In this segment of The Ellis Martin Report and Money Talk Radio, we speak with Roger Rasmus, CEO of Goliath Resources Ltd. (TSX-V: GOT) (OTCQB: GOTRF). Goliath is a junior resource exploration company with a focus on high-grade gold projects in the prolific Golden Triangle and northwestern British Columbia.

The company is advancing a significant discovery at its flagship Gold Digger property, where glacial melt has exposed a previously undrilled, high-grade gold system. This site, located near tidewater and the town of Kitsault, features exceptional infrastructure and access. The Gold Digger property includes ten structurally controlled high-grade gold vein shears spanning 1.8 square kilometers. Strategic shareholders include Crescat Capital, Eric Sprott, Rob McEwen, and a major Singapore-based commodity group.

Roger Rasmus brings over 25 years of investment banking experience to Goliath. He notes that widespread visible gold—some seen with the naked eye—has led the company to upsize its 2025 drill program from 40,000 to 60,000 meters. Additionally, 75 previously drilled holes have been re-logged and are being assayed, with early results including 6.31 g/t AuEq over 14 meters.

Currently, five drill rigs are turning, with plans to ramp up to nine. The company recently completed a $27 million CAD capital raise—$23 million via a bought deal led by Stifel Canada, and a $4 million sidecar—at a premium price of $3.17/share with no warrant. The raise brought in high-quality institutional investors managing multi-billion-dollar portfolios.

Past drill results at Gold Digger have delivered bonanza-grade intercepts, including one ounce per ton over 39 meters. Goliath will target these zones heavily in 2025. Notably, they are also pioneering the exploration of gold-bearing dikes—17 of which traverse the property—with four already confirmed to contain high-grade mineralization.

Metallurgical testing confirms 92.2% gold recovery using gravity and flotation (no cyanide required), with nearly 50% of the gold being free-milling. These results, coupled with strategic infrastructure, permitted mill sites, and housing for up to 1,000 workers, position Gold Digger as a tier-one mine candidate.

Despite challenging conditions for junior miners in recent years, Goliath has successfully raised nearly $80 million CAD in the last three years. The company remains well-funded, fully permitted, and focused on unlocking significant shareholder value.

More assay results from the re-logged drill core and ongoing 2025 exploration are expected soon.

Courtesy of the Ellis Martin Report