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Golden Cariboo Intersects New Discovery with Multiple Examples of Visible Gold in Each of Three Drill Holes at the Halo Zone 830m from the Quesnelle Gold Quartz Mine
(TheNewswire) July 18, 2024 – TheNewswire - Vancouver, Canada – Golde...
About this update from Golden Cariboo Resources Ltd.
[{"type":"text","content":"Golden Cariboo Intersects New Discovery with Multiple Examples of Visible Gold in Each of Three Drill Holes at the Halo Zone 830m from the Quesnelle Gold Quartz Mine\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n July 18, 2024 –\n \n \n TheNewswire -\n \n \n Vancouver, Canada – Golden Cariboo Resources\nLtd. (the “Company”) (CSE: GCC) (OTC: GCCFF) (WKN: A402CQ) (FSE:\n3TZ)\n \n \n wishes to announce that current drilling\nin six drill holes, QGQ24-10 through QGQ24-15, are targeting the Halo\nzone. Early success is indicated by three drill holes, QGQ24-13\nthrough QGQ24-15 which have intersected multiple examples of visible\ngold within quartz-carbonate +/- pyrite veins, ranging in size from\n0.5 to 3.0mm. The first observed example of visible gold is present at\n32.00m (104.99 feet) in QGQ24-13 (see Figure 2). Visible gold is seen\nintermittently in the three drill holes within broad zones of\nalteration and veining. The Halo zone is 400 meters (1312.34 feet) to\nthe Northwest of Hole QGQ24-09 (see map in Figure 4) and potentially\nrepresents a separate trend from the North Hixon zone. The six diamond\ndrill holes QGQ24-10 through QGQ24-15 are the first drill holes\ndrilled at the Halo zone to date with no historic drilling. The drill\nhole collars for these three holes are 830m (2723.10 ft) from the\nclosest drill hole collar at the Quesnelle Gold Quartz Mine\n(QGQ23-03).\n \n \n \n \n Golden\nCariboo’s President and CEO stated “The presence of multiple\nvisible gold intersections in the three drill holes at the Halo zone\nconstitutes a new discovery on the property and a considerable step\nforward for this project. This adds to our previous successes where\nThe Company has intersected gold mineralization in all holes to date,\nincluding multiple broad intercepts.”\n \n \n \n \n The technical information in this news release has been\nreviewed by Dr. Sarah Palmer, P.Geo., a qualified person with respect\nto NI 43-101.\n \n \n \n \n About Golden Cariboo Resources Ltd.\n \n \n \n \n Golden Cariboo Resources Ltd. is rediscovering the\nCariboo Gold Rush by proceeding with highly targeted drilling and\ntrenching programs on its Quesnelle Gold Quartz Mine property which is\nalmost fully encircled on 3 of 4 sides by Osisko Development\n(NSE-ODV/TSXV-ODV). Histor...