Golden Cariboo Resources Launches Autumn Drilling Campaign at Quesnelle Gold Property

Golden Cariboo Resources Ltd. has initiated its autumn surface drilling campaign at the flagship Quesnelle Gold Quartz Mine Property, located approximately 4 kilometers northeast of Hixon, British Columbia. This exploration phase aims to extend the gold-bearing Halo and Main zones' strike length from nearly 600 meters to 2 kilometers adjacent to the black argillite-greenstone contact, building on the success of earlier programs announced in September 2025.

The company has simultaneously strengthened its technical team with the addition of two Professional Geoscientists, Cheryl Reid and Catherine Banfield. Reid brings 20 years of mineral exploration experience across Canada, specializing in VMS and Archean greenstone belt hosted orogenic gold projects with expertise in drill supervision, core logging, QA/QC, database management, and field mapping. Banfield contributes 20 years of international and domestic experience in polymetallic mineral exploration and mining projects, offering valuable insight into structural interpretation and geological modeling.

J. Frank Callaghan, President & CEO of Golden Cariboo Resources, expressed enthusiasm about both developments, stating that the combined experience and technical acumen of the new team members will be invaluable as the company continues to expand gold-bearing zones and define new targets. The property's strategic location places it within a favorable geological corridor adjacent to the Spanish and Eureka thrust faults over a 94,899-hectare area, bordered by Osisko Development and partly intertwined with them at the north end of the Cariboo Gold Project.

The Quesnelle Gold Quartz Mine property represents a significant historical mining district, with the Quesnelle Quartz gold-silver deposit originally discovered in 1865 and developed over a footprint of about 150 meters by 150 meters at the Main zone straddling Hixon Creek. The geological setting shows strong similarities to the Spanish Mountain gold deposit, situated 120 kilometers southeast along the same geological trend. As a sediment-hosted vein deposit, it belongs to the epizonal orogenic subclass that includes some of the world's largest deposits such as Muruntau in Uzbekistan and Bendigo in Australia.

Historical context reveals over 101 placer gold creeks along the 90-kilometer trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine property have recorded production, with successful placer mining continuing to present day. The property's road accessibility from Hixon in central British Columbia enhances its operational feasibility. For additional information about the company and its projects, visit https://www.goldencariboo.com.

The autumn drilling campaign represents a strategic step in Golden Cariboo's ongoing exploration efforts, potentially expanding known mineralization and contributing to the understanding of the Cariboo Gold Rush district's full potential. The combination of experienced geological expertise and targeted exploration in this historically productive region could yield significant results for the company and the broader mining industry in British Columbia.