Golden Cariboo Resources Ltd. announces a non-brokered private placement financing of up to 15,000,000 units at a price of $0.13 per Unit to raise gross proceeds of up to $1,950,000. Each Unit will consist of one common share in the capital of the Company and one half of one share purchase warrant ; Two half Warrants will equal one full share purchase Warrant, exercisable for a period of 3 years from the closing date, at [...]
Golden Cariboo Resources Ltd. announces today the staking of 90,989 ha of contiguous mineral claims to the Company's Quesnelle Gold Quartz Mine Property across the northern region of the Cariboo Gold District , bringing a new total of 95,122 ha held by the Company, and now making it the third largest claim holder in the Cariboo Gold District. The new mineral claims encompass an area with a similar geological setting to [...]
Golden Cariboo Resources Ltd. announces today a significant expansion to the Halo zone in the second drill hole from the current phase of drilling, drill hole QGQ24-17, which intersected 452.51 m of 0.30 g/t gold near surface from a depth of 10.97 m , including 27.32 m at 1.01 g/t gold and 51.26 m at 1.00 g/t gold. The broad, 452.51 m intercept of gold mineralization, extends the Halo zone 241 m to the north from the [...]
Golden Cariboo Resources Ltd. wishes to announce further results from outcrop sampling during the 2024 field campaign, subsequent to results announced in a News Release dated November 5, 2024 and can be viewed on the Company website at www.goldencariboo.com. Outcrop uncovered at the Halo zone during the Fall field campaign which returned values up to 8.47 g/t gold in grab samples , was revisited to collect more [...]
Golden Cariboo Resources Ltd. announces multiple occurrences of visible gold have been encountered in the latest drill hole, QGQ24-20, subsequent to previously announced visible gold in drill holes QGQ24-16 to QGQ24-19 in a news release dated October 29, 2024. Drill hole QGQ24-20 is testing the Halo zone discovery to the north and is currently in progress at a depth of 327.66 m . The drill hole has encountered extensive [...]
Golden Cariboo Resources Ltd. announces today results from drill hole QGQ24-16 which intersected 275.31 m of 0.53 g/t gold from a depth of 39.01 m , including 50.99 m of 1.28 g/t gold from 39.01 m depth. This is the initial drill hole from the current phase of drilling and represents strong widths and continuity of gold mineralization within the Halo zone discovery. The drill hole, set up at an azimuth of 315º and [...]
Golden Cariboo Resources Ltd. wishes to announce the acquisition of the Washburn Lateral District Lot on the Company's mineral claims. The Washburn Lateral is a 20.0 ha claim immediately northeast from the historic Quesnelle Quartz Mine and contains the undersurface mineral rights to the claim area. The collar for the discovery hole QGQ24-08 in the North Hixon zone returning 0.29 g/t Au over 263.10 m lies approximately 43 [...]
Golden Cariboo Resources Ltd. wishes to announce results from rock sampling during the 2024 field campaign, which contains highlights of up to 8.47 g/t Au in outcrop in the Halo zone and 1.13 g/t Au in outcrop near the Pioneer showing, 1 km north-northwest from the nearest drill collar in the Halo zone. A total of 16 rock samples were collected from outcrops at the Halo zone, North Hixon zone and Pioneer area. In the Halo [...]
Golden Cariboo Resources announces the granting of 775,000 incentive stock options pursuant to its stock option plan to directors and officers of the Company, as well as employees and consultants of the Company. Each option is exercisable to purchase one common share of the Company at a price of $0.23 per share for a term of 5 years. Options, and the shares issuable upon exercise, are subject to a four month hold period [...]
Golden Cariboo Resources Ltd. announces that additional visible gold and extensive quartz-carbonate veining has been observed in drill holes QGQ24-16, QGQ24-17, QGQ24-18 and QGQ24-19. Drill hole QGQ24-18 was completed at a depth of 483.41 m . Drill hole QGQ24-19 is currently in progress and is at a depth of 72.24 m . See map in Figure 3 for further details. Assay results pending. Golden Cariboo's President and CEO, Frank [...]
October 25 - Vancouver, Canada - Golden Cariboo Resources Ltd. is pleased to announce due to overwhelming demand the non-brokered private placement announced October 17, 2024 will close oversubscribed at 7,000,000 units at a price of $0.18 per Unit raising total gross proceeds of $1,260,000. Each Unit will consist of one common share in the capital of the Company and one half of one share purchase warrant ; Two half [...]
Golden Cariboo Resources Ltd. announces that drill hole QGQ24-17 has been terminated in a vein zone at a depth of 477.32 m , due to proximity to Osisko Development Corp.'s mineral claims. This is the first time this area has been drilled tested. Drill hole QGQ24-17 was drilled at an azimuth of 000 degrees and a dip of -45 degrees. See the map in Figure 1 for further details. Golden Cariboo's President and CEO, Frank [...]
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