GCC - Golden Cariboo Option Grant
(TheNewswire)
April 5 2024 – TheNewswire - Vancouver, Canada – Golden Cariboo Resources Ltd. (the“ Company ”) (CSE- GCC/OTC-GCCFF/WKN-A0RLEP) announces the granting of 245,000 incentivestock options pursuant to its stock option plan to consultants of theCompany. Each option is exercisable to purchase one common share ofthe Company at a price of $0.23 per share for a term of 5 years. Options, and the shares issuable upon exercise, are subject to afour month hold period from the date of grant.
AboutGolden Cariboo Resources Ltd.
Golden Cariboo Resources Ltd. is rediscovering theCariboo Gold Rush by proceeding with high-grade targeted drilling andtrenching programs on its Quesnelle Gold Quartz Mine Project which isalmost fully encircled on 3 of 4 sides by Osisko Development(NSE-ODV/TSXV-ODV). Historically, over 101 placer gold creeks on the90 km trend from the Cariboo Hudson mine north to the Quesnelle GoldQuartz mine have recorded production and successful placer miningcontinues to this day.
Golden Cariboo’s Quesnelle Gold Quartz Mine property is 4 kmnortheast of, and road accessible from, Hixon in central BritishColumbia. The property includes the Quesnelle Quartz gold-silverdeposit, which was discovered in 1865 in conjunction with placermining activities. Hixon Creek, which dissects the Quesnelle GoldQuartz Mine property, is a placer creek which has seen small-scaleplacer production since the mid 1860's.
GOLDEN CARIBOO RESOURCES LTD.
“J. Frank Callaghan”
J. Frank Callaghan, President &CEO
Neither the “CSE” Canadian Securities Exchange norits Regulation Service Provider (as that term is defined in thepolicies of the Canadian Securities Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
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