AMENDED Golden Cariboo Resources Intersects 0.56 g/t Gold over 99.84m (327.56 ft)

Executive Summary

• Golden Cariboo Resources Ltd. announced significant gold intercepts from its Quesnelle Gold Quartz Mine property in British Columbia, specifically highlighting hole QGQ25-23 which intersected 0.56 g/t gold over 99.84 meters.
• The release details results from three drill holes (QGQ24-21, QGQ25-23, and QGQ25-24), noting that QGQ25-22 yielded no significant results due to excessive deviation.
• Ongoing drilling is targeting the area north of the Halo zone, with hole QGQ25-28 currently in progress, aiming to vector into further mineralization near the greenstone and argillite inferred contact.

Key Details

• Hole QGQ25-23: Intersected 0.56 g/t gold over 99.84m (327.56 ft) from 182.20m depth.
  • Included interval: 40.56m at 1.00 g/t gold from 202.29m.
  • Included interval: 1.92m at 9.99 g/t gold from 202.29m.
• Hole QGQ24-21: Intersected 0.20 g/t gold over 110.68m (363.12 ft) from 199.70m depth.
• Hole QGQ25-24: Intersected 0.25 g/t gold over 38.85m (127.46 ft) from 134.65m depth.
• Hole QGQ25-22: Terminated early at 86.87m due to excessive deviation; no significant results obtained.
• Drill Termination Issues: Holes QGQ24-21 and QGQ25-23 were terminated early due to mechanical issues, though they intersected intermittent anomalous gold mineralization.
• Future Drilling: Hole QGQ25-28 is currently in progress, testing north of the Halo zone to vector into further mineralization proximal to the greenstone and argillite inferred contact.
• Assay Methodology: Samples analyzed by ALS Canada Ltd. using PhotonAssay™ technology for gold (on 400-500g subsamples) to account for coarse gold settings and nugget effects. Additional analysis performed via aqua regia digestion with ICP-AES for 36 elements.
• QA/QC: Samples include blanks, standards, and coarse reject duplicates constituting 5% of total samples. Core logging and sampling conducted by Company geologists.
• Technical Review: Information reviewed and approved by Jean Pautler, P.Geo., an independent Qualified Person under NI 43-101.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.