FULL DISCLOSURE: This is sponsored content for Golden Cariboo Resources.
Golden Cariboo Resources (CSE: GCC) has provided updated assay results for a previously released drill hole following infill sampling that was conducted in late 2023. The results come from the North Hixon zone at the firms Quesnelle Gold Quartz Mine property in British Columbia.
The expanded results come from hole QGQ22-01, where recently completed data compilation has reportedly expanded zones of mineralization from what was originally reported for the hole in April 2023. Highlights from the results include:
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- QGQ22-01: 0.87 g/t gold over 32.0 metres,
- including 4.04 g/t gold over 4.15 metres,
- including 29.2 g/t gold over 0.5 metres,
- and including 0.80 g/t gold over 7.8 metres.
READ: Golden Cariboo Intersects 2.77 g/t Gold Over 6.25 Metres In Latest Results
The hole is said to remain open at depth, with additional drilling at the North Hixon zone slated to target the western and vertical extensions of multiple gold intercepts.
Drilling remains ongoing at the property at both the Main and North Hixon zones, with seven holes completed to date, of which three have assays pending. Hole QGQ24-08, which is currently in progress, is a 50 metre step out from hole QGQ22-01. 1,564 metres of drilling has been completed to date under the currently ongoing program.
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.
