Golden Cariboo Resources Ltd. has reported drill results from its Quesnelle Gold Quartz Mine property in central British Columbia, intersecting 0.56 grams per tonne (g/t) gold over 99.84 meters in drill hole QGQ25-23. The intercept includes a higher-grade section of 1.00 g/t gold over 40.56 meters, with a narrower zone showing 9.99 g/t gold over 1.92 meters. These results come from drilling that tested north of the Halo zone, with ongoing work continuing through the fall season.
The significance of these findings lies in the continuity and grade of mineralization encountered, particularly given the geological context of the property. The company is targeting areas proximal to the contact between greenstone and argillite rock units to vector into further mineralization to the north. This approach follows established geological models for sediment-hosted vein deposits in the region, which include world-class deposits like Muruntau in Uzbekistan and Bendigo in Australia.
Technical validation of these results is strengthened by the quality control measures implemented. QA/QC samples, including blanks, standards and duplicates, constituted 5% of total samples. The company utilized ALS Canada Ltd.'s laboratory facilities, which are accredited to ISO 17025 standards and independent from the company. Of particular note is the use of PhotonAssay™ technology for gold analysis, which processes 400-500 gram subsamples compared to the 30-50 gram samples used in traditional fire assay methods. This larger sample size provides a more thorough assessment of gold distribution in coarse gold settings characteristic of the Halo zone, where nugget effects can impact conventional assay results.
The technical information has been reviewed and approved by Jean Pautler, a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of the Province of BC and qualified under NI 43-101 standards. This independent verification adds credibility to the reported results and their interpretation.
For investors and industry observers, these results demonstrate continued mineralization potential in a historically significant gold district. The property's location along the same geological trend as the Spanish Mountain gold deposit, situated 120 kilometers to the southeast, suggests broader regional potential. The company's website at https://www.goldencariboo.com provides additional information about their exploration programs.
While mechanical issues affected some drill holes in the program, with QGQ24-21, QGQ25-23 and QGQ25-24 terminated early, and QGQ25-22 showing no significant results due to excessive deviation, the primary intercept in QGQ25-23 represents a substantial step forward in understanding the property's mineralization. The company processes and stores core samples at its secure drill compound in Hixon, British Columbia, with all handling controlled by company employees before shipment to the laboratory.
The broader implications of these findings extend beyond this single property. Successful exploration in the Cariboo Gold District could contribute to revitalizing gold mining in a region with historical production dating back to 1865. The property's accessibility, located just 4 kilometers northeast of Hixon with road access, adds practical significance to any potential future development. As exploration continues with drill hole QGQ25-28 currently in progress, these results provide a foundation for further targeting and resource definition in an area that has seen continuous placer mining activity to the present day.
