Golden Cariboo Reports 2025 Exploration Results and Plans for 2026 at Quesnelle Gold Quartz Mine

Golden Cariboo Resources Ltd. has provided a summary of its 2025 exploration program at the Quesnelle Gold Quartz Mine Property, located approximately 4 kilometers northeast of Hixon and 50 kilometers southeast of Prince George, British Columbia. The company commenced its two-phase spring and fall drill program in April 2025, focusing on expanding gold mineralization at the Halo zone while testing geochemical and structural targets including the location of the argillite-greenstone contact. Technical difficulties were encountered during drilling, resulting in four holes being lost either short of or within the mineralized Halo zone to the west of the contact.

In 2025, the company drilled a total of 1,729.79 meters in eight NQ-sized surface diamond drill holes, including completion of QGQ24-21 and partial completion of QGQ25-28, which was still in progress at year end. Drilling was suspended on December 18, 2025, with plans to continue in early 2026 to test both the northern extension of the Halo zone and the down dip mineralization of one of several MMI gold-in-soil anomalies as detailed in the News Release dated March 19, 2025.

Significant highlights from the 2025 program include the implementation of PhotonAssay™ technology as part of the company's regular assay protocol, announced in the News Release dated April 29, 2025. Reanalysis of QGQ24-20 using this technology verified and increased gold grades by 5.9% compared to fire assay, returning 0.56 g/t gold over 475.4 meters from 7.97 meters depth, including 236.88 meters of 1.06 g/t gold as reported in the News Release dated August 12, 2025.

A new discovery was made at the Km Uno Zone, located 2 kilometers southeast of the Halo zone, where initial samples from mineralized volcanic subcrop or angular float yielded 1.1 g/t gold with 8.0 g/t silver and 0.57 g/t gold with 3.3 g/t silver. These results align with airborne resistivity, ground conductivity anomalies, and a strong gold-silver-arsenic soil anomaly according to the News Release dated September 9, 2025. Additionally, drill hole QGQ25-23 intersected 0.56 g/t gold over 99.84 meters from 182.20 meters and terminated in mineralization at the Halo zone as detailed in the News Release dated December 17, 2025.

Golden Cariboo has recently engaged MSALABS in Prince George, B.C. to prepare and conduct PhotonAssay™ for gold and silver. The proximity of the property to the lab and availability of silver analysis with PhotonAssay™ technology may expedite turnaround time of assay results. Currently, samples from drill hole QGQ25-25 are being analyzed by MSALABS, while QGQ25-26 to 27 are being split by company personnel in preparation for shipping to the lab, and QGQ25-28 is being logged with plans to continue drilling the hole in January.

Building on the momentum of the fall 2025 program, Golden Cariboo is preparing an ambitious and technically robust exploration strategy for 2026. The company intends to significantly scale up drilling and trenching activities as well as broaden its regional understanding of the district-scale geology across its 94,899 hectare mineral land package. The technical information in this news release has been reviewed and approved by Jean Pautler, an independent consultant commissioned by the company who is a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of the Province of BC and licensed by Engineers and Geoscientists BC, and is a Qualified Person with respect to NI 43-101.