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An announcement from Golden Cariboo Resources ( (TSE:GCC) ) is now available.
Golden Cariboo Resources Ltd. announced significant assay results from drill hole QGQ24-12 at the Halo zone, revealing a gold mineralization intercept of 1.02 g/t over 37.00 meters within a broader zone of 0.74 g/t over 61.49 meters. These findings underscore the potential of the Halo zone, with mineralization extending over a large area and remaining open for further exploration. The results validate the company’s exploration strategy and indicate a trend of increasing gold grades towards the northwest, which could enhance Golden Cariboo’s positioning in the gold mining sector.
More about Golden Cariboo Resources
Golden Cariboo Resources Ltd. operates in the mining industry, focusing on gold exploration and development. The company is engaged in the exploration of gold mineralization zones, particularly at the Quesnelle Gold Quartz Mine property near Hixon, BC.
Average Trading Volume: 132,927
Technical Sentiment Signal: Sell
Current Market Cap: C$5.81M
See more data about GCC stock on TipRanks’ Stock Analysis page.