Goliath intercepts 13.81 g/t Au over 4.85 m at Surebet, Golden Triangle

Assay results for drill holes GD-26-414, GD-26-426, GD-26-439, GD-26-450, and GD-26-478 confirm mineable widths and grades of gold-mineralization over broad intervals confirming the continuity that has significantly expanded the high-grade core of the Surebet system that remains open for expansion both laterally and to depth.

Additionally, the recently discovered volcanic wedge zones have been renamed to Big Bulk Zones based on the broad extent of gold mineralization with confirmed intervals of 10 - 58 meters with grades ranging from 0.39 g/t AuEq up to 2.04 g/t AuEq. This demonstrates strong untapped potential of this extensive gold system for expansion, that could be amiable to low-cost bulk mining methods. The Big Bulk Zones are all located above the valley floor located between the higher grade Bonanza and Golden Gate Zones; they remain open for expansion both laterally as well as to depth.

Drill hole GD-26-478 intersected a mineralized interval that assayed 13.81 g/t Au over 4.85 meters, including 21.45 g/t Au over 3.09 meters ( Au only assays, AuEq assays pending) . This volcanic-hosted interval is part of the Golden Gate Zone in the Western part of the mineralized system and is characterized by multiple quartz-sulphide veins with numerous occurrences of Visible Gold to the Naked Eye (VG-NE) associated with galena, sphalerite, pyrrhotite, and chalcopyrite; see Figures 1a, 1b and 3. An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/6ab0a93c-ab83-40bc-8956-bf256e1118de * For reported assay intervals for Au and AuEq calculations please see QA/QC Section on page 18

An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/Attachmen