Golden Cariboo Resources Ltd. has reported results from diamond drilling at its Quesnelle Gold Quartz Mine property in British Columbia, with drill hole QGQ25-27 intersecting 0.89 grams per tonne gold over 70.65 meters from a near-surface depth of 14.20 meters within the Halo zone. The intercept included higher-grade sections, such as 3.25 g/t gold over 8.20 meters and 3.86 g/t gold over 5.20 meters. Drill hole QGQ25-26, drilled between the Main and Halo zones, intersected less favorable andesitic flow rock, with intervals showing 0.47 g/t gold over 4.44 meters and 0.56 g/t gold over 4.09 meters.
Company President and CEO Frank Callaghan stated that intersecting nearly 71 meters of continuous gold mineralization from near surface reinforces confidence in delineating a significant mineralized system. The results contribute to a dataset supporting a planned mineral resource estimate. Drilling continues with hole QGQ25-28 testing the northwest extension of the Halo zone, though QGQ25-27 was terminated prematurely due to technical issues.
The technical information was reviewed and approved by independent consultant Jean Pautler, a Qualified Person under NI 43-101. Drill core samples were analyzed at the accredited MSALABS laboratory in Prince George using aqua regia digest with ICP-AES finish for 35-element analysis and PhotonAssay™ for gold and silver, which uses larger sample sizes to better assess gold distribution in coarse gold settings characteristic of the Halo zone. Quality assurance and quality control samples constituted 5% of the total.
The Quesnelle Gold Quartz Mine property is located 4 kilometers northeast of Hixon, British Columbia, along a geological trend with historical gold production. The property shows similarities to the Spanish Mountain gold deposit 120 kilometers southeast, which is part of the epizonal orogenic subclass that includes world-class deposits like Muruntau in Uzbekistan and Bendigo in Australia. The property is bordered by Osisko Development and covers 94,899 hectares in the Cariboo Gold Project area.
For more details, visit the company's website at https://www.goldencariboo.com. The original press release is available on https://www.newmediawire.com. The Canadian Securities Exchange has not reviewed or approved the contents of this release.
