Golden Cariboo Options Granted

GOLDEN CARIBOO RESOURCES LTD.

804 –750 WEST PENDER STREET

VANCOUVER, B.C. CANADA V6C 2T7

TELEPHONE: 604-682-2928

FAX: 604-685-6905

GOLDEN CARIBOO OPTION GRANT

April 5, 2024

Vancouver, Canada – Golden Cariboo Resources Ltd. (the “ Company”) (CSE -GCC/OTC-

GCCFF/WKN-A0RLEP) announces the granting of 245,000 incentive stock options pursuant to

its stock option plan to consultants of the Company. Each option is exercisable to purchase one

common share of the Company at a price of $0.23 per share for a term of 5 years. Options, and

the shares issuable upon exercise, are subject to a four month hold period from the date of

grant.

About Golden Cariboo Resources Ltd.

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

high-grade targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine Project

which is almost fully encircled on 3 of 4 sides by Osisko Development (NSE -ODV/TSXV-ODV).

Historically, over 101 placer gold creeks on the 90 km trend from the Cariboo Hudson mine

north to the Quesnelle Gold Quartz mine 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 property includes the Quesnelle Quartz

gold-silver deposit, which was discovered in 1865 in conjunction with placer mining activities.

Hixon Creek, which dissects the Quesnelle Gold Quartz Mine property, is a placer creek which

has seen small-scale placer production since the mid 1860's.

GOLDEN CARIBOO RESOURCES LTD.

“J. Frank Callaghan”

J. Frank Callaghan, President & CEO

Neither the “CS E” 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.