When drilling begins Goliath Resources Ltd. (TSX-V: GOT) (Frankfurt: B4IE) will start in high-grade mineralization, the only question is how deep and what grade
Goliath Resources Limited (TSX:GOT)
NEW YORK, NY, USA, July 11, 2018 /EINPresswire.com/ — Goliath Resources Limited (TSX-V: GOT) (Frankfurt: B4IE) announced the initiation of its surface exploration programs on both its Copperhead and Lucky Strike properties located proximal to the Golden Triangle in British Columbia. The Company is planning to drill highly prospective virgin targets this 2018 which were previously under glaciers that only recently retreated, exposing exceptional Gold, Silver, and Copper mineralization at surface.
The following URLs have been identified for further insight on Goliath Resources Ltd.:
– Company website:
– Recent Mining MarketWatch Journal article:
– Recent CEO Interview:
Goliath Resources Founder and CEO, Roger Rosmus, was interviewed recently by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC (we have provided excerpt copy of interview below). Goliath Resources has recently been the subject of several advisories, including mining analyst Bob Moriarty and Portfolio Manager John Newell of Fieldhouse Capital Management, regarding exceptional valuation-creation potential as the Company prepares to drill two of its four properties this summer-2018 proximal to the Golden Triangle in British Columbia. A very real possibility exists for investors to experience a major appreciation in share price when Goliath announces initial drill results. Analogies for what GOT.V investors have potential to see are what happened to the share prices of GT Gold Corp. (TSX-V: GTT $0.20 to $2.76) and Garibaldi Resources Corp. (TSX-V: GGI $0.20 to $2.76) when they hit their discovery drill holes in 2017.
Goliath Resources Limited (TSX-V: GOT, Frankfurt: B4IE) is a project generator of precious metals projects, focused in the prolific Golden Triangle and surrounding area of northwestern British Columbia. It controls 100% of four highly prospective properties that include Bingo, Golddigger, Lucky Strike and Copperhead, covering over 44,000 hectares. All four properties have brand new discoveries, never drilled before, that all have returned anomalous gold, silver and/or copper in soils, grab and channel samples from exposed bedrock at surface over large areas. We learned from Roger Rosmus, Founder and CEO of Goliath Resources Limited, a veteran investment banker, that as project generator, they are looking for projects that are elephant size, that are new and that will tick all the boxes for any senior mining company to do a joint venture, a strategic investment, or a potential takeout. Their new discoveries are the product of glacial recession and permanent snowpack melting due to the recent climate change resulting in widespread hybrid mineralization at surface over large areas seen for the first time; truly a once in a life time event. The main focus, in 2018, includes drilling of brand new discoveries at their Lucky Strike and Copperhead projects
Dr. Allen Alper: This is Dr. Allen Alper, Editor-in-Chief of Metals News, interviewing Roger Rosmus, the Founder and CEO of Goliath Resources. Could you give our readers/investors an overview of yourself, your company, your focus and current activities?
Roger Rosmus: I've been in the investment banking world for over 25 years, primarily raising capital for private and public companies, many have been in the resource sector. When I saw this package of assets, I literally fell off my chair, in awe, because this is a once in a life time opportunity. I've never seen anything so spectacular as these four projects in my entire career that also have similarities to GT Gold Corp. (TSX-V: GTT) and Garibaldi Resources Corp. (TSX-V: GGI) projects before they drilled.
After the company was incorporated, we raised 2.2 million dollars and completed a RTO transaction in October of 2017. We are currently trading on the TSX venture, under the symbol GOT, and more recently, we listed on a Frankfurt, the ticker being B4IE. With the 2.2 million raised, we took options on four projects in the golden triangle and surrounding area from the J2 Syndicate, a private company and precious metals project generator. Golddigger and Bingo projects are within the triangle, and we have two projects, just south of there, around Terrace & Smithers, BC, which are Lucky Strike and Copperhead.
In addition to taking the four property options, we also acquired a 10 percent interest in a private syndicate called DSM, which staked six projects far south of Terrace. Goliath will receive 10 percent of all the economics in relation to any deals on these projects, that could potential provide non-dilutive cash flow for the company down the road.
Our business model is purely a project generator of precious metal projects that are new discoveries and elephant size. We are looking for new large projects in the right geological setting that will tick all the boxes for any senior mining company to do a potential joint venture, strategic investment, or a potential takeout. If they don’t tick all the boxes, we're not going to waste our time on it. As we all know, grass roots exploration is a high-risk business, and we’ll do anything to help mitigate some of these risks. We're looking for new discoveries that are highly mineralized, large and obvious, which we have found at all four projects. Attracting a senior partner increases the probability of success and getting a material project across the line. We do believe that there is the potential to have one or even two significant discoveries this year. The first being our massive Prosperity Bullseye Gold-Copper-Moly porphyry drill target at Lucky Strike and our large area of volcanic breccia outcrop that has widespread mineralization of Copper-Silver exposed at surface at Copperhead…
The full CEO interview may be viewed at http://sectornewswire.com/release070618got.htm online.
Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned.
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Goliath Resources’ Prosperity Bullseye Zone
Source: EIN Presswire