Goliath drills 9.87 g/t Au over 5.00 m at Golden Gate, expands 320 m northeast

Assay results from multiple gold-rich drill intercepts from 2026 drilling have confirmed the expansion of the Golden Gate Zone to the northeast by 320 meters of the previously known gold mineralization; it remains open laterally and at depth (see Figures 1a and 1b).

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An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/3a125625-e447-4dce-a6ea-0366b578c1e1

Drill hole GD-26-414 intersected multiple mineralized intervals belonging to the Surebet and Golden Gate zones. The Surebet Zone interval assayed 2.81 g/t Au over 4.00 m, including 9.79 g/t Au over 1.00 m part of the Surebet Zone. This first interval contains multiple occurrences of VG-NE within quartz-sulphide veins and breccias with substantial calc-silicate alteration. The Golden Gate interval assayed 9.87 g/t Au over 5.00 m, including 65.65 g/t Au over 0.75 m part of the Golden Gate Zone. This second interval is characterized by several occurrences of VG-NE associated with quartz-sulphide veins containing lenses of semi-massive pyrrhotite, galena, sphalerite, and minor chalcopyrite (see figures 2a and 2b).

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*For reported assay intervals and AuEq calculation please see QA/QC Section on page 15

An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/133fa010-ac53-4476-a965-2ba26cade9da

*For reported assay intervals and AuEq calculation please see QA/QC Section on page 15

Drill hole GD-25-420 extended the Golden Gate Zone by 320 meters to the Northeast. The inte