Skip to main content

Goliath Resources – 2026 Exploration Program - 48,443 m Of Drilling, 97 Drill Holes, 100% Hit Rate

The KE Report Oct 1, 2026 13:25

Summary

Goliath Resources drilled 48,443 metres across 97 holes in 94 days at Surebet, hitting mineralization in every hole while stepping out aggressively.

Step-outs added over two kilometres of strike (lateral extent) at Golden Gate and Bonanza, so the gold system stays open in every direction.

A new Big Bulk Zone between Bonanza and Golden Gate may suit block caving (a low-cost bulk mining method) alongside the high-grade veins.

Eighty-three of 97 holes await assays, promising steady news flow into January; about two-thirds of this year's holes showed visible (naked-eye) gold.

Management plans infill drilling next year toward a resource estimate; most of 1,500-plus pierce points (hole intersections) sit at 25-50 metre spacing.

Shad Markwitz's takeaways

  • Top takeaway As host, he frames the update around the completed 2026 program of over 48,000 metres in 97 holes across 94 days with a 100% hit rate, and observes that the big Bonanza and Golden Gate step-outs show the system's edges still have not been found.
  • A disclosed Goliath shareholder per the video description, he presses on when a maiden resource estimate will come and argues that with gold above $4,000, old cut-off rules of thumb like '5 metres at 5 grams' could be pushed.

Roger Rosmas's takeaways

  • Top takeaway Argues the 2026 program vindicated his expansion-first strategy: aggressive 100-700 metre step-outs kept a 100% hit rate and added over 2 km of strike, so he believes the Surebet system remains wide open.
  • Sees the newly defined Big Bulk Zone as improving project economics: broad, lower-grade mineralization sitting between the Bonanza and Golden Gate veins that could allow block-cave mining of the high-grade and bulk material together.
  • Deliberately deferred a maiden resource estimate, reasoning that about 75-77% of 1,500-plus pierce points already sit at 25-50 metre spacing and that infilling this year's step-outs will make the eventual MRE substantially bigger, citing 30%-plus growth from 2024 to 2025.
  • Prioritizes consistency over headline intercepts: he says 25 gram-metre holes are what build a mine and he would take those all day long, while noting announced 2026 results already include a hole over 200 gram-metres.
  • Plans a 2027 drill test for the causative feeder system, suspecting the 'plumbing' where structures converge northeast of pad two, after a hanging cornice blocked this year's north-slope pad.