Golden Cariboo Resources Ltd. has initiated field activities for its 2026 exploration program at the Quesnelle Gold Quartz Mine Property northeast of Hixon, British Columbia. The program builds on technical successes from previous seasons, with crews currently opening access roads and preparing water systems to support drilling operations. The company will conduct a 7,500-meter surface diamond drilling program targeting priority zones identified through geological mapping, sampling, and structural interpretation studies. Initial drilling will continue within QGQ25-28, currently drilled to 354.19 meters depth and representing the northernmost drill string within the Halo zone. This follows significant results from QGQ24-20, which returned 137.17 meters of 1.55 g/t gold and 16.05 g/t silver, including higher-grade intervals reported in an August 12, 2025 news release available at https://www.newmediawire.com.
In anticipation of deeper targets, Golden Cariboo is preparing to transition from NQ to HQ-sized core drilling, which is expected to improve core recovery and provide enhanced geological information from key structural and mineralized zones. Additional exploration activities will include over 1 kilometer of trenching, mapping, prospecting, geochemical sampling, and ground and airborne geophysical studies. The property is located along a favorable geological corridor adjacent to the Spanish and Eureka thrust faults, with historical gold production dating back to 1865. For additional company information, visit https://www.goldencariboo.com.
Frank Callaghan, President and CEO of Golden Cariboo Resources Ltd., stated that the team is energized as they begin the 2026 exploration season at the Quesnelle Gold Quartz Mine Property. With road access now opened and drilling set to advance north of the Halo zone from QGQ25-28, the company is well positioned for continued success. The planned 7,500 metre drill program, along with trenching and other geological studies, represents their most comprehensive exploration efforts to date. The technical information has been reviewed and approved by independent consultant Jean Pautler, a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of British Columbia.
The initiation of this exploration program matters because it represents a significant step in advancing a historically productive gold mining region with modern exploration techniques. The transition to HQ-sized core drilling indicates targeting of deeper mineralization, potentially extending known mineralized zones and increasing resource confidence. The program builds directly upon previous high-grade intercepts like the 137-meter zone reported in 2025, suggesting systematic follow-up on promising results. The comprehensive approach combining drilling, trenching, and geophysical studies increases the likelihood of new discoveries while better defining existing targets.
This exploration activity has implications for regional economic development in British Columbia's mining sector and contributes to understanding of gold mineralization along important geological structures. The property's location along the Spanish and Eureka thrust faults in a region with gold production dating to 1865 suggests potential for significant mineral endowment. Successful results could advance the project toward resource definition and eventual development, adding to Canada's gold supply. The technical oversight by an independent qualified professional ensures methodological rigor and data reliability for stakeholders and investors.
