
In this edition of The Ellis Martin Report and Money Talk Radio, Ellis Martin welcomes Roger Rosmus, CEO of Goliath Resources Ltd. (TSX-V:GOT) (OTCQB:GOTRF)—a junior exploration company making major strides in the Golden Triangle region of British Columbia.
Rosmus provides a powerful update on the company’s Gold Digger Property, an area long hidden beneath glacial cover that’s now emerging as one of the most significant new gold discoveries in Canada. The Sherbet Zone—a 1.8 km² corridor of stacked, high-grade gold veins—continues to deliver extraordinary results with 64,000 meters drilled in 110 holes and a 100 percent hit rate.
▶ 2024 Highlights
• Visible gold (VG) in 94 % of holes vs 32 % in 2023 — a dramatic leap thanks to enhanced personnel and logging precision.
• Nine rigs on site for a record 64,000-meter campaign.
• 76 % of holes show visible gold to the naked eye.
• Largest drill program of its kind in Canada’s mountain topography.
• 88 assay results still pending as of October 2025.
▶ Strategic and Financial Strength
• $23 million CAD bought deal led by Stifel Canada — six times oversubscribed, no warrants, north of $4 on a charity flow-through.
• Fully funded through the 2026 season — no financing overhang.
• Strategic shareholders include Eric Sprott, Rob McEwen (McEwen Inc.), Crescat Capital, and Warta Advisors (≈ 5 % holding).
• Goliath also owns ≈ 900,000 shares of McEwen Inc. (stock up from CA$11.50 to ≈ CA$24.50), adding ≈ $9 million in non-dilutive value.
Rosmus and Martin discuss the broader gold market context as prices hover around $3,800 USD per ounce, and why Goliath Resources offers an exceptional exploration leverage opportunity for generalists seeking exposure to a potential Tier One discovery in a world-class mining jurisdiction.
Quote from Roger Rosmus: “If you want exposure to an explorer that’s on track for a Tier One discovery that will be a mine one day, Goliath is positioned to deliver that.”
Courtesy of the Ellis Martin Report
The Prospector News’ Michael Fox, Adam Hawkins from Global External, a... READ MORE
A major incident involving a landslide at the world’s second largest c... READ MORE
Australia’s mining sector is at a cross-roads. As global de... READ MORE
Operators, engineers, supervisors, and managers from mine sites a... READ MORE