Mr. Roger Rosmus reports

GOLIATH RESOURCES LTD. UPGRADES FROM OTCQB TO A OTCQX LISTING

Goliath Resources Ltd. has qualified to trade on the OTCQX Best Market. OTC Markets Group Inc., operator of regulated markets for trading 12,000 U.S. and international securities, today announced Goliath Resources has been upgraded to OTCQX from the OTCQB Venture Market.

Goliath Resources Ltd. begins trading today on OTCQX under the symbol GOTRF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.

The OTCQX market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

About the Golddigger property

The Golddigger property is 100 per cent controlled and covers an area of 91,518 hectares in a highly prospective geological setting of the Eskay rift, within three kilometres of the Red Line in the Golden Triangle of British Columbia. This area, in close proximity to the Red Line, has hosted some of Canada's greatest gold mines, including Eskay Creek, Premier and Snip. Other significant and well-known deposits in the Golden Triangle include Brucejack, Copper Canyon, Galore Creek, Granduc, KSM, Red Chris and Schaft Creek. Goliath controls 56 kilometres of the Red Line, which is a geologic contact between Triassic-age Stuhini rocks and Jurassic-age Hazelton rocks used as key markers when exploring for gold-copper-silver mineralization.

The Surebet discovery has predictable continuity and desirable metallurgy with gold recoveries from gravity and flotation at a 327-micrometre crush of 92.2 per cent, including 48.8 per cent free gold from gravity alone (no cyanide required to recover the gold). The metallurgy completed to date shows no deleterious elements are present (see news release dated March 1, 2023).

The property is in a well positioned location that is near the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tidewater with direct barge access to Prince Rupert (190 kilometres through the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometres from Terrace and 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 the Surebet discovery). The city of Terrace (population of 16,000) provides access to railway, major highways and airport with supplies (food, fuel and lumber) while the town of Prince Rupert (population of 12,000) is located on the west coast of British Columbia and houses an international container seaport also with direct access to railway and an airport.

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. Mr. Turna is an independent director of the company.

About Goliath Resources Ltd.

Goliath Resources is an explorer of precious metals projects in the highly prospective Golden Triangle of northwestern British Columbia. All of its projects are in high-quality geological settings and geopolitically safe jurisdictions amenable to mining in Canada. Goliath is a member and active supporter of CASERM (Center to Advance the Science of Exploration to Reclamation in Mining), which is an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech. Goliath recently completed its largest fully financed drill campaign to date for a total of 64,364 metres in 2025. It is fully financed for a similar-sized drill program in 2026. A total of 110 holes have assays pending for gold equivalent results from its 2025 drill program. The company's key strategic cornerstone shareholders include Crescat Capital, a global commodity group (Singapore), McEwen Inc., Waratah Capital Advisors, Rob McEwen, Eric Sprott and Larry Childress.

We seek Safe Harbor.