Golden Cariboo starts exploration at Quesnelle property

Executive Summary

• Golden Cariboo Resources Ltd. has commenced its 2026 mineral exploration program at the Quesnelle Gold Quartz (QGQ) Mine Property in British Columbia.
• The company is launching a 7,500-meter surface diamond drilling program targeting priority zones identified through recent geological and structural studies.
• The program includes a technical upgrade from NQ to HQ-sized core to improve core recovery and geological data quality, alongside over one kilometer of trenching and geophysical studies.

Key Details

• Location: Quesnelle Gold Quartz Mine Property, located ~4 km northeast of Hixon and 50 km southeast of Prince George, B.C.
• Drilling Program Scope: 7,500 meters (24,600 ft) of surface diamond drilling.
• Initial Drilling Target: Continuation of drilling within hole QGQ25-28, currently drilled to 354.19 meters (1,162 ft). This is the northernmost drill string within the Halo zone.
• Previous Significant Intercepts (Reference): Hole QGQ24-20, collared ~200 meters south of QGQ25-28, returned:
  • 137.17 meters (450.0 ft) of 1.55 g/t gold and 16.05 g/t silver.
  • Included interval: 4.29 meters (14.1 ft) of 16.43 g/t gold and 9.09 g/t silver.
  • Included interval: 2.0 meters (6.1 ft) of 6.53 g/t gold and 957.0 g/t silver.
  • Note: Gold assays performed by PhotonAssay.
• Technical Upgrade: Transitioning from NQ to HQ-sized core to enhance core recovery and provide detailed geological information from key structural and mineralized zones.
• Additional Activities:
  • Over 1 kilometer of trenching.
  • Geological mapping and prospecting.
  • Geochemical sampling.
  • Ground and airborne geophysical studies.
  • Refinement of geological models.
• Technical Review: Information reviewed and approved by Jean Pautler, PGeo, an independent consultant and qualified person under National Instrument 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, along with trenching and other geological studies, represents our most comprehensive exploration efforts to date." — Frank Callaghan, President and CEO.