Golden Cariboo Resources Provides Drilling Update at Halo Zone

Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) has provided a drilling update for the Halo zone of its Quesnelle Gold Quartz Mine Property, located approximately 4 kilometers east of Hixon, British Columbia. The company completed two additional surface diamond drill holes from the same drill pad, situated at coordinates 531388mE, 5922785mN (UTM Nad83), a few meters south of the QGQ25-28 collar.

Hole QGQ26-31 was drilled to a depth of about 109 meters (356 feet) with an orientation of 270°/-53° to target the western contact of the Halo zone. The contact was successfully located at approximately 79 meters (258 feet) depth. A second hole, QGQ26-32, oriented 270°/-45°, was collared a few meters west of QGQ26-31. This hole was cased beyond the contact and drilled to a depth of about 103 meters (337 feet). Core logging is currently in progress for both holes.

Meanwhile, QGQ26-29 continues to be hand split, with approximately two days remaining, and samples are being shipped regularly to MSALAB in Prince George for analysis. The company plans to provide updates as results become available.

The Quesnelle Gold Quartz Mine property is bordered by Osisko Development and partly intertwined with them at the north end of the Cariboo Gold Project. It is located along a favorable corridor adjacent to the Spanish and Eureka thrust faults, covering 94,899 hectares (234,501 acres). Historically, over 101 placer gold creeks on the 90-kilometer trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine property have recorded production, with successful placer mining continuing to this day.

Golden Cariboo’s property includes the Quesnelle Quartz gold-silver deposit, discovered in 1865 and developed over a footprint of about 150 meters by 150 meters (less than 6 acres) at the Main zone straddling Hixon Creek. The geological setting of the gold mineralization shows strong similarities with the Spanish Mountain gold deposit, situated 120 kilometers southeast along the same geological trend. The Spanish Mountain deposit is considered an epizonal orogenic gold deposit, a subclass that includes some of the world’s largest deposits such as Muruntau in Uzbekistan and Bendigo in Australia.

For further information, the company directs interested parties to its website at www.goldencariboo.com and social media channels including Instagram, Facebook, X (Twitter), and LinkedIn.