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Goliath Resources: Canada’s Next Gold Giant?

We’re back in British Columbia’s Golden Triangle for another episode of DD on the Go. But rather than be on the hunt for silver like recent episodes, this time we’re after the metal that has given this region of the province its moniker.

Gold.

And while there are many claims to fame that have been made in this region of the world, we wanted to bring you the best of the best. So we called up Goliath Resources (TSXV: GOT), one of the hottest exploration stage names in the market right now, to get the low down on exactly what was going on in their corner of the world.

You can read more on the matter here.

What’s going on?

• Champagne Positions Canada as Europe’s ‘Supplier of Choice’ for Critical Minerals (theDeepDive)

• Recognition of Palestinian state puts Canada at odds with U.S. (Globe)

• US Still Imported Russian Uranium This Year—And Trump Seems Surprised (theDeepDive)

• TikTok algorithm to be overseen by Oracle in Trump deal (FT)

• India Announces Plans for Strategic Minerals Reserve (theDeepDive)

• Fed’s Hammack Says Inflation Too High, Must Be Cautious Easing (Bloomberg)

• Trump Issues Ultimatum to Venezuela, Threatens ‘Incalculable’ Consequences Over Migrants (theDeepDive)

• US judge rules Trump cannot block offshore wind project, Ostsed shares jump (Reuters)

• Emails Contradict Freeland’s Denials on Chinese Ferry Deal (theDeepDive)

• FDA Moves to Approve Little-Known Drug to Treat Autism Symptoms (WSJ)

• Canada’s NATO Latvia Mission Drains Army Vehicles At Home (theDeepDive)

What’s the latest?

• AI: Nvidia plans to invest up to US$100B in OpenAI under a new partnership to deploy 10 GW of Nvidia chips for AI infrastructure. The first phase is set to launch in late 2026. Oracle shares rose ~5% on the news, tied to the $500B Stargate AI project with OpenAI, SoftBank, and Microsoft. This comes shortly after Nvidia pledged $5B to Intel.

• Markets: U.S. stocks eased Monday with the S&P 500 -0.1%, Dow -103 pts (-0.2%), and Nasdaq flat, after all hit record highs Friday. The pullback follows a Fed rate cut last week, with more cuts expected but inflation still above 2%. Major deals drove sharp moves: Pfizer’s $4.9B Metsera buyout (+61.9% Metsera, +3.1% Pfizer), ODP +33.1% on a $1B sale, and Anywhere Real Estate +55.6% on a $10B Compass deal. Treasury yields were steady at 4.13%.

• Real Estate: Housing starts across the Greater Golden Horseshoe fell 40% in the first half of 2025, with Toronto down 58% and condo starts plunging 80%. Toronto missed its provincial target by 67%, creating a shortfall of nearly 10,000 units and an estimated 10,209 lost jobs in the city. Overall, 22 of 34 municipalities received failing grades, while Milton (+113%) and Brantford (+272%) were the only standouts. Pre-construction condo sales dropped 89%, signaling further declines ahead.

• Immigration : The Trump administration announced a $100,000 fee for new H-1B visa applications, sparking panic among Chinese professionals in the U.S. before clarifying it won’t affect renewals or current holders. India accounts for 71% of H-1B visas, while China holds 11.7%, with Amazon employing over 14,000 visa holders and Microsoft, Meta, Apple, and Google each above 4,000. The policy may deter students and shift hiring offshore, as Chinese student numbers in the U.S. have already fallen from 373,000 in 2019 to 277,000 in 2024. Analysts warn the fee will limit sponsorship to elite, high-compensation roles.

• Airlines: Spirit Airlines plans to furlough about 1,800 flight attendants, or a third of its cabin crew, as part of cost-cutting in its second bankruptcy in under a year. Around 800 attendants are already on voluntary leave, but the airline says it has reached the limit for such measures. Involuntary furloughs, set for Dec. 1, will follow voluntary options of 6–12 months with medical benefits. Spirit is also seeking $100 million in cost cuts from pilots while negotiating with their union.

Could This Be Canada's Next Major Gold Find?

The stock market and stuff

• First Majestic Silver: The Los Gatos Mine (theDeepDive)

• Currency Collapse? Argentinian Peso Defense Consumes $1.1B In 3 Days Despite Strong Messaging (theDeepDive)

• Nvidia to invest up to $100bn in OpenAI (FT)

• Barrick Mining Sells Their LAST Canadian Mine (theDeepDive)

In the juniors

• Toogood Gold Hits 29.3 Metres Of 2.20 g/t Gold At Flagship Project (theDeepDive)

• This Debt Cycle Ends With Gold | Allan Candelario – STLLR Gold (theDeepDive)

• Goliath Resources Intersects 5.13 g/t Gold Over 12.0 Metres At Surebet In Latest Assays (theDeepDive)

FULL DISCLOSURE: PTX Metals is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of PTX Metals. The author has been compensated to cover PTX Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.