Golden Cariboo Resources announced that it has acquired Micromine 3D geological modelling software to support exploration activities at its Quesnelle Gold Quartz Mine project near Hixon, BC. The Company will utilize the Micromine 3D geological modelling software to model the property's historic drillhole database, which dates back to the 1970s and totals over four kilometers of drilling, the majority of which being in the [...]
Golden Cariboo Resources announced that it has commenced drilling at its Quesnelle Gold Quartz Mine Project near Hixon, BC, and has recently completed the first diamond drill hole of its 2024 drilling campaign. The Company is operating two shifts and under optimal conditions, is drilling approximately 100 meters per day. Drill hole QGQ24-05 was drilled for 321m from the same pad as QGQ23-04 to target the [...]
Golden Cariboo Resources announced that it has entered into a marketing agreement with the CanaCom Group, a full-service marketing agency, to provide digital marketing services to broaden media distribution awareness about the Company; a services agreement with Global One Media to manage social media channels and to produce and distribute video interviews and Company news; a marketing services agreement with GoldInvest to [...]
Golden Cariboo Resources announces the granting of 245,000 incentive stock options pursuant to its stock option plan to consultants of the Company. Each option is exercisable to purchase one common share of the Company at a price of $0.23 per share for a term of 5 years. Options, and the shares issuable upon exercise, are subject to a four month hold period from the date of grant. About Golden Cariboo Resources Ltd [...]
Golden Cariboo Resources announces its drill crew has been mobilized to a diamond drill on site at one of 54 permitted drill pads at the Company's Quesnelle Gold Quartz Mine property near Hixon, British Columbia. Drilling is expected to commence immediately. The Company anticipates drilling to depths of approximately 350 meters this season, building off the successes of last year's program and will now target a greenstone [...]
Golden Cariboo Resources announces its exploration team has begun setting up its exploration camp at the Company's Quesnelle Gold Quartz Mine property near Hixon. With a diamond drill onsite, the Company is currently preparing for a robust drilling and exploration program for the 2024 exploration season. Company president and CEO, J. Frank Callaghan expressed enthusiasm, stating "We're eager to begin Golden Cariboo's 2024 [...]
Golden Cariboo Resources announces that, further to its news release of March 12, 2024, the final tranche of the non-brokered private placement was issued. The summary of the two tranche private placement follows. The private placement was fully subscribed with total gross proceeds of $2,000,000. A total of 20,000,000 Units at a price of $0.10 per Unit, were issued. Each Unit consisted of one common share and one-half [...]
Golden Cariboo Resources announces that, further to its news release of January 22, 2024, the company will be applying to close tranche two of the non-brokered private placement in the amount of $709,000. After the CSE review period has elapsed a total of 7,090,000 Units at a price of $0.10 per Unit, will be issued. Each Unit will consist of one common share and one-half share purchase warrant; each full warrant is [...]
Golden Cariboo Resources announces that, further to its news release of January 22, 2024, the company will be applying to close tranche one of the non-brokered private placement in the amount of $1,316,000 After the CSE review period has elapsed a total of 13,160,000 Units at a price of $0.10 per Unit, will be issued. Each Unit will consist of one common share and one-half share purchase warrant; each full warrant is [...]
Golden Cariboo Resources announces that, further to its news release of January 22, 2024, the non-brokered private placement of units of the Company requires shareholder approval as the number of Units issuable in the Offering will constitute more than 100% of the Company's total shares outstanding. The Company is relying on the exemption in Canadian Securities Exchange Policy 4.6 whereby the CSE's requirement for [...]
Golden Cariboo Resources announces it has completed the shares for debt transaction announced on Jan 22. The debt settlement was with two non-arm's length creditors and one arm's length creditor. The Company has issued to the Creditors an aggregate of 4,232,503 units of the Company at a price of $0.10 per Unit in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $423,250 . Each [...]
Golden Cariboo Resources announces its Notice of Work application to expand mineral exploration activities at the Company's 100% owned Quesnelle Gold Quartz Mine Project near Hixon, a has been approved. The Company's mineral exploration permit has been authorized for an additional five years. The exploration team will first target the newly discovered replacement mineralization and high-grade gold bearing veins between [...]
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