Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announced that drilling is actively underway on a strategically positioned step-out hole testing the southern extension of the Halo zone at its 100% owned Quesnelle Gold Quartz Mine Property, located about 50 km southeast of Prince George, near Hixon in central British Columbia. The announcement, issued via NEWMEDIAWIRE, comes shortly after the company released its inaugural Mineral Resource Estimate (MRE) for the property.
Drill hole QGQ26-35 is designed to evaluate potential expansion of the Halo mineralized system toward the Main zone, located about 700 meters to the southeast, while simultaneously delineating the western greenstone-argillite contact. The drill has now advanced beyond 150 meters (492 feet), with the majority of the hole observed by company geologists to be within the same sericite altered volcanic tuff package associated with much of the Halo zone mineralization. Narrow mineralized extensional veins have been observed throughout much of the core drilled to date, an orogenic style of mineralization that has been encountered elsewhere within the Halo deposit. Assays have not yet been received, and there can be no assurance that visually identified mineralization will be associated with economically significant gold values.
The company has also completed drilling and logging of holes QGQ26-31 through QGQ26-33, and logging of QGQ26-34 is nearly complete. These holes were logged after the cut-off date for inclusion in the company's inaugural NI 43-101 MRE, dated October 31, 2026, and therefore do not form part of the current resource model. The technical information in the news release has been reviewed and approved by Sue Bird, an independent consultant commissioned by the company. Sue Bird is a Professional Engineer (P.Eng.) registered with the Association of Professional Engineers and Geoscientists of the Province of BC and licensed by Engineers and Geoscientists BC, and is a "Qualified Person" with respect to NI 43-101.
The Quesnelle Gold Quartz Mine Property encompasses 96,183 hectares (237,673 acres) along a prolific 90km gold trend that has yielded gold from more than 101 placer creeks. The property occupies a strategic position bordering and partially interwoven with Osisko Gold Group Inc.'s Cariboo Gold Project and lies along the highly prospective Spanish and Eureka thrust fault corridor. Just 4 kilometres northeast of Hixon, the 789 hectare (1,950 acre) permitted portion of the property hosts the historic Quesnelle Quartz gold-silver deposit, originally discovered in 1865 during the Cariboo Gold Rush. While early mining focused on a relatively small 150m x 150m footprint at the Main zone, Golden Cariboo's ongoing drilling and trenching programs are demonstrating the potential for a much larger mineralized system extending well beyond the limits of the historic workings.
For readers and investors, the step-out drilling represents a critical test of whether the Halo zone can be expanded toward the Main zone, which could materially increase the size of the mineralized system and enhance the project's economic potential. The company's shares trade on the CSE under the symbol GCC and on the OTC under GCCFF. More details are available at www.goldencariboo.com. The original release can be viewed on www.newmediawire.com.
