Golden Cariboo Resources Intersects 0.89 g/t Gold over 70.65 m (231.79 ft) From Near Surface
GOLDEN CARIBOO RESOURCES LTD.
1100 - 1111 MELVILLE ST
VANCOUVER, B.C. CANADA V6E 3V6
TELEPHONE: 604-669-6463
-6905
GOLDENCARIBOO.com
CSE Stock Symbol GCC
Golden Cariboo Resources Intersects 0.89 g/t Gold over 70.65 m (231.79 ft) From Near Surface
March 10, 2026
Vancouver, BC, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF)
(WKN:A402CQ) (FSE:3TZ) announces results from diamond drill holes QGQ25- 26 and -27 at its
Quesnelle Gold Quartz Mine property (the “Property”), located 4 km northeast of Hixon, British Columbia,
south of Prince George. Drill hole QGQ25-27 intersected 0.89 g/t gold over 70.65m (231.79 ft) from near
surface at 14.20m (46.59 ft) depth within the Halo zone.
Hole ID From To Length (m) Length (ft) Au g/t Ag g/t
QGQ25-26 46.06 50.50 ***4.44 14.57 0.47 1.70
QGQ25-26 109.00 113.09 4.09 13.42 0.56 1.35
QGQ25-27 14.20 84.85 70.65 231.79 0.89 1.71
including 21.90 30.1 8.20 26.90 3.25 1.42
including 49.00 54.2 5.20 17.06 3.86 3.49
NB: Interval widths reported have insufficient data to reliably estimate true width.
***Recovery from this interval approximated only 15.8%.
Hole ID Easting Northing Elevation (m) Azimuth (°) Dip (°) Depth (m)
QGQ25-26 531567 5921938 792.5 90 -45.00 181.66
QGQ25-27 531467 5922577 804.94 353 -45.00 93.27
Drill hole QGQ25-27 is located in the Halo zone and was drilled at the preferred orientation of 353° . It
was terminated prematurely due to technical issues. Drill hole QGQ25-26 was drilled between the Main
zone and the Halo zone. The drill hole intersected large quantities of andesitic flow which is not a
favorable host rock for quartz veining. Drill hole QGQ25 -28 is currently ongoing, testing the northwest
extension of the Halo zone.
Golden Cariboo Resources Ltd. President and C EO Frank Callaghan states: “ Intersecting nearly 71
metres of continuous gold mineralization from near surface is another strong indication of the scale and
continuity developing within the Halo zone. Results like this reinforce our confidence that we are
delineating a significant mineralized system at the Quesnelle Gold Quartz property. As drilling continues
to expand the Halo zone and test the broader trend, each hole is adding to the dataset that will support
the Company’s planned mineral resource estimate.”
QA/QC samples, including blanks, standards and coarse reject duplicates, constitute 5% of the total
number of samples. The reported drilling has all been NQ core, which has been logged then split in half
before being sent to the laboratory.
The drill core samples were sent to the accredited MSALABS laboratory (“MSA”) in Prince George for
analysis. Samples were crushed by MSA to >70% passing below 2 mm and split using a riffle splitter,
and 250g 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 35- element
analysis on 0.5g aliquots. Additionally, PhotonAssay™ (photon) analysis was conducted for gold and
silver. Photon analysis uses a larger size (250-500g), compared to 30 or 50g in a fire assay, providing a
more thorough assessment of gold distribution in coarse gold settings, characteristic of the Halo zone,
where nugget effects can impact conventional assay results. MSA is accredited for the procedures
performed and entirely independent from the Company.
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 cr eeks 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, situat ed 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 l argest 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
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 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”, “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 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 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 m inority 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 pos sible future government le gislation
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.