Curated News
By: NewsRamp Editorial Staff
February 03, 2026

Golden Cariboo Hits Significant Gold from Surface at Quesnelle Mine

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Original Source

TLDR

  • Golden Cariboo Resources Ltd. announces significant gold intersections from surface, offering potential investment advantages in the expanding Halo zone deposit.
  • The company used diamond drilling with NQ core, analyzed samples at MSALABS using ICP-AES and PhotonAssay™ methods, ensuring accurate gold grade measurements.
  • This discovery supports local economic development in British Columbia through year-round drilling operations and responsible resource extraction practices.
  • Golden Cariboo's drill hole ended in mineralization with 1.00 g/t gold, revealing continuous gold veins in this historic Cariboo Gold Rush region.

Impact - Why it Matters

This news matters because it demonstrates continued mineralization success in British Columbia's historic Cariboo Gold Corridor, a region with proven gold production dating back to the 1860s. For investors, these results from Golden Cariboo Resources indicate potential resource expansion at the Quesnelle property, particularly significant given the company's strategic location adjacent to Osisko Development's Cariboo Gold Project. The intersection of gold mineralization from surface to depth suggests the Halo zone may host substantial mineralized systems, while the use of PhotonAssay™ technology provides more reliable assessment in coarse gold environments. In the current gold market environment, successful exploration results in established mining jurisdictions like British Columbia can significantly impact company valuation and attract further investment. For the mining industry, continued discoveries in historic districts validate modern exploration approaches in areas with established infrastructure, potentially leading to new mining operations that create jobs and economic activity in regional communities like Hixon.

Summary

Golden Cariboo Resources Ltd. (CSE:GCC) has announced promising drill results from its Quesnelle Gold Quartz Mine property near Hixon, British Columbia, revealing significant gold mineralization that extends from surface to depth. The company reported that diamond drill hole QGQ25-25 intersected 0.42 grams per tonne (g/t) gold over 47.01 meters from surface, within a broader anomalous interval of 0.26 g/t gold over 190.2 meters. Additional mineralization deeper in the hole included 0.76 g/t gold over 20.45 meters from 324.88 meters depth, with the hole ending in mineralization yielding 1.00 g/t gold over 1.91 meters. This drilling represents a step-out in the Halo zone, located 96 meters north-northeast of previous drilling that returned 0.99 g/t gold and 9.77 g/t silver over 236.88 meters, as detailed in a previous LINK. The company continues to extend the deposit along strike, with drill hole QGC25-28 currently being extended to target depth after intersecting extensive quartz-carbonate veins.

President and CEO Frank Callaghan emphasized the company's progress in extending mineralization from surface at the Halo zone, noting the advantage of excellent infrastructure and proximity to Hixon that enables year-round drilling operations. The company's strategic location in the Cariboo Gold Corridor positions it for continued exploration success in this historically rich gold district. For detailed drill results, readers can Click here to see Drill Hole results table. The technical work was conducted with rigorous quality assurance protocols, with 5% of samples comprising QA/QC materials including blanks, standards, and duplicates. All drilling utilized NQ core that was logged and split before being sent to the accredited MSALABS laboratory in Prince George for analysis using both ICP-AES and PhotonAssay™ methods, the latter providing more thorough assessment of gold distribution in coarse gold settings characteristic of the Halo zone.

The Quesnelle Gold Quartz Mine property represents Golden Cariboo's effort to rediscover the Cariboo Gold Rush through targeted drilling and trenching programs on a 94,899-hectare area bordered by Osisko Development and located along a favorable geological corridor. The property includes the historically significant Quesnelle Quartz gold-silver deposit discovered in 1865, with geological similarities to the Spanish Mountain gold deposit 120 kilometers southeast along the same trend. As a sediment-hosted vein deposit, it belongs to the epizonal orogenic subclass that includes some of the world's largest gold deposits. The company's strategic positioning in this proven gold district, combined with modern exploration techniques and year-round access, creates significant potential for resource expansion and discovery in one of Canada's most storied gold regions. For more information, visit the company's website at www.goldencariboo.com.

Source Statement

This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Golden Cariboo Hits Significant Gold from Surface at Quesnelle Mine

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