Golden Cariboo Resources Intersects 0.89 g/t Gold Over 70.65 Meters at Quesnelle Gold Quartz Mine Property
Vancouver, BC — March 10, 2026 — Leads & Copy — Golden Cariboo Resources Ltd. (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) has announced drilling results from its Quesnelle Gold Quartz Mine property, intersecting 0.89 g/t gold over 70.65 meters in the Halo zone.
The company reported results from diamond drill holes QGQ25-26 and -27 at the property, located 4 kilometers northeast of Hixon, British Columbia, south of Prince George.
Drill hole QGQ25-27 intersected 0.89 g/t gold over 70.65m (231.79 ft) from near surface at 14.20m (46.59 ft) depth within the Halo zone.
Drill hole QGQ25-27, located in the Halo zone, was drilled at a 353° orientation but was terminated early due to technical issues. Drill hole QGQ25-26, drilled between the Main zone and the Halo zone, intersected large quantities of andesitic flow, considered an unfavorable host rock for quartz veining. Drill hole QGQ25-28 is currently testing the northwest extension of the Halo zone.
Golden Cariboo Resources Ltd. President and CEO Frank Callaghan said the 71-meter intersection of continuous gold mineralization from near surface indicates the scale and continuity within the Halo zone. He added that the results reinforce confidence in delineating a significant mineralized system at the Quesnelle Gold Quartz property and that each hole is adding to the dataset that will support the company’s planned mineral resource estimate.
QA/QC samples, including blanks, standards, and coarse reject duplicates, make up 5% of the total number of samples. The reported drilling used NQ core, which was logged and split in half before being sent to MSALABS in Prince George for analysis.
MSA crushed samples to >70% passing below 2 mm and split them using a riffle splitter, with 250g splits pulverized to >85% passing below 75 microns. An aqua regia digest with an inductively coupled plasma atomic emission spectroscopy (ICP-AES) finish was used for 35-element analysis on 0.5g aliquots. Additionally, PhotonAssay™ (photon) analysis was conducted for gold and silver, using a larger size (250-500g) compared to 30 or 50g in a fire assay to provide a more thorough assessment of gold distribution in coarse gold settings characteristic of the Halo zone. MSA is accredited for the procedures performed and is independent from the company.
Jean Pautler, an independent consultant commissioned by the company and a Professional Geoscientist (P.Geo.) registered with APEGBC, has reviewed and approved the technical information in the news release. Pautler is a “Qualified Person” with respect to NI 43-101.
Golden Cariboo Resources Ltd. is proceeding with drilling and trenching programs on its Quesnelle Gold Quartz Mine property, bordered by Osisko Development (NSE:ODV/TSXV:ODV) and located along a corridor adjacent to the Spanish and Eureka thrust faults over a 94,899 hectare area. Historically, over 101 placer gold creeks on the 90-kilometer trend have recorded production.
The Quesnelle Gold Quartz Mine property is 4 kilometers northeast of Hixon in central British Columbia and includes the Quesnelle Quartz gold-silver deposit, discovered in 1865. The geological setting shows similarities with the Spanish Mountain gold deposit, situated 120 km southeast along the same geological trend.
Source: Golden Cariboo Resources Ltd.
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