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Goliath Resources Secures 100% of Golddigger Property and Lets McEwen Warrants Expire

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Goliath Resources Secures 100% of Golddigger Property and Lets McEwen Warrants Expire

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Goliath Resources ( (TSE:GOT) ) just unveiled an update.

Goliath Resources has secured full ownership of its Golddigger Property in British Columbia’s Golden Triangle, issuing 3,000,000 common shares to the J2 Syndicate to acquire the remaining 51% interest and consolidate 100% control over the high-grade Surebet gold discovery. The company also reduced the net smelter return royalty on the property by buying down 1% of the existing 3% NSR, while revising key terms of its option agreement, including timing and thresholds for future mineral resource estimates and related contingent payments.

In a separate development, Goliath confirmed it will not extend the expiry date of 2,590,673 common share purchase warrants held by McEwen Inc., after the TSX Venture Exchange declined approval under its acquisition policies. Those warrants, with a strike price of $2.50, are now set to expire on March 10, 2026, which may modestly affect McEwen’s future equity participation but leaves Goliath’s current capital plans for drilling and exploration intact.

The most recent analyst rating on (TSE:GOT) stock is a Sell with a C$2.00 price target. To see the full list of analyst forecasts on Goliath Resources stock, see the TSE:GOT Stock Forecast page.

Spark’s Take on TSE:GOT Stock

According to Spark, TipRanks’ AI Analyst, TSE:GOT is a Neutral.

The score is primarily constrained by weak financial performance (no revenue, widening losses, and significant cash burn), partially mitigated by a debt-free balance sheet and improved equity. Technical indicators lean weak-to-neutral (below key moving averages and negative MACD), while valuation is also pressured by negative earnings and no dividend support.

To see Spark’s full report on TSE:GOT stock, click here.

More about Goliath Resources

Goliath Resources Limited is a precious metals exploration company focused on projects in the highly prospective Golden Triangle region of Northwestern British Columbia. Its assets are located in geologically favorable, mining-friendly Canadian jurisdictions, and it recently completed a 64,364-metre drill program in 2025 and is fully funded for a similar campaign in 2026, backed by a roster of institutional and high-profile strategic shareholders.

Average Trading Volume: 550,728

Technical Sentiment Signal: Hold

Current Market Cap: C$335.5M

See more data about GOT stock on TipRanks’ Stock Analysis page.

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