tiprankstipranks
Company Announcements

Golden Cariboo Resources Uncovers New Gold Targets with MMI Soil Sampling

Story Highlights
Golden Cariboo Resources Uncovers New Gold Targets with MMI Soil Sampling

An announcement from Golden Cariboo Resources ( (TSE:GCC) ) is now available.

Golden Cariboo Resources Ltd. has announced the results of its MMI soil sampling program, which identified a zone of anomalous gold values with a strike length of at least 1,650 meters, indicating potential expansion of gold targets. The survey revealed promising correlations with known mineralization in the Halo and North Hixon zones, suggesting significant implications for the company’s exploration strategy and potential resource development.

More about Golden Cariboo Resources

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 in British Columbia. This property, located near Hixon, encompasses historical gold-silver deposits and is strategically positioned within a region known for successful placer gold mining.

YTD Price Performance: -0.96%

Average Trading Volume: 33,806

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.22M

Find detailed analytics on GCC stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App