Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) has completed five diamond drill holes, including hole QGQ26-34, targeting high priority structural features adjacent to the established Halo zone, the company announced Tuesday. Drill holes QGQ26-30 through QGQ26-34 have been completed, with core logging and sampling in progress and assays being conducted by MSALabs of Prince George on an ongoing basis.
Notably, drill hole QGQ26-30, which tests the western contact of the Halo zone, will be included in the company's upcoming Mineral Resource Estimate (MRE). Ongoing property-wide data validation provided the opportunity to add this drill hole, expanding the study to encompass up to 9 historical drill holes alongside the company's first 30 surface diamond drill holes. This expansion directly enhances the scale and confidence of the geological model, according to President and CEO Frank Callaghan.
“Integrating hole QGQ26-30 into our upcoming maiden Mineral Resource Estimate is a pivotal addition that directly enhances the scale and confidence of our geological model,” Callaghan said. “Property wide data validation allowed us to expand the MRE dataset to thirty of our surface diamond drill holes alongside historical data, while our latest drilling campaign successfully stepped out to test structural contacts and the corridor toward the Main zone. With assays actively progressing at MSALabs, we continue to define the true footprint of this system while maintaining cost-effective, year-round drilling.”
The technical information in this news release has been reviewed and approved by Gordon Gibson, an independent consultant and a Professional Geoscientist (P.Geo.) registered with the Association of Professional Engineers and Geoscientists of BC, who is a Qualified Person under NI 43-101.
Golden Cariboo Resources is rediscovering the Cariboo Gold Rush through targeted drilling and trenching on its Quesnelle Gold Quartz Mine property, which is bordered by Osisko Development and located along a favourable corridor adjacent to the Spanish and Eureka thrust faults over a 94,899-hectare area. The property is 4 kilometers northeast of Hixon in central British Columbia and includes the Quesnelle Quartz gold-silver deposit discovered in 1865. The geological setting shows strong similarities with the Spanish Mountain gold deposit, situated 120 km to the southeast along the same geological trend, classified as a sediment-hosted vein deposit of the epizonal orogenic subclass.
For more information, visit the company's website at www.goldencariboo.com. Follow Golden Cariboo on Facebook or X (Twitter).
