
Golden Cariboo Resources Ltd. (CSE: GCC) (OTC: GCCFF) (WKN: A402CQ) (FSE: 3TZ) announces that geological field personnel are now onsite at its Quesnelle Gold Quartz Mine property, located approximately 4 kilometers (2.5 miles) northeast of Hixon, central British Columbia, Canada.
Field personnel are following up significant targets generated by in-house expertise from recent drilling and experience within the belt. Drilling to date has indicated a general southeast to southerly strike, dipping 50 to 60° towards the southwest to west for the Halo and Main zones, with the contact between the upper argillite and the greenstone package being the primary structural control of mineralization. This contact, centred on the Halo zone and one of several on the Property, extends 1.2 km to the northern Property boundary and 1.7 km to the southern Property boundary. The three main orientations for the gold-bearing veins as identified using oriented core at the Halo zone are: contact parallel (140°/70SW°); steep northeast-southwest (040°/80°SE-80°NW) and; east striking (080°/30°S). Consequently, the preferred orientation for drill holes is northerly with a -45° dip.
Target generation included integration of conventional soil anomalies, airborne resistivity, MMI gold in soil (useful in the detection of mineralization beneath thick till cover), known showings, existing drillholes, and contouring large-scale lithological units. Two new potential targets were identified, Km Uno and Sunset. Strong alteration and promising veining have been identified at Km Uno in an area of a strong historical gold-silver-arsenic conventional soil anomaly, that would be subdued in areas of thick till cover, and promising geophysical anomalies. The Sunset target in the west is defined by a linear resistivity high anomaly with an historical conventional soil gold-silver-arsenic anomaly. In addition to prospecting, structural mapping and the self-potential ground geophysical survey announced in the news release dated June 3, 2025 (to detect the argillite-greenstone contact), an extension to the MMI soil grid is proposed (see Company website for map).
Targeting was also completed to continue the drilling campaign, with 15 holes proposed to define the current extension of the Halo zone along the black argillite-greenstone contact towards the Pioneer Minfile occurrence to the north-northwest and towards the Main zone to the south-southeast. Eight holes are proposed as northerly step outs in approximately 100m intervals, with nine holes proposed as southerly step outs in approximately 150m intervals.
The Company also plans to evaluate its large, more recently staked land package employing LiDAR, airborne geophysics (including electromagnetics) as well as boots on the ground prospecting, mapping and sampling.
The technical information in this news release has been reviewed by Jean Pautler, an independent consultant commissioned by the Company. Jean Pautler is a Professional Geoscientist (P.Geo.) registered with the Association of Professional Engineers and Geoscientists of the Province of BC (“APEGBC”) and licensed by Engineers and Geoscientists BC, and is a “Qualified Person” with respect to NI 43-101.
Accompanying the field team is the Company’s Qualified Person, Ms. Jean Pautler, P.Geo., who recently received industry recognition at the 2025 KEG conference for her outstanding contributions to mineral exploration. Ms. Pautler will oversee and direct the current phase of fieldwork, which includes detailed geological mapping, sampling, and structural analysis of high-priority target areas identified during the 2024 exploration season.
“We’re excited to have Ms. Pautler back on the ground,”
“Her award-winning expertise and deep familiarity with the region are invaluable as we advance our understanding of the Company’s highly prospective gold systems.”
Said Frank Callaghan, President And CEO Of Golden Cariboo Resources Ltd.
The Company will provide further updates as results from the 2025 program become available.
About Golden Cariboo Resources Ltd.
Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property which is bordered by Osisko Development (NSE:ODV/TSX-V:ODV), partly intertwined with them at the north end of the Cariboo Gold Project, and located along a favorable corridor adjacent to the Spanish and Eureka thrust faults over a 94,899 hectare (234,501 acre) area. Historically, over 101 placer gold creeks on the 90-kilometer (56 mile) trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine property have recorded production and successful placer mining continues to this day.
Golden Cariboo’s Quesnelle Gold Quartz Mine property is 4 kilometers (2.5 miles) northeast of, and road accessible from, Hixon in central British Columbia. The Property includes the Quesnelle Quartz gold-silver deposit, which was discovered in 1865 in conjunction with placer mining activities. Hixon Creek, which dissects the old workings, is a placer creek which has seen small-scale placer production since the mid 1860s.
Neither the “CSE” Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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