Golden Cariboo Commences 2026 Mineral Exploration at the Quesnelle Gold Quartz Mine Property

Executive Summary

• Golden Cariboo Resources has commenced field activities for its 2026 exploration program at the Quesnelle Gold Quartz Mine Property in British Columbia.
• The company will execute a 7,500 m surface diamond drilling campaign, beginning with drill hole QGQ25‑28 (354.19 m deep) and targeting priority zones identified from prior mapping and sampling work.
• Additional exploration this season includes >1 km of trenching, geochemical sampling, ground/airborne geophysics, and a planned transition from NQ to HQ core size to improve data quality.

Key Details

• Field mobilization: access road opened, winter snow cleared, water line and pump systems being readied for drilling.
• Current drill status: QGQ25‑28 is the northernmost hole in the Halo zone, collared ~200 m north of QGQ24‑20 (which previously returned 137.17 m @ 1.55 g/t Au & 16.05 g/t Ag; includes higher-grade intervals).
• Planned drilling: 7,500 m (≈24,600 ft) of surface diamond drilling targeting priority zones identified through geological mapping, sampling, and structural interpretation.
• Core upgrade: preparation to shift from NQ‑size to HQ‑size core for deeper, more technically demanding targets, expected to improve core recovery and geological detail.
• Ancillary work: >1 km of trenching, detailed mapping, prospecting, geochemical sampling, ground and airborne geophysical surveys, and ongoing refinement of geological models.
• Technical review: information reviewed and approved by Jean Pautler, P.Geo., a Qualified Person under NI 43‑101.

Notable Quotes

“Our team is energized as we begin the 2026 exploration season at the Quesnelle Gold Quartz Mine Property… The planned 7,500 metre drill program … represents our most comprehensive exploration efforts to date.” – Frank Callaghan, President & CEO

Materiality Assessment: Non‑Material – Positive (operational update with no immediate financial impact).