Goliath Resources Limited reported the discovery of the new high-grade gold Full Contact target that remains open on the Cambria Icefields at its 100% controlled Golddigger Property, Golden Triangle, British Columbia. The new target contains grab samples that assayed up to 101.13 g/t AuEq or 3.25 oz/t AuEq (101.00 g/t Au and 10 g/t Ag). The target has only recently been exposed as a result of glacial abatement and is drill ready.

The new high-grade Full Contact discovery is located 19 km northwest of the Surebet Zone on the Cambria Icefields and consists of a 1.4 km trend on the Red Line (the contact between Stuhini and Hazelton Group rocks) within which are multiple gossans, Full Contact remains open. The area contains multiple silicified zones, quartz veins up to 14 m wide, and shear zones, containing strong widespread gold-sulphide mineralization over a 700 meter trend with grades up to 101.13 g/t AuEq (101.00 g/t Au and 10 g/t Ag) that remains wide open in all directions. A 70-meter-wide zone of mineralized quartz veins and breccia that remains open in all directions has been identified in the immediate surroundings of the 101.13 g/t AuEq sample.

The Full Contact discovery shares the same geological setting and alteration as the Bonanza Shear, part of the Surebet Discovery with mineralization forming around the volcanic-sedimentary units' contact. Mineralization consists primarily of pyrite, with lesser arsenopyrite and sphalerite disseminated within silicified zones, concentrating in veins and fractures. The Full Contact target is drill ready and can quickly evolve into a significant new discovery.

Additional follow-up work along the 1.4 km trend that remains open would also include further prospecting, channel cutting and mapping to outline the full extent of this discovery that remains open in preparation for additional drilling. The Full Contact outcrop has only just very recently been exposed as a result of exponential glacial retreat and permanent snowpack abatement confirming the excellent remaining discovery potential on the 100% controlled Golddigger property covering over 64,000 hectares. It demonstrates the excellent untapped potential for additional discoveries on the Golddigger property, which encompasses 56 km of the Red Line and could quickly evolve into another material discovery.

Multiple additional high-grade gold-silver-base-metals showings have been identified on the Cambria Icefields claims. These showings will be further explored during the 2024 field season in preparation for future drilling and include the previously announced Treasure Island discovery, Metallica showing, Honey Pot and Big One, as well as some new showings. More prospecting, sampling, and mapping is required in order to assess and expand on their mineral potential. Golddigger Property: The Golddigger Property is 100% controlled covering an area of 64,264 hectares (158,800 acres) and is in the world class geological setting of the Eskay Rift within the Golden Triangle of British Columbia and within 3 kilometers of the Red Line that is host to multiple world class deposits.

The Surebet discovery has exceptional metallurgy with gold recoveries of 92.2% inclusive of 48.8% free gold from gravity alone at a 327-micrometer crush (no deleterious elements and no cyanide required to recover the gold based on metallurgical work completed to date). It is in an excellent location in close proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tide water with direct barge access to Prince Rupert (190 kilometers via the Observatory inlet/Portland inlet).

The town of Kitsault is accessible by road (190 kilometers from Terrace, 300 kilometers from Prince Rupert) and has a barge landing, dock, and infrastructure capable of housing at least 300 people, including high-tension power. Additional infrastructure in the area includes the Dolly Varden Silver Mine Road (only 7 kilometers to the East of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometers to the south of the Surebet discovery) and high-tension power (25 kilometers to the East of Surebet discovery). The city of Terrace (population 16,000) provides access to railway, major highways, and airport with supplies (food, fuel, lumber, etc.), while the town of Prince Rupert (population 12,000) is located on the west coast and houses an international container seaport also with direct access to railway and an airport with supplies.