Golden Cariboo Resources is pleased to announce the appointment of Mr. J. Frank Callaghan to the Company's Board of Directors and as the Company's President and Chief Executive Officer, effective immediately. With a wealth of experience in the mining industry, Mr. Callaghan brings a strong leadership background and a proven mine making track record to the Company. Mr. Callaghan's progressive career in the BC and Yukon [...]
Golden Cariboo Resources is pleased to announce that the Company has received final approval from the Canadian Securities Exchange to list its common shares on the CSE. In connection therewith, the Company has prepared a listing statement dated November 30, 2023, available on SEDAR under the Company's issuer profile. Additionally, the Company has applied to voluntarily delist the Common Shares from the TSX Venture [...]
Golden Cariboo Resources Ltd. Based on current market conditions, the Company has decided not to proceed with the Private Placement announced on June 12, 2023. About Golden Cariboo Resources Ltd. Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with high-grade targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine project which is almost fully encircled on 3 of 4 sides [...]
The Company has received a 30 day extension to close the private placement announced June 12, 2023 in order to raise additional funds. Proceeds will be used for property exploration and for general working capital. Golden Cariboo Resources is rediscovering the Cariboo Gold Rush by proceeding with high-grade targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine project which is almost fully encircled [...]
Golden Cariboo Resources Ltd. is pleased to report that the infill sampling from two of three surface drill holes from 2022 has been completed, and 253 drill core samples including 13 QA/QC samples have been shipped to ALS Minerals in North Vancouver. Drill hole QGQ22-01, which targeted mineralization at the North Hixon zone, had 205 infill samples over a total of 200.15m to further define several gold intercepts [...]
Golden Cariboo Resources Ltd. is pleased to report that the first drill hole of 2023 has been completed, and it has revealed multiple new semi massive zones of mineralization above the 200 Level of the Quesnelle Gold Quartz Mine, and a continued southeast extension of replacement mineralization below the 400 Level of the Mine. The semi massive sulphide and replacement zones are located at the Main Zone in variably altered [...]
Golden Cariboo Resources Ltd. is pleased to announce the Company has arranged a non-brokered private placement of up to 10,000,000 units, at a price of $0.075 per unit, for gross proceeds of $750,000. Each unit will consist of one common share and one share purchase warrant; each warrant is exercisable for a period of 5 years from the closing at a price of $0.15 per share. The private placement is subject to TSX Venture [...]
Golden Cariboo Resources Ltd. is pleased to report that significant correlations have been made during an initial study of limited surface mapping and trenching results along with data acquired from Osisko Development's 2016-2017 airborne mag and EM survey which includes over 1000ha of the Quesnelle Gold Quartz Mine Property . Geotronics Consulting Inc., who visited the Property in 2017 to conduct an IP survey, reviewed [...]
Golden Cariboo Resources Ltd. is pleased to announce it has applied to amend its existing permit to significantly expand exploration activities at the Company's Quesnelle Gold Quartz Mine property near Hixon, central British Columbia. The Company has applied to amend their existing exploration permit for an additional five years to further define the known zones, including the Quesnel Quartz deposit, as well as areas to [...]
Golden Cariboo Resources Ltd. is pleased to announce a new discovery at the Company's Quesnelle Gold Quartz Mine property near Hixon, central British Columbia from its trenching and regional mapping program in the autumn of 2022. Three trenches and 9 test pits were excavated targeting: the extension of the North Hixon zone, which returned 9.85 g/t Au from local float in 2019; the favourable greenstone/phyllite contact [...]
Golden Cariboo Resources Ltd. is pleased to announce drilling crews have arrived onsite at the Company's Quesnelle Gold Quartz Mine property near Hixon, central British Columbia, to commence the 2023 exploration campaign. The Company has a diamond drill onsite to start its 5,000 meter drilling program as outlined by Jean Pautler P.Geo NI 43-101 report . The drilling campaign will expand on Golden Cariboo's successful [...]
Golden Cariboo Resources Ltd. announces the receipt of partial assay results from two diamond drill holes from the three-hole, phase-one drill program at its Quesnelle Gold Quartz Mine Property, located approximately 4 km northeast of Hixon. Drill highlights include: Drill Hole QGQ22-02 22.3 m of 0.69 g/t gold Including - 2.1m of 5.73 g/t gold Replacement mineralization visually similar to Osisko Development Corp's [...]