Golden Cariboo Intersects 349.36 m (1146.2 ft) of 0.31 g/t gold including 164.97 m (541.2 ft) of 0.44 g/t gold Adjacent to Osisko Development’s Property
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 Intersects 349.36 m (1146.2 ft) of 0.31 g/t gold including 164.97 m (541.2 ft) of
0.44 g/t gold Adjacent to Osisko Development’s Property
February 11, 2025
Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF)
(WKN:A402CQ) (FSE:3TZ) wishes to announce a significant extension to the Halo zone in drill hole
QGQ24-19, which intersected 349.36 m (1146.2 ft) of 0.31 g/t gold including 164.97 m (541.2 ft) of 0.44
g/t gold from a depth of 7.85 m ( 25.8 ft), including better grade intercepts returning 11.27 m (37.0 ft) of
1.12 g/t gold and 16.60 m (54.5 ft) of 1.05 g/t gold. These intercepts provide further lateral extension
towards the claim boundary with Osisko Development Corp. , and the Halo zone remains open to the
north and northeast as QGQ24-19 was terminated due to proximity to the claim boundary. See Figure 1
below and on the Company website www.goldencariboo.com.
Drill hole QGQ24-19, set up at an azimuth of 000° and inclination of -45°, was drilled as a 100 m uppercut
to drill hole QGQ24-17 with an objective to characterize the vertical continuity and geometry of the Halo
zone. Strong continuity of gold mineralization is demonstrated between the two drill holes, while the
northern extension of the Halo zone, as now established, gives the zone a northeast-southwest horizontal
width of 292 m (as defined by QGQ24-16 and QGQ24-19, see Figure 1 below). In the zone, strong gold
grades have been encountered in the southwest portion surrounding the initial discovery, notably in drill
hole QGQ24-13 which returned 136.51 m of 1.77 g/t gold. Subsequent drill holes QGQ24-20 and QGQ24-
21 have been placed to test for continuity from these earlier drill holes , and as discussed in a News
Release dated November 26, 2024, drill hole QGQ24-20 encountered broad zones of quartz veining with
visible gold, and assay results are pending.
Golden Cariboo’s President and CEO, Frank Callaghan, stated “ Drill hole QGQ24-19 delivered another
exceptional gold intercept unlike many I have seen in my career before, showcasing again the
tremendous scale of the Halo zone. To establish a horizontal width of the zone to be just shy of 300
meters is a remarkable achievement for the project at this stage. This brings us strong confidence as we
move forward to further define the Halo zone and explore the remainder of our multi-kilometer gold trend
yet to be tested”.
Table 1: Reported gold intercepts for QGQ24-19
Drill hole From (m) To (m) Interval (m)* Au g/t Au g/t
(capped^)
Interval (ft)*
QGQ24-19 7.85 357.21 349.36 0.31 0.31 1146.2
including 7.85 172.82 164.97 0.44 0.44 541.2
which includes 7.85 19.12 11.27 1.12 1.11 37.0
and includes 54.35 70.95 16.60 1.05 1.05 54.5
including 119.36 172.82 53.46 0.49 0.49 175.4
including 343.86 357.21 13.35 0.73 0.73 43.8
* Interval widths reported at this point have insufficient data to reliably estimate true width.
^ Gold grades have been capped at 10 g/t (“grams per tonne”).
Figure 1: Reported drill intercepts in the Halo and North Hixon zones
Figure 2: Cross section of drill hole QGQ24-18 in the Halo zone
Figure 3: Location of the Halo Zone Discovery and nearby infrastructure
QA/QC samples including blanks, standards and coarse reject duplicates constitute 7% of the total
number of samples.
The shipments were sent to the ALS laboratory in North Vancouver (accredited) for laboratory analysis.
Assays were crushed by ALS to >70% passing below 2 mm and split using a riffle splitter, and 1 kg splits
were 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 36- element analysis on 0.5 g
aliquots. All samples were analyzed for gold content by fire assay with an inductively coupled plasma
atomic emission spectroscopy (ICP-AES) finish on 50 g aliquot s. Any sample returning >10 g/t Au was
reanalysed by fire assay with a gravimetric finish on a 50 g sample (ALS code: Au-GRA21). Additionally
select samples have been chosen for metallic screening. For metallic screening, a 1 kg pulp was
screened to 100 microns. The entire oversize fraction and duplicate 50 g assays on the undersize fraction
were completed.
The technical information in this news release has been reviewed by Jean Pautler, P.Geo., 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 Corp. (NSE:ODV/TSXV:ODV) and partly intertwined at the north end of the
Cariboo Gold Project, and located along a favorable corridor adjacent to the Spanish and Eureka thrust
faults over a 95,122 hectare (235,150 acre) area. Historically, over 101 placer gold creeks on the 90 km
trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz M ine property have recorded
production and successful placer mining continues to this day.
Golden Cariboo’s Quesnelle Gold Quartz Mine property is 4 km northeast of, and road accessible from,
Hixon in central British Columbia. The Project includes the Quesnelle Quartz gold- silver deposit, which
was discovered in 1865 in conjunction with placer mining activities. Hixon Creek, which dissects the old
workings, is a placer creek which has seen small-scale placer production since the mid 1860s.
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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Cautionary Statements:
This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding
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Offering.
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