Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announced today that it has completed five diamond drill holes, including hole QGQ26-34, targeting high priority structural features immediately adjacent to the established Halo zone. The drilling campaign, which included holes QGQ26-30 through QGQ26-34, is part of the company's ongoing exploration at its Quesnelle Gold Quartz Mine property in British Columbia.
Notably, drill hole QGQ26-30, which tests the western contact of the Halo zone, will be included in Golden Cariboo'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 integration directly enhances the scale and confidence of the geological model.
President and CEO Frank Callaghan stated, "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. 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."
Core logging and sampling are in progress, with MSALabs of Prince George conducting assays on an ongoing basis. The company continues to define the true footprint of this system while maintaining cost-effective, year-round drilling.
The Quesnelle Gold Quartz Mine property is located 4 kilometers northeast of Hixon in central British Columbia and is bordered by Osisko Development. The property includes the Quesnelle Quartz gold-silver deposit, discovered in 1865 and developed over a footprint of about 150m x 150m at the Main zone. The geological setting shows similarities with the Spanish Mountain gold deposit, situated 120 km southeast along the same geological trend.
The technical information in this news release has been reviewed and approved by Gordon Gibson, a Professional Geoscientist registered with APEGBC and a Qualified Person under NI 43-101.
For further details, visit the company's website at www.goldencariboo.com and follow on LinkedIn.
