# Golden Cariboo Announces Inaugural NI 43-101 Mineral Resource Estimate for the Quesnelle Gold Quartz Mine Property, British Columbia

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8

Original source: https://webfiles-primary.thecse.com/news_releases/en/4233/1148916e-3a40-46d7-9845-d4f0399f7fda

Publisher: cse

Original announcement: 2026-10-01T21:42:05.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T22:02:27.624Z

Atlas analysis updated: 2026-10-01T22:02:27.624Z

- Company: Golden Cariboo Resources Ltd.

- Ticker: GCC

- Exchange: CSE

- Region: British Columbia

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update

- Extracted: 2026-10-01 22:02:28 UTC

Narrative sentiment: -0.10 · Bearish

## Minestarters Atlas summary

Golden Cariboo Resources Ltd. announced an inaugural NI 43-101 compliant Mineral Resource Estimate for its 100%-owned Quesnelle Gold Quartz Mine Property in British Columbia. The MRE outlines 10 million tonnes at 0.56 g/t AuEq for 178,000 ounces of indicated gold, and 71 million tonnes at 0.44 g/t AuEq for 1.0 million ounces of inferred gold. This initial estimate, constrained by an open pit shell, represents a significant milestone for the company, although a large portion is in the inferred category and no metallurgical testwork has been completed.

Reasoning: The company announced its first NI 43-101 compliant MRE, outlining a moderate gold resource \(1.178 Moz AuEq total\) at its Quesnelle Gold Quartz Mine Property. However, the average grades are below typical open-pit economic thresholds, and the resource has a high proportion of inferred material with no metallurgical testwork completed, leading to a neutral to slightly negative sentiment.

- Positive factor: Inaugural MRE

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Moderate Contained Metal Scale

- Positive factor: Open Pit Mining Method

- Positive factor: Good Infrastructure

- Positive factor: Potential for Resource Growth

- Negative factor: Low Average Grades for Open-Pit Gold

- Negative factor: Weak M&I Confidence \(High Proportion of Inferred Resources\)

- Negative factor: No Metallurgical Testwork Yet

- Negative factor: Sensitivity to Commodity Prices/Costs

- Negative factor: No Demonstrated Economic Viability

Low confidence — this extraction should be reviewed alongside the original source.

- Rubric flag: M&I \(Measured + Indicated\) confidence tiers — Indicated resources represent 12.3% of the total resource \(10 Mt Indicated out of 81 Mt total\), which is below the 'weak' threshold of 25% M&I, indicating low geological confidence.

- Rubric flag: Resource grade bands by commodity — The indicated gold grade of 0.547 g/t and inferred gold grade of 0.437 g/t are considered marginal for an open-pit gold deposit \(economic threshold ≥0.8 g/t\).

Facts used in scoring: 12

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The document explicitly states this is an 'inaugural independent Mineral Resource Estimate'.

Evidence · text

> This inaugural independent Mineral Resource Estimate

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The MRE was prepared 'in accordance with National Instrument 43-101'.

Evidence · text

> prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects \("NI 43-101"\)

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The MRE was prepared by 'Sue Bird, P.Eng., of Bird Resource Consulting Corp. \(“BRCC”\), an independent Qualified Person'.

Evidence · text

> prepared by Sue Bird, P.Eng., of Bird Resource Consulting Corp. \(“BRCC”\), an independent Qualified Person as defined by NI 43-101

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The document clearly states the 'Reporting cut-off grade\(s\): 0.15 g/t Gold Equivalent \(AuEq\)'.

Evidence · text

> Reporting cut-off grade\(s\): 0.15 g/t Gold Equivalent \(AuEq\)

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A significant portion of the resource is classified as Inferred \(71Mt at 0.44g/t for 1.0 Moz Au\).

Evidence · text

> 71Mt at 0.44g/t for 1.0 Moz Au Inferred

**No Metallurgical Testwork**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The 'Known Legal, Political, Environmental and Other Risks' section explicitly states 'No metallurgical testing has been carried out at the Property'.

Evidence · text

> Metallurgy. No metallurgical testing has been carried out at the Property.

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The document includes a detailed 'QA/QC' section describing the program, laboratories, and methods.

Evidence · text

> The Company's quality assurance and quality control \("QA/QC"\) program included the systematic insertion of certified reference materials, blanks and duplicate samples

## Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

## Resource Estimates (12)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-0)

Quesnelle Gold Quartz Mine Property · gold

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:6f95ac1c94551533e6d8
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9966000
- Grade: 0.547
- Grade Unit: g/t
- Contained Metal: 175000
- Contained Unit: oz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.556
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This is an inaugural indicated gold resource, providing a baseline for the project, but the grade is marginal for an open-pit operation and no metallurgical testwork has been completed.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Marginal Grade for Open-Pit Gold

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 0.547

Context: 9,966

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-1)

Quesnelle Gold Quartz Mine Property · silver

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:6f95ac1c94551533e6d8
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9966000
- Grade: 1.5
- Grade Unit: g/t
- Contained Metal: 494000
- Contained Unit: oz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.556
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This is an inaugural indicated silver resource, contributing to the overall AuEq, but the grade is low and no metallurgical testwork has been completed.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Low Grade for Silver

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 1.5

Context: 9,966

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-2)

Quesnelle Gold Quartz Mine Property · gold

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:fb8f6e1c9c0bc145c492
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 70851000
- Grade: 0.437
- Grade Unit: g/t
- Contained Metal: 995000
- Contained Unit: oz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.444
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This inaugural inferred gold resource contributes significantly to total contained metal but represents a lower confidence category with marginal grades for open-pit mining and no metallurgical testwork.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: High Proportion of Inferred Resources

- Negative factor: Marginal Grade for Open-Pit Gold

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 0.437

Context: 70,851

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-3)

Quesnelle Gold Quartz Mine Property · silver

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:fb8f6e1c9c0bc145c492
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 70851000
- Grade: 1.2
- Grade Unit: g/t
- Contained Metal: 2633000
- Contained Unit: oz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.444
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This inaugural inferred silver resource is a byproduct and contributes to the overall AuEq, but it is in a lower confidence category with low grades and no metallurgical testwork.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: High Proportion of Inferred Resources

- Negative factor: Low Grade for Silver

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 1.2

Context: 70,851

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-4)

Inaugural Mineral Resource Estimate for the Quesnelle · gold

#### Identity

- Project: Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity: gold
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:3a3f88fb19116bd91755
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9966000
- Grade: 175
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Metal Eq. Grade: 0.556
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 175

Context: 9,966

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-5)

Inaugural Mineral Resource Estimate for the Quesnelle · silver

#### Identity

- Project: Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity: silver
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:3a3f88fb19116bd91755
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9966000
- Grade: 494
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Metal Eq. Grade: 0.556
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 494

Context: 9,966

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-6)

Inaugural Mineral Resource Estimate for the Quesnelle · gold

#### Identity

- Project: Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity: gold
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:f28891b3d1805162f271
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 70851000
- Grade: 995
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Metal Eq. Grade: 0.444
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 995

Context: 70,851

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-7)

Inaugural Mineral Resource Estimate for the Quesnelle · silver

#### Identity

- Project: Inaugural Mineral Resource Estimate for the Quesnelle
- Commodity: silver
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:f28891b3d1805162f271
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 70851000
- Grade: 2633
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Metal Equivalent

- Metal Eq. Grade: 0.444
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 2,633

Context: 70,851

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-8)

Quesnelle Gold Quartz Mine Property · gold

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:17662caf842e8e91b44a
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 12118000
- Grade: 183
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.479
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This is an inaugural indicated gold resource, providing a baseline for the project, but the grade is marginal for an open-pit operation and no metallurgical testwork has been completed. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Marginal Grade for Open-Pit Gold

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 183

Context: 12,118

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-9)

Quesnelle Gold Quartz Mine Property · silver

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:17662caf842e8e91b44a
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 12118000
- Grade: 568
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.479
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This is an inaugural indicated gold resource, providing a baseline for the project, but the grade is marginal for an open-pit operation and no metallurgical testwork has been completed. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Marginal Grade for Open-Pit Gold

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 568

Context: 12,118

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-10)

Quesnelle Gold Quartz Mine Property · gold

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:7bfa13a2413b4c432448
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 84914000
- Grade: 1048
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.391
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This inaugural inferred gold resource contributes significantly to total contained metal but represents a lower confidence category with marginal grades for open-pit mining and no metallurgical testwork. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: High Proportion of Inferred Resources

- Negative factor: Marginal Grade for Open-Pit Gold

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 1,048

Context: 84,914

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/golden-cariboo-announces-inaugural-ni-43-101-mineral-resource-estimate-for-the-q--31b84f2f-c5b4-4dde-bd1a-c1185a3cc2a8#fact-resource-facts-11)

Quesnelle Gold Quartz Mine Property · silver

#### Identity

- Project: Quesnelle Gold Quartz Mine Property
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: GCC

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- QP Signed: Yes
- Qualified person names: Sue Bird
- Resource group id: resource:7bfa13a2413b4c432448
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 84914000
- Grade: 3022
- Grade Unit: 000
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Metal Eq. Grade: 0.391
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: This inaugural inferred gold resource contributes significantly to total contained metal but represents a lower confidence category with marginal grades for open-pit mining and no metallurgical testwork. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: High Proportion of Inferred Resources

- Negative factor: Marginal Grade for Open-Pit Gold

- Negative factor: No Metallurgical Testwork Yet

Evidence · table

> 3,022

Context: 84,914

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.