Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announced on November 3, 2026, that it has filed an independent National Instrument 43-101 Technical Report on SEDAR+ titled "NI 43-101 Technical Report with Inaugural Mineral Resource Estimate on the Quesnelle Gold Quartz Mine Property, Hixon, British Columbia," dated October 31, 2026. The report supports the company's previously announced inaugural Mineral Resource Estimate (MRE) for the Halo-North Hixon zones, collectively referred to as the Halo deposit, located about 50 km southeast of Prince George, near Hixon in central British Columbia.
The Technical Report was prepared by independent Qualified Persons Jean Pautler, P.Geo., of JP Exploration Services Inc., and Sue Bird, P.Eng., of Bird Resource Consulting Corp., both of whom have provided written consents to the filing of the report in the form and context in which it appears. The report is available under the company's profile on SEDAR+ at www.sedarplus.ca and on the company's website at www.goldencariboo.com.
Company President and CEO J. Frank Callaghan stated, "Few discoveries reach the resource stage this quickly, with just 24 drill holes. What began as the Halo discovery and recently recognized by the BC Geological Survey as a significant mineral occurrence, the Halo and North Hixon Zones have now been independently validated as a substantial mineralized system with considerable room for growth. The NI 43-101 provides a strong foundation as we continue to explore the multiple trends and work towards expanding and upgrading the resource." The technical information in the news release was reviewed and approved by Sue Bird, an independent consultant commissioned by the company. Bird is a Professional Engineer 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 filing of the Technical Report is significant because it provides independent validation of the Halo deposit, transitioning it from a discovery to a formally recognized mineral resource. This matters for investors and the mining industry as it confirms the potential of the Quesnelle Gold Quartz Mine Property and provides a foundation for future exploration and resource expansion. The property encompasses 96,183 hectares (237,673 acres) along a prolific 90 km gold trend that has yielded gold from more than 101 placer creeks. It 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. The company's ability to reach the resource stage with only 24 drill holes underscores the efficiency of its exploration efforts and the significance of the Halo deposit. The original release can be viewed on www.newmediawire.com.
The independent validation of the Halo deposit could enhance the company's credibility and attract further investment, while also contributing to the understanding of the mineral potential in the Cariboo region. As Golden Cariboo continues to explore multiple trends on the property, the NI 43-101 Technical Report serves as a critical milestone that may support future resource expansion and upgrading, with implications for the local economy and the broader mining sector in British Columbia.
