Golden Cariboo Resources Ltd. announced the introduction of an oriented core system on the active drill program at the Quesnelle Gold Quartz property. Drill core orientation preserves the original position of the rock retrieved during the drilling process, which allows for the collection of structural measurements of rock formations, veins and geologic structures as they were in-situ underground. It is expected that the oriented core data collected will be a key component in generating a geological and structural model for gold mineralization on the property.

The Company would also like to provide a drill production update for the Quesnelle Gold Quartz property. The Company has completed drilling holes QGQ24-09, QGQ24-10, QGQ24-11 and QGQ24-12 for a total of 1268.87 m (4162.3 ft) and drilling actively continues on hole QGQ24-13. Assay results are pending for all holes and the remaining 387.05 m (1269.9 ft) of hole QGQ24-08 (from 324.96 to 712.01 m, 1063.0 to 2336.0 ft).

Additionally, the Company has expanded the technical team with the addition of Sebastian Triebert, M.Sc. to the active program in Hixon, BC. Sebastian is a graduate from the Freiberg University of Mining and Technology and has experience working in both Germany and Finland exploring for battery and precious metals.