Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) has completed the purchase of a 5.36-acre freehold property in Hixon, British Columbia, for a total purchase price of $300,000CAD, the company announced in a news release. The acquisition, first outlined in the company's May 19, 2026 news release, marks a strategic investment in operational readiness and long-term capacity.
The Hixon-based camp will play a critical role in supporting continuous exploration and development activities at Golden Cariboo's nearby Quesnelle Gold Quartz Mine property, enabling the company to operate 12 months a year. The property comprises two adjacent lots situated on Highway 97, and the company now holds title to the site.
Company President and CEO J. Frank Callaghan emphasized the strategic importance of the purchase: "Being able to work 12 months a year sets Golden Cariboo apart from many peer group companies. This acquisition will support those efforts and the Company's focus on building upon and expanding its inaugural NI 43-101 Mineral Resource Estimate announced on September 30, 2026." The ability to maintain year-round operations is particularly significant in central British Columbia, where winter conditions can disrupt field activities, and it positions Golden Cariboo to accelerate exploration at its flagship property.
Golden Cariboo has already mobilized its Atco 5 unit skid-mounted trailers to the camp to provide near-term accommodation and operational support infrastructure for field personnel and contractors. The company is also advancing water studies, permitting and engineered plans to assist with camp infrastructure installation. Aqua Tech Ltd from Kelowna and Western Water Associates Ltd out of nearby Prince George have been onsite to complete water testing and water quality analysis, which includes review by Northern Health. Results are pending, and either the existing water licence at the camp will be transferred to the company or a new licence may need to be applied for.
Additionally, Golden Cariboo has engaged Prince George-based L&M Engineering Ltd. to complete engineering plans and permitting for either an upgraded or new septic system to support the camp, ensuring the site will be fully functional and compliant with applicable regulations. These infrastructure developments are essential for supporting a permanent camp capable of housing personnel throughout the year.
The Quesnelle Gold Quartz Mine property is located 4 kilometers northeast of Hixon and is road accessible. 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 straddling Hixon Creek. The company is proceeding with highly targeted drilling and trenching programs on the property, which is bordered by Osisko Gold Group Inc. and located along a favourable corridor adjacent to the Spanish and Eureka thrust faults over a 96,183 hectare area.
For investors, the camp acquisition underscores Golden Cariboo's commitment to advancing its exploration asset efficiently. More details are available at www.goldencariboo.com.
