Golden Cariboo Resources
Flagship Quesnelle Gold Quartz Property has extraordinary potential.
Management and exploration team has put two mines in the Cariboo into production, including:
● The initial discovery, development and operation of what is now Osisko Development’s Bonanza Ledge Mine, which is in a similar geological setting 75km southeast and “along trend”
● Acquired and restored gold production at the QR Mine and mill.
The Quesnelle Gold Quartz Mine Property is in an ideal location within driving distance of what will be two mill facilities owned and operated by Osisko Development.
Golden Cariboo Resources appears to be significantly undervalued…for the time being.
Golden Cariboo Resources “checks all the boxes” for an attractive takeover target.
New Gold Discoveries!
- Drill hole QGQ23-01 was drilled to target beyond the untested greenstone-phyllite contact, defining the newly discovered gold bearing sericitic phyllite and carbonate altered siltstone encountered between 88.5m and 129.5m in drill core.
- The remaining 129.85m of this drill hole is currently being logged and sampled for assay and features repeating units of sericitic phyllite and siltstone.
- Historic maps from the Ministry of Mines and on loan from the local museum identify prospective bedrock exposures correlating to a 1.8km airborne geophysical signature which extends beyond the currently identified mineralized zones. This also correlates to the mapped contact and geology of the Main zone 800m to the southeast.
- Historical mining reports identify 5 untested zones of replacement mineralization adjacent and parallel to the Main zone.
- Additional gold mineralization was encountered in country rock during trenching at the newly discovered Halo zone 800m away with gold assays up to 5.08g/t. This zone is open in all directions and is permitted for drilling and will commence immediately.
A Leading Junior Exploration Company
Golden Cariboo Resources’ management is committed to building shareholder value by discovering and developing mineral deposits of interest.
Golden Cariboo Resources Ltd (CSE: GCC | OTC: GCCFF | WKN: A0RLEP) is a leading junior exploration company located in the historic Cariboo Mining District of central British Columbia, Canada.
The Company has been operating in the Cariboo since the discovery year of Osisko Development Corp’s (CSE: ODV | NYSE: ODV) Bonanza Ledge in 2000.
Golden Cariboo’s success is driven by an experienced management team who strategically acquire, responsibly explore and develop world class mineral properties. In addition to advancing their 299 hectare mineral assets within the heart of the Cariboo Gold Project along the Barkerville Gold Belt near Wells, BC, the Company’s primary focus is the exploration and development of their 3814 hectare Quesnelle Gold Quartz Mine Property located near Hixon, British Columbia.
