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GCC.CN ·

Golden Cariboo Completes 754 m Drill Hole Ending in Mineralization and Applies to Register Additional Mineral Claims

Corporate Updates

GOLDEN CARIBOO RESOURCES LTD.

1100 - 1111 MELVILLE ST

VANCOUVER, B.C. CANADA V6E 3V6

TELEPHONE: 604-669-6463

GOLDENCARIBOO.com

CSE Stock Symbol GCC

Golden Cariboo Completes 754 m Drill Hole Ending in Mineralization and Applies to Register

Additional Mineral Claims

March 25, 2026

Vancouver, British Columbia, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC)

(OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announces that drill hole QGQ25 -28 was completed on

March 19, 2026 to a total length of 754.69 m (2,476 ft), ending in minerali zation approximately 12 m

(39.37 ft) from Osisko Development Corp.’s claim boundary. The work was carried out at the Company’s

Quesnelle Gold Quartz Mine Property (the “Property”), located approximately 4 kilometers northeast of

Hixon and 50 kilometers southeast of Prince George, British Columbia.

The end of drill hole QGQ25- 28 is located approximately 283 m (928.48 ft) beyond the end of drill hole

QGQ25-25, which ended in mineralization. Attached is a photo showing the final four core boxes from

drill hole QGQ25-28, which display veining, silicification and disseminated pyrite mineralization. Assays

are pending. Maps and pictures are available at https://goldencariboo.com/news/

In addition, the Company has applied to register an additional 1,283.59 ha (3,171.82 acres) within and

adjacent to its existing 94,899 ha (233,500.54 acres).

Frank Callaghan, President and CEO of Golden Cariboo Resources, stated:

“QGQ25-28 appears to be a strong step-out hole, drilled to 754 m, that continued to encounter the same

alteration and mineralization we’ve been seeing and ultimately ended in mineralization just 12 m from the

Osisko Development claim boundary. The extension beyond QGQ25- 25 and still finishing in

mineralization supports the potential for a robust system. We are now looking forward to the assays as

we continue to test the extent and continuity of the system. Additionally, we are looking to bolster our

land package in preparation for future work on our regional targets and test the northern portions of the

Spanish and Eureka thrust faults.

The technical information in this news release has been reviewed and approved by Jean Pautler, an

independent consultant commissioned by the Company. Jean Pautler is a Professional Geoscientist

(P.Geo.) registered with the Association of Professional Engineers and Geoscientists of the Province of

BC (“APEGBC”) and licensed by Engineers and Geoscientists BC, and is a “Qualified Person” with

respect to NI 43-101.

About Golden Cariboo Resources Ltd

Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly

targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property which is bordered

by Osisko Development (NSE:ODV/TSXV:ODV), partly intertwined with them at the north end of the

Cariboo Gold Project, and located along a favourable corridor adjacent to the Spanish and Eureka thrust

faults over a 94,899 hectare (234,501 acre) area. Historically, over 101 placer gold creeks on the 90-

kilometer (56 mile) trend, from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine

property, have recorded production with successful placer mining continuing to this day.

Golden Cariboo’s Quesnelle Gold Quartz Mine property is 4 kilometers (2.5 miles) northeast of, and road

accessible from, Hixon in central British Columbia. The Property includes the Quesnelle Quartz gold-

silver deposit, which was discovered in 1865 and developed over a footprint of about 150m x 150m (< 6

acres) at the Main zone straddling Hixon Creek. Overall, the geological setting of the gold mineralization

at the Company’s Quesnelle Gold Quartz Mine property shows strong similarities with the Spanish

Mountain gold deposit, situated 120 km (75 miles) towards the southeast along the same geological

trend. As a sediment-hosted vein (SHV) deposit, the Spanish Mountain deposit is considered to belong

to the epizonal orogenic subclass of gold deposits which include some of the world’s largest deposits

such as Muruntau, Uzbekistan and Bendigo, Australia.

For further information please contact:

GOLDEN CARIBOO RESOURCES LTD

“J. Frank Callaghan”

J. Frank Callaghan, President & CEO

Tel: 604-669-6463

VISIT OUR WEBSITE FOR MORE DETAILS

www.goldencariboo.com

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Neither the “CSE” Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange)

accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements:

This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding

the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward -looking

information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions

and includes information regarding; the expectation that the Company will receive all necessary exemptions and approvals to complete the Offering; the expectation

that the Company will complete the Offering on the terms disclosed, or at all; the expectation that the proceeds will be used for property exploration and for general

working capital; the Company’s explo ration plans with respect to its Quesnelle Gold Quartz Mine property; and the anticipated participation of the insider in the

Offering.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will receive all necessary

exemptions and approvals to complete the Offering; that the Company will complete the Offering on the terms disclosed, or at all; that the proceeds will be used for

property exploration and for general working capit al; that the Company will have the resources required to proceed with its exploration plans; that the Company will

not run into regulatory or other barriers in carrying out its business plans; that the insider will participate in the Offering, on the terms and conditions and in the amount

currently expected by management; and that the Company will be able to rely on the exemption from the formal valuation and mi nority shareholder approval

requirements on the basis anticipated.

Additionally, forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions,

activities, results, performance or achievements of the Company to be materially different from any future plans, inte ntions, activities, results, performance or

achievements expressed or implied by such forward- looking statements. Such risks include, without limitation: that the Company will not receive the necessary

exemptions and approvals to complete the Offering; that the Company will not complete the Offering on the terms disclosed, or at all; that the Company will be

unable to use the proceeds for property exploration and for general working capital; that the Company may incur unanticipated costs; that the Company m ay not

have the resources required to pursue its exploration plans; that the Company’s operations could be adversely affected by pos sible future government legislation

policies and controls or by changes in applicable laws and regulations; that the insider may not participate in the Offering on the terms and conditions and in the

amount currently expected by management, or at all; and that the Company may not be able to rely on the exemption from the formal valuation and minority

shareholder approval requirements on the basis currently expected. Such forward-looking information represents management’s best judgment based on information

currently available. No forward- looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place

undue reliance on forward-looking statements or information. Neither the Company nor any of its representatives make any representation or warranty, ex press or

implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither the Company nor any of its representatives shall have any

liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this news release by you or any of your

representatives or for omissions from the information in this news release.

The forward-looking statements herein speak only as of the date they were originally made. The Company has no intention and undertakes no obligation to update

or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.