Golden Cariboo Resources Ltd. wishes to announce the discovery of a broad, near surface intersection of gold mineralization over 136.51m averaging 1.46 g/tonne gold in drill hole QGQ24-13. Bedrock was intersected at 6.86m , while mineralization consisting of quartz-carbonate veining, was first intersected at a depth of 9.49m . Mineralization is present as quartz-carbonate veining containing low to moderate concentrations [...]
Golden Cariboo Resources Ltd. announces the closing of the second and final tranche of its previously announced $1.5 million private placement which has closed fully subscribed . Golden Cariboo raised $1,189,000 from the issue of 7,926,667 units at $0.15 per Unit in Tranche 1 and an additional $311,000 from the issue of 2,073,333 units in Tranche 2. Each Unit consists of one common share of the Company and one common [...]
Golden Cariboo Resources Ltd. wishes to announce the Company's sampling and shipping progress of drill holes QGQ24-13 through QGQ24-15, all of which contain multiple examples of visible gold. Drill holes QGQ24-13 through QGQ24-15 have been sampled in their entirety and sent to ALS Geochemistry in North Vancouver for assay, where they are currently undergoing sample preparation and geochemical testing. Please refer to the [...]
Golden Cariboo Resources Ltd. is pleased to provide a summary of drilling to date, following a review and evaluation of the intercepts at its Quesnelle Gold Quartz Mine property near Hixon, British Columbia. A total of 4,144.4m in 15 diamond drill holes have been completed on three separate zones since commencement of drilling on the Property by the Company. Six holes over 41.0m , including 4.65 g/t Au over 7.15m and 1.12 [...]
Golden Cariboo Resources Ltd. announces the closing of the first tranche of a non-brokered private placement first announced July 29, 2024. Golden Cariboo has raised $1,189,000 from the issue of 7,926,667 units at $0.15 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant is exercisable for a period of 3 years from the closing at exercise prices as follows [...]
Golden Cariboo Resources Ltd. announced today the Company's sampling and shipping progress of drill holes QGQ24-13 through QGQ24-15, all of which contain multiple examples of visible gold. Drill hole QGQ24-13 has been sampled in its entirety and sent to ALS Geochemistry in North Vancouver for assay. Drill hole QGQ24-14 has been partially sampled and partially sent to the laboratory for assay. Drill hole QGQ24-15 is [...]
Golden Cariboo Resources Ltd. announces that it has terminated its non-brokered private placement of units previously announced on May 23, 2024 and June 25, 2024, and that it now intends to complete a non-brokered private placement of up to 1,000,000 units of the Company at a price of $0.15 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one common share [...]
Golden Cariboo Resources Ltd. wishes to announce that current drilling in six drill holes, QGQ24-10 through QGQ24-15, are targeting the Halo zone. Early success is indicated by three drill holes, QGQ24-13 through QGQ24-15 which have intersected multiple examples of visible gold within quartz-carbonate +/- pyrite veins, ranging in size from 0.5 to 3.0mm. The first observed example of visible gold is present at 32.00m in [...]
Golden Cariboo Resources Ltd. is pleased to announce it has received the full assay results from hole QGQ24-08, partial assay results from QGQ24-09. Previously released results, as well as new results can be seen below: * Au g/t Au capped^ INTERVAL * QGQ24-08 43.60 306.70 263.10 0.29 0.26 863.20 including 179.00 240.40 61.40 0.58 0.58 201.40 which includes 178.60 221.50 42.90 0.71 0.71 140.70 and including 264.85 306.70 [...]
Golden Cariboo Resources Ltd. is pleased to announce the introduction of an oriented core system on the active drill program at the Quesnelle Gold Quartz property. Drill core orientation preserves the original position of the rock retrieved during the drilling process, which allows for the collection of structural measurements of rock formations, veins and geologic structures as they were in-situ underground. It is [...]
Golden Cariboo Resources Ltd. announces that, further to its news release of May 23, 2024, the company will be closing a first tranche of the non-brokered private placement in the amount of $665,000. A total of 2,660,000 Units at a price of $0.25 per Unit will be issued. Each unit consists of one common share and one share purchase warrant exercisable for a period of 3 years from the closing at exercise prices as follows [...]
Golden Cariboo Resources Ltd. is pleased to announce additional encouraging results from hole QGQ24-08 at the North Hixon zone on its Quesnelle Gold Quartz Mine Property near Hixon, British Columbia. Two distinct gold-bearing zones are evident within a broad gold anomalous zone as shown in the table below. The new results are shown in bold. The overall result includes both the zone previously released and the new results [...]