Goliath Resources Limited (OTCMKTS:GOTRF) on July 29, 2021 announced 67.1 -meter drill intercept of quartz-sulphide veining, brecciationand related alteration from fourth drill hole during its 2021’s first diamond drill campaign at 100% controlled Golddigger Property
The campaign, designed for tracing high-grade gold-silver zone exposed at surface along 1km of strike with depth of more than 500 meters at Surebet Zone, which averages 9.84 meters wide grading 10.68 g/t AuEq (with 7.59 g/t Au) based on channel cut sampling taken in 2020.
Located in a mining friendly jurisdiction in Golden Triangle of British Columbia, it also has Dolly Varden Silver Mine, Homestake Ridge Deposit and the Kinskuch Project in the vicinity.
Explorer of precious metals projects, the company’s GD21-004 intersected 67.1 meters of quartz-sulphide veining, brecciation and associated alteration from 34.9 to 102.0 meters.The company is planning close to 5,000 meters of fan drilling from a number of drill pads for targeting gold-bearing quartz-sulphide veining. Surface sampling has shown 1,000 meters of strike length, 1,000 meters of inferred down-dip extent and 500 meters of vertical relief. Focus of the drilling will be to continue testing at depth of the high-grade gold-silver mineralization zone.
The company uses Portable XRF instrument for detecting Gold.