Impact: Positive
Goliath reported additional drill results for five holes from its 100%-controlled Golddigger property in the Golden Triangle in BC. We view the results positively as they continue to demonstrate high grades at the Surebet and Bonanza zones and have expanded the Bonanza zone. We believe that the identification of a more significant feeder zone could provide the project with additional upside potential. We currently model a mineral inventory estimate of between 2.6-3.8M oz AuEq at 4.09 g/t, which only incorporates the ten modelled veins above a potential feeder source.
