Golden Cariboo Resources announced today an extension of the previously disclosed Halo zone discovery with a gold intersection in drill hole QGQ24-14 intersecting 204.85m of 0.80 g/tonne gold from surface, including 143.85m of 1.01 g/t gold. This intersection represents continuity of the broad Halo zone, from surface gold mineralization intersected in drill hole QGQ24-13. Mineralization comprises quartz-carbonate veining [...]
Golden Cariboo Resources Ltd. wishes to announce the mobilization of field crews to the Quesnelle Gold Quartz Mine property to undertake a Mobile Metal Ion soil geochemistry survey. MMI is a methodology of soil geochemistry which is known to be capable of detecting buried mineral deposits . An approximately 12 line kilometer survey is planned to cover the area surrounding the Halo zone discovery which recently drilled [...]
Golden Cariboo Resources Ltd. announces the granting of 1,400,000 incentive stock options pursuant to its stock option plan to consultants of the Company 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 [...]
Golden Cariboo Resources Ltd. wishes to announce the discovery of a broad, near surface intersection of gold mineralization over 136.51m averaging 1.46 g/tonne gold in drill hole QGQ24-13. Bedrock was intersected at 6.86m , while mineralization consisting of quartz-carbonate veining, was first intersected at a depth of 9.49m . Mineralization is present as quartz-carbonate veining containing low to moderate concentrations [...]
Golden Cariboo Resources Ltd. announces the closing of the second and final tranche of its previously announced $1.5 million private placement which has closed fully subscribed . Golden Cariboo raised $1,189,000 from the issue of 7,926,667 units at $0.15 per Unit in Tranche 1 and an additional $311,000 from the issue of 2,073,333 units in Tranche 2. Each Unit consists of one common share of the Company and one common [...]
Golden Cariboo Resources Ltd. wishes to announce the Company's sampling and shipping progress of drill holes QGQ24-13 through QGQ24-15, all of which contain multiple examples of visible gold. Drill holes QGQ24-13 through QGQ24-15 have been sampled in their entirety and sent to ALS Geochemistry in North Vancouver for assay, where they are currently undergoing sample preparation and geochemical testing. Please refer to the [...]
Golden Cariboo Resources Ltd. is pleased to provide a summary of drilling to date, following a review and evaluation of the intercepts at its Quesnelle Gold Quartz Mine property near Hixon, British Columbia. A total of 4,144.4m in 15 diamond drill holes have been completed on three separate zones since commencement of drilling on the Property by the Company. Six holes over 41.0m , including 4.65 g/t Au over 7.15m and 1.12 [...]
Golden Cariboo Resources Ltd. announces the closing of the first tranche of a non-brokered private placement first announced July 29, 2024. Golden Cariboo has raised $1,189,000 from the issue of 7,926,667 units at $0.15 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant is exercisable for a period of 3 years from the closing at exercise prices as follows [...]
Golden Cariboo Resources Ltd. announced today the Company's sampling and shipping progress of drill holes QGQ24-13 through QGQ24-15, all of which contain multiple examples of visible gold. Drill hole QGQ24-13 has been sampled in its entirety and sent to ALS Geochemistry in North Vancouver for assay. Drill hole QGQ24-14 has been partially sampled and partially sent to the laboratory for assay. Drill hole QGQ24-15 is [...]
Golden Cariboo Resources Ltd. announces that it has terminated its non-brokered private placement of units previously announced on May 23, 2024 and June 25, 2024, and that it now intends to complete a non-brokered private placement of up to 1,000,000 units of the Company at a price of $0.15 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one common share [...]
Golden Cariboo Resources Ltd. wishes to announce that current drilling in six drill holes, QGQ24-10 through QGQ24-15, are targeting the Halo zone. Early success is indicated by three drill holes, QGQ24-13 through QGQ24-15 which have intersected multiple examples of visible gold within quartz-carbonate +/- pyrite veins, ranging in size from 0.5 to 3.0mm. The first observed example of visible gold is present at 32.00m in [...]
Golden Cariboo Resources Ltd. is pleased to announce it has received the full assay results from hole QGQ24-08, partial assay results from QGQ24-09. Previously released results, as well as new results can be seen below: * Au g/t Au capped^ INTERVAL * QGQ24-08 43.60 306.70 263.10 0.29 0.26 863.20 including 179.00 240.40 61.40 0.58 0.58 201.40 which includes 178.60 221.50 42.90 0.71 0.71 140.70 and including 264.85 306.70 [...]
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