Golden Cariboo Resources announces its drill crew has been mobilized to a diamond drill on site at one of 54 permitted drill pads at the Company's Quesnelle Gold Quartz Mine property near Hixon, British Columbia. Drilling is expected to commence immediately. The Company anticipates drilling to depths of approximately 350 meters this season, building off the successes of last year's program and will now target a greenstone [...]
Golden Cariboo Resources announces its exploration team has begun setting up its exploration camp at the Company's Quesnelle Gold Quartz Mine property near Hixon. With a diamond drill onsite, the Company is currently preparing for a robust drilling and exploration program for the 2024 exploration season. Company president and CEO, J. Frank Callaghan expressed enthusiasm, stating "We're eager to begin Golden Cariboo's 2024 [...]
Golden Cariboo Resources announces that, further to its news release of March 12, 2024, the final tranche of the non-brokered private placement was issued. The summary of the two tranche private placement follows. The private placement was fully subscribed with total gross proceeds of $2,000,000. A total of 20,000,000 Units at a price of $0.10 per Unit, were issued. Each Unit consisted of one common share and one-half [...]
Golden Cariboo Resources announces that, further to its news release of January 22, 2024, the company will be applying to close tranche two of the non-brokered private placement in the amount of $709,000. After the CSE review period has elapsed a total of 7,090,000 Units at a price of $0.10 per Unit, will be issued. Each Unit will consist of one common share and one-half share purchase warrant; each full warrant is [...]
Golden Cariboo Resources announces that, further to its news release of January 22, 2024, the company will be applying to close tranche one of the non-brokered private placement in the amount of $1,316,000 After the CSE review period has elapsed a total of 13,160,000 Units at a price of $0.10 per Unit, will be issued. Each Unit will consist of one common share and one-half share purchase warrant; each full warrant is [...]
Golden Cariboo Resources announces that, further to its news release of January 22, 2024, the non-brokered private placement of units of the Company requires shareholder approval as the number of Units issuable in the Offering will constitute more than 100% of the Company's total shares outstanding. The Company is relying on the exemption in Canadian Securities Exchange Policy 4.6 whereby the CSE's requirement for [...]
Golden Cariboo Resources announces it has completed the shares for debt transaction announced on Jan 22. The debt settlement was with two non-arm's length creditors and one arm's length creditor. The Company has issued to the Creditors an aggregate of 4,232,503 units of the Company at a price of $0.10 per Unit in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $423,250 . Each [...]
Golden Cariboo Resources announces its Notice of Work application to expand mineral exploration activities at the Company's 100% owned Quesnelle Gold Quartz Mine Project near Hixon, a has been approved. The Company's mineral exploration permit has been authorized for an additional five years. The exploration team will first target the newly discovered replacement mineralization and high-grade gold bearing veins between [...]
Golden Cariboo Resources announces that, further to its news release of January 19, it will effect the consolidation of its common shares on the basis of one new Share for every three old Shares on or about Wednesday, Feb 7, resulting in the Company having approximately 14,511,337 Shares issued and outstanding on a post-Consolidation basis. The Shares of the Company will begin trading on a consolidated basis at the [...]
Golden Cariboo Resources announces on a post consolidation basis a non-brokered private placement of up to 20,000,000 units, at a price of $0.10 per unit, for gross proceeds of $2,000,000. Each unit will consist of one common share and one-half share purchase warrant; each full warrant is exercisable for a period of 5 years from the closing at exercise prices as follows: $0.12 in year one, $0.14 in year two, $0.16 in year [...]
Golden Cariboo Resources announces that subject to the approval of the CSE, it will be proceeding with the consolidation of all of its issued and outstanding common shares on the basis of one new Share for every three old Shares held resulting in the Company having approximately 14,511,337 Shares issued and outstanding on a post consolidated basis. The record date, expected post-consolidation trading date and new CUSIP [...]
Golden Cariboo Resources is pleased to announce that its team continues to identify and expand gold mineralization at the Main Zone of its Quesnelle Gold Quartz Mine Property which hosts alteration and mineralization styles visually similar to that of Barkerville Gold Mines' Cariboo Gold Project near Hixon. Assay results have been received for QGQ22-03 and approximately half of QGQ23-01, both of which targeted the [...]
