お知らせ • May 29
Golden Cariboo Resources Ltd. Confirms Geological Model with Intercept of Gold-Mineralization in Recent Step-Out Drilling
Golden Cariboo Resources Ltd. announced that the most recent drill hole QGQ25-24 on the Halo zone at the Quesnelle Gold Quartz Mine property (the "Property"), 4 km (2.5 miles) from Hixon, BC, has intersected strong quartz-carbonate veining, including visible gold ("VG") measuring 1.0 x 0.5 mm. QGQ25-24 marks a 175 m (574 ft) step-out from previous drilling, confirming the Company's geological model of a strongly mineralized zone associated with the lithological contact between argillite and greenstones. The footprint of all mineralization drilled at the Halo zone currently measures up to approximately 470 m by 290 m by 320 m (1,540 ft by 950 ft by 1,050 ft) and remains open along strike and towards depth, including approximately 620 m (2,030 ft) of untested north-northwest strike towards the Pioneer limited past producer and 750m (2460 ft) of untested south-southeast strike towards the Main zone target at the past producing Quesnelle Quartz Mine. With its current step-out drill program, the Company is focusing on the strike expansion of the Halo zone mineralization. Overall, the geological setting of the gold mineralization at the Company's Quesnelle G old Quartz Project shows strong similarities with the Spanish Mountain gold deposit, situated 120 km (75 miles) towards the southeast along the same geological trend. As a sediment-hosted vein (SHV) deposit, the Spanish Mountain deposit is considered to belong to the same subclass of orogenic gold deposits as some of the world's largest deposits, including, e.g. Muruntau, Uzbekistan (>80 Moz) and Bendigo, Australia (>20 Moz) (Klipfel 2005). Golden Cariboo's President and CEO, Frank Callaghan, stated, " Each new drill hole in step-out program continues to validate the strength and accuracy of the company's geological model. The consistency of mineralization the company is seeing, particularly along the contact between argillite and Greenstones, is highly encouraging. What makes this even more exciting is the near-surface nature of the mineralization and the property's close proximity to infrastructure. These advantages position well for future development and underscore the exceptional opportunity the company has at the QuesnelleGold Quartz Mine property". The latest drill hole, QGQ25-24, was drilled as a 175 m (574 ft") step-out towards the north of previous drilling and was set up at an azimuth of 016deg and inclination of -45deg to target a strong soil geochemical (MMI) gold anomaly related to the inferred surface expression of the contact between upper argillite and greenstones". It was collared in the upper argillite unit and intersected the lithological contact into the upper greenstone domain at a depth of 140.43 m (460.7 ft). Similar to all previous drill holes that intersected this contact, a strong stockwork of quartz-carbonate veins, including visible gold, is developed in association with brittle shear zones on both sides of the lithological contact.QGQ25-24 was terminated within the mineralized zone at a depth of 173.50 m (569.2 ft), due to technical issues. Quartz-carbonate stockwork hosting visible gold (1.0 x 0.5mm) in intensely sericite-iron- carbonate-fuchsite altered andesite tuff (upper greenstone domain). Drill hole QGQ25- 24-24 at 152.95 m (501.8 ft). Additionally, forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance and achievements of the Company to be material different from any future plans, activities, results, results, performance or implied by such forward-looking statements. Such risks include, without limitation: that the Company will not complete the Company will not complete the Offering on the Offering on the terms disclosed, without limitation: the Company will be unable to use the proceeds for property exploration and at all; that the proceeds for property exploration and for property exploration and for general working capital; that the Company will be able to use the proceeds for property Exploration and for property.