Goliath Resources – First Drill Assays From The 2026 Program Return High-Grade Gold Mineralization
The KE Report Aug 8, 2026
Summary
First 2026 assays at Goliath's Surebet confirmed high-grade gold and a 554m expansion of the Bonanza and Golden Gate zones.
Pending step-out assays could stretch Bonanza and Golden Gate up to 750m southwest and 200m north — the system stays open.
The guest argues aggressive step-outs (up to ~700m) are needed to map where the system ends before any resource estimate.
Visible gold to the naked eye (VG-NE) appears in most holes (92% last year), giving geologists an early tell before assays return.
The fully funded 50,000m program costs ~$25M against ~$53M cash, leaving room for a 2027 follow-up.
Roger Rosmas's takeaways
- Top takeaway Founder and CEO Roger Rosmas argues the team is 'challenging the geology' with bigger step-outs in 2026 precisely because the deposit remains open and a resource cannot be drawn until the edges are found.
- He frames this season as a hunt for a possible 'mother lode' feeder source, with Pad 25 on the east side of the northeast-trending fault and extensions off Pad 13 framed as the highest-stakes tests.
- He emphasizes the mineralized zones are now visually predictable to the core team and that early assay grades from the step-outs look 'fairly consistent', after 92% of 2025 holes carried visible gold.
- He discloses roughly C$53M of cash and liquid securities at the last quarter against an estimated C$25-27M all-in cost for the 50,000-meter program, and suggests the remainder could fund another full season in 2027.