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Golden Cariboo Resources Reports Significant Gold Intercepts at Quesnelle Property

By Editorial Staff

TL;DR

Golden Cariboo Resources Ltd. announces significant gold intersections from surface, offering potential investment advantages in the expanding Halo zone deposit.

The company used diamond drilling with NQ core, analyzed samples at MSALABS using ICP-AES and PhotonAssay™ methods, ensuring accurate gold grade measurements.

This discovery supports local economic development in British Columbia through year-round drilling operations and responsible resource extraction practices.

Golden Cariboo's drill hole ended in mineralization with 1.00 g/t gold, revealing continuous gold veins in this historic Cariboo Gold Rush region.

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Golden Cariboo Resources Reports Significant Gold Intercepts at Quesnelle Property

Golden Cariboo Resources Ltd. has reported significant gold intercepts from diamond drilling at its Quesnelle Gold Quartz Mine property in British Columbia. The company intersected 0.42 grams per tonne gold over 47.01 meters from surface in drill hole QGQ25-25, within a broader anomalous interval of 0.26 g/t gold over 190.2 meters. Additional mineralization was found deeper in the hole, including 0.76 g/t gold over 20.45 meters from 324.88 meters depth. The drill hole ended in mineralization, yielding 1.00 g/t gold over 1.91 meters.

Diamond drill hole QGQ25-25 represents a step out in the Halo zone, with its collar positioned 96 meters north-northeast of previous hole QGQ24-20, which returned 0.99 g/t gold and 9.77 g/t silver over 236.88 meters. Another hole, QGC25-28, located 80 meters north of QGQ25-25, is currently being extended to target depth and has intersected extensive quartz-carbonate veins.

Company President and CEO Frank Callaghan stated that the company continues to drive forward with intersections of mineralization from surface, extending the deposit along strike at the Halo zone. He emphasized the excellent infrastructure and proximity to the community of Hixon in Central British Columbia, which allows year-round drilling operations. The company is actively drilling during winter months and anticipates an active year in the Cariboo Gold Corridor.

The technical work followed rigorous quality assurance protocols. QA/QC samples, including blanks, standards and coarse reject duplicates, constituted 5% of the total samples. All drilling utilized NQ core, which was logged and split in half before laboratory analysis. Samples were sent to the accredited MSALABS laboratory in Prince George for processing. The laboratory employed an aqua regia digest with inductively coupled plasma atomic emission spectroscopy finish for 35-element analysis on 0.5-gram aliquots.

Notably, the company utilized PhotonAssay™ analysis for gold and silver assessment, which uses larger sample sizes (250-500 grams) compared to traditional fire assay methods. This approach provides more thorough assessment of gold distribution in coarse gold settings characteristic of the Halo zone, where nugget effects can impact conventional assay results. The technical information in the release was reviewed and approved by independent consultant Jean Pautler, a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of British Columbia.

The Quesnelle Gold Quartz Mine property is located 4 kilometers northeast of Hixon in central British Columbia, within the broader Cariboo Gold Corridor. The property includes the Quesnelle Quartz gold-silver deposit, discovered in 1865 and developed over approximately 150 by 150 meters at the Main zone. The geological setting shows strong similarities with the Spanish Mountain gold deposit located 120 kilometers southeast along the same geological trend. As a sediment-hosted vein deposit, it belongs to the epizonal orogenic subclass that includes some of the world's largest deposits such as Muruntau in Uzbekistan and Bendigo in Australia.

For business and technology leaders monitoring resource sector developments, these results demonstrate ongoing exploration success in established mining regions. The use of advanced analytical techniques like PhotonAssay™ represents technological innovation in mineral assessment, potentially improving resource estimation accuracy in coarse gold environments. The year-round drilling capability due to favorable infrastructure highlights operational advantages that could accelerate project development timelines. As global demand for gold continues across technological, financial, and industrial applications, successful exploration in accessible jurisdictions like British Columbia contributes to secure supply chains. The proximity to existing infrastructure and established mining districts suggests potential for efficient development should economic viability be confirmed through further work.

Curated from NewMediaWire

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Editorial Staff

Editorial Staff

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