Golden Cariboo Resources Reports Continued Visible Gold Mineralization at Quesnelle Property
TL;DR
Golden Cariboo Resources Ltd. announces ninth consecutive visible gold drill hole at Quesnelle Gold Quartz property, enhancing investment potential.
Drill hole QGQ24-21 at 355° azimuth and -45° inclination targets veins and lithological contacts to explore gold mineralization in greenstones.
Golden Cariboo's discovery of visible gold at Halo zone suggests prosperous future, leading to economic growth and job creation in the mining sector.
Exciting discovery of visible gold in drill hole QGQ24-21 showcases nature's treasure hidden within the earth, sparking curiosity and wonder.
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Golden Cariboo Resources Ltd. has reported new visible gold mineralization in its ongoing drilling program at the Halo zone of the Quesnelle Gold Quartz property in British Columbia. The current drill hole, QGQ24-21, revealed multiple occurrences of visible gold within a stockwork of quartz-carbonate-pyrite veins hosted in altered greenstone formations. This discovery represents the ninth consecutive drill hole to intersect visible gold, building upon the company's initial Halo zone findings from July 2024 and highlighting the consistent pattern of mineralization throughout the exploration program.
The drill hole, positioned at a 355° azimuth and -45° inclination, was strategically designed to intersect multiple vein directions and lithological contacts. After penetrating 257 meters of carbonaceous argillites, the drilling encountered gold-bearing greenstones, continuing the success of previous exploration efforts. The mineralization discovered shares similarities with previous drill holes, particularly QGQ24-20, and is closely associated with shear zones at geological contact points. This consistency suggests a potentially extensive gold-bearing geological structure within the Halo zone, which could have significant implications for the property's overall resource potential.
Frank Callaghan, President and CEO of Golden Cariboo Resources, expressed enthusiasm about the discovery, emphasizing the promising start to the 2025 drilling season. The current drill hole remains in progress, with drilling continuing beyond 285.3 meters without yet reaching the lower boundary of the mineralized zone. This ongoing exploration success at the Quesnelle Gold Quartz property near historical placer gold mining regions in central British Columbia further underscores the potential for significant gold resources. Geological experts, including qualified person Jean Pautler, have reviewed the technical information, lending credibility to the significance of the ongoing exploration efforts and the property's geological significance.
Curated from NewMediaWire
