Golden Cariboo: Kilometer-Long Gold System at Surface Expanded Again

Newly Acquired Area Also Yields Promising Results

Golden Cariboo Resources Ltd. (CSE:GCC; OTC:GCCFF; FSE:3TZ) is currently focusing on expanding the newly discovered Halo Zone on its Quesnelle Quartz Gold (QGQ) property through new drilling, following some already spectacular drilling results. At the same time, the company also conducted an extensive exploration campaign, which has now yielded further promising results!

In early November, Golden Cariboo had already reported the discovery of an outcrop in the Halo Zone, where grab samples yielded up to 8.47 g/t Gold. To obtain more representative values, the company took three additional panel samples over an area of 1 by 1 meter. These also proved to be promising, with the highlight being 5.15 g/t Gold!

Golden Cariboo Panel sample in the Halo zone which returned 5 15 gt Au over a 1 times 1 m area GI NEU-GOLDINVEST — Sample from the Halo Zone yielding 5.15 g/t Au over an area of 1 x 1 m

Newly Acquired Area Also Shows Promising Sample Results

Additionally, CEO Frank Callaghan’s company has taken samples from the recently acquired Washburn Lateral claim area and can now report 1.27 g/t Gold from there. This value comes from an area that has not yet been explored by drilling and is located 137 meters southeast of drill site QGQ24-08.

According to Golden Cariboo, this sample consists of altered andesitic volcanic rock with quartz-carbonate-pyrite veins, similar to those regularly observed in the Main, Halo, and North Hixon Zones. The company suggests that this indicates the North Hixon Zone extends into the newly acquired area, in a parallel trend to the Main Zone (Quesnelle Quartz Mine).

As CEO Callaghan explains, this year’s exploration campaign was extremely successful, as it further expanded the already kilometer-long gold system of the QGQ property. Moreover, the Golden Cariboo CEO continues, these results indicate significant potential for further promising drilling on QGQ. Mr. Callaghan particularly emphasized the southeastern extension of the North Hixon Zone, which remains a priority target for Golden Cariboo.

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