Golden Cariboo Resources Ltd. (CSE: GCC) has completed the purchase of a 5.36-acre freehold property in Hixon, British Columbia for $300,000 CAD, closing a transaction first announced on May 19, 2026. The two adjacent lots, situated directly on Highway 97, will serve as a permanent base camp supporting continuous field operations at the company's nearby Quesnelle Gold Quartz Mine Property. The acquisition is designed to allow Golden Cariboo to conduct exploration and development activities throughout all 12 months of the year, a capability that management believes differentiates it from comparable junior exploration companies.

Key Points

  • Golden Cariboo Resources Ltd. (CSE: GCC; OTC: GCCFF)
  • Completed acquisition of 5.36-acre Hixon, B.C. freehold property for $300,000 CAD to establish a permanent exploration base camp
  • Atco 5 unit skid-mounted trailers mobilised to site; water studies, engineering, and septic permitting currently in progress
  • Investors may watch for water licence confirmation and infrastructure completion milestones tied to the Quesnelle Gold Quartz Mine exploration programme

Hixon Camp Positioned Four Kilometres from Quesnelle Gold Quartz Mine

The newly acquired camp property sits approximately four kilometres southwest of Golden Cariboo's Quesnelle Gold Quartz Mine Property, which covers 96,183 hectares in central British Columbia along a 90-kilometre geological trend. The Quesnelle Quartz gold-silver deposit was first discovered in 1865 and is classified as a sediment-hosted vein deposit, sharing geological characteristics with the Spanish Mountain gold deposit located roughly 120 kilometres to the southeast. The Highway 97 location provides direct road access, which management indicates is important for year-round logistical support of field personnel and contractors working on ongoing drilling and trenching programmes.

Infrastructure Installation Underway With Multiple B.C. Engineering Firms Engaged

Golden Cariboo has mobilised its Atco 5 unit skid-mounted trailers to the Hixon site to provide near-term accommodation and operational infrastructure. Water testing and quality analysis have been completed on-site by Aqua Tech Ltd. of Kelowna and Western Water Associates Ltd. of Prince George, with results currently pending review by Northern Health. The company notes that either an existing water licence will be transferred or a new licence application may be required. Prince George-based L&M Engineering Ltd. has been engaged to deliver engineering plans and permitting for an upgraded or new septic system, ensuring the camp meets applicable regulatory standards before full operations commence.

Inaugural NI 43-101 Resource Estimate Provides Context for Expanded Exploration Focus

President and CEO J. Frank Callaghan stated in the release that operating 12 months a year sets Golden Cariboo apart from many peer-group companies, and that the acquisition supports the company's stated focus on building upon its inaugural NI 43-101 Mineral Resource Estimate, which was announced on September 30, 2026. The camp infrastructure investment signals the company's intent to maintain operational continuity through winter months, a period that typically curtails exploration activity for junior mining companies operating in central British Columbia. The immediate share price impact was not clear from available public information.