Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announce that grassroots exploration activities have commenced on its Rainbow mineral claim group located on Valley Mountain within the District of Wells, BC.  The 142.9 hectare (353 acre) Property is positioned across the valley of Williams Creek, northeast of Barkerville Mountain where the Bonanza Ledge Mine and Osisko’s latest permitted mine portal is located (see Company website for location map).

Golden Cariboo’s exploration efforts will include geological mapping, surface sampling and geochemical analysis to assess gold mineralization potential adjacent to known historical open cuts and underground workings on the Property. Additionally, the Company is preparing to update LiDAR and orthophoto imagery for the area to refine geological interpretations and target identification. These advancements will enhance data quality, supporting efficient exploration while satisfying upcoming exploration requirements.

“Our team is excited to take this next step in our exploration at the Rainbow property,” stated Golden Cariboo’s President and CEO, Frank Callaghan. “By utilizing high resolution LiDAR and orthophoto data, we aim to gain clearer insights into the geological structures and maximize discovery potential in this historically significant region.”

Golden Cariboo remains committed to integrating advanced exploration technologies at all phases of its exploration activities. Through geological modeling, remote sensing, and data-driven analysis, the Company ensures accuracy in its operations. The Company will continue to provide updates as exploration progresses.

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 flagship Quesnelle Gold Quartz Mine property which is bordered  by Osisko Development (NSE:ODV/TSXV: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. The Company also holds mineral rights to smaller packages of ground within the heart of the Cariboo Gold District, including the Rainbow property. 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.