BULLSEYE GOLD-COPPER PORPHYRY – ~1,000 Metres Diamond Drilling, Highlights:
The Bullseye porphyry is a drill ready target that shows all the right components for an extensive gold-copper porphyry mineralizing system including surface mineralization, textures, and alteration, and remains open in all directions; located ~14 km north of the Goldsource high-grade gold breccia zone drill target.
The Bullseye porphyry is a target consisting of coarse-grained intrusive units with mineralization, textures and potassic alteration (including K-Feldspar). Multiple Au-Cu mineralized grab samples were collected from the Bullseye drill target and assayed up to 3.06 g/t Au, 1.8 g/t Ag and 1% Cu.
The Bullseye drill target area has been mapped on surface defining a large 1,200 x 1,000 metre alteration system. The area contains a quartz-sericite-pyrite (QSP) core that is coincident with molybdenite-chalcopyrite mineralization. Independent interpretations of subsurface geophysical data concluded it is consistent with a porphyry signature.
The age of the intrusive with porphyritic texture at the Bullseye discovery has been confirmed as Mid-Cretaceous, in contrast with the Eocene age of other known porphyries in this belt.
Multiple high-grade gold rich polymetallic Au, Ag, Cu veins are radiating from the porphyry centre, where grabs assayed up to 21.3 g/t Au and 31.5 g/t Ag.
The most prolific gold in placer creeks in the district with coarse nuggets of over 6 ounces gold drain the Bullseye porphyry and related polymetallic veins in the margin.
The alteration pattern observed at the Bullseye drill target coincides with the top part of a porphyry system with strong concentric propylitic alteration surrounding a core of potassic and phyllic alteration bordered by domains of argillic alteration.
The Lucky Strike property is located within a larger known porphyry belt and ~100 km south of its 100% controlled Golddigger property.
GOLDSOURCE HIGH-GRADE GOLD BRECCIA ZONE - ~1,000 Metres Maiden Diamond Drilling, Highlights:
The Goldsource Zone is a high-grade gold breccia that is a drill ready target that shows all the right components for an extensive gold mineralizing system including surface mineralization, textures, and alteration that remains open in all directions.
The Goldsource main zone consists of a series of high-grade surface outcrops over 500 metres containing polymetallic quartz hydrothermal breccia with galena and chalcopyrite where grabs assayed up to 96.8 g/t Au (3.4 oz/t Au) and 78.10 g/t Ag.
The Goldsource drill target is located within a corridor of sheeted mineralized veins that extends for more than 1,500 metres along an E-W trend, over 200 metres wide and remains open.
Alteration signature derived from satellite spectral data on Goldsource shows strong hematite, silica, jarosite and phyllic alteration over an extensive area, confirming strong potential for gold mineralization.
The gold mineralized hydrothermal breccia geologically sits within the Quock formation Hazelton Volcanics in close proximity of the Red Line in a World Class geologic setting.
Airborne magnetic data identified a circular feature that is 1 kilometre in diameter and centered around the Goldsource drill target hydrothermal breccia.
TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IF) (the "Company" or "Goliath") has commenced ~2,000 metres of diamond drilling at its 100% controlled Lucky Strike property. There are two new separate mineralized gold targets exposed at surface that remain open and have never been drilled before.
The Lucky Strike property covers 31,486 hectares just north of Terrace, British Columbia and ~100 km south of its 100% controlled Golddigger property. These new drill targets at Lucky Strike were found through follow-up prospecting and mapping that also helped identify several other strong gold prospects for follow up exploration that could result in additional high-grade drill targets for 2024.
The 2023 drill program at the Luck Strike property will be focussed on two new separate gold targets: the Bullseye gold-copper porphyry exposed at surface where grab samples assayed up to 3.06 g/t Au, 1.8 g/t Ag and 1% Cu; and Goldsource, a high-grade gold breccia target exposed at surface with grab samples up 96.8 g/t Au (3.4 oz/t Au) and 78.10 g/t Ag.
Roger Rosmus, Founder & CEO of Goliath Resources, states: "Goliath is a project generator and seasoned explorer with a focus on new discoveries. The Bullseye and Goldsource targets have confirmed the presence of significant gold mineralization found at surface on our Lucky Strike property. We look forward to testing these new discoveries for the first time with the drill bit in 2023 with ~2,000 metres of drilling. We believe drill results from this drill campaign, as well as assay results from our ~18,000 metres of drilling at our Golddigger property should provide substantial news flow catalysts".
BULLSEYE GOLD-COPPER PORPHYRY
Exploration previously reported on the Bullseye porphyry drill target ~14 kilometres to the north of the Goldsource breccia drill target, has identified a series of new mineralized outcrops within coarse-gained intrusive units with mineralization, textures and potassic alteration including the presence of K-Feldspar, indicative of a porphyry. Grab samples assayed up to 2.15 g/t Au, 143 g/t Ag, and 1 % Cu. These new showings are located within 800 metres of the Bullseye drill target situated at the eastern edge of a previously mapped zone of propylitic alteration flanking a SkyTEM electromagnetic anomaly with low conductivity in the catchment area of Lorne Creek and Douglas Creek, two of the most prolific coarse placer creeks in the district. The Bullseye drill target consists of a high-grade core containing typical porphyry mineralization, textures and alteration, including the presence of chalcopyrite and bornite, that assayed up to 3.06 g/t Au, 1.8 g/t Ag and 1% Cu, within a large 1,200 x 1,000 metre alteration system characterized by polymetallic Au-Ag-Cu quartz veins radiating from the porphyry centre. Alteration signatures extracted from recently acquired Worldview 3 satellite spectral data shows strong concentric propylitic alteration surrounding a core of phyllic alteration bordered by domains of argillic alteration, coinciding with the Bullseye drill target. The alteration patterns observed at the Bullseye drill target are coincident with the top part of a porphyry system outcropping at surface on Lucky Strike. The age of the intrusive with porphyritic texture has been identified as Mid-Cretaceous, in contrast with the Eocene age of other known porphyries in this belt. The Bullseye porphyry remains open in all directions and is drill ready. With initial drilling success, the new Bullseye porphyry provides for an excellent opportunity to expand the zone along strike and to depth.
GOLDSOURCE HIGH-GRADE GOLD BRECCIA
Follow-up prospecting and mapping in the Goldsource area located on the Lucky Strike property ~14 km south of the Bullseye porphyry target extended the main high-grade gold outcrop an additional 150 metres along strike to the East of the main target where grab samples assayed up to 4.92 g/t Au and 14.55 g/t Ag. The total strike extent of the Goldsource main outcrop has been expanded to 550 metres. The Goldsource target consists of a high-grade polymetallic quartz hydrothermal breccia containing galena and chalcopyrite located within a corridor of sheeted veins that extend more than 1,500 metres along an E-W trend and over 200 metres wide where grab samples assayed up to 96.8 g/t Au (3.4 oz/t Au) and 78.10 g/t Ag. The trend is highly oxidized with primary sulphide contents ranging typically between 1-5% that are generally represented by limonitic voids and boxworks. Alteration signature derived from recently acquired Worldview 3 satellite spectral data shows strong hematite, silica and phyllic alteration coincident with the Goldsource discovery and adjacent areas further emphasising the potential for strong gold mineralization. The mineralized hydrothermal breccia geologically sits within the Quock formation in close proximity of the "Red Line" in a world class geologic setting. Airborne magnetic data identified a circular feature 1 kilometre in diameter centered around the Goldsource target hydrothermal breccia. The Goldsource high-grade gold breccia has never been drill tested, remains open in all directions and is drill ready.
Lucky Strike Property
The Goldsource and Bullseye targets are fully permitted for drilling and are situated on Goliath's 100% controlled Lucky Strike property located near Terrace in northwestern British Columbia. It sits within a world class geological terrane of the Skeena Arch, a belt-scale structural corridor that is associated with significant porphyry and related mineralization. The Property is within 2 kilometres of logging access roads with direct access to hydro-power and paved highway in close proximity to major infrastructure in Terrace B.C.
Grant of Options
Goliath has granted a total of 1,702,050 stock options for a five year period to certain board members, management and an advisor to the Company priced at $0.61 per share.
Qualified Person
Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resources projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.
Other
Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 metres) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples were then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, standards, and duplicate samples were inserted regularly into the sample sequence at a rate of 10%.
All samples, including rock grabs, channels, and talus samples, are transported in rice bags sealed with numbered security tags. A transport company takes them from the core shack to the ALS labs facilities in North Vancouver. ALS is either certified to ISO 9001:2008 or accredited to ISO 17025:2005 in all of its locations. At ALS samples were processed, dried, crushed, and pulverized before analysis using the ME-MS61 and Au-SCR21 methods. For the ME-MS61 method, a prepared sample is digested with perchloric, nitric, hydrofluoric and hydrochloric acids. The residue is topped up with dilute hydrochloric acid and analyzed by inductively coupled plasma atomic emission spectrometry. Overlimits were re-analyzed using the ME-OG62 and Ag-GRA21 methods (gravimetric finish). For Au-SCR21 a large volume of sample is needed (typically 1-3kg). The sample is crushed and screened (usually to -106 micron) to separate coarse gold particles from fine material. After screening, two aliquots of the fine fraction are analysed using the traditional fire assay method. The fine fraction is expected to be reasonably homogenous and well represented by the duplicate analyses. The entire coarse fraction is assayed to determine the contribution of the coarse gold.
The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.
About Goliath Resources Limited
Goliath Resources Limited is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and area as well as the Abitibi Greenstone Belt of Quebec. All of its projects are in world class geological settings and geopolitical safe jurisdictions amenable to mining in Canada.
For more information please contact:
Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1-416-488-2887
roger@goliathresources.com
BULLSEYE GOLD-COPPHYRY — 約 1,000 米的鑽石鑽探，亮點：
Bullseye 斑岩是一個準備鑽探的目標，它顯示了廣泛的金銅斑岩礦化系統的所有正確組件，包括地表礦化、紋理和變化，並且在各個方向保持開放；位於 Goldsource 高品位金角礫岩區鑽探目標以北約 14 公里處。
靶心斑岩是由具有礦化、質地和鉀變化的粗粒侵入單元組成的目標（包括K-Feldspar）。從 Bullseye 鑽探目標中採集了多個金銅礦化採集樣本，並測定了高達 3.06 g/t Au、1.8 g/t Ag 和 1% Cu。
Bullseye 鑽探目標區域已繪製在地表上，定義了一個 1,200 x 1,000 米的大型變更系統。該地區包含一個石英-絲雲母-黃鐵礦（QSP）核，該巖芯與輝鉬礦-黃銅礦的礦化作用相吻合。對地下地球物理數據的獨立解釋得出的結論是，它與斑岩特徵一致。
Bullseye發現時具有斑岩質地的侵入物的時代已被證實爲白堊紀中期，這與該帶中其他已知斑岩的始新世時代形成鮮明對比。
GOLDSOURCE 高檔金角礫岩區——約 1,000 米的首次鑽石鑽探，亮點：
Goldsource鑽探目標位於一條由片狀礦化礦脈組成的走廊內，該走廊沿着E-W趨勢延伸了1,500多米，寬度超過200米，並且仍然開放。
從Goldsource的衛星光譜數據中得出的蝕變特徵顯示，在大片區域內存在強烈的赤鐵礦、二氧化硅、黃榴石和片狀蝕變，這證實了金礦化的巨大潛力。
從地質學上講，金礦化的熱液角礫岩位於Quock地層Hazelton Volcanics內，在世界一流的地質環境中，靠近紅線。
機載磁學數據確定了一個直徑爲1千米的圓形特徵，以Goldsource鑽探目標熱液角礫岩爲中心。
多倫多，2023 年 8 月 21 日（GLOBE NEWSWIRE）— Goliath Resources Limited（多倫多證券交易所股票代碼：GOT）（OTCQB：GOTRF）（法蘭克福：B4IF） （ “公司” 要麼 “巨人”）已開始在其100％控制的Lucky Strike物業進行約2,000米的鑽石鑽探。有兩個新的單獨的礦化金目標暴露在地表，它們仍然處於開放狀態，以前從未鑽過過。
Lucky Strike物業佔地31,486公頃，位於不列顛哥倫比亞省特雷斯以北，位於其100％控制的Golddigger物業以南約100公里處。Lucky Strike的這些新鑽探目標是通過後續的勘探和測繪發現的，這也有助於確定其他幾個強勁的黃金前景，供後續勘探，從而爲2024年帶來更多高品位的鑽探目標。
2023年Luck Strike物業的鑽探計劃將側重於兩個新的單獨的金目標：暴露在地表的靶心金銅斑岩，採集樣本的金含量高達3.06克/噸、銀1.8克/噸和1％的銅；以及Goldsource，一個暴露在地表的高品位金角礫岩目標，採集樣本高達96.8克/噸金（3.4盎司/噸金）和78.10 g/t Ag。
Goliath Resources創始人兼首席執行官羅傑·羅斯姆斯表示： “Goliath是一位項目生成者和經驗豐富的探險家，專注於新發現。Bullseye和Goldsource的目標已經證實，在我們的 Lucky Strike 物業的地表發現了大量的金礦化區。我們期待在2023年首次使用鑽頭測試這些新發現，鑽孔深度約爲2,000米。我們認爲，這次鑽探活動的鑽探結果，以及我們在Golddigger物業進行約18,000米鑽探的化驗結果，應該會提供大量的新聞流催化劑”。
靶心金銅斑岩
此前報道的Bullseye斑岩鑽探目標位於Goldsource角礫岩鑽探目標以北約14公里處，在粗糙的侵入性單元中發現了一系列新的礦化露頭，這些露頭具有礦化、質地和鉀的變化，包括K-Feldspar的存在，這表明存在斑岩。Grab 樣本的測定值最高爲 2.15 g/t Au、143 g/t Ag 和 1% Cu。這些新發現位於距離Bullseye鑽探目標不到800米的地方，該目標位於先前繪製的丙巖蝕變帶的東部邊緣，兩側是該地區最多產的兩條粗砂小溪的集水區Lorne Creek和Douglas Creek的低電導率SkyTem電磁異常。Bullseye鑽探目標由一個高品位岩心組成，其中包含典型的斑岩礦化、紋理和變化，包括黃銅礦和硼鐵礦的存在，在一個以斑岩中心輻射的多金屬金銀銅石英脈爲特徵的多金屬Au-Ag-Cu石英脈中，該岩心測定了高達3.06克/噸的金、1.8 g/t的銀和1％的銅。從最近獲得的Worldview 3衛星光譜數據中提取的蝕變特徵顯示，與靶心鑽探目標相吻合的葉狀蝕變核心周圍有強烈的同心丙質改變，與靶心鑽探目標相吻合。在 Bullseye 鑽探目標處觀察到的變化模式與 Lucky Strike 地表露出的斑岩系統的頂部相吻合。具有斑岩質地的侵入體的年齡已被確定爲白堊紀中期，這與該帶中其他已知斑岩的始新世時代形成鮮明對比。Bullseye 斑岩仍然向四面八方開放，並已準備好鑽探。隨着最初的鑽探成功，新的Bullseye斑岩爲沿着走向擴展區域並擴展到深度提供了絕佳的機會。
GOLDSOURCE 高檔金角礫岩
在位於Bullseye斑岩目標以南約14公里處的Lucky Strike物業上的Goldsource區域進行後續探礦和測繪，將主要的高品位金露頭向主目標以東又延伸了150米，採集樣本的金含量高達4.92 g/t Ag和14.55 g/t Ag。Goldsource主露頭的總走向範圍已擴大到550米。Goldsource目標由一種含有方鉛礦和黃銅礦的高品位多金屬石英熱液角礫岩組成，位於片狀礦脈走廊內，該走廊沿着E-W趨勢延伸超過1,500米，寬度超過200米，採集樣本的金含量高達96.8 g/t（3.4 oz/t Au）和78.10 g/t Ag。趨勢是高度氧化，初級硫化物含量通常在1-5％之間，通常以檸檬酸空隙和箱體爲代表。從最近獲得的Worldview 3衛星光譜數據中得出的蝕變特徵顯示，強烈的赤鐵礦、二氧化硅和葉狀巖蝕變與Goldsource的發現相吻合，鄰近區域進一步凸顯了強金礦化的可能性。在世界一流的地質環境中，礦化的熱液角礫岩位於Quock地層內，靠近 “紅線”。機載磁學數據確定了一個直徑爲1千米的圓形特徵，中心是Goldsource目標熱液角礫岩。Goldsource 高品位金角礫岩從未經過鑽探測試，可以向四面八方開放，並且已準備好鑽探。
幸運打擊財產
Goldsource和Bullseye目標完全允許鑽探，它們位於Goliath100％控制的Lucky Strike物業上，位於不列顛哥倫比亞省西北部的Terrace附近。它位於 Skeena Arch 的世界級地質地形內，斯基納拱門是一條帶狀的結構走廊，與重要的斑岩和相關的礦化有關。該物業距離伐木通道不到2公里，可直接使用水力發電和鋪好的高速公路，靠近不列顛哥倫比亞省Terrace的主要基礎設施。
授予期權
Goliath已向公司的某些董事會成員、管理層和顧問授予了總共1,702,050份爲期五年的股票期權，價格爲每股0.61美元。
合格人員
Rein Turna P. Geo 是 National Instrument43-101 定義的 Goliath Resources 項目的合格人員，負責監督本新聞稿中技術信息的準備工作，並已審查和批准了本新聞稿中的技術信息。
其他
在直升機的協助下，徒步採集了抓取、通道、芯片和塔盧斯樣本。根據高分辨率衛星圖像，潛在區域包括但不限於靠近MinFile地點、砂溪事件、區域土壤異常和潛在的高山。岩石採集和碎屑樣本是使用巖錘或錘子和鑿子提取的，以露出新鮮的表面，並釋放出0.5至5.0千克之間的樣本。所有樣本地點都用可生物降解的標記膠帶標記，並標有樣本編號。所有樣本地點都是使用手持式GPS裝置（精度爲3-10米）記錄的，樣本識別碼、東向、向北、海拔、樣本類型（露頭、亞作物、浮體、距離、碎片、抓取等），並記錄在全天候報紙上對岩石的描述。然後將樣本放入裝有樣品標籤的乾淨塑料袋中，以便運輸和運送到地球化學實驗室。包括空白、標準樣品和重複樣本在內的質量保證/質量控制樣本定期以10％的速度插入樣本序列中。
所有樣品，包括岩石抓取物、通道和塔盧斯樣本，都裝在裝有編號安全標籤的米袋中運輸。一家運輸公司將他們從核心棚屋帶到北溫哥華的ALS實驗室設施。ALS 要麼獲得了 ISO 9001:2008 認證，要麼在所有地點都獲得了 ISO 17025:2005 的認證。在 ALS，樣本經過處理、乾燥、粉碎和粉碎，然後使用 ME-MS61 和 au-scr21 方法進行分析。對於 ME-MS61 方法，用高氯酸、硝酸、氫氟酸和鹽酸消化製備的樣品。在殘留物中加入稀鹽酸，然後通過電感耦合等離子體原子發射光譜法進行分析。使用 ME-OG62 和 Ag-gra21 方法（重量法表面處理）對超限值進行了重新分析。對於 au-scr21，需要大量樣品（通常爲 1-3 千克）。對樣品進行粉碎和篩選（通常爲 -106 微米），將粗金顆粒與細顆粒分開。篩選後，使用傳統的火法測定方法對細分的兩個等分試樣進行分析。預計精細分數將相當均勻，重複分析可以很好地體現出來。對整個粗金部分進行分析以確定粗金的貢獻。
提醒讀者，採集樣本是現場樣本，通常但不完全侷限於礦化。採集樣本質上是選擇性的，收集這些樣本是爲了確定是否存在礦化，不代表所採樣的材料。
關於Goliath Resources Limited
Goliath Resources Limited是位於不列顛哥倫比亞省西北部多產的金三角和魁北克省阿比提比綠石帶的貴金屬項目的勘探公司。其所有項目都位於世界一流的地質環境和地緣政治安全的司法管轄區，適合在加拿大進行採礦。
欲了解更多信息，請聯繫：
歌利亞資源有限公司
羅傑·羅斯姆斯先生
創始人兼首席執行官
電話：+1-416-488-2887
roger@goliathresources.com
