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 (MRE) for the Halo-North Hixon zones, collectively known as the Halo deposit. This filing is important because it provides independent validation of a substantial mineralized system, a key step for any exploration company seeking to advance a project toward development.
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 Halo deposit is located about 50 km southeast of Prince George, in central British Columbia.
Company President and CEO J. Frank Callaghan emphasized the speed of the achievement: “Few discoveries reach the resource stage this quickly, with just 24 drill holes. What began as the Halo discovery and recently recognized by the BC Geological Survey as a significant mineral occurrence, 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 provides a strong foundation as we continue to explore the multiple trends and work towards expanding and upgrading the resource.”
The implications of this announcement are significant for Golden Cariboo. The independent validation of the MRE confirms the existence of a sizable gold system and de-risks the project to a degree, which could enhance the company's credibility with investors and potential partners. The property encompasses 96,183 hectares along a 90 km gold trend that has historically yielded gold from more than 101 placer creeks. It 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. The permitted 789-hectare portion hosts the historic Quesnelle Quartz gold-silver deposit, originally discovered in 1865 during the Cariboo Gold Rush.
With the technical report now filed, Golden Cariboo can proceed with exploration plans aimed at expanding and upgrading the resource. The company's ongoing drilling and trenching programs are demonstrating potential for a much larger mineralized system extending beyond the historic workings. The filing also fulfills regulatory requirements, ensuring transparency and allowing investors to review the complete technical data. As the company continues to explore multiple trends, the NI 43-101 report serves as a foundation for future growth and may attract further interest in this historic gold district. The original release can be viewed on www.newmediawire.com.
