Golden Cariboo Resources Adopts PhotonAssay Technology to Address Gold Nugget Effect

Golden Cariboo Resources Ltd. is advancing its gold exploration approach through an orientation study utilizing Chrysos PhotonAssay™ technology at its Quesnelle Gold Quartz Mine property in central British Columbia. The company's collaboration with ALS Canada Ltd. focuses on evaluating a non-destructive analysis method that employs high-energy photons to interact with sample materials, representing a significant departure from traditional fire assay techniques.

The technological shift addresses a fundamental challenge in gold exploration known as the nugget effect, where coarse gold particles can lead to inconsistent assay results. Traditional fire assay methods typically examine only 30-50 grams of material, while PhotonAssay™ can analyze up to 500 grams per assay. This substantial increase in sample volume provides more comprehensive and representative gold content measurements, particularly crucial for deposits containing visible gold particles.

The orientation study specifically targets the company's Halo zone, where recent drill holes have exhibited coarse, visible gold particles that present analytical challenges using conventional methods. By analyzing larger sample volumes, the PhotonAssay™ method promises to more accurately quantify both finely dispersed and coarse gold particles, potentially eliminating the sampling bias inherent in smaller sample sizes.

Company President and CEO Frank Callaghan emphasized the importance of this technological approach, noting its potential to optimize resource evaluation and enhance the transparency and reliability of assay data for future exploration and development efforts. The study methodology involves comparative analysis between PhotonAssay™ results and traditional fire assay methods using existing core samples, including material from the recent QGQ24-21 drill hole.

The technical implementation through Chrysos PhotonAssay™ technology represents a modern solution to a long-standing industry challenge. Researchers anticipate receiving and reporting assay results in the coming weeks, with successful outcomes potentially establishing new standards for gold exploration accuracy. This advancement could significantly impact how precious metal deposits are evaluated and developed, particularly in regions known for coarse gold mineralization patterns.

The broader implications extend beyond the immediate project, as successful implementation could influence exploration methodologies across the gold mining industry. The ability to more accurately measure gold content in mineralized zones supports better economic assessments and more informed development decisions, ultimately contributing to more efficient resource extraction and project valuation.