Business
Golden Cariboo Drilling Identifies Multiple Semi Massive Sulphide and Replacement Ore Zones in Previously Unexplored Areas
(TheNewswire) June 14, 2023 – TheNewswire - Vancouver, Canada – Golde...
About this update from Golden Cariboo Resources Ltd.
[{"type":"text","content":"Golden Cariboo Drilling Identifies Multiple Semi Massive Sulphide and Replacement Ore Zones in Previously Unexplored Areas\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n June 14, 2023 –\n \n \n TheNewswire\n-\n \n \n Vancouver, Canada – Golden Cariboo Resources\nLtd. (the “Company”) (TSXV:GCC\n \n \n )\n \n \n |\n \n \n (\n \n \n OTC:GCCFF\n \n \n )\n \n \n |\n \n \n (\n \n \n WKN:A0RLEP) is\n \n \n pleased to report that the first drill hole of\n2023 has been completed, and it has revealed multiple new semi massive\nzones of mineralization above the 200 Level of the Quesnelle Gold\nQuartz Mine, and a continued southeast extension of replacement\nmineralization below the 400 Level of the Mine.\n \n \n \n \n The semi massive sulphide and replacement zones are\nlocated at the Main Zone in variably altered metasediments and\nphyllite in close proximity to the greenstone-phyllite contact along\nthe western margin of a 1.8km airborne magnetic anomaly. The largest\nsemi massive sulphide intercept is about 8.3m wide (true width not\nknown) with up to 60% pyrite (pictured below and on the Company\nwebsite www.goldencariboo.com) hosted by sericitic-carbonate altered\nsiltstone and phyllite. This zone includes a 0.4m mineralized quartz\nvein and is located in a previously untested area about 50-60m\nvertically below the surface and about 10-20m above the 200 Level.\nThese semi massive sulphide zones correlate with a vertical extension\nof an historically mapped quartz vein (No.8 vein) and a near-vertical\n75m long high-grade ore zone where a winze was installed and mined\nbetween the 200 and 400 Levels of the mine. Mineralization appears to\nbe open at depth.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n The Company also intercepted at least four mineralized\nquartz veins above the Koch vein, partly within a series of drifts or\nmined stopes of the Koch Tunnel area. Additionally, while replacement\nmineralization is also noted intermittently throughout the hole, the\nnarrow zones of replacement encountered in QGQ22-02 were also observed\nto continue at least 70m to the southeast in QGQ23-01, also below the\nlowest level of the mine. This zone is open to the northwest and the\nsoutheast. Core logging is in progress, along with digitizing of\nhistorical underground...