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Golden Cariboo Resources ( (TSE:GCC) ) has provided an update.
Golden Cariboo Resources Ltd. has announced the discovery of the KM Uno zone, a new mineralized structure parallel to its previous Halo zone discovery at the Quesnelle Gold Quartz Mine property. This discovery, along with the Sunset trend, suggests a cohesive, district-scale gold system, enhancing the property’s potential for interconnected gold-bearing structures. Initial results from the KM Uno zone show promising gold and silver grades, aligning with geological features similar to those in major gold-producing districts. The company continues its exploration efforts with recent drilling and analysis, aiming to expand the known mineralization zones and further validate its geological model.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. is a company operating in the mining industry, focusing on the exploration and development of gold and silver resources. The company is engaged in projects primarily located in British Columbia, Canada, with a market focus on expanding its mineralized zones and enhancing its gold-silver production capabilities.
Average Trading Volume: 160,003
Technical Sentiment Signal: Sell
Current Market Cap: C$3.51M
See more data about GCC stock on TipRanks’ Stock Analysis page.