Golden Cariboo Resources Ltd.

Golden Cariboo Resources Ltd. announces today results from drill hole QGQ24-16 which intersected 275.31 m of 0.53 g/t gold from a depth of 39.01 m , including 50.99 m of 1.28 g/t gold from 39.01 m depth. This is the initial drill hole from the current phase of drilling and represents strong widths and continuity of gold mineralization within the Halo zone discovery. The drill hole, set up at an azimuth of 315º and [...]

Golden Cariboo Resources Ltd. wishes to announce the acquisition of the Washburn Lateral District Lot on the Company's mineral claims. The Washburn Lateral is a 20.0 ha claim immediately northeast from the historic Quesnelle Quartz Mine and contains the undersurface mineral rights to the claim area. The collar for the discovery hole QGQ24-08 in the North Hixon zone returning 0.29 g/t Au over 263.10 m lies approximately 43 [...]

Golden Cariboo Resources Ltd. wishes to announce results from rock sampling during the 2024 field campaign, which contains highlights of up to 8.47 g/t Au in outcrop in the Halo zone and 1.13 g/t Au in outcrop near the Pioneer showing, 1 km north-northwest from the nearest drill collar in the Halo zone. A total of 16 rock samples were collected from outcrops at the Halo zone, North Hixon zone and Pioneer area. In the Halo [...]

Golden Cariboo Resources Ltd. announces the granting of 775,000 incentive stock options pursuant to its stock option plan to directors and officers of the Company, as well as employees and consultants of the Company. Each option is exercisable to purchase one common share of the Company at a price of $0.23 per share for a term of 5 years. Options, and the shares issuable upon exercise, are subject to a four month hold [...]

Golden Cariboo Resources Ltd. announces that additional visible gold and extensive quartz-carbonate veining has been observed in drill holes QGQ24-16, QGQ24-17, QGQ24-18 and QGQ24-19. Drill hole QGQ24-18 was completed at a depth of 483.41 m . Drill hole QGQ24-19 is currently in progress and is at a depth of 72.24 m . See map in Figure 3 for further details. Assay results pending. Golden Cariboo's President and CEO, Frank [...]

October 25 - Vancouver, Canada - Golden Cariboo Resources Ltd. is pleased to announce due to overwhelming demand the non-brokered private placement announced October 17, 2024 will close oversubscribed at 7,000,000 units at a price of $0.18 per Unit raising total gross proceeds of $1,260,000. Each Unit will consist of one common share in the capital of the Company and one half of one share purchase warrant ; Two half [...]

Golden Cariboo Resources Ltd. announces that drill hole QGQ24-17 has been terminated in a vein zone at a depth of 477.32 m , due to proximity to Osisko Development Corp.'s mineral claims. This is the first time this area has been drilled tested. Drill hole QGQ24-17 was drilled at an azimuth of 000 degrees and a dip of -45 degrees. See the map in Figure 1 for further details. Golden Cariboo's President and CEO, Frank [...]

Golden Cariboo Resources announces a non-brokered private placement financing of up to 6,000,000 units at a price of $0.18 per Unit. Each Unit will consist of one common share in the capital of the Company and one half of one share purchase warrant; Two half Warrants will equal one full share purchase Warrant, exercisable for a period of 3 years from the closing date, at exercise prices as follows: $0.25 in year one [...]

Golden Cariboo Resources Ltd. announces an update on current drilling in the Halo zone. Drill hole QGQ24-16 was completed at a depth of 362.10 m and contains multiple examples of visible gold . Drill hole QGQ24-17 is currently underway and at a depth of 343.21 m . Both drill holes have intersected extensive quartz-carbonate veining and alteration. Figure 2 shows an example of such in drill hole QGQ24-17. Both drill holes [...]

Golden Cariboo Resources announces an intersection in drill hole QGQ24-15 of 85.83 m at 0.55 g/tonne gold from surface, including 17.06 m of 1.75 g/t gold. The intersection in drill hole QGQ24-15 represents continuity of the broad and from surface gold mineralization at the Halo zone, previously intersected in drill holes QGQ24-13 and QGQ24-14. Drill hole QGQ24-15 encountered a higher volume of a volcanic flow unit in [...]