Golden Cariboo Resources Ltd. has confirmed the discovery of the KM Uno zone, a mineralized structure parallel to the company's significant gold-silver bearing Halo zone at its Quesnelle Gold Quartz Mine property. This discovery, located approximately 2 km southeast of the 2024 Halo zone discovery, represents a major advancement in understanding the property's geological framework and potential for multiple interconnected gold-bearing structures.
The KM Uno zone discovery aligns with the Sunset trend positioned 1.4 km to the west, effectively flanking the Halo zone in a configuration that suggests a cohesive, district-scale gold system. These parallel structures correlate strongly with historical soil anomalies, resistivity highs, and geochemical indicators, as well as the argillite-greenstone lithological contact visible in the property's geological mapping. This geological feature is particularly significant as it mirrors the controls seen in major gold-producing districts across the Abitibi Greenstone Belt from Val d'Or to Timmins, where such contacts have been pivotal in defining extensive, high-grade deposits.
Initial results from the KM Uno zone, identified through targeted bedrock mapping and sampling, have yielded values of up to 1.1 g/t gold and 8.0 g/t silver from mineralized volcanic subcrop. These findings correlate with strong gold-silver-arsenic soil anomalies and geophysical features visible on the property's 2024 gold MMI soil map. The Halo zone, already demonstrating a 390-metre drilled strike length open for expansion, shows impressive results including discovery hole QGQ24-13 which intersected 1.77 g/t gold over 136.51 meters and hole QGQ24-20 which returned 0.56 g/t gold over 475.4 meters using PhotonAssay™ technology.
Golden Cariboo President Frank Callaghan stated that these findings confirm the company's geological model and highlight the potential for multiple mineralized zones across the property. The company completed four surface diamond drill holes totaling 638.59m during its Spring drill program, targeting strong quartz-carbonate vein stockwork along the argillite to greenstone contact. Additional information about the property and discoveries can be found at https://www.goldencariboo.com.
The discovery's importance lies in its demonstration of a district-scale gold system with geological characteristics similar to world-class gold districts. The parallel nature of these mineralized trends, combined with their association with proven geological controls, suggests substantial potential for resource expansion and economic development. This discovery could significantly impact the regional mining industry and contribute to understanding sediment-hosted vein deposits, which include some of the world's largest gold deposits such as Muruntau in Uzbekistan and Bendigo in Australia.
