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September 9, 2025 – TheNewswire - Vancouver, BC, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE: GCC) (OTC: GCCFF) (WKN: A402CQ) (FSE: 3TZ) announces the discovery of the Km Uno zone, a mineralized structure parallel to the Company’s significant gold-silver bearing Halo zone discovery in 2024 at its Quesnelle Gold Quartz Mine property (the “Property”). In addition, the Company provides an update on exploration activities on the Property which is located 4 km (2.5 miles) from Hixon, British Columbia.
The KM Uno zone discovery is a significant parallel mineralized trend located approximately 2 km southeast of the 2024 Halo zone discovery, with the Sunset trend positioned 1.4 km to the west, effectively flanking the Halo zone in the middle. This configuration of parallel structures, KM Uno, Halo, and Sunset, aligns with historical soil anomalies, resistivity highs, and geochemical indicators, suggesting a cohesive, district-scale gold system (see map enclosure or visit the company’s website at www.goldencariboo.com). Notably, these trends correlate strongly with the argillite-greenstone lithological contact visible in the property's geological mapping, a key feature that controls mineralization and is suggestive of the geological controls seen in major gold-producing districts across the Abitibi Greenstone Belt from Val d'Or to Timmins, where such contacts have been pivotal in defining extensive, high-grade deposits.
The KM Uno zone, identified through targeted bedrock mapping and sampling, has yielded initial results of up to 1.1 g/t gold and 8.0 g/t silver from mineralized volcanic subcrop, correlating with strong gold-silver-arsenic soil anomalies and geophysical features visible on the property's 2024 gold MMI soil map. Similarly, the Sunset trend shows promising signs of mineralization, including potential extensions toward historical producers like the Hixon Creek Placer. With the Halo zone already demonstrating a 390-metre drilled strike length open for expansion, these parallel zones, enhanced by their association with the greenstone contact, underscore the property's potential for multiple interconnected gold-bearing structures.
Highlights of the parallel zones includes:
Km Uno Zone Discovery: 2 km (1.2 miles) southeast of the Halo zone , where initial samples from mineralized volcanic subcrop or angular float yielded 1.1 g/t gold with 8.0 g/t silver and 0.57 g/t gold with 3.3 g/t silver. These results align with airborne resistivity, ground conductivity anomalies, and a strong gold-silver-arsenic soil anomaly.
“The assay results from the Km Uno zone, a structure parallel to our 2024 Halo zone discovery, mark a major milestone for the Quesnelle Gold Quartz Mine property,” said Golden Cariboo President Frank Callaghan. “These findings confirm our geological model and highlight the potential for multiple mineralized zones across the Property. With the confirmed gold-silver discovery at Km Uno and the Halo zone’s 390 metre strike length open for expansion, we’re excited to continue exploring these promising gold systems
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The Spring drill program saw the completion of four surface diamond drill holes, QGQ25-21 to 24, totalling 638.59m (2,095 ft), targeting strong quartz-carbonate vein stockwork along the argillite to greenstone contact and testing the northwestern continuity of gold-silver mineralization at the Halo zone. ALS Canada is nearing completion of PhotonAssay™ for gold and multi-element analysis. Results are pending and will be released when finalized.
Additional work completed during the summer exploration season includes reclamation, equipment maintenance, safety assessments and continued compilation of data from the large claim package staked in September 2024.
Delays in assay results were encountered due to a “lost” shipment of drill core and surface exploration samples by the freight carrier. The shipment was successfully recovered after an extended search period of one month. Further delays have been encountered due to the switch-over to PhotonAssay™ analysis, a much more effective method in assaying coarse gold-bearing samples. Golden Cariboo appreciates the efforts made to resolve the matters and the Company has been assured steps have been taken to ensure continued quality service and consistent tracking of future shipments. ALS Canada is nearing completion of PhotonAssay™ for gold and multi-element analysis. Results are pending and will be released when finalized.
The technical information in this news release has been reviewed by Jean Pautler, an independent consultant commissioned by the Company. Jean Pautler is a Professional Geoscientist (P.Geo.) registered with the Association of Professional Engineers and Geoscientists of the Province of BC (“APEGBC”) and licensed by Engineers and Geoscientists BC, and is a “Qualified Person” with respect to NI 43-101.
About Golden Cariboo Resources Ltd.
Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property which is bordered by Osisko Development (NSE:ODV/TSXV:ODV), partly intertwined with them at the north end of the Cariboo Gold Project, and located along a favourable corridor adjacent to the Spanish and Eureka thrust faults over a 94,899 hectare (234,501 acre) area. Historically, over 101 placer gold creeks on the 90-kilometer (56 mile) trend, from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine property, have recorded production with successful placer mining continuing to this day.
Golden Cariboo’s Quesnelle Gold Quartz Mine property is 4 kilometers (2.5 miles) northeast of, and road accessible from, Hixon in central British Columbia. The Property includes the Quesnelle Quartz gold-silver deposit, which was discovered in 1865 and developed over a footprint of about 150m x 150m (< 6 acres) at the Main zone straddling Hixon Creek. Overall, the geological setting of the gold mineralization at the Company’s Quesnelle Gold Quartz Mine property 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 epizonal orogenic subclass of gold deposits which include some of the world’s largest deposits such as Muruntau, Uzbekistan and Bendigo, Australia.
For further information please contact:
GOLDEN CARIBOO RESOURCES LTD
“J. Frank Callaghan”
J. Frank Callaghan, President & CEO
Tel: 604-669-6463
VISIT OUR WEBSITE FOR MORE DETAILS
www.goldencariboo.com
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Neither the “CSE” Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements:
This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding; the expectation that the Company will receive all necessary exemptions and approvals to complete the Offering; the expectation that the Company will complete the Offering on the terms disclosed, or at all; the expectation that the proceeds will be used for property exploration and for general working capital; the Company’s exploration plans with respect to its Quesnelle Gold Quartz Mine property; and the anticipated participation of the insider in the Offering.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will receive all necessary exemptions and approvals to complete the Offering; that the Company will complete the Offering on the terms disclosed, or at all; that the proceeds will be used for property exploration and for general working capital; that the Company will have the resources required to proceed with its exploration plans; that the Company will not run into regulatory or other barriers in carrying out its business plans; that the insider will participate in the Offering, on the terms and conditions and in the amount currently expected by management; and that the Company will be able to rely on the exemption from the formal valuation and minority shareholder approval requirements on the basis anticipated.
Additionally, forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the Company will not receive the necessary exemptions and approvals to complete the Offering; that the Company will not complete the Offering on the terms disclosed, or at all; that the Company will be unable to use the proceeds for property exploration and for general working capital; that the Company may incur unanticipated costs; that the Company may not have the resources required to pursue its exploration plans; that the Company’s operations could be adversely affected by possible future government legislation policies and controls or by changes in applicable laws and regulations; that the insider may not participate in the Offering on the terms and conditions and in the amount currently expected by management, or at all; and that the Company may not be able to rely on the exemption from the formal valuation and minority shareholder approval requirements on the basis currently expected. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Neither the Company nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither the Company nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this news release by you or any of your representatives or for omissions from the information in this news release.
The forward-looking statements herein speak only as of the date they were originally made. The Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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