Golden Cariboo Resources Intersects 0.90 g/t Gold over 88.4m (290.0 ft), Including 6.09 g/t Gold over 6.2m (20.2 ft) within a Broader Near Surface Interval of 0.53 g/t Gold over 213.1m (699.0 ft)

Executive Summary

• Golden Cariboo Resources Ltd. announced significant gold intercepts from drill hole QGQ26-29 at its Quesnelle Gold Quartz Mine property in British Columbia.
• The hole intersected a broad near-surface interval of 213.06m at 0.53 g/t Au, including higher-grade segments of 88.39m at 0.90 g/t Au and 6.17m at 6.09 g/t Au.
• This marks the final drill hole for the company's upcoming maiden resource, demonstrating the continuity and near-surface nature of the Halo zone, which is favorable for potential open-pit extraction.

Key Details

• Primary Intercept: 213.06m @ 0.53 g/t Au (from near surface)
• Higher-Grade Intervals:
• 88.39m @ 0.90 g/t Au (from 21.61m)
• 30.19m @ 1.77 g/t Au (from 21.61m)
• 6.17m @ 6.09 g/t Au (from 37.00m)
• Additional Intercepts:
• 6.35m @ 0.97 g/t Au (from 567.00m)
• 2.79m @ 1.11 g/t Au (from 660.20m)
• Hole Specifications: QGQ26-29, Easting 531398, Northing 5922721, Elevation 809m, Total Depth 662.99m, Azimuth 170°, Inclination -72°. Drilling terminated early due to technical difficulties but intersected a new mineralized zone at the end of the hole.
• QA/QC Protocols: 5% of samples consist of blanks, standards, and coarse reject duplicates. NQ core was logged, split, and analyzed at MSALABS in Prince George. Analysis utilized aqua regia digest with ICP-AES for 35 elements and PhotonAssay™ (250-500g samples) for Au/Ag to better capture coarse gold distribution and mitigate nugget effects.
• Grade Capping: Gold grades have been capped at 10 g/t.
• Qualified Person: Technical information reviewed and approved by Jean Pautler, P.Geo., independent consultant and NI 43-101 Qualified Person.
• Project Context: The Halo zone features flat topography with mineralization consistently starting at the surface, making it amenable to potential open-pit mining. Located ~5km NE of Hixon, BC, with a 30-minute drive from Highway 97 in an established mining jurisdiction.

Notable Quotes

• Frank Callaghan, President & CEO: “Drill hole QGQ26-29 represents a significant intercept from near surface with a new mineralized zone at depth, and illustrates the continuity of mineralization. This is the final drill hole that will be included in the upcoming maiden resource. We have been consistently hitting mineralization in our drill holes, allowing us to quickly progress this project to the resource stage. The topography of the Halo zone is flat and the mineralization consistently starts from surface, making it amenable for potential open pit extraction. The Halo zone is located approximately 5 kilometers northeast from the community of Hixon and is only a 30 minute drive on logging roads from Highway 97 in an established mining jurisdiction. This combination of excellent infrastructure, proven jurisdiction, and favorable geology makes this a very rare opportunity.”