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Golden Cariboo Resources ( (TSE:GCC) ) just unveiled an update.
Golden Cariboo Resources Ltd. has granted 3.7 million stock options, exercisable at $0.10 per share for five years to December 31, 2030, to its directors, officers, employees and consultants. The option issuance aligns equity incentives with the company’s ongoing exploration strategy at its Quesnelle Gold Quartz Mine property in British Columbia’s prolific Cariboo district, potentially strengthening talent retention and stakeholder alignment as it advances work on a geologically significant project adjacent to major regional gold deposits.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. is a Canadian exploration company focused on rediscovering the historic Cariboo Gold Rush through targeted drilling and trenching at its Quesnelle Gold Quartz Mine property in central British Columbia. The 94,899-hectare property, accessible by road from Hixon, is bordered by Osisko Development’s Cariboo Gold Project and lies along a favourable structural corridor adjacent to the Spanish and Eureka thrust faults. Hosting the historic Quesnelle Quartz gold-silver deposit discovered in 1865, the project’s sediment-hosted vein mineralization shows strong geological similarities to the Spanish Mountain gold deposit and other large epizonal orogenic gold systems worldwide.
Average Trading Volume: 161,627
Technical Sentiment Signal: Sell
Current Market Cap: C$4.83M
See more insights into GCC stock on TipRanks’ Stock Analysis page.