Strategic Testing of Potentially High-Grade Targets
It’s starting again! As Golden Cariboo Resources (CSE GCC / Frankfurt A402CQ) just announced, the 2025 drilling program has begun on the Quesnelle Gold Quartz Mine (QGQ) property in the Canadian province of British Columbia. The company aims to build on last year’s successes, particularly the substantial gold mineralization intersections from the Halo Zone discovery.
Accordingly, CEO Frank Callaghan’s company has now fully mobilized team and equipment and is embarking on a comprehensive diamond core drilling program to delineate or expand particularly promising gold targets across the entire property.
The first step is to complete drill hole QGQ24-21, currently the westernmost hole in the permitted area. The new drill hole is located just 80 meters away from drill hole QGQ24-20, with which Golden Cariboo recently celebrated a major drilling success. Among other results, QGQ24-20 yielded 0.99 g/t gold with 9.8 g/t silver over 236.88 (!) meters, including 1.45 g/t gold and 16.05 g/t silver over 137.7 meters! (We reported on this.)
This spectacular drill hole was partly associated with a large fault along a northwest-trending contact between the mafic to intermediate volcanic host rock (greenstone) and a black argillite unit. Similar results / gold grades in QGQ24-21 would of course be another major success for Golden Cariboo. The chance at least seems to exist, as the company explains that there are strong lithological similarities between the upper part of drill hole QGQ24-20 and the deepest section drilled so far in QGQ24-21. Results for the first 220.2 meters of the new drilling are already pending.
Remarkable and Still Untapped Potential
CEO Callaghan is also pleased that the 2025 drilling program has now begun. It strategically targets the expansion of known mineralization zones – such as Halo and North Hixon – while simultaneously exploring new opportunities identified through the company’s integrated geological and geospatial analyses. As Mr. Callaghan explains, this is a crucial phase in the company’s efforts to unveil the “remarkable and still untapped” potential of the Cariboo Gold District.
Accordingly, the drilling program now underway is the core of a broader exploration strategy in which Golden Cariboo combines historical data with state-of-the-art survey and mapping techniques. The surface drilling systematically investigates targets where evidence of higher-grade mineralization was previously discovered. With pending analysis results and real-time assessments from the project, the expansion of drilling operations towards other promising areas will be guided throughout this exploration season.
