Mr. Roger Rosmus reports

GOLIATH RESOURCES SELECTED FOR AME ROUNDUP 2024 CORE SHACK, BOOTH # 819; ALSO ATTENDING VRIC 2024, BOOTH # 434 AND METALS INVESTORS FORUM IN VANCOUVER

Goliath Resources Ltd. is focused on further expanding its new high-grade gold Surebet discovery at its 100-per-cent-controlled Golddigger property that covers an area of 64,264 hectares (158,800 acres). It is located in a world-class geological setting of the Eskay Rift within the prolific Golden Triangle of British Columbia and within three kilometres of the Red Line that is host to multiple world-class gold deposits.

Goliath has completed over 65,000 metres of diamond drilling to date. It has confirmed a 1.8-square-kilometre area that hosts multiple highly mineralized stacked zones containing bonanza gold grades that remains open. It has exceptional metallurgy with gold recoveries of 92.2 per cent inclusive of 48.8 per cent free gold from gravity alone (no deleterious materials; no cyanide or leaching required for gold recovery).

To learn more about Goliath's exciting new discovery, the company would like to cordially invite you to visit us at the AME Roundup Core Shack, booth No. 819, on Wednesday, Jan. 24 (9 a.m. to 4 p.m.), and Thursday, Jan. 25, 2024 (9 a.m. to 2:30 p.m.). The event is being held at the Exhibit Hall -- Vancouver Convention Centre East Building (1055 Canada Place, Vancouver, B.C.). In case you are unable to see us at the core shack, please visit the company at booth No. 1005 as Goliath will also be exhibiting all four days at the AME Roundup, Monday, Jan. 22, to Thursday, Jan. 25, 2024.

In addition, Dr. Steve Israel, PhD, a partner at Archer, Cathro & Associates (1981) Ltd., will be giving a Goliath technical presentation at the AME Roundup Thursday morning, Jan. 25 (between 9 a.m. and 11:30 a.m.) in Ball Room A during the B.C., Yukon and Alaska session. Archer Cathro is an independent geological consulting firm, specializing in exploration and engineering focused on Yukon and Northern British Columbia from the grassroots level through to resource definition.

Other mining conferences -- Vancouver, January, 2024

Vancouver Resource Investment Conference (VRIC), Goliath's booth No. 434. The event is being held at the Vancouver Convention Centre West Building (1055 Canada Place, Vancouver, B.C.) on Sunday, Jan. 21, to Monday, Jan. 22, 2023 (10 a.m. to 5 p.m.). The company will also be providing a corporate presentation on Sunday, Jan. 21 (11 a.m.).

Metals Investor Forum Vancouver, Goliath has a booth and will also be presenting. The event is being held at Fairmont Pacific Rim (1038 Canada Place, Vancouver, B.C.) on Friday, Jan. 19, to Saturday, Jan. 20 (9 a.m. to 4:30 p.m.).

About the Golddigger property

The Golddigger property is 100 per cent controlled covering an area of an area of 64,264 hectares (158,800 acres) and is in the world-class geological setting of the Eskay Rift within the Golden Triangle of British Columbia and within three kilometres of the Red Line that is host to multiple world-class deposits. With over 65,000 metres of diamond drilling in aggregate to date at the newly discovered Surebet zone, the company has confirmed an area of 1.8 square kilometres of multiple highly mineralized stacked zones containing bonanza gold grades that remains open.

The Surebet discovery has exceptional metallurgy with gold recoveries of 92.2 per cent inclusive of 48.8 per cent free gold from gravity alone at a 327-micrometre crush (no deleterious elements; no cyanide required to recover the gold based on metallurgical work completed to date).

It is in an excellent location close in proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tide water with direct barge access to Prince Rupert (190 kilometres via the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometres from Terrace, 300 kilometres from Prince Rupert) and has a barge landing, dock and infrastructure capable of housing at least 300 people, including high-tension power. Additional infrastructure in the area includes the Dolly Varden silver mine road (only seven kilometres to the east of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometres to the south of the Surebet discovery) and high-tension power (25 kilometres to the east of Surebet discovery).

The city of Terrace (population 16,000) provides access to railway, major highways and airport with supplies (food, fuel, lumber etc.), while the town of Prince Rupert (population 12,000) is located on the west coast and houses an international container seaport also with direct access to railway and an airport with supplies.

The company has granted a total of 681,250 options for a five-year period to certain consultants, management and board members priced at 85 cents.

Qualified person

Rein Turna, PGeo, is the qualified person as defined by National Instrument 43-101 for Goliath Resource projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

About Goliath Resources Ltd.

Goliath Resources is an explorer of precious metals in the prolific Golden Triangle of northwestern British Columbia and Abitibi greenstone belt of Quebec. All its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to mining in Canada. The new high-grade gold Surebet discovery at its 100-per-cent-controlled Golddigger property located in the prolific Golden Triangle, British Columbia, is its flagship project.

We seek Safe Harbor.