Golden Cariboo Identifies Mineralization 600m below Surface of the Halo Zone
Golden Cariboo reported completion of drill hole QGQ26-29 (collared at same pad as QGQ24-25) on April 19, 2026, reaching ~660m and intercepting multiple modeled zones plus a possible new mineralized horizon about 600m below the initial discovery trench. Core shows andesitic tuff with moderate sericite-silica alteration, quartz‑carbonate veinlets (3–5%, locally 10–12%) and ~2% disseminated/replacement pyrite. Assays from the top of the hole are pending and results from a nearby hole are expected within a week. The company is validating databases for a Mineral Resource Estimate that will include 29 recent NQ drill holes and up to nine historical holes. Market impact: the deeper mineralization and advancing MRE are bullish signals for Gold project valuation and speculative investor interest in gold exposure, though assay confirmation is required to materially affect gold prices.