Golden Cariboo Launches Ground Geophysical Survey to Delineate Critical Contacts and Potential Mineralization Adjacent 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 Launches Ground Geophysical Survey to Delineate Critical Contacts and
Potential Mineralization Adjacent the Halo Zone
June 3, 2025
Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC ) (OTC:GCCFF)
(WKN:A402CQ) (FSE:3TZ) announce the commencement of a spontaneous or self -potential (“SP”)
geophysical survey adjacent the mineralized geological trend of the Halo and Main zones of its Quesnelle
Gold Quartz Mine property (the “Property”), located about 4 km (2.5 miles) northeast of Hixon, British
Columbia, Canada. This initiative is set to assist with identifying the near surface contact between
metasedimentary lithologies, namely the argillite, and greenstone as well as pinpoint any fault offsets.
Recent step-out drilling at the Halo zone confirms the Company's geological model of a strongly mineralized
area associated with the lithological contact between argillite and greenstones ( May 27, 2025 News
Release). The SP geophysical method may assist with accurately identifying the near surface location and
extent of this important contact as it is known for detecting subtle electrical potential differences in the
ground which can be correlated to variations between rock lithology and may also correlate to mineralized
zones.
Golden Cariboo’s experienced team has a proven track record with this technique. In its discovery year, the
team successfully applied the SP method at Osisko's Bonanza Ledge Mine, delineating the near surface
footprint of gold mineralization with remarkable precision. This success not only confirmed the method’s
effectiveness but also led to the identification of several additional targets, which subsequently became the
focus of further exploration. This historical achievement underscores the reliability of this method in the
Cariboo Gold District.
The initiative reaffirms the Company’s strategic commitment to integrating proven technology into ever y
phase of its exploration program. Preliminary survey results will immediately be integrated into drilling and
trenching campaigns, contributing to a robust geological model that will highlight priority target areas.
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 favorable 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 and successful placer mining continues 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 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
LIKE AND FOLLOW
Instagram, Facebook, X (Twitter), LinkedIn
Neither the “CSE” Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies o f 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”, “estim ate”, “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 p roceeds 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 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 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 i n 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, 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 may not have the
resources required to pursue its exploration plans; that the Company’s operations could be adversely affected by possible fut ure 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 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 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.