Golden Cariboo Resources Reports Significant Gold Intercept at Quesnelle Property

Golden Cariboo Resources Ltd. announced drill results from its Quesnelle Gold Quartz Mine property in British Columbia, intersecting 0.56 grams per tonne of gold over 99.84 meters in drill hole QGQ25-23. This significant intercept includes a higher-grade section of 1.00 g/t gold over 40.56 meters, with a particularly rich 1.92-meter section grading 9.99 g/t gold. The company's ongoing drilling program is testing north of the Halo zone, targeting mineralization near the greenstone and argillite inferred contact.

The importance of these results lies in their potential to expand known mineralization in a historically productive gold region. The Cariboo Gold Rush area has recorded production from over 101 placer gold creeks along a 90-kilometer trend, with successful placer mining continuing today. Golden Cariboo's property is located along a favorable geological corridor adjacent to the Spanish and Eureka thrust faults, sharing similarities with the Spanish Mountain gold deposit 120 kilometers southeast. This geological setting belongs to the epizonal orogenic subclass that includes some of the world's largest gold deposits such as Muruntau in Uzbekistan and Bendigo in Australia.

Technical details reveal the company used PhotonAssay™ technology for gold analysis, which processes larger 400-500 gram samples compared to conventional 30-50 gram fire assays. This method provides more thorough assessment of gold distribution in coarse gold settings characteristic of the Halo zone, where nugget effects can impact conventional assay results. Samples were analyzed at ALS Canada Ltd.'s laboratory in North Vancouver, with facilities accredited to ISO 17025 standards and independent from the company.

While drill holes QGQ24-21 and QGQ25-23 to -24 intersected intermittent anomalous gold mineralization, they were terminated early due to mechanical issues. Drill hole QGQ25-22 was terminated early due to excessive deviation and showed no significant results. The company maintains rigorous quality control with QA/QC samples constituting 5% of total samples, including blanks, standards and coarse reject duplicates.

These results could impact investor confidence in junior mining companies exploring in established gold districts. The intersection of nearly 100 meters of gold mineralization suggests potential for economic deposits, though the company notes interval widths have insufficient data to reliably estimate true width at this stage. 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 company's exploration activities occur in a region bordered by Osisko Development and intertwined with them at the north end of the Cariboo Gold Project. The property covers 94,899 hectares and includes the Quesnelle Quartz gold-silver deposit discovered in 1865. For additional information about the company's activities, visit www.goldencariboo.com.