Curated News
By: NewsRamp Editorial Staff
July 02, 2025

Goliath Resources Discovers New Gold Occurrences in British Columbia

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Original Source

TLDR

  • McEwen Mining's portfolio company Goliath Resources reports significant gold findings, expanding its drill program to unlock more value for investors and stakeholders.
  • Goliath Resources discovered six new gold occurrences in a 96.5-meter interval, extending the gold-rich system and increasing the 2025 drill program to 60,000 meters.
  • The expansion of Goliath Resources' drill program and gold discoveries contribute to economic growth and job creation in British Columbia's Golden Triangle.
  • Exploring deep magnetic anomalies, Goliath Resources hits gold again, mirroring its highest-grade intercept and pushing the boundaries of the Surebet system's potential.

Impact - Why it Matters

This discovery is significant for investors and the mining industry as it not only expands the known gold-rich system in British Columbia’s Golden Triangle but also underscores the potential for further discoveries in the region. The expansion of the drill program indicates confidence in the area's mineral potential, which could lead to increased mining activity and economic benefits for the region. For McEwen Mining and its stakeholders, this represents an opportunity to enhance the value of their investment and contribute to the global supply of precious metals.

Summary

Goliath Resources Limited, a portfolio company of McEwen Mining (NYSE: MUX) (TSX: MUX), has reported six new visible gold occurrences in a 96.5-meter mineralized interval from drill hole GD-25-302 at the Bonanza Zone of its Golddigger Property in British Columbia’s Golden Triangle. This discovery, targeting a deep magnetic anomaly, significantly extends the gold-rich system and resembles Goliath’s highest-grade intercept to date. In response, Goliath has expanded its 2025 drill program from 40,000 to 60,000 meters to further explore the Surebet system and its Reduced Intrusion Related Gold (RIRG) potential. McEwen Mining, with operations in Nevada, Canada, Mexico, and Argentina, aims to enhance asset productivity and longevity, backed by Rob McEwen's substantial personal investment. For more details, visit https://ibn.fm/MUX.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Goliath Resources Discovers New Gold Occurrences in British Columbia

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