Golden Cariboo Resources Ltd. wishes to announce a significant extension to the Halo zone in drill hole QGQ24-18, which intersected 172.6 m of 0.43 g/t gold near surface from a depth of 10.4 m , including intersections containing 26.3 m of 0.88 g/t gold and 20.0 m of 1.17 g/t gold. Core recovery in the 26.3 m interval was only 47% , which could result in overall lower values due to the loss of mineralized soft sulphide [...]
Golden Cariboo Resources Ltd. wishes to summarize the accomplishments of its 2024 exploration activities at the Quesnelle Gold Quartz Mine property , located about 4 kilometers northeast of Hixon, central British Columbia, Canada. The main focus of 2024 exploration activities were drilling and property-scale bedrock mapping with the emphasis of understanding the extent of gold mineralization and the potential structural [...]
Golden Cariboo Resources Ltd. announces the closing of the first tranche of a non-brokered private placement first announced January 3, 2025. Golden Cariboo has raised $773,915 from the issue of 5,953,191 units at $0.13 per Unit. Each Unit consists of one common share of the Company and one half of one common share purchase warrant. Each whole Warrant is exercisable for a period of 3 years from the closing at exercise [...]
Golden Cariboo Resources Ltd. wishes to announce that the assay results from its reconnaissance MMI soil sampling program have been received from SGS Canada. The fifteen line kilometre program was completed in autumn 2024 and included 606 soil samples over twenty eight 50 metre and 100 metre spaced lines with 25 metre sample spacing. The footprint of the UTM-based grid is generally located between the North Hixon zone [...]
Golden Cariboo Resources Ltd. wishes to announce the mobilization of field crews to the Company's Quesnelle Gold Quartz project near Hixon, BC, on January 3rd for resumption of the 2025 exploration season. Drill hole QGQ24-20 from the 2024 field season, is currently being logged and sampled in preparation for assaying, with sampling and shipping completed on drill holes QGQ24-18 and QQGQ24-19 with assays pending. Drilling [...]
Golden Cariboo Resources Ltd. announces a non-brokered private placement financing of up to 15,000,000 units at a price of $0.13 per Unit to raise gross proceeds of up to $1,950,000. Each Unit will consist of one common share in the capital of the Company and one half of one share purchase warrant ; Two half Warrants will equal one full share purchase Warrant, exercisable for a period of 3 years from the closing date, at [...]
Golden Cariboo Resources Ltd. announces today the staking of 90,989 ha of contiguous mineral claims to the Company's Quesnelle Gold Quartz Mine Property across the northern region of the Cariboo Gold District , bringing a new total of 95,122 ha held by the Company, and now making it the third largest claim holder in the Cariboo Gold District. The new mineral claims encompass an area with a similar geological setting to [...]
Golden Cariboo Resources Ltd. announces today a significant expansion to the Halo zone in the second drill hole from the current phase of drilling, drill hole QGQ24-17, which intersected 452.51 m of 0.30 g/t gold near surface from a depth of 10.97 m , including 27.32 m at 1.01 g/t gold and 51.26 m at 1.00 g/t gold. The broad, 452.51 m intercept of gold mineralization, extends the Halo zone 241 m to the north from the [...]
Golden Cariboo Resources Ltd. wishes to announce further results from outcrop sampling during the 2024 field campaign, subsequent to results announced in a News Release dated November 5, 2024 and can be viewed on the Company website at www.goldencariboo.com. Outcrop uncovered at the Halo zone during the Fall field campaign which returned values up to 8.47 g/t gold in grab samples , was revisited to collect more [...]
Golden Cariboo Resources Ltd. announces multiple occurrences of visible gold have been encountered in the latest drill hole, QGQ24-20, subsequent to previously announced visible gold in drill holes QGQ24-16 to QGQ24-19 in a news release dated October 29, 2024. Drill hole QGQ24-20 is testing the Halo zone discovery to the north and is currently in progress at a depth of 327.66 m . The drill hole has encountered extensive [...]
Golden Cariboo Resources Ltd. announces today results from drill hole QGQ24-16 which intersected 275.31 m of 0.53 g/t gold from a depth of 39.01 m , including 50.99 m of 1.28 g/t gold from 39.01 m depth. This is the initial drill hole from the current phase of drilling and represents strong widths and continuity of gold mineralization within the Halo zone discovery. The drill hole, set up at an azimuth of 315º and [...]
Golden Cariboo Resources Ltd. wishes to announce the acquisition of the Washburn Lateral District Lot on the Company's mineral claims. The Washburn Lateral is a 20.0 ha claim immediately northeast from the historic Quesnelle Quartz Mine and contains the undersurface mineral rights to the claim area. The collar for the discovery hole QGQ24-08 in the North Hixon zone returning 0.29 g/t Au over 263.10 m lies approximately 43 [...]