Golden Cariboo Resources Ltd. announced that its team continues to identify and expand gold mineralization at the Main Zone of its Quesnelle Gold Quartz Mine Property which hosts alteration and mineralization styles visually similar to that of Barkerville Gold Mines' Cariboo Gold Project near Hixon, British Columbia. Assay results have been received for QGQ22-03 and approximately half of QGQ23-01, both of which targeted the extension to replacement style mineralization intersected in QGQ22-02 which returned 0.69 g/t gold over 22.3m. QGQ22-03 stepped back about 40m to the northwest of QGQ22-02 to target the northern and downward projection of the Koch vein system and replacement mineralization. QGQ23-01 was drilled from the same pad as QGQ 22-02 to target the up-dip extension of the same zone. The holes intersected replacement style mineralization in an untested area between the Koch and Main shaft workings of the historical Quesnelle Quartz Mine. QGQ23-01 intersected a quartz vein, possibly the Koch Vein, at a stoped area or drift of the Koch
workings recovering only 0.15m of the 3.1m intercept, which ran 23.3 g/t gold. The replacement mineralization, which lies below this, increased in size and tenor up-dip and to the south of the QGQ22-02 intercept, returning 4.65 g/t Au over 7.15m and 1.12 g/t Au over 18.7m with an intervening interval of only elevated gold of 0.08 g/t Au over 15.05m. The remaining 129.85m of the hole has yet to be split and assayed and includes additional zones of semi massive sulphide replacement mineralization. The mineralized zone diverged to the north, returning two separate intervals of 2.61 g/t Au over 1.85m and 0.97 g/t Au over 1.55m in QGQ22-03 with a lower interval of 0.98 g/t Au over 2.55m. The replacement mineralization is primarily hosted in sulphide bearing fine grained metamorphosed clastic sedimentary rocks, which are variably sericite altered and lie proximal to the greenstone-phyllite contact. The Halo Zone, discovered by trenching in 2022, exposed similar style mineralization proximal to the greenstone-phyllite contact approximately 800m northwest of the Main Zone.