Golden Cariboo Launches Major 2026 Exploration at Historic Quesnelle Gold Property

Golden Cariboo Resources Ltd. has officially launched its ambitious 2026 mineral exploration program at the Quesnelle Gold Quartz Mine Property in British Columbia, marking a significant step forward in the company's efforts to rediscover the historic Cariboo Gold Rush. Under the leadership of President and CEO Frank Callaghan, the company has mobilized personnel to the property, where they are currently opening access roads and preparing infrastructure for what promises to be their most comprehensive exploration season to date. The program builds on previous technical successes, including the notable results from drill hole QGQ24-20, which returned impressive gold and silver grades, as detailed in the August 12, 2025 News Release. This foundational work sets the stage for an aggressive 7,500-meter surface diamond drilling campaign targeting priority zones identified through extensive geological studies.

The core of the 2026 exploration focuses on advancing drilling operations, particularly continuing within drill string QGQ25-28, which has already reached a depth of 354.19 meters in the northern Halo zone. This area is strategically located about 200 meters north of QGQ24-20, where significant mineralization was previously encountered, including 137.17 meters of 1.55 g/t gold and 16.05 g/t silver. To enhance operational efficiency and data quality, Golden Cariboo is preparing to transition from NQ to HQ-sized core, a move expected to improve core recovery and provide more detailed geological insights into key structural and mineralized zones. Additional activities this season will include over 1 kilometer of trenching, mapping, prospecting, geochemical sampling, and both ground and airborne geophysical studies, all aimed at refining the geological models for this promising project.

Located approximately 4 kilometers northeast of Hixon and 50 kilometers southeast of Prince George, the Quesnelle Gold Quartz Mine Property spans a vast 94,899-hectare area along a favorable geological corridor adjacent to significant thrust faults. Historically, this region has been prolific for gold production, with over 101 placer gold creeks recording output along a 90-kilometer trend. The property's geological setting shows strong similarities to the Spanish Mountain gold deposit, suggesting potential for substantial epizonal orogenic gold mineralization. For further details, stakeholders are encouraged to visit the company's website at www.goldencariboo.com, where they can also follow updates on social media platforms including Instagram, Facebook, X (Twitter), and LinkedIn. The technical aspects of this news release have been reviewed and approved by qualified professional geoscientist Jean Pautler, ensuring compliance with industry standards.