Golden Cariboo Resources Discovers Parallel KM Uno Zone at Quesnelle Gold Property
TL;DR
Golden Cariboo's Km Uno discovery offers investors exposure to a potential district-scale gold system with parallel mineralized zones enhancing resource expansion opportunities.
The Km Uno zone was identified through bedrock mapping and sampling, correlating with soil anomalies and geophysical features along the argillite-greenstone lithological contact.
This gold discovery could boost local economic development in British Columbia through job creation and sustainable mining practices in the region.
Golden Cariboo found a new mineralized zone with up to 1.1 g/t gold, expanding their gold system near historical placer mining areas.
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Golden Cariboo Resources Ltd. has announced the discovery of the KM Uno zone, a mineralized structure parallel to the company's significant gold-silver bearing Halo zone discovery made in 2024 at its Quesnelle Gold Quartz Mine property near Hixon, British Columbia. The KM Uno zone represents a significant parallel mineralized trend located approximately 2 kilometers southeast of the Halo zone discovery, with the Sunset trend positioned 1.4 kilometers to the west, effectively flanking the Halo zone in what appears to be a cohesive, district-scale gold system.
Initial results from the KM Uno zone have yielded values 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. These parallel structures align with historical soil anomalies, resistivity highs, and geochemical indicators, suggesting a substantial mineralized system. The trends correlate strongly with the argillite-greenstone lithological contact visible in the property's geological mapping, a key feature that controls mineralization similar to geological controls seen in major gold-producing districts across the Abitibi Greenstone Belt.
The Halo zone has already demonstrated a 390-meter drilled strike length open for expansion, with key drill holes including discovery hole QGQ24-13 that intersected 1.77 g/t gold over 136.51 meters. Recent reanalysis using PhotonAssay™ technology verified and increased gold grades by 5.9% compared to fire assay methods. The company completed four surface diamond drill holes totaling 638.59 meters during its spring program, targeting strong quartz-carbonate vein stockwork along the argillite to greenstone contact.
Company President Frank Callaghan stated that these findings confirm the geological model and highlight the potential for multiple mineralized zones across the property. The technical information has been reviewed by independent consultant Jean Pautler, a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of British Columbia. Additional information about the discovery and property details can be found at https://www.goldencariboo.com.
The company experienced delays in assay results due to a lost shipment of drill core and surface exploration samples by the freight carrier, which was successfully recovered after an extended search period of one month. Further delays occurred due to the switch to PhotonAssay™ analysis, a more effective method for assaying coarse gold-bearing samples. ALS Canada is nearing completion of the PhotonAssay™ for gold and multi-element analysis, with results pending and expected to be released when finalized.
Curated from NewMediaWire
