Announcement • Aug 06

Goliath Resources Limited Reports Assay Results Confirming Expansion of Bonanza and Golden Gate Zones on Surebet Discovery

Goliath Resources Limited has reported initial assay results confirming substantial gold mineralization resulting in the expansion of the Bonanza Zone as well as the Golden Gate Zone on its 100% owned Golddigger Property, Golden Triangle, British Columbia. Assay results from multiple gold-rich drill intercepts from 2026 drilling have confirmed expansion of the Bonanza and Golden Gate Zones that remain open. Gold mineralization has been confirmed with assays from drill hole GD-26-417 expanding the Bonanza and Golden Gate zones by 540 meters to the southwest. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza and Golden Gate zones up to 750 meters to the southwest. Gold mineralization has been confirmed with assays from drill hole GD-26-418 expanding the Bonanza Zone 100 meters to the north and remains open. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza zone up to 200 meters to the north. Gold mineralization has been confirmed with assays from drill hole GD-26-425 expanding the Bonanza Zone 100 meters to the west and remains open. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza zone up to 200 meters to the west. Drill hole GD-26-418 had two separate gold mineralization intercepts. The first from Surebet Zone, intercepted 8.09 g/t AuEq over 16.00 meters, including 18.39 g/t AuEq over 6.75 meters, including 39.99 g/t AuEq over 1.00 meters and 74.67 g/t AuEq over 1.10 meters in an interval characterized by multiple occurrences of visible gold to the naked eye (VG-NE) hosted in quartz-sulphide stockwork and breccia. The second from Bonanza Zone expansion to the north that assayed 4.42 g/t AuEq over 5.00 meters, including 7.78 g/t AuEq over 2.79 meters, including 23.76 g/t AuEq over 0.90 meters; it remains open. This interval also contains several occurrences of VG-NE hosted in quartz-sulphide veins. Drill hole GD-26-417 intersected a newly discovered mineralized zone, that extends over 58.00 meters grading 0.52 g/t Au, including 1.00 g/t Au over 9.00 meters within the southwest extension zone (gold only), a wedge-like intercept that sits between Bonanza & Golden Gate Zones. Multiple occurrences of VG-NE have been identified within this long interval of frequent tightly spaced quartz-sulphide veins and veinlets located right below the sedimentary-volcanic contact. An additional interval of quartz-sulphide veining containing VG-NE that assayed 2.13 g/t Au over 5.00 meters, including 8.96 g/t Au over 1.00 meters was intercepted lower down and is part of the Golden Gate Zone that remains open. Drill hole GD-26-425 intersected an extensive interval of frequent quartz-sulphide veins and veinlets that assayed 1.11 g/t Au over 17.20 meters, including 3.96 g/t Au over 3.20 meters, including 7.28 g/t Au over 1.07 meters (gold only) located immediately below the sedimentary-volcanic contact. Visible Gold to the Naked Eye (VG-NE) has been intersected in multiple veins and shear zones from 20 out of 35 holes drilled in 2026 continuing to confirm consistency of gold mineralization within the Surebet lode/vein system that remains open laterally and at depth. All drill holes from the 2026 drill program completed to date have intersected quartz-sulphide mineralization which typically coincide with high-grade gold mineralization. 35 out of 98 planned drill holes have been completed with a total of 19,931 meters drilled in 2026. The fully funded 2026 drill program comprises approximately 50,000 meters of systematic drilling, including 7 drill rigs targeting expansion of the known gold mineralization laterally and at depth. Expansion drilling will continue to focus on extending the footprint of the Bonanza and Golden Gate Zones to the East and Northeast, as well as expanding the Surebet Zone to the West. Directional drilling consisting of multiple holes stemming from a single ‘mother’ hole is being used on selected drill pads in order to minimize drill time and costs while increasing target accuracy. Ore mineralization in drill core from the expanded portions of the Bonanza is characterized by the presence of local VG-NE as well as sphalerite and pyrrhotite over relatively broad intervals (up to 7 meter) consisting of sheared quartz-sulphide breccia. Previously, the Bonanza Zone contained 5 lodes up to 19 meters thick with a combined thickness of up to 27 meters and intercepts up to 8.35 g/t AuEq (8.31 g/t Au and 2.30 g/t Ag) over 23.00 meters (drill hole GD-24-280). The expanded Golden Gate Zone has a strike of 1.6 km E-W and 1.5 km N-S. Mineralization in drill core from the expanded portions of the Golden Gate Zone is characterized by sets of veins and veinlets hosted in andesitic volcanic rocks and mineralized with VG-NE, sphalerite, galena, pyrrhotite as well as trace pyrite and chalcopyrite. Previously the Golden Gate Zone contained 18 lodes up to 14 meters with a combined thickness of up to 49 meters and with intercepts up to 34.52 g/t AuEq (34.47 g/t Au and 3.96 g/t Ag) over 39.00 meters (drill hole GD-24-260) and remains open for expansion. Visible Gold to the Naked Eye (VG-NE) has been intersected in multiple veins and shear zones from 20 out of 35 holes drilled in 2026, continuing to confirm the consistency of gold mineralization within the Surebet system that remains open. The fully funded 2026 drill program is underway and will include approximately 50,000 meters of systematic drilling designed to expand the known gold and to depth (all stacked mineralized lodes/veins remain open for expansion), as well as to test for a causative magmatic gold feeder source. Expansion drilling will focus on extending the footprint of the Bonanza Zone and Golden Gate Zone to the East and Northeast, as well as expanding the Surebet Zone to the West and testing other gold-rich mineralized lodes/veins that remain open. Additional drilling will be allocated to test a number of lithological-structural features linked to magnetic anomalies indicative of a causative magmatic gold feeder source. Directional drilling is being used at selected drill pads to minimize drill time and costs while also increasing the target accuracy. Table 2: Collar information for drill holes reported in this news release. Hole ID CRS Easting (m) Northing (m) Elevation (m) Azimuth (deg) Dip (deg) Length (m) GD-26-413 NAD83 /UTM zone 9N 457178 6161738 936 205.4 69.9 606 GD-26-416 NAD83 /UTM zone 9N 456710 6162961 1635 140 71 478 GD-26-417 NAD83 /UTM zone 9N 457178 6161738 936 90.5 48 357 GD-26-418 NAD83 /UTM zone 9N 457190 6163127 1712 310 79 607 GD-26-425 NAD83 /UTM zone 9N 456762 6162467 1402 110 68 459 100% of the drill holes completed prior to the 2026 drill season have intersected gold mineralization, clearly demonstrating remarkable grade continuity and widths, with over 1,500 drill hole pierce points.

CEO salary percentage	8.58%
CEO tenure	8.9yrs
CEO ownership	2.9%
Management average tenure	no data
Board average tenure	6.6yrs

Date	Total Compensation	Salary	Company Earnings
Mar 31 2026	n/a	n/a	-CA$29m
Dec 31 2025	n/a	n/a	-CA$29m
Sep 30 2025	n/a	n/a	-CA$27m
Jun 30 2025	CA$4m	CA$378k	-CA$31m
Mar 31 2025	n/a	n/a	-CA$35m
Dec 31 2024	n/a	n/a	-CA$29m
Sep 30 2024	n/a	n/a	-CA$28m
Jun 30 2024	CA$1m	CA$272k	-CA$25m
Mar 31 2024	n/a	n/a	-CA$18m
Dec 31 2023	n/a	n/a	-CA$18m
Sep 30 2023	n/a	n/a	-CA$21m
Jun 30 2023	CA$2m	CA$240k	-CA$21m
Mar 31 2023	n/a	n/a	-CA$19m
Dec 31 2022	n/a	n/a	-CA$20m
Sep 30 2022	n/a	n/a	-CA$15m
Jun 30 2022	CA$4m	CA$175k	-CA$14m
Mar 31 2022	n/a	n/a	-CA$13m
Dec 31 2021	n/a	n/a	-CA$12m
Sep 30 2021	n/a	n/a	-CA$13m
Jun 30 2021	CA$870k	CA$148k	-CA$6m
Mar 31 2021	n/a	n/a	-CA$5m
Dec 31 2020	n/a	n/a	-CA$4m
Sep 30 2020	n/a	n/a	-CA$3m
Jun 30 2020	CA$202k	CA$144k	-CA$2m

Name	Position	Tenure	Compensation	Ownership
Roger Rosmus	Founder	8.9yrs	CA$4.40m	2.91% CA$ 8.0m
Graham Warren	CFO, Corporate Secretary & Director	8.9yrs	CA$3.14m	1.43% CA$ 3.9m
Alan Edwards	Member of the Advisory Board	less than a year	no data	no data
Wayne Isaacs	Independent Director	6.6yrs	CA$377.50k	0.037% CA$ 101.8k
Rein Turna	Independent Director	2.9yrs	CA$377.50k	0.051% CA$ 139.5k

Data	Last Updated (UTC time)
Company Analysis	2026/09/15 08:24
End of Day Share Price	2026/09/15 00:00
Earnings	2026/03/31
Annual Earnings	2025/06/30

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

Analyst	Institution
Cole McGill	Stifel Canada
null null	Stifel Canada
Ronald Wortel	Zacks Small-Cap Research

Goliath Resources Management

Management criteria checks 1/4

Key information

Recent management updates

Founder exercised options to buy CA$504k worth of stock.

Goliath Resources Limited Appoints Alan Edwards to Its Advisory Board

Founder exercised options to buy CA$343k worth of stock.

Goliath Resources Limited, Annual General Meeting, Jan 14, 2026

Founder exercised options to buy CA$4.5m worth of stock.

Founder exercised options to buy CA$479k worth of stock.

Recent updates

Goliath Resources Limited Reports Assay Results for Drill Holes Confirming Presence of Volcanic Wedge Zone in Surebet Discovery

Goliath Resources Limited Confirms Multiple Broad Intervals of Gold Mineralization Connecting the Bonanza and Golden Gate Zones

Goliath Resources Limited Expands Golden Gate and Bonanza Zones At Surebet Discovery

Goliath Resources Limited Reports Multiple High-Grade Gold Drill Results At Surebet Discovery

Goliath Resources Limited Reports Additional Assay Results Confirming Continuity and Expansion of Gold Mineralization Within the Golden Gate Zone

Goliath Resources Limited Reports Assay Results Confirm Expansion of Golden Gate Zone

Goliath Resources Limited Reports Assay Results Confirming Expansion of Bonanza and Golden Gate Zones on Surebet Discovery

Price target decreased by 15% to CA$4.25

Goliath Resources Limited Expands Bonanza Zone and Golden Gate Zone on High-Grade Gold Surebet Discovery

Goliath Resources Limited Commences Fully Funded 50,000 Meter Expansion Drill Program on High-Grade Gold Surebet Discovery

Founder exercised options to buy CA$504k worth of stock.

Goliath Resources Limited Appoints Alan Edwards to Its Advisory Board

New major risk - Financial position

New major risk - Revenue and earnings growth

Founder exercised options to buy CA$343k worth of stock.

Goliath Resources Limited (TSXV:GOT) acquired remaining 51% stake in Golddigger property for CAD 5.8 million.

Goliath Reports Several High-Grade Intercepts Including 24.16 G/T Aueq over 7.00 Meters, Grade Values Increased by 19.6 % in 56 Gold Equivalent Drill Results, and Expands Vast Stacked Vein System At Surebet Discovery, Golden Triangle, B.C

Goliath Resources Limited Reports Several High-Grade Intercepts Up to 10.83 g/t AuEq over 22.82 Meters, Grade Values Increased by 13.2% in 54 Gold Equivalent Drill Results, Surebet Discovery, Golden Triangle, B.C

Goliath Resources Fast Tracks 100% Ownership of the Golddigger Property Hosting the High-Grade Surebet Gold Discovery and Reduces the NSR from 3% to 2%, Golden Triangle, B.C

Goliath Intersects Several High-Grade Holes Including 19.13 g/t Au Over 6.10 Meters, Drilling Significantly

Goliath Reports 10 High-Grade Holes Up to 7.28 g/t Au Over 8.00 Meters Within 5.85 g/t Au Over 10.00 Meters in RIRG Dyke

Goliath Resources Limited Drills Several Holes of High-Grade Gold Up to 10.25 G/T Au over 7.02 Meters Within 5.20 G/T Au over 15.20 G/T Au over 15.00 Meters from 281M to 296M Downhole, Golddigger Property, Gold Triangle, B.C

Goliath Resources Discloses Observations in Holes from This Years Exploration Campaign on the Surebet Discovery, Golden Triangle, B.C

Goliath Resources Limited, Annual General Meeting, Jan 14, 2026

Goliath Resources Limited Drills Multiple High-Grade Gold Intervals Up to 10.72 g/t Au Over 7.83 Meters, Including 20.37 g/t Au over 7.83 Meters

Goliath Resources Limited announced that it has received CAD 26.304059 million in funding

Founder exercised options to buy CA$4.5m worth of stock.

Goliath Resources Limited announced that it expects to receive CAD 23.000003 million in funding

Goliath Resources Limited Completes over 64,000 Meters of Drilling in 110 Drill Holes, with 100% Hit Rate In 90 Days on 1.8 Km2

Goliath Resources Inc. Intersects 18.58 G/T Gold over 5.00 Meters, Drilling Maintains 100% Hit Rate, 90% of Holes Contain

Goliath Resources Limited Announces Assay Results from Drill Hole GD-25-337

Goliath Intersects 11.00 g/t Au over 4.85 Meters, Drilling Maintains 100% Hit Rate, 94% of Holes Contain Visible

Goliath Mining Inc. Announces Update on Surebet Discovery

Goliath Resources Limited Intersects Abundant Visible Gold Within 96.50 Meters of Mineralization At Surebet High-Grade Gold Discovery, Golddigger Property, Golden Triangle, B.C

Goliath Significantly Upizes Fully Funded 2025 Drill Program from 40,000 Up to 60,000 Meters Based on Newly Identified Widespread Abundant Visible Gold in Multiple Drill Holes At the Surebet High-Grade Gold Discovery, Golden Triangle, B.C

Goliath Resources Limited Intersects 6.31 g/t AuEq over 14.35 Meters in RIRG Feeder Dyke, the First of Multiple Relogged Holes

New major risk - Shareholder dilution

Goliath Resources Limited announced that it has received CAD 24.065198 million in funding

Founder exercised options to buy CA$479k worth of stock.

Goliath Resources Limited Confirms Multiple Occurrences of Visible Gold over A 26 Meter Interval from Newly Identified RIRG Feeder Dyke on Surebet High-Grade Gold Discovery That Remains Wide Open, Golddigger Property, Golden Triangle, B.C

Goliath Resources Limited announced that it expects to receive CAD 4.062498 million in funding

Goliath Resources Limited announced that it expects to receive CAD 20.0027 million in funding

Goliath Resources Limited Mobilizes for Its Largest Drill Program of 40,000 Meters with 9 Rigs on the Extensive Surebet High-Grade Gold Discovery That Remains Wide Open Golddigger Property, B.C

Founder exercised options to buy CA$169k worth of stock.

Goliath Resources Inc. Reports Results of the Geological Study Completed by the Colorado School of Mines

Goliath Resources Limited Reports Updated Modelling Confirms the Large Gold Rich Stacked Layered System At Surebet on Its 100% Controlled Golddigger Property Golden Triangle, B.C

New major risk - Financial position

Price target increased by 71% to CA$2.90

Goliath Resources Limited announced that it has received CAD 10 million in funding from McEwen Mining Inc.

New major risk - Shareholder dilution

Goliath Drills 9.39 g/t AuEq Over 10.17 Meters And Updates Model With 4 New Gold Veins For A Total Of 12 Stretching Vertically For 1.2 km And Spread Over A 1.8 km2 Area That Remain Open On Surebet, Golden Triangle, B.C

Goliath Resources Inc. Drills 10.91 g/t AuEq over 10.00 Meters Including 15.51 g/t AuEq Over 7.00 Meters and Discovers Two New Stacked Gold Veins That Remain Open At Surebet High-Grade Gold Discovery, Golden Triangle B.C., Assays Pending on 77 Holes

New minor risk - Share price stability

Goliath Resources Limited Reports Exceptional Gold Intercepts of 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 Meters at Depth On Surebet, Golden Triangle, B.C

Goliath Resources Limited announced that it expects to receive CAD 10 million in funding from McEwen Mining Inc.

New major risk - Shareholder dilution

Goliath Resources Limited Reports Additional Drill Results for 5 Drill Holes from its Successful 2024 Field Season at its 100% Controlled Golddigger Property, Golden Triangle, B.C

Goliath Reports Multiple High-Grade Gold Intercepts Within Several Holes, Inclusive of 130.14 g/t AuEq (4.18 oz/t AuEq) Over 1 Meter In Surebet Zone and 33.80 g/t AuEq (1.09 oz/t AuEq) Over 3.10 Meters In Bonanza Zone – Both Zones Remain Wide Open

Goliath Resources Limited, Annual General Meeting, Feb 25, 2025

Goliath Resource Intercepts 226.12 g/t or 7.3 oz/t AuEq Over 1 Meter Within 45.60 g/t or 1.5 oz/t AuEq over 5.95 Meters

New minor risk - Market cap size

Goliath Resources Concludes Successful 2024 Drill Season a Golddigger Property with Major Discoveries

Goliath Resources Limited announced that it has received CAD 16.120501 million in funding

Goliath Resources Limited announced that it has received CAD 6.499604 million in funding from Crescat Capital LLC

Goliath Resources Limited announced that it expects to receive CAD 10.11675 million in funding

Goliath Intercepts The Highest Concentration Of Visible Gold To Date At Surebet Where 66% Of 2024 Drill Holes Contain Visible Gold, Discovers New Deep Mineralized Zone 1.2 Km Below Surface, Remains Open, And Significantly Expands Drilling To 36,000 Meters With 8 Rigs Turning

Goliath Resources Limited Provides an Update on Diamond Drill Program

Goliath Resources Limited announced that it expects to receive CAD 3 million in funding

Goliath Drilling Confirms 100% of the First 8 Holes of 2024 Hit Significant Mineralization, 75% of the Holes Contain Abundant Visible Gold Up to 1.3MM in Size, Surebet Discovery, Golden Triangle B.C