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TORONTO, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report confirmation of the newly defined volcanic Wedge Zones comprised of gold-bearing quartz-sulphide mineralization including VG-NE within broad intervals in multiple drill holes located directly between the structural intersection of the Bonanza and Golden Gate Zones, significantly expanding the potential volume of known mineralization on its 100% owned Golddigger Property (the “Property”), Golden Triangle, British Columbia. With the increased drill density over the past few seasons, it has increased our understanding and confidence defining these mineralized wedge zones that have assayed up to 3.60 g/t AuEq, and with widths up to 58 meters (2022 – 2026 drill holes previously announced) outside the focus on the major higher-grade gold lodes/veins.

TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report that 2026 drilling thus far of the Surebet Discovery has resulted in expansion of the Golden Gate and Bonanza Zones on its 100% owned Golddigger Property (the “Property”), Golden Triangle, British Columbia. The Golden Gate Zone mineralized footprint is now 1.17 km2, representing a 38% increase compared to 0.85 km2 defined prior to the 2026 drilling program. The Bonanza Zone mineralized footprint is now 1.51 km2, representing a 19% increase compared to 1.27 km2 defined prior to the 2026 drilling program (see news July 15, 2026, August 10, 2026, August 11, 2026); both zones remain open for expansion laterally and at depth. All drill holes completed during the 2026 drill campaign have intersected quartz-sulphide mineralization which generally corresponds to high-grade gold mineralization. 59 out of 98 planned drill holes have been completed to date with a total of 34,990 meters drilled in 2026.

*For reported assay intervals and AuEq calculation please see QA/QC Section

Assay results from multiple gold-rich drill intercepts from 2026 drilling have confirmed the expansion of the Golden Gate Zone to the northeast by 320 meters of the previously known gold mineralization; it remains open laterally and at depth (see Figures 1a and 1b). An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/3c8a7865-5d82-4f3a-bdda-c365345729de An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/3a125625-e447-4dce-a6ea-0366b578c1e1   Drill hole GD-26-414 intersected multiple mineralized intervals belonging to the Surebet and Golden Gate zones.

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): An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/45899e21-381f-40d6-b035-8a62137933c8   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.