Golden Cariboo Resources Ltd. has filed an independent National Instrument 43-101 Technical Report on SEDAR+ for its Quesnelle Gold Quartz Mine Property near Hixon, British Columbia. The report, dated October 31, 2026, supports the company's previously announced inaugural Mineral Resource Estimate for the Halo-North Hixon zones, collectively known as the Halo deposit, located about 50 km southeast of Prince George. The filing marks a critical milestone for the company, as it provides independent validation of a mineralized system that could hold substantial value for investors and stakeholders.
The Technical Report was prepared by independent Qualified Persons Jean Pautler, P.Geo., of JP Exploration Services Inc., and Sue Bird, P.Eng., of Bird Resource Consulting Corp., both of whom have provided written consents to the filing. The report is available under the company's profile on SEDAR+ at www.sedarplus.ca and on the company's website at www.goldencariboo.com. The significance of this announcement lies in the speed at which the company has advanced from discovery to resource stage. Company President and CEO J. Frank Callaghan noted that few discoveries reach this stage so quickly, with just 24 drill holes. He emphasized that the Halo and North Hixon Zones have now been independently validated as a substantial mineralized system with considerable room for growth.
The NI 43-101 report provides a strong foundation for Golden Cariboo as it continues to explore multiple trends and work toward expanding and upgrading the resource. The Halo deposit was recently recognized by the BC Geological Survey as a significant mineral occurrence, further adding to the project's credibility. The technical information in the news release was reviewed and approved by Sue Bird, a Professional Engineer registered with the Association of Professional Engineers and Geoscientists of the Province of BC and a Qualified Person under NI 43-101.
The Quesnelle Gold Quartz Mine Property is strategically located in one of British Columbia's most historic gold districts. Encompassing 96,183 hectares along a prolific 90 km gold trend that has yielded gold from more than 101 placer creeks, the property borders and partially interweaves with Osisko Gold Group Inc.'s Cariboo Gold Project and lies along the highly prospective Spanish and Eureka thrust fault corridor. Just 4 kilometres northeast of Hixon, the 789-hectare permitted portion hosts the historic Quesnelle Quartz gold-silver deposit, originally discovered in 1865 during the Cariboo Gold Rush. While early mining focused on a small 150m x 150m footprint at the Main zone, Golden Cariboo's ongoing drilling and trenching programs are demonstrating the potential for a much larger mineralized system extending well beyond the historic workings. The filing of the Technical Report not only validates the inaugural resource but also positions the company to attract further investment and advance exploration efforts in a region with a rich mining history. For more details, the original release can be viewed at www.newmediawire.com.
