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Golden Cariboo Intersects 1.02 g/t Gold Over 37.00 m (121.4 ft) Within a Broader Intercept of 0.74 g/t Gold Over 61.49 m (201.7 ft) Near Surface at Halo Zone
VANCOUVER, BRITISH COLUMBIA - May 20, 2025 (NEWMEDIAWIRE) - Golden Cariboo Resources Ltd. (the "Company") (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) wishes to report assay results from drill hole QGQ24-12 at the Halo zone of the Quesnelle Gold Quar...
About this update from Golden Cariboo Resources Ltd.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA - May 20, 2025 (NEWMEDIAWIRE) - Golden Cariboo Resources Ltd. (the "Company") (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) wishes to report assay results from drill hole QGQ24-12 at the Halo zone of the Quesnelle Gold Quartz Mine property (the "Property"), 4 km (2.5 miles) from Hixon, BC, which intersected significant gold mineralization starting from the bedrock surface with 1.02 g/t gold over 37.00 m (121.4 ft) and 1.57 g/t gold over 3.54 m (11.6 ft), both within a broader interval of 0.74 g/t gold over 61.49 m (201.7 ft). Detailed assay results are tabulated in Table 1. Deeper in the hole, several additional alteration zones with quartz-carbonate veining and elevated gold assay values were intersected, demonstrating the strong scale potential of the mineral system.","length":826,"tagName":"p"},{"type":"text","content":"The deeper alteration zones with similar mineralogy and veining as the reported gold intercepts were intersected at 101.00 - 107.58 m (331.4 - 353.0 ft), 197.51 to 200.56 m (648.0 - 658.0 ft) and 282.85 to 346.69 m (928.0 1,137.4 ft), and yielded elevated gold assays (see Table 1 and Figure 2). These zones appear to correlate with gold mineralization reported from the deeper parts of drill holes QGQ24-17 to -20 suggesting that the gold bearing structures, though more weakly mineralized, still exist in drill hole QGQ24-12. The mineralized system was intersected over a width of over 300 m (984 ft) in QGQ24-12. Current drilling in the Halo zone indicates a trend of increasing grades towards the northwest.","length":711,"tagName":"p"},{"type":"text","content":"These latest results from QGQ24-12 further validate the presence of a broad, cohesive zone of gold mineralization. The mineralized zone currently measures up to approximately 390 m by 290 m by 320 m (1,280 ft by 950 ft by 1,050 ft) along the NNW-SSE trending contact between greenstones and the overlying black argillite unit, and remains open along strike and towards depth, including approximately 700 m (2,300 ft) of untested north-northwest strike towards the Pioneer limited past producer and 750m (2,460 ft) of untested south-southeast strike towards the Main zone target at the past producing Quesnelle Quartz Mine.","length":622,"tagName":"p"},{"type":"text","content":"Drillhole QGQ24-12 was set up at an azimuth...