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Golden Cariboo Reports Finalized Assays for the Halo Zone Discovery Hole Intersection of 136.51 m (447.87 ft) at 1.77 g/t Gold, Including 23.89 m (78.38 ft) at 3.32 g/t Gold Near Surface, which Includes 5.17 m (16.96 ft) at 13.74 g/t Gold
(TheNewswire) October 1, 2024 – TheNewswire - Vancouver, Canada – Gol...
About this update from Golden Cariboo Resources Ltd.
[{"type":"text","content":"Golden Cariboo Reports Finalized Assays for the Halo Zone Discovery Hole Intersection of 136.51 m (447.87 ft) at 1.77 g/t Gold, Including 23.89 m (78.38 ft) at 3.32 g/t Gold Near Surface, which Includes 5.17 m (16.96 ft) at 13.74 g/t Gold\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n October 1, 2024 –\n \n\n TheNewswire -\n \n\n Vancouver, Canada – Golden Cariboo Resources\nLtd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ)\n(FSE:3TZ)\n \n\n announced today an increase in grade\nto the previously disclosed Halo zone discovery drill hole QGQ24-13\n(See\n \n\n\n September 10, 2024 News\nRelease\n \n\n\n ) with a gold intersection of 136.51\nm (447.87 ft) at 1.77 g/t gold, including a near surface intersection\nof 23.89 m (78.38 ft) at 3.32 g/t gold, which includes 5.17 m (16.96\nft) of 13.74 g/t gold. These finalized intercepts are the result of\nelevated gold values from selective metallic screening assays\nreplacing the fire assay gold values.\n \n\n\n\n The discovery at the Halo zone and subsequent oriented\ncore and field data analysis by the technical team indicates several\nimportant points about this gold system. The mineralized veins are\nsubvertical and are striking to the northeast oblique to observed\nlithological contacts that strike northwest, three phases of\ndeformation are observed in outcrop, and later faulting appears to be\nan important conduit for gold mineralization.\n \n\n\n\n Golden Cariboo’s President and CEO, Frank Callaghan\nstated “Our new Halo zone discovery and multiple successful drill\nholes on the property show that we appear to be in an immense gold\nsystem. I’m excited that selective metallic screening assays on\ndrill hole 13 increased grades over the 136.51 m intercept by 21%. We\nare systematically following up on the Halo zone and expanding this\ndiscovery in all directions. Our geological team is currently\ncombining field work and drilling data to determine the geometry and\nstructural controls of the abundant gold mineralization on the\nproperty. The Halo zone at the Quesnelle Gold Quartz project has\nexcellent access due to it being only 4 km away from the community of\nHixon, off Highway 97, in central British Columbia. This allows the\nCompany to drill year-round which will be discussed further in an\nupcoming news release.&#...