Goliath Resources Advances Golddigger Property Exploration with Underground Adit Development

Goliath Resources Ltd. is advancing its exploration efforts at the Golddigger property in British Columbia's Golden Triangle by engaging JDS Energy & Mining Inc. to evaluate the development of an underground exploration adit. The proposed underground access point will target the Bonanza Zone, an area characterized by high-grade, gently dipping gold mineralization. This strategic initiative aims to enable more efficient year-round underground drilling, provide geological confirmation, and potentially conduct bulk sampling.

Recent drilling results underscore the project's potential, with drill hole GD-24-260 returning an impressive 34.52 g/t gold equivalent (AuEq) over 39 meters, including intervals exceeding 130 g/t AuEq. By developing an underground access point, Goliath Resources can potentially improve its understanding of the geological structures and mineral deposits within the Golddigger property. This approach allows for more precise exploration and assessment of the site's economic viability, moving beyond surface-level investigations.

The project is situated in the Golden Triangle, a region in British Columbia known for its significant mineral potential. The advanced exploration strategy demonstrates the company's commitment to methodical and comprehensive resource evaluation, which could ultimately translate into more efficient and targeted mining operations. The engagement of JDS Energy & Mining Inc. brings specialized expertise to the project evaluation process, supporting the technical assessment required for underground development planning.

The development of underground access represents a significant step in the project's evolution from surface exploration to more advanced underground investigation. This transition enables continuous drilling operations regardless of seasonal weather conditions that often limit surface exploration in the region. The ability to conduct year-round drilling could accelerate the project timeline and provide more consistent data collection throughout the evaluation process.

The Bonanza Zone's gently dipping mineralization characteristics make it particularly suitable for underground exploration methods. The underground adit approach allows for direct access to mineralized structures, facilitating detailed geological mapping and sampling that surface drilling cannot provide. This method offers the advantage of observing mineralization in situ, which enhances understanding of structural controls and continuity of the gold system.

The potential for bulk sampling through underground access provides additional value by allowing metallurgical testing on larger, more representative samples. This testing is crucial for understanding ore processing characteristics and optimizing recovery methods. The combination of underground drilling, geological confirmation, and potential bulk sampling creates a comprehensive evaluation framework that could significantly de-risk the project and advance it toward development decisions.