Golden Cariboo Resources Grants Options

Core Viewpoint - Golden Cariboo Resources Ltd. has granted 3,700,000 stock options to its directors, officers, employees, and consultants at an exercise price of $0.10, valid for five years until December 31, 2030 [1] Company Overview - Golden Cariboo Resources Ltd. is engaged in rediscovering the Cariboo Gold Rush through targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property, which spans 94,899 hectares (234,501 acres) [3] - The property is strategically located near Osisko Development and is situated along a favorable geological corridor adjacent to the Spanish and Eureka thrust faults [3] - Historically, over 101 placer gold creeks along a 90-kilometer (56-mile) trend have recorded gold production, with successful placer mining continuing to this day [3] Geological Insights - The Quesnelle Gold Quartz Mine property is located 4 kilometers (2.5 miles) northeast of Hixon, British Columbia, and includes the Quesnelle Quartz gold-silver deposit, discovered in 1865 [4] - The geological setting of the gold mineralization at the property shows strong similarities to the Spanish Mountain gold deposit, which is considered part of the epizonal orogenic subclass of gold deposits [4]