Golden Cariboo Discovers Parallel KM Uno Zone at Quesnelle Gold Quartz Mine Property

Golden Cariboo Resources Ltd. has announced the discovery of the KM Uno zone, a mineralized structure parallel to the company's significant gold-silver bearing Halo zone discovery from 2024 at its Quesnelle Gold Quartz Mine property. The KM Uno zone discovery represents a significant parallel mineralized trend located approximately 2 km southeast of the 2024 Halo zone discovery, with the Sunset trend positioned 1.4 km to the west, effectively flanking the Halo zone in the middle. This configuration of parallel structures aligns with historical soil anomalies, resistivity highs, and geochemical indicators, suggesting a cohesive, district-scale gold system.

Notably, these trends correlate strongly with the argillite-greenstone lithological contact visible in the property's geological mapping, a key feature that controls mineralization and is suggestive of the geological controls seen in major gold-producing districts across the Abitibi Greenstone Belt from Val d'Or to Timmins, where such contacts have been pivotal in defining extensive, high-grade deposits. The KM Uno zone, identified through targeted bedrock mapping and sampling, has yielded initial results of up to 1.1 g/t gold and 8.0 g/t silver from mineralized volcanic subcrop, correlating with strong gold-silver-arsenic soil anomalies and geophysical features visible on the property's 2024 gold MMI soil map.

The discovery holds significant implications for the property's mineral potential, as parallel mineralized structures often indicate larger, interconnected gold systems. With the Halo zone already demonstrating a 390-metre drilled strike length open for expansion, these parallel zones, enhanced by their association with the greenstone contact, underscore the property's potential for multiple interconnected gold-bearing structures. The Spring drill program saw the completion of four surface diamond drill holes totaling 638.59m, targeting strong quartz-carbonate vein stockwork along the argillite to greenstone contact and testing the northwestern continuity of gold-silver mineralization at the Halo zone.

Golden Cariboo President Frank Callaghan stated that these findings confirm the company's geological model and highlight the potential for multiple mineralized zones across the property. The company has faced some delays in assay results due to a lost shipment of drill core and surface exploration samples by the freight carrier, though the shipment was successfully recovered after an extended search period of one month. Additional delays have been encountered due to the switch-over to PhotonAssay™ analysis, a more effective method in assaying coarse gold-bearing samples. For more information, visit https://www.goldencariboo.com.