Golden Cariboo Resources announces a non-brokered private placement financing of up to 6,000,000 units at a price of $0.18 per Unit. 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 exercise prices as follows: $0.25 in year one [...]
Golden Cariboo Resources Ltd. announces an update on current drilling in the Halo zone. Drill hole QGQ24-16 was completed at a depth of 362.10 m and contains multiple examples of visible gold . Drill hole QGQ24-17 is currently underway and at a depth of 343.21 m . Both drill holes have intersected extensive quartz-carbonate veining and alteration. Figure 2 shows an example of such in drill hole QGQ24-17. Both drill holes [...]
Golden Cariboo Resources announces an intersection in drill hole QGQ24-15 of 85.83 m at 0.55 g/tonne gold from surface, including 17.06 m of 1.75 g/t gold. The intersection in drill hole QGQ24-15 represents continuity of the broad and from surface gold mineralization at the Halo zone, previously intersected in drill holes QGQ24-13 and QGQ24-14. Drill hole QGQ24-15 encountered a higher volume of a volcanic flow unit in [...]
Golden Cariboo Resources Ltd. announced today an increase in grade to the previously disclosed Halo zone discovery drill hole QGQ24-13 with a gold intersection of 136.51 m at 1.77 g/t gold, including a near surface intersection of 23.89 m at 3.32 g/t gold, which includes 5.17 m of 13.74 g/t gold. These finalized intercepts are the result of elevated gold values from selective metallic screening assays replacing the fire [...]
Golden Cariboo Resources announced today an extension of the previously disclosed Halo zone discovery with a gold intersection in drill hole QGQ24-14 intersecting 204.85m of 0.80 g/tonne gold from surface, including 143.85m of 1.01 g/t gold. This intersection represents continuity of the broad Halo zone, from surface gold mineralization intersected in drill hole QGQ24-13. Mineralization comprises quartz-carbonate veining [...]
Golden Cariboo Resources Ltd. wishes to announce the mobilization of field crews to the Quesnelle Gold Quartz Mine property to undertake a Mobile Metal Ion soil geochemistry survey. MMI is a methodology of soil geochemistry which is known to be capable of detecting buried mineral deposits . An approximately 12 line kilometer survey is planned to cover the area surrounding the Halo zone discovery which recently drilled [...]
Golden Cariboo Resources Ltd. announces the granting of 1,400,000 incentive stock options pursuant to its stock option plan to consultants of the Company 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 [...]
Golden Cariboo Resources Ltd. wishes to announce the discovery of a broad, near surface intersection of gold mineralization over 136.51m averaging 1.46 g/tonne gold in drill hole QGQ24-13. Bedrock was intersected at 6.86m , while mineralization consisting of quartz-carbonate veining, was first intersected at a depth of 9.49m . Mineralization is present as quartz-carbonate veining containing low to moderate concentrations [...]
Golden Cariboo Resources Ltd. announces the closing of the second and final tranche of its previously announced $1.5 million private placement which has closed fully subscribed . Golden Cariboo raised $1,189,000 from the issue of 7,926,667 units at $0.15 per Unit in Tranche 1 and an additional $311,000 from the issue of 2,073,333 units in Tranche 2. Each Unit consists of one common share of the Company and one common [...]
Golden Cariboo Resources Ltd. wishes to announce the Company's sampling and shipping progress of drill holes QGQ24-13 through QGQ24-15, all of which contain multiple examples of visible gold. Drill holes QGQ24-13 through QGQ24-15 have been sampled in their entirety and sent to ALS Geochemistry in North Vancouver for assay, where they are currently undergoing sample preparation and geochemical testing. Please refer to the [...]
Golden Cariboo Resources Ltd. is pleased to provide a summary of drilling to date, following a review and evaluation of the intercepts at its Quesnelle Gold Quartz Mine property near Hixon, British Columbia. A total of 4,144.4m in 15 diamond drill holes have been completed on three separate zones since commencement of drilling on the Property by the Company. Six holes over 41.0m , including 4.65 g/t Au over 7.15m and 1.12 [...]
Golden Cariboo Resources Ltd. announces the closing of the first tranche of a non-brokered private placement first announced July 29, 2024. Golden Cariboo has raised $1,189,000 from the issue of 7,926,667 units at $0.15 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant is exercisable for a period of 3 years from the closing at exercise prices as follows [...]
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