FULL DISCLOSURE: This is sponsored content for Golden Cariboo Resources.
Golden Cariboo Resources (CSE: GCC) has released the final assay results from hole QGQ23-04, which was conducted at its flagship Quesnelle Gold Quartz mine late last year.
Partial assays had previously been released on the hole In January, with the upper portion having intersected 4.65 g/t gold over 7.15 metres, along with 1.12 g/t gold over 18.7 metres. The entire interval is said to amount to 1.35 g/t gold over 41.0 metres, beginning at a depth of 88.5 metres.
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Full results have now been released following the lab returning data on the lower portion of the hole, which totals 129.85 metres.
Highlights from the latest results include:
- 2.77 g/t gold over 6.25 metres from 164.15 metres depth
- Including 3.85 g/t gold over 4.1 metres
- Including 12.0 g/t gold over 1.0 metre
- 2.96 g/t gold over 0.65 metres from 173.45 metres depth
READ: Golden Cariboo Sees Drill Program Get Underway At Quesnelle Gold Quartz Mine Project
Drilling is ongoing at the Quesnelle property, targeting the lateral and vertical extensions of previously overlooked replacement-style mineralization beyond old mine workings. The drilling is currently progressing towards the Halo Zone, 800 metres to the northeast of the Main Zone, where similar mineralization was identified in trenching conducted in 2022.
Golden Cariboo Resources last traded at $0.335 on the CSE.
FULL DISCLOSURE: Golden Cariboo Resources is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is long the equity of Golden Cariboo Resources. The author has been compensated to cover Golden Cariboo Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
