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Golden Cariboo Intersects 136.51m (447.87 ft) of 1.46 g/t Gold Near Surface at New Discovery in the Halo Zone
(TheNewswire) September 10, 2024 – TheNewswire - Vancouver, Canada – ...
About this update from Golden Cariboo Resources Ltd.
[{"type":"text","content":"Golden Cariboo Intersects 136.51m (447.87 ft) of 1.46 g/t Gold Near Surface at New Discovery in the Halo Zone\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n September 10, 2024 –\n \n\n TheNewswire -\n \n\n Vancouver, Canada –\nGolden Cariboo Resources Ltd. (the “Company”) (CSE:GCC)\n(OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ)\n \n\n wishes to\nannounce the discovery of a broad, near surface intersection of gold\nmineralization over 136.51m (447.87 ft) averaging 1.46 g/tonne gold in\ndrill hole QGQ24-13. Bedrock was intersected at 6.86m (22.51 ft),\nwhile mineralization consisting of quartz-carbonate veining, was first\nintersected at a depth of 9.49m (31.14 ft). Mineralization is present\nas quartz-carbonate veining containing low to moderate concentrations\nof pyrite +/- visible gold within broad iron-carbonate+/- sericite\nalteration envelopes. The host rock is variably altered\nvolcaniclastics interpreted to be from the Takla Group. Drill hole\nQGQ24-13 was designed to test the mineralized trend at the Halo zone\nwhich is 830m away from the historic Quesnelle Gold Quartz Mine. The\ntrend at Halo zone is open in all directions. Select assays from drill\nhole QGQ24-13 have been chosen for metallic screening and are\ncurrently being prepped for further analysis. Additionally, the\nCompany is reporting the assays for the remainder of drill hole\nQGQ24-09 plus drill hole QGQ24-10.\n \n\n\n\n Golden Cariboo’s President and CEO, Frank Callaghan\nstated “This new discovery collared into a near surface zone of gold\nmineralization of phenomenal grade for its width. It is mind-boggling\nto think that a Discovery of this caliber can still be made just 4\nkilometers from a town and major highway in British Columbia, and this\nis the most significant Discovery in the Cariboo Gold District since\nthe Bonanza Ledge Discovery made by our team some 24 years ago. The\nDiscovery is open in all directions.”\n \n\n\n\n\n\n\n QGQ24-13\n \n\n\n\n\n\n FROM (m)\n \n\n\n\n\n\n TO (m)\n \n\n\n\n\n\n INTERVAL (m)*\n \n\n\n\n\n\n Au g/t\n \n\n\n\n\n\n Au (g/t) capped^\n \n\n\n\n\n\n INTERVAL (ft)*\n \n\n\n\n\n\n\n\n QGQ24-13\n \n\n\n\n\n\n 9.49\n \n\n\n\n\n\n 146\n \n\n\n\n\n\n 136.51\n \n\n\n\n\n\n 1.46\n \n\n\n\n\n\n 1.01\n \n\n\n\n\n\n 447.87\n \n\n\n\n\n\n\n\n Including\n \n\n\n\n\n\n 9.49\n \n\n\n\n\n\...