Saturday, October 17, 2026
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Saturday, October 17, 2026 Admin

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News release

Drill Results Exploration Programs

GOLIATH

RESOURCES LIMITED

Goliath Reports Up To 8.09 G/T AuEq Over 16.00 Meters, Assays Confirm Gold Mineralization In Expanded Bonanza and Golden Gate Zones On High-Grade Gold Surebet Discovery, Golden Triangle, B.C.

v Assay results from multiple gold-rich drill intercepts from 2026 drilling, have confirmed expansion of the Bonanza and Golden Gate Zones that remain open (see Figure 1):

6163000

REMAINS y a”

OPEN

vA 0 500

-* - -

456000 457000 458000 459000

i i a | M Legend og 9 ’ .

Cae! rns ,: © 2026 drill pad tin * Pee 2026 drill hole completed Fé Bot ’ —— 2026 drill hole planned oa Outcropping 2021-2025 drill pad ge * Bonanza contact i=] “ + foal 8 | 2021-2025 drill hole Rc Bonanza (volcanics/sediments) zg $ Surebet Zone outcrop By S Nae Bonanza Zone outcrop a expansion oA; [£{] Confirmed Bonanza Zone x ‘ [2] Confirmed Golden Gate Zone oe potential - -

i 100 METER -" jf << CONFIRMED NSION REMAINS OPEN

KX y

CONFIRMED ss LN _ EXPANSION aes METER .

s | CONFIRMED Jackpot 3 é Bonanay EXPANSION WwW 8 expansion st potentiak—_ 1,000 m

T 456000

T T

457000 458000

T 459000

000919

Figure 1. Plan View Map of the Surebet Discovery

  • Gold mineralization has been confirmed with assays from drill hole GD-26-417 expanding the Bonanza and Golden Gate zones by 540 meters to the southwest. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza and Golden Gate zones up to 750 meters to the southwest.
  • Gold mineralization has been confirmed with assays from drill hole GD-26-418 expanding the Bonanza Zone 100 meters to the north and remains open. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza zone up to 200 meters to the north.

GOLIATH

RESOURCES LIMITED.

  • Gold mineralization has been confirmed with assays from drill hole GD-26-425 expanding the Bonanza Zone 100 meters to the west and remains open. Assays are pending on additional drill holes in these areas that could potentially confirm the expansion of the Bonanza zone up to 200 meters to the west.

Y Drill hole GD-26-418 had two separate gold mineralization intercepts. The first from Surebet Zone, intercepted 8.09 g/t AuEq over 16.00 m, including 18.39 g/t AuEq over 6.75 meters, including 39.99 g/t AuEq over 1.00 meters and 74.67 g/t AuEq over 1.10 meters in an interval characterized by multiple occurrences of visible gold to the naked eye (VG-NE) hosted in quartz-sulphide stockwork and breccia. The second from Bonanza Zone expansion to the north that assayed 4.42 g/t AuEq over 5.00 meters, including 7.78 g/t AuEq over 2.79 meters, including 23.76 g/t AuEq over 0.90 meters; it remains open. This interval also contains several occurrences of VG-NE hosted in quartz-

sulphide veins (see Figure 2a, 2b and 2c).

GD-21-21 GD-21-20 |

9.85 git AUEq 4.05 g/t AUEq GD-25-385 | GD-22-70 GD-23-203 over 5.54 m over 9.46 m 10.21 git AuEq GD-23-220 14.46 gitAuEq| ) 3.67 gitAuEq || Gp.25-332 i over 4.00.m 13.22 g/t AuEq over 6.00 m / over 7.00 m 13.94 g/t AUEq) | over5.10m f over 5.75m

— A ~~ GD-26-418 a ——| 8.09 g/t AuEq

Over 16.00 m

GD-21-05

13.35 g/t AUEq over 6.38 m

GD-22-53

10.23 g/t AuEq | | over 9.70 m GD-25-373 | cease — ‘perrson | | aD-242e1 || 140gtAuea GD-21-22 8.04 git AuEq | |_ Ver 20.38.m 19.84 g/t AUEq j over 6.00 m over 3.96 m GD-25-328 19.98 g/t AUEq | | over 5.00 m } GD-26-418 <a \ 4.42 git AuEq _ || over 5.00 m | | | \ LEGEND Plunge 00 Azimuth 180 ® MM Newly Reported Drill Intercepts Looking South MB High Grade Drill Intercepts oO 100 200 300

Figure 2a. Cross Section of Surebet Zone, re: Hole GD-26-418

GOLIATH Drill Hole GD-26-418

8.09 g/t AuEq over 16 m, including 14.09 g/t AuEq over 9.05 m,

a ee including 15.67 g/t AuEq over 8.10 m, including 18.39 g/t AuEq over 6.75 m,

G D-26-4 1 8 including 39.99 g/t AuEq over 1.00 m, including 74.67 g/t AuEq over 1.10 m 8.09 g/t AUEgq Over 16 Meters in the Surebet Zone ———— 2 z

gabe.

Interval 279.00 295.00 16,00 7.34 35.56 0.02 0.53 0.31 8.09

Including | 283.00 292.05 9.05 12.84 | 59.78 0,02 | 0.92 0.52 14,09

GD-26-418 Including 283.95 292.05 8.10 14.31 65.51 0.02 1.01 0.53 15.67
Including 285.30 292.05 6.75 _ 16.86 | 73.80 0.02 1.12 0.59 18.39

Including 285.30 286.30 1.00 38.56 65.82 0.03 1.07 0.75 39.99

including 290.95 292.05 1.10 67.15 368.00 | 0.07 5.54 2.78 74.67

Figure 2b. Highlights of Hole GD-26-418

*For reported assay intervals and AuEgq calculation please see QA/QC Section on page 17

GOLIATH

RESOURCES LIMITED.

G O L IAT H Drill Hole GD-26-418

EHSL o ECTS le WR 4.42 git AuEq over 5 m, including 7.78 g/t AuEq over 2.79 m

GD-26-418

4.42 git AuEq Over 5 Meters in the Bonanza Zone | im | ‘ [ io | 7 in | zy

Interval 514.00 519.00 5.00 4.36 2.28 0.01 0.01 0.04 4.42

GD-26-418 | Including 516.21 519.00 2.79 7.70 3.56 0.01 0.01 0.05 7.78
Including 517.10 518.00 0.90 23.54 10.17 0.01 0.03 0.14 23.76

Figure 2c. Highlights of Hole GD-26-418

*For reported assay intervals and AuEgq calculation please see QA/QC Section on page 17

Y Drill hole GD-26-417 intersected a newly discovered mineralized zone, that extends over 58.00 meters grading 0.52 g/t Au, including 1.00 g/t Au over 9.00 meters within the southwest extension zone (gold only), a wedge-like intercept that sits between Bonanza & Golden Gate Zones (see image below). Multiple occurrences of VG-NE have been identified within this long interval of frequent tightly spaced quartz-sulphide veins and veinlets located right below the sedimentary-volcanic contact. An additional interval of quartz-sulphide veining containing VG-NE that assayed 2.13 g/t Au over 5.00 meters, including 8.96 g/t Au over 1.00 meters was intercepted lower down and is part of the Golden Gate Zone that remains open (see Figures 3a and 3b).

GOLIATH

"RESOURCES

LIMITED.

Au_g/t Zones

East Slice +457370.00

Cross Section Thickness 150m

Plan View

Enclose Object

6087808800862(

0 250 500 750000

———

Figure 3a. Cross Section of Hole GD-26-417

GOLIATH

RESOURCES LIMITED

GD-26-417

58 Meters at 0.52 g/t Au in Andesite

GD-26-417

Drill Hole GD-26-417

0.52 g/t Au over 58 m, including 0.94 g/t Au over 12.00 m,

including 1.00 g/t Au over 9.00 m

2.13 g/t Au over 5.00 m, including 3.42 g/t Au over 3.00 m,

including 8.96 g/t Au over 1.00 m

Interval

Including 236.00 248.00 12.00 0.94
Including 236.00 245.00 9.00 1.00
Interval 285.00 290.00 5.00 2.13
Including 285.00 288.00 3.00 3.42
Including 286.00 287.00 1.00 8.96

Figure 3b. Highlights of Hole GD-26-417

*For reported assay intervals and AuEgq calculation please see QA/QC Section on page 17