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Couloir Capital Is Pleased to Announce It Has Initiated Research Coverage on Golden Cariboo Resources

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Couloir Capital has initiated research coverage on Golden Cariboo Resources (CSE: GCC), following a site visit by Senior Mining Analyst Ron Wortel. The report, titled "Restarting the Gold Rush in the Cariboo - Again," highlights the historical significance and current potential of the Cariboo region in central British Columbia for gold mining.

The report emphasizes that the Cariboo is an under-explored area with a rich gold mining history dating back to 1858. Recent work has outlined over 6.7 million ounces of Measured and Indicated resources in three deposits, with expectations of further discoveries. The region's gold source rock extends north-south along accreted terrains, with mining towns formed where streams crosscut these trends.

The report also mentions ongoing projects in the area, including Osisko Development's new mine advancement, Spanish Mountain Gold's PFS stage project, and Theia Gold's exploration efforts. Investors can access the full report through Couloir Capital's research portal.

Couloir Capital ha avviato la copertura della ricerca su Golden Cariboo Resources (CSE: GCC), dopo una visita sul campo condotta dall'analista minerario senior Ron Wortel. Il rapporto, intitolato "Ripristinare la Corsa all'Oro nel Cariboo - Ancora," mette in evidenza il significato storico e il potenziale attuale della regione del Cariboo, situata nel centro della Columbia Britannica, per l'estrazione dell'oro.

Il rapporto sottolinea che il Cariboo è un'area poco esplorata con una ricca storia mineraria risalente al 1858. Lavori recenti hanno delineato oltre 6,7 milioni di once di risorse misurate e indicate in tre depositi, con aspettative di ulteriori scoperte. La roccia sorgente dell'oro nella regione si estende da nord a sud lungo terreni accresciuti, con città minerarie formatesi dove i corsi d'acqua si incrociano con queste tendenze.

Il rapporto menziona anche progetti in corso nella zona, compreso l'avanzamento del nuovo progetto minerario di Osisko Development, il progetto fase PFS di Spanish Mountain Gold e gli sforzi di esplorazione di Theia Gold. Gli investitori possono accedere al rapporto completo tramite il portale di ricerca di Couloir Capital.

Couloir Capital ha iniciado la cobertura de investigación sobre Golden Cariboo Resources (CSE: GCC), tras una visita al sitio realizada por el analista senior de minería Ron Wortel. El informe, titulado "Reiniciando la Fiebre del Oro en el Cariboo - De Nuevo," destaca la importancia histórica y el potencial actual de la región de Cariboo en el centro de Columbia Británica para la minería de oro.

El informe enfatiza que Cariboo es un área poco explorada con una rica historia minera que se remonta a 1858. Trabajos recientes han delineado más de 6.7 millones de onzas de recursos medidos e indicados en tres depósitos, con expectativas de más descubrimientos. La roca fuente de oro de la región se extiende de norte a sur a lo largo de terrenos agregados, con pueblos mineros formados donde los arroyos cruzan estas tendencias.

El informe también menciona proyectos en curso en la zona, incluyendo el avance del nuevo mina de Osisko Development, el proyecto de fase PFS de Spanish Mountain Gold y los esfuerzos de exploración de Theia Gold. Los inversores pueden acceder al informe completo a través del portal de investigación de Couloir Capital.

Couloir Capital은 Golden Cariboo Resources (CSE: GCC)에 대한 리서치 커버리지를 시작했습니다. 이는 수석 광산 분석가 로니 워텔의 현장 방문에 따른 것입니다. 이 보고서는 "캐리부의 금광 재개 - 다시 시작하기"라는 제목으로, 브리티시컬럼비아 중부의 캐리부 지역이 금광업에서 역사적 중요성과 현재의 가능성을 강조합니다.

보고서는 캐리부가 1858년으로 거슬러 올라가는 풍부한 금광 역사에도 불구하고 상대적으로 탐사되지 않은 지역임을 강조합니다. 최근 작업을 통해 세 개의 매장지에서 670만 온스 이상의 측정 및 표시 리소스가 발견되었으며, 추가 발견에 대한 기대감이 높습니다. 이 지역의 금광 원석은 매장된 지형을 따라 남북으로 이어지며, 물줄기가 이러한 경향을 가로지르는 곳에 채굴 마을이 형성되었습니다.

보고서는 또한 이 지역에서 진행 중인 프로젝트로는 오식스코 개발의 새로운 광산 개발, 스페인 마운틴 골드의 PFS 단계 프로젝트, 그리고 데이아 골드의 탐사 노력을 언급합니다. 투자자는 Couloir Capital의 연구 포털을 통해 전체 보고서를 액세스할 수 있습니다.

Couloir Capital a lancé une couverture de recherche sur Golden Cariboo Resources (CSE: GCC), suite à une visite sur site effectuée par l'analyste minier senior Ron Wortel. Le rapport, intitulé "Redémarrer la Ruée vers l'Or dans le Cariboo - Encore une fois," met en lumière l'importance historique et le potentiel actuel de la région du Cariboo, située au centre de la Colombie-Britannique, pour l'extraction de l'or.

Le rapport souligne que le Cariboo est une zone peu explorée avec une riche histoire minière remontant à 1858. Des travaux récents ont mis en évidence plus de 6,7 millions d'onces de ressources mesurées et indiquées dans trois dépôts, avec des attentes de découvertes supplémentaires. La roche source d'or de la région s'étend du nord au sud le long de terrains accrétionnés, avec des villes minières formées là où les ruisseaux coupent ces tendances.

Le rapport mentionne également des projets en cours dans la région, y compris l'avancement du nouveau projet minier d'Osisko Development, le projet de phase PFS de Spanish Mountain Gold et les efforts d'exploration de Theia Gold. Les investisseurs peuvent accéder au rapport complet via le portail de recherche de Couloir Capital.

Couloir Capital hat die Forschungsabdeckung über Golden Cariboo Resources (CSE: GCC) eingeleitet, nachdem ein Standortbesuch von Senior Mining Analyst Ron Wortel stattgefunden hat. Der Bericht mit dem Titel "Das Goldfieber im Cariboo neu beleben - wieder einmal" hebt die historische Bedeutung und das aktuelle Potenzial der Cariboo-Region im zentralen British Columbia für den Goldbergbau hervor.

Der Bericht betont, dass der Cariboo ein wenig erforschtes Gebiet mit einer reichen Goldbergbaugeschichte ist, die bis ins Jahr 1858 zurückreicht. Jüngste Arbeiten haben mehr als 6,7 Millionen Unzen an gemessenen und angezeigten Ressourcen in drei Lagerstätten skizziert, mit Erwartungen an weitere Entdeckungen. Der Goldquellgestein der Region erstreckt sich von Nord nach Süd entlang akkretierten Terrains, wobei Bergbaustädte dort entstanden sind, wo Bäche diese Trends durchkreuzen.

Der Bericht erwähnt auch laufende Projekte in der Region, darunter die Entwicklung der neuen Mine von Osisko Development, das PFS-Phase-Projekt von Spanish Mountain Gold und die Erkundungsanstrengungen von Theia Gold. Investoren können auf den vollständigen Bericht über das Forschungsportal von Couloir Capital zugreifen.

Positive
  • Recent work has outlined over 6.7 million ounces of Measured and Indicated gold resources in three deposits
  • The Cariboo region is considered under-explored with potential for further significant gold discoveries
  • Ongoing mining projects in the area indicate renewed interest and potential for the Cariboo gold camp
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Couloir Capital is pleased to announce it has initiated research coverage Golden Cariboo Resources Ltd. (CSE: GCC) ("GCC," or "Company"). Following a recent site visit, Couloir Capital's Senior Mining Analyst, Ron Wortel, MBA, P.Eng., Q.P. crafted a report titled "Restarting the Gold Rush in the Cariboo - Again"

Report excerpt: "The Cariboo is still an under-explored region in central British Columbia that had a significant impact on the development of Canada. The gold rush that started on the Fraser River was followed upstream to the creeks and hills of Wells, BC, to find the hard rock source of the rich placers. The current work shows that the gold source rock now extends north-south in trends along the length of several accreted terrains, and the current mining towns are formed where streams crosscut these trends to produce placers. The recent work in the camp already outlined over 6.7 M+I million ounces in three deposits, and we, along with others, believe this is just a start for this camp.

Gold was discovered on the Fraser River in 1858, attracting seekers from around the world. Prospectors followed the gold upstream to a new area of rich gold-bearing placers in the creeks of the Cariboo Region. In 1861, a group of prospectors led by William "Dutch Bill" Dietz found gold in a stream named Williams Creek in his honour, as shown in Figure 1.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7358/225205_b9f823a0b468a852_001.jpg

Figure 1: Williams Creek During the 1860s Gold Rush

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7358/225205_b9f823a0b468a852_001full.jpg

Source: BC Archives

During the gold rush, approximately US$50 million in gold was recovered from the placers of the Cariboo. The town of Barkerville is named after Bill Barker, a prospector with an idea to find more gold by u/g mining. His group dug down to the gravels in the valley to the west of the main surface placers. There they found the single richest "pay" of the camp. This buried placer yielded US$600,000 in gold, at US$18.93/oz in 1862, or around 31,700 ounces. This fame led to the naming of the new town. This amount of gold would now be worth C$107.6 million. Omenica Mining and Metals is following Dutch Bill's example on Lightning Creek west of Barkerville as outlined below.

The Cariboo camp is now the site of a new mine under advancement by Osisko Development, an advanced PFS stage project held by Spanish Mountain Gold near Likely, and ongoing exploration in the southern part of the Cariboo by Theia Gold to find the next major deposits in the region.

This renewed interest in the Cariboo may be the result of one group's search for a new gold project to advance in BC…"

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal. Investors are encouraged to sign up for a subscription to receive research reports and other valuable information.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm with a team of experienced investment professionals dedicated to providing opportunities in the natural resource exploration and development sectors. Our research reports are disseminated through Bloomberg, FactSet, Capital IQ, LSEG, and many other portals, as well as through our social media and large email distribution list. To subscribe, please visit: https://www.couloircapital.com/research-portal

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

DISCLAIMER:

  1. Analyst Disclosure: Couloir Capital holds shares or options in the Company. The analyst does not hold shares or options in the Company.

  2. The company has retained Couloir Capital under a service agreement that includes analyst research coverage.

  3. Investors are encouraged to read the complete list of disclosures contained in the report.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225205

FAQ

What is the historical significance of the Cariboo region for gold mining?

The Cariboo region in British Columbia was the site of a significant gold rush starting in 1858, which played a important role in Canada's development. During the 1860s gold rush, approximately US$50 million in gold was recovered from the placers of the Cariboo.

How much gold has been identified in recent work in the Cariboo region?

Recent work in the Cariboo camp has outlined over 6.7 million ounces of Measured and Indicated gold resources in three deposits, with expectations of further discoveries in the region.

What are some current mining projects in the Cariboo region mentioned in the report on Golden Cariboo Resources (GCCFF)?

The report mentions several ongoing projects in the Cariboo region, including a new mine under advancement by Osisko Development, an advanced PFS stage project held by Spanish Mountain Gold near Likely, and ongoing exploration in the southern part of the Cariboo by Theia Gold.

Where can investors access the full research report on Golden Cariboo Resources (GCCFF)?

Investors can access the full research report on Golden Cariboo Resources through Couloir Capital's research portal at https://www.couloircapital.com/research-portal. Subscription sign-up is encouraged for access to research reports and other valuable information.

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