Golden Cariboo Resources Ltd. has reported a significant gold intercept of 0.56 grams per tonne over 99.84 meters from drill hole QGQ25-23 at its Quesnelle Gold Quartz Mine property in British Columbia. The intercept includes a higher-grade section of 1.00 g/t gold over 40.56 meters, with a notable 1.92-meter interval grading 9.99 g/t gold. This drilling is part of the company's ongoing exploration targeting the contact between greenstone and argillite to vector into mineralization north of the Halo zone.
The company employed advanced analytical techniques to ensure accurate results in this coarse gold setting. Drill core samples were sent to ALS Canada Ltd. where gold analysis was conducted using PhotonAssay™ technology on 400-500 gram subsamples. This method provides a more thorough assessment of gold distribution compared to traditional 30-50 gram fire assays, addressing potential nugget effects that can impact conventional results in deposits like the Halo zone. The ALS facilities are accredited to ISO 17025 standards and operate independently from the company.
Additional drilling results showed intermittent anomalous gold mineralization in holes QGQ24-21 and QGQ25-24, though both were terminated early due to mechanical issues. Hole QGQ25-22 was also terminated early due to excessive deviation and returned no significant results. All quality control samples, including blanks, standards, and duplicates, constituted 5% of the total samples analyzed. The technical information has been reviewed and approved by independent consultant Jean Pautler, a Professional Geoscientist registered with APEGBC and qualified under NI 43-101 standards.
The Quesnelle property is situated in a historically productive gold region, located 4 kilometers northeast of Hixon in central British Columbia and bordered by Osisko Development. The geological setting shows strong similarities to the Spanish Mountain gold deposit 120 kilometers southeast along the same trend, which belongs to the epizonal orogenic subclass that includes world-class deposits like Muruntau in Uzbekistan and Bendigo in Australia. The property covers 94,899 hectares along a favorable corridor adjacent to the Spanish and Eureka thrust faults.
For business and technology leaders in the mining sector, this announcement demonstrates how advanced analytical technologies like PhotonAssay™ are enabling more accurate resource assessment in challenging geological environments. The results could signal potential for resource expansion in a historically significant gold district, with implications for regional development and investment opportunities in British Columbia's mining sector. The company's ongoing drilling program, including hole QGQ25-28 currently in progress, continues to test north of the Halo zone as part of systematic exploration targeting.
