# 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--c8731223-b895-4cc1-9ac6-c1cc323ca82f

Original source: https://orestocks.com/company/GCC.CN/press-releases/5776661702647553

Publisher: orestocks

Original announcement: 2026-09-30T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-30T13:49:14.970Z

Atlas analysis updated: 2026-09-30T13:49:14.970Z

- Company: Golden Cariboo Resources Ltd.

- Ticker: GCC.CN

- Exchange: Unavailable

- Region: British Columbia

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update

- Extracted: 2026-09-30 13:49:15 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

Golden Cariboo Resources Ltd. announced an inaugural NI 43-101 compliant Mineral Resource Estimate for its 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 equivalent, and 71 million tonnes at 0.44 g/t AuEq for 1.0 million ounces of Inferred gold equivalent. The estimate, prepared by an independent Qualified Person, establishes a significant maiden resource for the project, which remains open in all directions, but is predominantly in the Inferred category and lacks metallurgical testwork.

Reasoning: The company announced its first NI 43-101 compliant MRE, outlining a moderate contained gold equivalent resource of over 1.1 million ounces, which is a significant milestone. However, the estimate is largely Inferred, the grades are at the lower end for open-pit orogenic gold, and lacks metallurgical data, which are key de-risking factors for project advancement.

- Positive factor: Inaugural MRE

- Positive factor: Contained Metal Growth

- Positive factor: NI 43-101 Compliant

- Positive factor: QP/CP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Inferred Resource

- Negative factor: No Metallurgical Testwork

- Negative factor: Low M&amp;I Percentage

- Negative factor: Grade Decline

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" for the property.

Evidence · text

> This inaugural mineral resource estimate is a tremendous achievement for Golden Cariboo and validates the strength of the Halo discovery

**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 is stated to be 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., an independent Qualified Person as defined by NI 43-101.

Evidence · text

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

**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, which is a speculative category.

Evidence · text

> A material portion of the estimate is Inferred. Inferred mineral resources are too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.

**No Metallurgical Testwork**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document explicitly states that no metallurgical testing has been carried out at the Property.

Evidence · text

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

**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 reporting cut-off grade of 0.15 g/t Gold Equivalent \(AuEq\) is clearly stated.

Evidence · text

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

## 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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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: 175
- Contained Unit: koz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This is an inaugural Indicated resource for gold, providing a baseline for the project, but the grade is at the lower end for open-pit orogenic gold and no metallurgical testwork has been completed.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Low M&amp;I Percentage

- Negative factor: No Metallurgical Testwork

- Negative factor: Grade Decline

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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: 494
- Contained Unit: koz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This is an inaugural Indicated resource for silver, contributing to the overall project value, but no metallurgical testwork has been completed.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Low M&amp;I Percentage

- Negative factor: No Metallurgical Testwork

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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: 995
- Contained Unit: koz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This is a significant inaugural Inferred resource for gold, but its speculative nature and the absence of metallurgical testwork reduce confidence.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Inferred Resource

- Negative factor: No Metallurgical Testwork

- Negative factor: Grade Decline

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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: 2633
- Contained Unit: koz
- Cutoff Grade: 0.15
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-09-26

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS Canada Ltd. and MSALABS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-30T00:00:00.000Z

Reasoning: This is an inaugural Inferred resource for silver, contributing to the overall project value, but its speculative nature and the absence of metallurgical testwork reduce confidence.

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Inferred Resource

- Negative factor: No Metallurgical Testwork

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:b8444502791c9b671d62
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9966
- Grade: 175
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:b8444502791c9b671d62
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 9966
- Grade: 494
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:a329f2cec80c5d6ab80d
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 70851
- Grade: 995
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### Resource scope

- Estimate type: resource
- Effective date: 2026-09-26T00:00:00.000Z
- Reporting standards: ni\_43\_101, sec\_sk1300
- Resource group id: resource:a329f2cec80c5d6ab80d
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 70851
- Grade: 2633
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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:b6008ed65608b608a429
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 12118
- Grade: 183
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

Reasoning: This is an inaugural Indicated resource for gold equivalent, providing a baseline for the project, but the grade is at the lower end for open-pit orogenic gold 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 Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Low M&amp;I Percentage

- Negative factor: No Metallurgical Testwork

- Negative factor: Grade Decline

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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:b6008ed65608b608a429
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 12118
- Grade: 568
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

Reasoning: This is an inaugural Indicated resource for gold equivalent, providing a baseline for the project, but the grade is at the lower end for open-pit orogenic gold 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 Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Low M&amp;I Percentage

- Negative factor: No Metallurgical Testwork

- Negative factor: Grade Decline

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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:23742d8d6a4b8b6e3a79
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 84914
- Grade: 1048
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

Reasoning: This is a significant inaugural Inferred resource for gold equivalent, but its speculative nature and the absence of metallurgical testwork reduce confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Inferred Resource

- Negative factor: No Metallurgical Testwork

- Negative factor: Grade Decline

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--c8731223-b895-4cc1-9ac6-c1cc323ca82f#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.CN

#### 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:23742d8d6a4b8b6e3a79
- Deposit or zone: Halo-North Hixon Zones
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 84914
- Grade: 3022
- Grade Unit: g/t
- 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: 2026-09-30T00:00:00.000Z

Reasoning: This is a significant inaugural Inferred resource for gold equivalent, but its speculative nature and the absence of metallurgical testwork reduce confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Maiden Resource

- Positive factor: NI 43-101 Compliant

- Positive factor: QP Signed

- Positive factor: Cut-off Disclosed

- Positive factor: Open Pit Mining Method

- Negative factor: Inferred Resource

- Negative factor: No Metallurgical Testwork

- Negative factor: Grade Decline

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.
