Golden Cariboo Resources Ltd. announced drill results from its Quesnelle Gold Quartz Mine property located near Hixon, British Columbia. The company reported intersecting 0.42 grams per tonne gold over 47.01 meters from surface in diamond drill hole QGQ25-25, within a broader interval of 0.26 g/t gold over 190.2 meters. Additional mineralization was found deeper in the hole, including 0.76 g/t gold over 20.45 meters from 324.88 meters depth. The drill hole ended in mineralization with 1.00 g/t gold over 1.91 meters.
The significance of these results lies in their potential to expand known mineralization at the Halo zone. Drill hole QGQ25-25 represents a step-out 96 meters north-northeast of previous hole QGQ24-20, which returned 0.99 g/t gold and 9.77 g/t silver over 236.88 meters. The company has provided a detailed drill results table at https://www.goldencariboo.com. Another hole, QGC25-28, located 80 meters north of QGQ25-25, is currently being extended to target depth and has intersected extensive quartz-carbonate veining.
These findings matter because they demonstrate continuity of mineralization along strike at the Halo zone, suggesting the deposit may be larger than previously understood. The property's location in the Cariboo Gold Corridor, historically productive with over 101 placer gold creeks along a 90-kilometer trend, adds regional significance. The geological setting shows strong similarities to the Spanish Mountain gold deposit 120 kilometers southeast along the same trend, which belongs to the epizonal orogenic subclass that includes world-class deposits like Muruntau in Uzbekistan and Bendigo in Australia.
Frank Callaghan, President and CEO of Golden Cariboo Resources, stated the company continues to drive forward with intersections of mineralization from surface, extending the deposit along strike. The property's excellent infrastructure and proximity to Hixon allows year-round drilling operations. The company's technical approach includes rigorous quality control, with QA/QC samples constituting 5% of total samples. Samples were analyzed at the accredited MSALABS laboratory in Prince George using both ICP-AES and PhotonAssay™ methods, the latter providing more thorough assessment of gold distribution in coarse gold settings characteristic of the Halo zone.
The technical information has been reviewed and approved by independent consultant Jean Pautler, a Professional Geoscientist registered with APEGBC and qualified under NI 43-101 standards. For investors and industry observers, these results indicate ongoing exploration success in a historically significant gold district, with implications for resource expansion and future development potential in British Columbia's mining sector.
