Providing stock analysis for investors of the Canadian junior markets
Golden Cariboo Resources (CSE: GCC) is looking to raise funds after rejigging its management team last week. The company, now helmed by Frank Callaghan whom is credited with the discovery of Bonanza Ledge and later turned the discovery into a mine under Barkerville Gold Mines, is looking to raise funds to fund exploration.
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The first drill hole has been completed by Golden Cariboo (TSXV: GCC) under a 5,000 metre drill program being conducted at its Quesnelle Gold Quartz Property in British Columbia.
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Golden Cariboo Resources (TSXV: GCC) has received a gift of sorts from Osisko Development, whom it was recently discovered previously conducted airborne mag and EM surveys over the the Quesnelle Gold Quartz Mine property.
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A new discovery has been made by Golden Cariboo Resources (TSXV: GCC) as a result of a trenching and regional mapping program conducted last fall. The new discovery is found 800 metres to the north-northwest of the Main Zone at the firms Quesnelle Gold Quartz Mine property.
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Drilling is set to begin at the Quesnelle Gold Quartz Mine property, operated by Golden Cariboo Resources (TSXV: GCC). The firm this morning indicated that drilling crews have arrived on site to begin the company’s 2023 exploration program.
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Golden Cariboo Resources (TSXV: GCC) has received partial assay results from a three hole phase one drill program that it has conducted at its Quesnelle Gold Quartz Mine in central British Columbia. Partial results were released this morning for two of the three holes drilled.
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