McEwen Mining To Make Strategic Investment Into Goliath Resources

TORONTO, Jan. 29, 2025 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce that an agreement has been made for McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) to make a strategic investment into Goliath Resources. Strategic Investment Highlights Post transaction, McEwen...
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Goliath Drills Remarkable Hole Assaying 34.52 g/t AuEq (1.11 oz/T AuEq) Over 39.00 Meters, Including 132.93 g/t AuEq (4.27 oz/T AuEq) Over 10.00 Meters, Plus Several High-Grade Holes With Multiple Intercepts, System Remains Wide Open, Golden Triangle, B.C. Assays Pending For 89 Out Of 105 Drill Holes

Drilling Highlights – Golddigger Property: GD-24-260 intercepted the highest concentration of visible gold and its best high-grade gold drill hole to date at the Surebet Discovery from the Bonanza High-Grade Gold Zone that sits ~200 meters above the valley floor level. Mineralization is within a...
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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

Bonanza High Grade Zone Highlights: GD-24-262 collared from Goldsmith Pad intercepted four separate sections of high-grade gold, silver and base metals corresponding to the Surebet and Bonanza Zones characterized by sulphide rich quartz breccia and veining; both remain open. Surebet Zone: 32.67 g/t AuEq or...
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