Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announced that it has completed five diamond drill holes, including hole QGQ26-34, targeting high priority structural features adjacent to the established Halo zone. Drill holes QGQ26-30 through QGQ26-34 have been completed, and core logging and sampling are in progress with MSALabs of Prince George conducting assays 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.
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. 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 commissioned by the company. Gordon Gibson is a Professional Geoscientist (P.Geo.) registered with the Association of Professional Engineers and Geoscientists of the Province of BC and is a Qualified Person with respect to NI 43-101.
Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly targeted drilling and trenching programs 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 company's Quesnelle Gold Quartz Mine property is 4 kilometers northeast of Hixon in central British Columbia and includes the Quesnelle Quartz gold-silver deposit.
For further information, visit the company's website at www.goldencariboo.com.
