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An announcement from Golden Cariboo Resources ( (TSE:GCC) ) is now available.
Golden Cariboo Resources reported new drill results from the Halo zone at its Quesnelle Gold Quartz Mine property, highlighted by 0.42 grams per tonne (g/t) gold over 47.01 metres from surface within a broader interval of 0.26 g/t gold over 190.92 metres, and a deeper intercept of 0.76 g/t gold over 20.45 metres, with the hole ending in mineralization. The step-out drill hole extends the mineralized footprint along strike, and an additional step-out hole is being deepened after intersecting extensive quartz-carbonate veining, suggesting potential for further resource expansion as the company leverages year-round drilling capability and modern assay methods to refine its understanding of the Halo zone’s coarse gold distribution.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. is a Canadian mineral exploration company focused on gold, advancing its Quesnelle Gold Quartz Mine property near Hixon in central British Columbia. The project spans nearly 95,000 hectares along the historically prolific Cariboo Gold Corridor, is road accessible, and lies adjacent to major regional structures and Osisko Development’s Cariboo Gold Project, positioning the company within an established gold-producing trend.
Average Trading Volume: 240,616
Technical Sentiment Signal: Sell
Current Market Cap: C$4.39M
For an in-depth examination of GCC stock, go to TipRanks’ Overview page.