Recently staked claims coming into focus for the first time

Golden Cariboo Resources (CSE: GCC, FSE: 3TZ, WKN: A402CQ) was very successfull at the Quesnelle Gold Quartz Mine property last year, which led to the discovery of the Halo and North Hixon mineralized zones, among others. Now, the company wants to build on this success. To this end, a new exploration plan has been developed for the current year, which is intended not only to build on but also expand on recent successes. The recently staked claims in the northern Cariboo Gold District are also coming into focus for the first time.

They cover an area of 91,085 hectares, with the company most recently expanding its own concession area by a further 96 hectares on February 11. The starting point for the new exploration efforts is the Halo Zone. It is defined by drill holes with published results and currently has a strike length of approximately 210 meters. The width of the deposit, which runs along a northwesterly trend, is given as 292 meters.

The north-western extent of the halo zone has not yet been defined and therefore remains open. The potential includes a 574 meters long section between the former Pioneer production site and the end of drill hole QGQ24-20, which has not yet been tested with drilling.

The initial focus of the new drill program will be to continue the northwest step-out drilling along this trend and to search for additional high-grade areas in the Halo Zone. Golden Cariboo proved how high-grade these zones can be last year when 1.77 g/t gold over a length of 136.51 meters (!) were discovered in drill hole QGQ24-13.

Golden Cariboo wants to prove that there is a large gold deposit at Hixon

Another high priority for the company is diamond drilling, which is to be carried out beyond the Halo zone along several kilometers of untested strike on several parallel trends. This year’s drilling is planned to begin at the southeast extension of the North Hixon Zone. It includes a 1.2 kilometers long, untested section along strike from the Cayenne showing.

The Hixon deposit is of particular interest to Golden Cariboo because, as President and CEO Frank Callaghan emphasizes, the company not only wants to further expand the known mineralization here, but also to prove that a large gold deposit exists.

The area around the historic Quesnelle quartz mine is also interesting. It is called the Main Zone and covers an area of around 150 x 150 meters with underground workings. The area lies on a separate trend that runs parallel to the North Hixon zone. Drilling to explore the northwest or southeast extensions of the mine has never been done in the past and is therefore a priority for the company.

The newly acquired claims are subjected to initial tests on the ground

A particular focus of this year’s exploration program will be the field work that will be carried out over the coming months on the newly staked 91,085 ha claim group. Golden Cariboo’s objective here is to prove the northwest continuity of the main gold systems in the Cariboo gold district.

The claims are attractive to the company because their geology is very similar to that of the Quesnelle gold-quartz mine property with its 5.3 million ounces of gold and the Spanish Mountain deposit with a further 4.7 million ounces of gold. Field crews are expected to conduct initial prospecting and mapping activities on the property in late spring. An airborne LiDAR survey is also planned to support the geologic mapping work on the new project area.

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