-01-19, at the large Lorne Creek Au-Cu-Mo Porphyry System – Click Here


Based on the limitations of the existing drill rig, deep drilling past 500 metres was very slow and costly. The management and the technical team agreed the best use of capital would be to drill two additional ~500 metres holes and apply the savings to fly a low cover high resolution magnetic survey once the drill rig has been demobilized. Based on the positive drill core observations, a high-resolution magnetic survey is being planned that would cover a large area of highly prospective terrane surrounding the 2019 drilling. This area contains a strong geochemical signature consistent with a Au-Cu-Mo porphyry system. The data from this survey would further assist in delineating additional future drill targets designed to outline the full extent of this new Au-Cu-Mo porphyry system.


The objective of this inaugural drill program was to begin tracing out this newly discovered Au-Cu-Mo porphyry system to depth and was successful based on the results announced today. A video link to the target model can be viewed by Clicking Here. The drill core from all three holes is currently being logged and split in preparation for shipment to the lab for assays.  The results will be released once received, interpreted and compiled.


The Lucky Strike Property is 31,511 hectares in size and located 40 kilometers north of Terrace, British Columbia. It has logging road access and is ~8 kilometers to a major highway, power, rail, and additional infrastructure. For additional information on the Lucky Strike property and the Lorne Creek Au-Cu-Mo Porphyry System – Click Here.


Property highlights include:



  • A confirmed mineralized Au-Cu-Mo porphyry center is defined by a large 1200 by 700 metre alteration system, that is cored by quartz-sericite-pyrite alteration (Link to Image). The core contains gold-bearing chalcopyrite and molybdenite stockwork mineralization;

    • The gold, copper, and molybdenum grades from the Lorne Creek Porphyry system are consistent with typical porphyry systems.



  • The Lorne Creek Porphyry Discovery is at the headwaters of Lorne Creek, the most prolific placer gold producer in the district.

  • Historical placer gold calculated production of 13,721 troy ounces and nuggets of up to 1.5 ounces gold (see BC MINFILE No. 103I204, 103I050 and 103I027).

  • Mapping has highlighted a spatial link between polymetallic Au/Pb/Zn/Cu/Ag (Link to Image) veins and Cu-Mo porphyry centers.  These veins are coincident with historically documented porphyry related polymetallic veins in Lorne Creek. Link to samples video (Click Here).

  • Along the headwaters of Lorne Creek, a series of silt samples were taken during the 2017 season. These returned multi-element anomalies, including copper, molybdenum, and gold values up to 406 ppb. A historic BC MINFILE report (No. 103l027) from this creek reports angular, pyritized and quartz-veined boulders hosted in a molybdenum-rich porphyry environment.

  • Hardrock samples taken in 2018 from the mineralized porphyry centre, stockwork and veining exposed at surface had grades up to 2.95 g/t Au, 133 g/t Ag, 4.5% Cu and 0.34% Mo

  • The Lorne Creek Porphyry System is located within a larger known porphyry belt.


Mr. Roger Rosmus, CEO and Director of Goliath states: “We are very pleased that our inaugural drill program of 1741 metres has been completed at our newly discovered large Lorne Creek Porphyry System. We believe this sizable porphyry system likely explains the source of the significant amount of placer gold historically produced from Lorne Creek with nuggets up to 1.5 oz. This new discovery has attracted interest from many senior mining companies. With positive drill core assay results, our Lorne Creek Au-Cu-Mo Porphyry System is positioned to quickly evolve into the next big porphyry discovery. We are very excited to report our 2019 drilling results with much anticipation and look forward an expanded 2020 drill program.”


Qualified Person
Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.


For more information please contact:


Goliath Resources Limited
Mr. Roger Rosmus
President and Chief Executive Officer
Tel: +1.416.488.2887 x222
roger@goliathresources.com
www.goliathresourcesltd.com


General Disclaimer


Goliath Resources Limited "Goliath" has taken all reasonable care in producing and publishing information contained in this news release and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Goliath assumes no responsibility. Goliath does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Goliath be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release contains forward-looking statements, including but not limited to comments regarding predictions and projections. More particularly, this document contains statements concerning the benefits of the listing of the Company's shares on OTCQB. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.



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Media Relations posted an update in GOLIATH RESOURCES LIMITED

22 days ago

[May 2019 Presentation] Lucky Strike - Lorne Creek Porphyry: Drill Ready for 2019 - Map & results from silt samples $GOT $GOTRF


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Media Relations posted an update in GOLIATH RESOURCES LIMITED

2 months ago


121 Mining Investment London Spring 2019: Presentation By Goliath Resources President/CEO Roger Rosmus

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Media Relations posted an update in GOLIATH RESOURCES LIMITED

3 months ago

Goliath Resources
[May 2019 Presentation] Our Properties


insert_drive_fileGoliath-Corporate-Presentation_May-29-2019.pdf
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Media Relations

6 months ago

Media Relations posted an update Roger Rosmus presents in Rouyn Noranda in GOLIATH RESOURCES LIMITED

The MI3 Communications, Abitibi dinner series investor forum stops last night in Rouyn Noranda in front of a packed room Mr. Roger Rosmus, presents the latest developments of Goliath Resources.


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Media Relations

6 months ago

Media Relations posted an update Interview with Mr. Roger Rosmus, CEO at this year's PDAC2019 in GOLIATH RESOURCES LIMITED

In this March 6, 2019 interview with SmallCapPower at PDAC, Goliath Resources Limited (TSXV:GOT) CEO Roger Rosmus discusses the Company’s focus of being a project generator in British Columbia’s Golden Triangle and surrounding areas. Watch our interview to learn more about the significance of Goliath’s porphyry outcropping discovery as well as why the Company has its sights set on the Lucky Strike Property in 2019.


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Media Relations

6 months ago

Media Relations posted an update Roger Rosmus, President Goliath Resources presents in Val d'Or last evening in GOLIATH RESOURCES LIMITED

Mr. Roger Rosmus, President of Goliath Resources give a presentation last evening at MI3 Dinner Series in Val'dOr.


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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

6 months ago

Gold Source breccia: Video

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

6 months ago

Lorne Creek porphyry: Samples/Terrain

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Roger Rosmus posted an update in GOLIATH RESOURCES LIMITED

6 months ago

Lorne Creek porphyry: Model Video

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Media Relations

6 months ago

Media Relations posted an update Goliath Resources at MI3 Quebec Investor dinner series conference in GOLIATH RESOURCES LIMITED

Last night in Quebec at the Conference dinner series presentation, hosted by MI3 Communications of Montreal, Mr. Roger Rosmus, President of Goliath Resources, arrives for a presentation to investors. 



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