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FAQ: Golden Cariboo Resources' Recent Gold Drilling Results and Exploration Update
TL;DR
Golden Cariboo Resources Ltd. intersected 0.56 g/t gold over 99.84m, potentially increasing its resource valuation and competitive position in the Cariboo Gold Project.
The company used NQ core drilling with PhotonAssay technology on 400-500g subsamples, following ISO 17025 standards and QA/QC protocols for accurate gold analysis.
This exploration advances responsible resource development in British Columbia, potentially creating local economic opportunities while rediscovering historical gold rush heritage.
The drill core revealed a 1.92m section with 9.99 g/t gold, showcasing the nugget effect characteristic of the Halo zone's coarse gold.
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The company intersected 0.56 g/t gold over 99.84 meters (327.56 ft) in drill hole QGQ25-23, including higher-grade zones of 1.00 g/t over 40.56 meters and 9.99 g/t over 1.92 meters. Other holes showed intermittent anomalous mineralization but were terminated early due to mechanical issues.
This intercept represents a substantial width of continuous gold mineralization, indicating potential for bulk-tonnage mining. The inclusion of higher-grade zones (up to 9.99 g/t) within this interval suggests the presence of richer mineralization pockets.
Drill holes QGQ24-21 and QGQ25-23 to -24 intersected intermittent anomalous gold mineralization but were terminated early due to mechanical issues while drilling. QGQ25-22 was terminated early due to excessive deviation and yielded no significant results.
The drilling is occurring at the Halo zone, with ongoing drilling testing north of this area. The company is targeting proximity to the greenstone and argillite inferred contact to vector into further mineralization to the north.
QA/QC samples including blanks, standards and coarse reject duplicates constituted 5% of total samples. Core was logged and sampled by company geologists, then split and sent to ALS Canada Ltd.'s independent laboratory for analysis using PhotonAssay™ technology.
PhotonAssay™ analyzes gold using a larger sample size (400-500g) compared to traditional fire assay (30-50g), providing more thorough assessment of gold distribution in coarse gold settings like the Halo zone where nugget effects can impact conventional assay results.
Gold grades have been capped at 10 g/t (grams per tonne) to prevent exceptionally high values from skewing average grade calculations, which is a common practice in mineral resource estimation when dealing with variable mineralization.
Ongoing drilling in the Fall is testing north of the Halo zone, with drill hole QGQ25-28 currently in progress. The company continues to target the greenstone and argillite contact area to identify further mineralization.
All drilling used NQ core with holes ranging from 86.87 to 310.38 meters in depth, drilled at various azimuths and dips. Specific coordinates, elevations, and orientations are detailed in Table 2 of the announcement.
The company notes that interval widths reported have insufficient data to reliably estimate true width at this point. However, samples were processed through an independent, ISO 17025-accredited laboratory using advanced analytical techniques suitable for this type of mineralization.
Curated from NewMediaWire
