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New Discovery with Visible Gold Found at Halo Zone 830m from Quesnelle Gold Quartz Mine by Golden Cariboo Resources

kent-jackson by kent-jackson
July 18, 2024
in News
0
New Discovery with Visible Gold Found at Halo Zone 830m from Quesnelle Gold Quartz Mine by Golden Cariboo Resources
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Mr. Frank Callaghan reports:

July 18, 2024 – TheNewswire – Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE: GCC) (OTC: GCCFF) (WKN: A402CQ) (FSE: 3TZ) announced the ongoing drilling activities at the Halo zone. Initial drilling results from drill holes QGQ24-13 through QGQ24-15 have revealed various instances of visible gold within quartz-carbonate +/- pyrite veins, with sizes ranging from 0.5 to 3.0mm. The first sighting of visible gold was at 32.00m (104.99 feet) in QGQ24-13. This discovery is significant as it marks the first time visible gold has been observed at the Halo zone, showcasing promising opportunities for this project.

Golden Cariboo’s President and CEO expressed excitement over the discoveries, stating, “The presence of multiple visible gold intersections in the three drill holes at the Halo zone constitutes a new discovery on the property and a considerable step forward for this project. This adds to our previous successes where The Company has intersected gold mineralization in all holes to date, including multiple broad intercepts.”

The technical information in this news release has been reviewed by Dr. Sarah Palmer, P.Geo., a qualified person with respect to NI 43-101.

Insight into the Project

Golden Cariboo Resources Ltd. is actively exploring the Quesnelle Gold Quartz Mine property, strategically located near Osisko Development’s operations. With a rich history of placer gold creeks and ongoing placer mining activities in the region, the Company’s focus on targeted drilling and trenching is aimed at harnessing the potential of this historic mining area.

The Quesnelle Gold Quartz Mine property boasts a significant legacy, with the Quesnelle Quartz gold-silver deposit discovered in 1865. Placer mining activities in Hixon Creek have been prevalent since the 1860s, highlighting the continuity of gold exploration and production in the region.

Future Outlook

Golden Cariboo Resources Ltd. continues its exploration efforts in central British Columbia, leveraging historical data and modern exploration techniques to unlock the untapped mineral potential of the area. With ongoing drilling activities and promising results from the Halo zone, the Company is well-positioned to make further discoveries and advance its mining projects.

Conclusion

As Golden Cariboo Resources Ltd. makes strides in its exploration endeavors, the recent findings at the Halo zone signify a key milestone in the Company’s journey towards unlocking the mineral wealth of the Cariboo Gold Rush region. With a strong focus on exploration and a commitment to sustainable mining practices, Golden Cariboo Resources Ltd. remains poised for success in the vibrant mining landscape of British Columbia.

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Mr. Frank Callaghan reports:

July 18, 2024 – TheNewswire – Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE: GCC) (OTC: GCCFF) (WKN: A402CQ) (FSE: 3TZ) announced the ongoing drilling activities at the Halo zone. Initial drilling results from drill holes QGQ24-13 through QGQ24-15 have revealed various instances of visible gold within quartz-carbonate +/- pyrite veins, with sizes ranging from 0.5 to 3.0mm. The first sighting of visible gold was at 32.00m (104.99 feet) in QGQ24-13. This discovery is significant as it marks the first time visible gold has been observed at the Halo zone, showcasing promising opportunities for this project.

Golden Cariboo’s President and CEO expressed excitement over the discoveries, stating, “The presence of multiple visible gold intersections in the three drill holes at the Halo zone constitutes a new discovery on the property and a considerable step forward for this project. This adds to our previous successes where The Company has intersected gold mineralization in all holes to date, including multiple broad intercepts.”

The technical information in this news release has been reviewed by Dr. Sarah Palmer, P.Geo., a qualified person with respect to NI 43-101.

Insight into the Project

Golden Cariboo Resources Ltd. is actively exploring the Quesnelle Gold Quartz Mine property, strategically located near Osisko Development’s operations. With a rich history of placer gold creeks and ongoing placer mining activities in the region, the Company’s focus on targeted drilling and trenching is aimed at harnessing the potential of this historic mining area.

The Quesnelle Gold Quartz Mine property boasts a significant legacy, with the Quesnelle Quartz gold-silver deposit discovered in 1865. Placer mining activities in Hixon Creek have been prevalent since the 1860s, highlighting the continuity of gold exploration and production in the region.

Future Outlook

Golden Cariboo Resources Ltd. continues its exploration efforts in central British Columbia, leveraging historical data and modern exploration techniques to unlock the untapped mineral potential of the area. With ongoing drilling activities and promising results from the Halo zone, the Company is well-positioned to make further discoveries and advance its mining projects.

Conclusion

As Golden Cariboo Resources Ltd. makes strides in its exploration endeavors, the recent findings at the Halo zone signify a key milestone in the Company’s journey towards unlocking the mineral wealth of the Cariboo Gold Rush region. With a strong focus on exploration and a commitment to sustainable mining practices, Golden Cariboo Resources Ltd. remains poised for success in the vibrant mining landscape of British Columbia.

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