Golden Cariboo Resources Announces Anomalous Gold Values at Quesnelle Gold Quartz Mine Property

Mining & Resources News

Golden Cariboo Resources Announces Anomalous Gold Values at Quesnelle Gold Quartz Mine Property
GOLD MININGEXPLORATIONQUEENSELLE GOLD QUARTZ MINE
  • 📰 mining
  • ⏱ Reading Time:
  • 45 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 53%

Golden Cariboo Resources Ltd. reports the results of its reconnaissance MMI soil sampling program on its Quesnelle Gold Quartz Mine property in British Columbia. The program revealed a zone of anomalous gold values trending over 1,650 meters, correlating with known mineralization in the Halo and North Hixon zones.

Vancouver, Canada – Golden Cariboo Resources Ltd. wishes to announce that the assay results from its reconnaissance MMI soil sampling program have been received from SGS Canada . The fifteen line kilometre program was completed in autumn 2024 and included 606 soil samples over twenty eight 50 metre and 100 metre spaced lines with 25 metre sample spacing.

The technical information in this news release has been reviewed by David Mark P.Geo., a qualified person with respect to NI 43-101.Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property which is almost fully encircled on 3 of 4 sides by Osisko Development .

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will receive all necessary exemptions and approvals to complete the Offering; that the Company will complete the Offering on the terms disclosed, or at all; that the proceeds will be used for property exploration and for general working capital; that the Company will have the resources required to proceed with its exploration plans; that the Company will not run...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mining /  🏆 449. in US

GOLD MINING EXPLORATION QUEENSELLE GOLD QUARTZ MINE CANADA CARIBOO GOLD RUSH

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White Gold Corp. Reports Significant Increase in Mineral Resources at White Gold ProjectWhite Gold Corp. announces a technical report outlining a substantial increase in mineral resources at its flagship White Gold Project in Yukon, Canada. The report, prepared by Dr. Gilles Arseneau, P.Geo., reveals a total of 1,203,000 ounces of gold in the indicated category and 1,116,600 ounces in the inferred category.
Read more »

JV Video: Osisko advances feasibility, financing for Cariboo gold project in BCJV Video: Osisko advances feasibility, financing for Cariboo gold project in BCNo 1 source of global mining news and opinion
Read more »

Gold Stocks: A Potential Outperformance Opportunity in 2024Gold Stocks: A Potential Outperformance Opportunity in 2024This article discusses the potential for gold and gold stocks to outperform in 2024 amidst market uncertainty. It analyzes the performance of GLD and GDX, highlighting the underperformance of gold stocks compared to gold. The article suggests that a 'catch up' trade could be in play, with gold stocks closing the gap with stronger gold prices. It also identifies Kinross Gold Corp. (KGC) as a top performer within the gold space.
Read more »

Nexa Resources Completes Sale of Chapi Copper Mine to Quilla ResourcesNexa Resources S.A. has finalized the sale of its Chapi copper mine to Quilla Resources Peru S.A.C. Quilla plans to restart the mine and conduct exploration.
Read more »

Nioko Resources to Take Over Hummingbird Resources in £13.8 Million DealNioko Resources to Take Over Hummingbird Resources in £13.8 Million DealNioko Resources' takeover of Hummingbird Resources is nearing completion. Nioko, which currently owns 41.81% of Hummingbird's shares, announced an all-cash offer to acquire the struggling miner. The offer will be open for at least 21 days after publication, with payments to accepting shareholders processed within 14 days of acceptance. Following the takeover, Nioko plans to delist Hummingbird from AIM and re-register it as a private limited company. Hummingbird has faced challenges due to operational difficulties at its Yanfolila gold mine in Mali and production delays.
Read more »

Mandalay Resources Sets Three-Pronged Strategy for Gold ExpansionMandalay Resources Sets Three-Pronged Strategy for Gold ExpansionMandalay Resources outlines its plan to become a mid-tier gold producer, focusing on organic growth, mergers and acquisitions, and leveraging existing mine revenue.
Read more »



Render Time: 2025-02-12 15:13:40