Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) announced that it has completed five diamond drill holes, including hole QGQ26-34, targeting high priority structural features adjacent to the established Halo zone. Drill holes QGQ26-30 through QGQ26-34 have been completed, with core logging and sampling in progress and assays being conducted by MSALabs of Prince George on an ongoing basis.
Notably, drill hole QGQ26-30, which tests the western contact of the Halo zone, will be included in the Company's upcoming Mineral Resource Estimate (MRE). Ongoing property-wide data validation allowed the addition of this drill hole, expanding the study to encompass up to 9 historical drill holes alongside the Company's first 30 surface diamond drill holes. This integration is pivotal, as it directly enhances the scale and confidence of the geological model, according to President and CEO Frank Callaghan.
The latest drilling campaign successfully stepped out to test structural contacts and the corridor toward the Main zone. With assays actively progressing at MSALabs, the Company continues to define the true footprint of this system while maintaining cost-effective, year-round drilling. The technical information in this news release has been reviewed and approved by Gordon Gibson, a Professional Geoscientist (P.Geo.) registered with APEGBC and a Qualified Person under NI 43-101.
Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush through highly targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property. The property is bordered by Osisko Development, partly intertwined at the north end of the Cariboo Gold Project, and located along a favourable corridor adjacent to the Spanish and Eureka thrust faults over a 94,899-hectare area. 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 today.
Golden Cariboo's Quesnelle Gold Quartz Mine property is 4 kilometers northeast of Hixon in central British Columbia. The property includes the Quesnelle Quartz gold-silver deposit, discovered in 1865 and developed over a footprint of about 150m x 150m 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 km towards the southeast along the same geological trend. As a sediment-hosted vein (SHV) deposit, the Spanish Mountain deposit is considered to belong to the epizonal orogenic subclass of gold deposits, which include some of the world's largest deposits such as Muruntau, Uzbekistan and Bendigo, Australia.
For further information, visit the company's website at www.goldencariboo.com and follow on social media platforms like Instagram, Facebook, X (Twitter), and LinkedIn.
