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$1.5 Million Financing Boosts Golden Cariboo’s Exploration Efforts

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$1.5 Million Financing Boosts Golden Cariboo’s Exploration Efforts

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Golden Cariboo Resources ( (TSE:GCC) ) has issued an announcement.

Golden Cariboo Resources Ltd. has announced a non-brokered private placement offering to raise up to $1,500,000, with the proceeds intended to fund its 2025 fall-winter drilling campaign. This campaign aims to significantly extend the strike length of the Halo/Main zones and explore additional promising zones, enhancing the company’s exploration potential and positioning within the gold mining industry.

More about Golden Cariboo Resources

Golden Cariboo Resources Ltd. is engaged in rediscovering the Cariboo Gold Rush through targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property. The company operates in the mining industry, focusing on gold exploration, and is strategically positioned alongside Osisko Development at the north end of the Cariboo Gold Project.

Average Trading Volume: 166,228

Technical Sentiment Signal: Sell

Current Market Cap: C$5.27M

Learn more about GCC stock on TipRanks’ Stock Analysis page.

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