Goliath Resources Reports Significant 2025 Drilling Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 24 2026
0mins
Should l Buy MUX?
Source: Globenewswire
- Metallic Mineralization Increase: Goliath reports a 19.6% average increase in metallic mineralization across 56 drill holes in 2025, including high-grade intercepts of 24.16 g/t AuEq over 7 meters, indicating significant resource potential in the area.
- Expanded Drilling Scale: The 64,364 meters drilled in 2025 have significantly expanded the vein system at the Surebet discovery, with over 156,000 meters drilled to date, demonstrating mineralization continuity and future expansion potential.
- High Recovery Rates: Metallurgical testing through gravity and flotation yielded recoveries of 92.2% for gold, 86.5% for silver, 94.2% for lead, and 96.9% for zinc, indicating favorable metallurgical characteristics of the ore suitable for economic extraction.
- Future Drilling Plans: Goliath is fully funded for its 2026 drilling program, focusing on expanding the five main mineralized zones, with expectations to further confirm the presence of the Motherlode source, thereby driving resource growth.
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Analyst Views on MUX
Wall Street analysts forecast MUX stock price to fall
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 28.350
Low
21.00
Averages
22.00
High
23.50
Current: 28.350
Low
21.00
Averages
22.00
High
23.50
About MUX
McEwen Inc is a gold and silver mining production and exploration company. The Company is also involved in a copper development project. Its operations sites include San Jose Mine, Fox Complex, Gold Bar mine, El Gallo Complex, Project Fenix, Los Azules, and Fox West. The San Jose mine is located in the northwest corner of the Deseado Massif region, approximately 20 kilometers north of Newmont's Cerro Negro mine. The Fox Complex is located in the Timmins Gold Mining Camp in Northern Ontario, Canada. The Gold Bar Mine is located in the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The El Gallo Complex is located in Mexico’s Sinaloa State, along the foothills of the Sierra Madres Occidental mountain range. The Fox West properties are located in the heart of Timmins Gold Camp in northern Ontario, Canada. The Company also holds an interest in Tartan Lake Gold Mine Project, which is located in the province of Manitoba, Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Goliath Resources Extends Warrant Expiry Date
- Warrant Extension: Goliath Resources has applied to extend the expiry date of 2,590,673 common share purchase warrants from March 10, 2026, to September 10, 2026, maintaining an exercise price of $2.50 per warrant, aimed at providing the company with greater financing flexibility.
- Strategic Financing Context: These warrants were originally issued in connection with a $10 million non-brokered private placement on March 10, 2025, highlighting the company's active engagement in capital markets and its partnership with McEwen Inc.
- Exploration Progress: Goliath completed its largest drilling campaign to date in 2025, totaling 64,364 meters, showcasing its exploration potential in the Golden Triangle, with plans for a similarly scaled drilling program in 2026 to further advance resource development.
- Stable Shareholder Base: The company’s key strategic shareholders include Crescat Capital and McEwen Inc., ensuring a stable source of funding and support for future projects, thereby enhancing market confidence.
See More
Goliath Resources Extends Warrant Expiry Date
- Warrant Extension: Goliath Resources has applied to extend the expiry date of 2,590,673 warrants from March 10, 2026, to September 10, 2026, maintaining an exercise price of $2.50 per warrant, aimed at enhancing investor confidence and providing flexibility for future financing.
- Strategic Financing Context: These warrants were initially issued in connection with a $10 million non-brokered private placement on March 10, 2025, reflecting the company's active engagement in capital markets and its funding needs for future projects.
- Exploration Progress: Goliath completed its largest drilling campaign to date in 2025, totaling 64,364 meters, showcasing its exploration potential in the Golden Triangle, with plans for a similarly scaled drilling program in 2026 to further advance resource assessment.
- Stable Shareholder Structure: The company boasts a strong base of strategic shareholders, including Crescat Capital and McEwen Inc., which enhances its capital foundation and market credibility, providing robust support for future project development.
See More
Goliath Resources Reports Significant 2025 Drilling Results
- Metallic Mineralization Increase: Goliath reports a 19.6% average increase in metallic mineralization across 56 drill holes in 2025, including high-grade intercepts of 24.16 g/t AuEq over 7 meters, indicating significant resource potential in the area.
- Expanded Drilling Scale: The 64,364 meters drilled in 2025 have significantly expanded the vein system at the Surebet discovery, with over 156,000 meters drilled to date, demonstrating mineralization continuity and future expansion potential.
- High Recovery Rates: Metallurgical testing through gravity and flotation yielded recoveries of 92.2% for gold, 86.5% for silver, 94.2% for lead, and 96.9% for zinc, indicating favorable metallurgical characteristics of the ore suitable for economic extraction.
- Future Drilling Plans: Goliath is fully funded for its 2026 drilling program, focusing on expanding the five main mineralized zones, with expectations to further confirm the presence of the Motherlode source, thereby driving resource growth.
See More
Goliath Resources Reports Significant 2025 Drilling Results
- Grade Improvement: Goliath reports a 19.6% average increase in overall grade values from the 2025 drilling results, which includes silver, copper, lead, and zinc, significantly enhancing its competitive position in the market.
- Expanded Drilling Scale: In 2025, Goliath completed over 64,000 meters of drilling, bringing the total to over 156,000 meters, indicating the Surebet discovery's vein system has substantial expansion potential, likely attracting further investment.
- High-Grade Mineralization Confirmation: All 110 drill holes have intersected gold mineralization, with 76% showing visible gold, demonstrating predictable continuity and setting a solid foundation for future resource assessments.
- Positive Metallurgical Testing: Metallurgical tests indicate recoveries of 92.2% for gold and 86.5% for silver, suggesting strong economic extraction potential for the ore, further enhancing Goliath's market appeal.
See More
Goliath Resources Reports Significant Drill Results at Surebet Discovery
- Significant Gold Discovery: Goliath reports a 13.2% average increase in gold equivalent grades across 54 drill holes, with drill hole GD-25-337 achieving 10.83 g/t AuEq over 22.82 meters, highlighting the economic potential of the region.
- Continuous Expansion of Drilling Results: To date, 100% of the drill holes have intersected gold mineralization, demonstrating remarkable continuity and widths at the Surebet Discovery, with future drilling expected to confirm and expand this critical gold resource.
- Diverse High-Grade Ore Types: Three distinct rock types containing substantial visible gold have been identified at the Surebet Discovery, further confirming the potential presence of a Motherlode magmatic source nearby, indicating future resource development opportunities.
- Fully Funded 2026 Drilling Program: Goliath is fully funded for its 2026 drilling campaign, which will focus on expanding the five main mineralized zones, expected to enhance the project's economic value and market appeal.
See More
Goliath Resources Reports Significant Gold Potential from Latest Drill Results
- Drill Results Improvement: Goliath reports a 13.2% average increase in gold equivalent grades from 54 drill holes, with GD-25-337 achieving 10.83 g/t AuEq over 22.82 meters, indicating significant gold potential in the region.
- Strong Mineralization Continuity: All completed drill holes to date have intersected gold mineralization, demonstrating excellent continuity and widths within the 1.8 km² Surebet Discovery, providing a solid foundation for future expansion.
- High-Grade Ore Identification: Of the 110 holes drilled in 2025, 83 holes (76%) contained visible gold, showcasing the widespread distribution of gold mineralization and further confirming its potential as a significant gold discovery.
- Future Drilling Plans: The fully funded 2026 drilling program will focus on expanding the five main mineralized zones, with expectations to further validate the presence of the Motherlode source, thereby driving future resource growth.
See More
Goliath Resources Extends Warrant Expiry Date
- Warrant Extension: Goliath Resources has applied to extend the expiry date of 2,590,673 common share purchase warrants from March 10, 2026, to September 10, 2026, maintaining an exercise price of $2.50 per warrant, aimed at providing the company with greater financing flexibility.
- Strategic Financing Context: These warrants were originally issued in connection with a $10 million non-brokered private placement on March 10, 2025, highlighting the company's active engagement in capital markets and its partnership with McEwen Inc.
- Exploration Progress: Goliath completed its largest drilling campaign to date in 2025, totaling 64,364 meters, showcasing its exploration potential in the Golden Triangle, with plans for a similarly scaled drilling program in 2026 to further advance resource development.
- Stable Shareholder Base: The company’s key strategic shareholders include Crescat Capital and McEwen Inc., ensuring a stable source of funding and support for future projects, thereby enhancing market confidence.
See More
Goliath Resources Extends Warrant Expiry Date
- Warrant Extension: Goliath Resources has applied to extend the expiry date of 2,590,673 warrants from March 10, 2026, to September 10, 2026, maintaining an exercise price of $2.50 per warrant, aimed at enhancing investor confidence and providing flexibility for future financing.
- Strategic Financing Context: These warrants were initially issued in connection with a $10 million non-brokered private placement on March 10, 2025, reflecting the company's active engagement in capital markets and its funding needs for future projects.
- Exploration Progress: Goliath completed its largest drilling campaign to date in 2025, totaling 64,364 meters, showcasing its exploration potential in the Golden Triangle, with plans for a similarly scaled drilling program in 2026 to further advance resource assessment.
- Stable Shareholder Structure: The company boasts a strong base of strategic shareholders, including Crescat Capital and McEwen Inc., which enhances its capital foundation and market credibility, providing robust support for future project development.
See More
Goliath Resources Reports Significant 2025 Drilling Results
- Metallic Mineralization Increase: Goliath reports a 19.6% average increase in metallic mineralization across 56 drill holes in 2025, including high-grade intercepts of 24.16 g/t AuEq over 7 meters, indicating significant resource potential in the area.
- Expanded Drilling Scale: The 64,364 meters drilled in 2025 have significantly expanded the vein system at the Surebet discovery, with over 156,000 meters drilled to date, demonstrating mineralization continuity and future expansion potential.
- High Recovery Rates: Metallurgical testing through gravity and flotation yielded recoveries of 92.2% for gold, 86.5% for silver, 94.2% for lead, and 96.9% for zinc, indicating favorable metallurgical characteristics of the ore suitable for economic extraction.
- Future Drilling Plans: Goliath is fully funded for its 2026 drilling program, focusing on expanding the five main mineralized zones, with expectations to further confirm the presence of the Motherlode source, thereby driving resource growth.
See More
Goliath Resources Reports Significant 2025 Drilling Results
- Grade Improvement: Goliath reports a 19.6% average increase in overall grade values from the 2025 drilling results, which includes silver, copper, lead, and zinc, significantly enhancing its competitive position in the market.
- Expanded Drilling Scale: In 2025, Goliath completed over 64,000 meters of drilling, bringing the total to over 156,000 meters, indicating the Surebet discovery's vein system has substantial expansion potential, likely attracting further investment.
- High-Grade Mineralization Confirmation: All 110 drill holes have intersected gold mineralization, with 76% showing visible gold, demonstrating predictable continuity and setting a solid foundation for future resource assessments.
- Positive Metallurgical Testing: Metallurgical tests indicate recoveries of 92.2% for gold and 86.5% for silver, suggesting strong economic extraction potential for the ore, further enhancing Goliath's market appeal.
See More
Goliath Resources Reports Significant Drill Results at Surebet Discovery
- Significant Gold Discovery: Goliath reports a 13.2% average increase in gold equivalent grades across 54 drill holes, with drill hole GD-25-337 achieving 10.83 g/t AuEq over 22.82 meters, highlighting the economic potential of the region.
- Continuous Expansion of Drilling Results: To date, 100% of the drill holes have intersected gold mineralization, demonstrating remarkable continuity and widths at the Surebet Discovery, with future drilling expected to confirm and expand this critical gold resource.
- Diverse High-Grade Ore Types: Three distinct rock types containing substantial visible gold have been identified at the Surebet Discovery, further confirming the potential presence of a Motherlode magmatic source nearby, indicating future resource development opportunities.
- Fully Funded 2026 Drilling Program: Goliath is fully funded for its 2026 drilling campaign, which will focus on expanding the five main mineralized zones, expected to enhance the project's economic value and market appeal.
See More
Goliath Resources Reports Significant Gold Potential from Latest Drill Results
- Drill Results Improvement: Goliath reports a 13.2% average increase in gold equivalent grades from 54 drill holes, with GD-25-337 achieving 10.83 g/t AuEq over 22.82 meters, indicating significant gold potential in the region.
- Strong Mineralization Continuity: All completed drill holes to date have intersected gold mineralization, demonstrating excellent continuity and widths within the 1.8 km² Surebet Discovery, providing a solid foundation for future expansion.
- High-Grade Ore Identification: Of the 110 holes drilled in 2025, 83 holes (76%) contained visible gold, showcasing the widespread distribution of gold mineralization and further confirming its potential as a significant gold discovery.
- Future Drilling Plans: The fully funded 2026 drilling program will focus on expanding the five main mineralized zones, with expectations to further validate the presence of the Motherlode source, thereby driving future resource growth.
See More
