Golden Cariboo Resources Launches Autumn Drilling Campaign at Quesnelle Gold Property

Golden Cariboo Resources Ltd. has launched its autumn surface drilling campaign at the company's flagship Quesnelle Gold Quartz Mine Property, located approximately 4 kilometers northeast of Hixon, British Columbia. This exploration phase builds on previous successful programs and targets extending the gold bearing Halo and Main zones' strike length from nearly 600 meters to 2 kilometers adjacent to the black argillite-greenstone contact, as detailed in the company's September 9, 2025 news release available at https://www.goldencariboo.com.

The company simultaneously announced the addition of two Professional Geoscientists to its technical team. Cheryl Reid brings 20 years of mineral exploration experience across Canada, specializing in VMS and Archean greenstone belt hosted orogenic gold projects with expertise in drill supervision, core logging, QA/QC, database management and field mapping. Catherine Banfield contributes 20 years of international and domestic experience in polymetallic mineral exploration and mining projects, offering valuable insight into structural interpretation and geological modeling.

J. Frank Callaghan, President and CEO of Golden Cariboo Resources, expressed enthusiasm about both developments, stating that the combined experience and technical acumen of the new team members will be invaluable as the company continues expanding gold bearing zones and defining new targets. The Quesnelle Gold Quartz Mine property represents a significant opportunity in British Columbia's mineral-rich region, bordered by Osisko Development and located along a favorable geological corridor adjacent to the Spanish and Eureka thrust faults over a 94,899 hectare area.

Historical context reveals the property's substantial potential, with over 101 placer gold creeks along the 90-kilometer trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine property recording production, and successful placer mining continuing to present day. The property includes the Quesnelle Quartz gold-silver deposit discovered in 1865 and developed over approximately 150 by 150 meters at the Main zone straddling Hixon Creek. Geological comparisons show strong similarities with the Spanish Mountain gold deposit situated 120 kilometers southeast along the same geological trend, classified as a sediment-hosted vein deposit belonging to the epizonal orogenic subclass that includes world-class deposits like Muruntau in Uzbekistan and Bendigo in Australia.

The autumn drilling campaign represents a strategic step in Golden Cariboo's systematic exploration approach, leveraging both historical data and modern geological understanding to advance the property's development potential in this historically productive gold region.