Goliath drills 19.51 g/t AuEq over 8.32 m at Surebet, Golden Triangle

Drill hole GD-26-436 from the Surebet Zone, intersected an extensive mineralized interval near the surface that assayed 7.38 g/t AuEq over 35.7 meters, including 19.51 g/t AuEq over 8.32 meters. This entire interval is characterized by veining, alteration, and anomalous gold grades throughout its length with multiple high-grade subintervals . It also contains several occurrences of visible gold to the naked eye (VG-NE), native silver associated with galena, sphalerite, pyrrhotite and chalcopyrite in quartz-sulphide stockwork and breccia hosted in sandstones; see Figure 1. An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/d798ea02-dcc2-45a0-a6a7-ec89f2d4ad35

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

GD-26-436 confirms the continuity and consistency of Surebet mineralization, supported by numerous high-grade drill intercepts previously announced (sample below, with updated commodity prices), that all sit within a ~120 meter x ~50 meter area of the Surebet Zone; see Figure 2. GD-21-03 assayed 6.37 AuEq over 35.72 meters (see news August 30, 2021)

GD-23-126 assayed 14.01 AuEq over 6.09 meters (see news August 10, 2023)

GD-23-157 assayed 21.08 AuEq over 23 meters (see news August 10, 2023)

GD-23-173 assayed 14.68 AuEq over 26.89 meters (see news September 14, 2023)

An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/0e10ff1a-f465-41b3-a4f6-9fc8b099a58d

Drill hole GD-26-426 intersected two neighbouring mineralized splays of the Surebet Zone. The first assayed 5.18 g/t Au over 4.50 meters, within a wider interval of 2.81 g/t Au over 9.00 meters. The second assayed 7.85 g/t Au over 3.00 meters within a wider interval of 4.22 g