09:57 AM EST - Golden Cariboo Resources Ltd. : Reported that the first drill hole of 2023 has been completed, and it has revealed multiple new semi massive zones of mineralization above the 200 Level of the Quesnelle Gold Quartz Mine, and a continued southeast extension of replacement mineralization below the 400 Level of the Mine. The semi massive sulphide and replacement zones are located at the Main Zone in variably altered metasediments and phyllite in close proximity to the greenstone-phyllite contact along the western margin of a 1.8km airborne magnetic anomaly. The largest semi massive sulphide intercept is about 8.3m wide (true width not known) with up to 60% pyrite (pictured below and on the Company website www.goldencariboo.com) hosted by sericitic-carbonate altered siltstone and phyllite. This zone includes a 0.4m mineralized quartz vein and is located in a previously untested area about 50-60m vertically below the surface and about 10-20m above the 200 Level. These semi massive sulphide zones correlate with a vertical extension of an historically mapped quartz vein (No.8 vein) and a near-vertical 75m long high-grade ore zone where a winze was installed and mined between the 200 and 400 Levels of the mine. Mineralization appears to be open at depth. Golden Cariboo Resources Ltd.
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