Costco(US:COST) Thenewswire·2026-01-13 08:05Core Viewpoint - Golden Cariboo Resources Ltd. has commenced its 2026 exploration program at the Quesnelle Gold Quartz Mine Property, focusing on expanding previous exploration successes and enhancing drilling operations [1][2][4]. Exploration Program Details - The 2026 mineral exploration program aims to build on past technical successes, with field activities including opening access roads and preparing water lines for drilling [2]. - The initial drilling will focus on QGQ25-28, which has been drilled to a depth of 354.19 meters (1,162 feet) and is located in the Halo zone [2]. - Previous drilling at QGQ24-20 encountered significant gold grades, returning 137.17 meters (450.0 feet) of 1.55 g/t gold and 16.05 g/t silver, including high-grade intervals [2]. Drilling and Exploration Activities - The company plans a 7,500-meter (24,600 feet) surface diamond drilling program targeting priority zones identified through geological studies [3]. - The transition from NQ to HQ-sized core is anticipated to improve core recovery and geological insights [3]. - Additional exploration activities will include over 1 kilometer of trenching, mapping, prospecting, geochemical sampling, and geophysical studies [3]. Company Background - Golden Cariboo Resources Ltd. is focused on targeted drilling and trenching programs at its Quesnelle Gold Quartz Mine property, which is strategically located near Osisko Development [6]. - The property is part of a historically rich gold mining area, with over 101 placer gold creeks recorded along a 90-kilometer (56 miles) trend [7][8].