
Goliath Resources
Precious metals exploration company.
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* | N/A | CAD27.1m | Private Placement VC |
Total Funding | 000k |
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Source: Company filings or news article, Equity research estimates
Goliath Resources Limited operates as a junior resource exploration company, publicly traded on the TSX Venture Exchange under the symbol GOT. The company's activities are centered on the acquisition and exploration of mineral properties, with a specific focus on precious metals like gold, silver, copper, and molybdenum in British Columbia, Canada. The business model is that of a project generator, which involves identifying and advancing mineral projects. As an exploration-stage company, Goliath Resources does not currently generate revenue and its operations are funded through financing activities.
Founded in 2006 by Roger Rosmus, who serves as the President and CEO, the company has established a portfolio of exploration projects. Mr. Rosmus brings over 25 years of investment banking experience, specializing in mergers and acquisitions and corporate finance, coupled with an MBA from the Richard Ivey School of Business. His background in finance and serial entrepreneurship led him into the mining sector, where he identified the opportunity that became Goliath Resources. The leadership team also includes seasoned professionals with extensive experience in geology and mining finance.
The company's flagship asset is the 100% controlled Golddigger property, located in the prolific Golden Triangle of northwestern British Columbia. This property hosts the Surebet discovery, a high-grade gold-silver system that had never been drilled prior to Goliath's involvement due to receding glaciers and snowpack. The Golddigger project benefits from its location near tidewater and existing infrastructure, including a nearby permitted mill site. The company's exploration efforts are focused on defining the extent of this large mineralized system, which has consistently yielded high-grade intercepts. A significant breakthrough was the discovery of gold mineralization within Eocene-aged dykes, a type of rock previously thought to be barren in the region, which has changed the geological understanding and exploration potential of the area. Goliath's exploration programs involve extensive drilling campaigns to test targets at depth and expand the known mineralized zones. The company has attracted strategic investments from notable entities in the mining sector, including McEwen Mining Inc., Mr. Rob McEwen, and Crescat Capital.
Keywords: precious metals exploration, junior mining, Golden Triangle BC, gold discovery, silver exploration, molybdenum, copper, Golddigger property, Surebet discovery, mineral exploration, resource exploration, Roger Rosmus, TSX-V GOT, Canadian mining, high-grade gold, exploration drilling, project generator, mining finance, geologic discovery, porphyry systems