Golden Cariboo Identifies Mineralization 600m below Surface of the Halo Zone
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 Identifies Mineralization 600m below Surface of the Halo Zone
April 21, 2026
Vancouver, British Columbia, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC)
(OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announces that drill hole QGQ25-29 was completed on April
19, 2026 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.
Drill hole QGQ26-29 was collared at the same drill pad as QGQ24-25 and was aligned to 170°/-72° dip
to target internally modelled data adjacent the strike of the greenstone contact vertically below the
Company’s earlier drilling. QGQ26-29 was drilled to a depth of about 660m (2,166 ft) and successfully
intercepted numerous internally modelled zones and may have identified a new mineralized zone near
the end of hole, about 600m (1,969 ft) vertically below the initial Discovery trench and QGQ24-17 collar.
The end of QGQ26-29 is described as andesitic tuff with moderate sericite- silica alteration. Quartz -
carbonate veinlets comprise approximately 3– 5%, locally increasing to 10– 12% and overall
approximately 2% disseminated and replacement pyrite. Logging and sampling is in progress with
assays from the top of hole currently pending. Maps are available at https://goldencariboo.com/news/
Assay results for drill hole QGQ25-28, collared about 80m north of QGQ26-29, are nearly completed in
full and expected to be in hand within the week. Results will be released when they come available.
The Company’s Mineral Resource Estimate is in progress with validation of all databases in progress
along with additional technical studies. The latest drill hole is planned to be included in the MRE along
in addition to the Company’s 28 other NQ sized drill holes. The Company’s 29 drill holes are intended to
be included in the Resource, along with up to nine historical drill holes from the Property.
Golden Cariboo’s President and CEO, J. Frank Callaghan, exclaims “We are very pleased with the early
indications from drill hole QGQ26 -29. The successful interception of multiple target zones and the
emergence of a possible new mineralized horizon half a kilometer deep highlights the momentum building
across the Project. Wi th additional assays expected shortly and our Mineral Resource Estimate
progressing well, Golden Cariboo is steadily advancing toward a clearer picture of the Property’s long
term potential.”
The technical information in this news release has been reviewed and approved by David Mark, an
independent consultant commissioned by the Company. David Mark 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 goldsilver
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 t he
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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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”, “beli eve”, “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 exploration 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 r eceive 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 capital; that the Company will have the resources required to proceed with its e xploration 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 minority 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, intentions, acti vities, results, performance or
achievements expressed or implied by such forward- looking statements. Such risks include, without l imitation: 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 propert y exploration and for general working capital; that the Company may incur unanticipated costs; that the Company may 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 Co mpany 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 pl ace
undue reliance on forward-looking statements or information. Neither the Company nor any of its representatives make any representation or warranty, express or
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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.