Gold project field program
Quesnel
The Quesnel Gold Project is a 100%-owned property located 30 km northeast of Quesnel in the Cariboo Mining Division of central British Columbia. The project covers 1,607 hectares and benefits from nearby highways and power lines, offering excellent year-round access and infrastructure.
Ongoing Exploration
Field crews from Hardline Exploration Corp. recently completed a multiday biogeochemical (tree bark) survey designed to test for on-strike extensions of the historic G-South mineralization. The program included 53 samples collected across the Quesnel Gold 1 property.
Geology & Mineralization
Historic work has confirmed gold and copper mineralization hosted in veins, shears, and stockworks within andesitic rocks near contacts with the Naver Intrusives and Jurassic Polaris Plutonic Group. Mineralization has been outlined near surface through trenching and limited diamond drilling (see Technical Report on the Quesnel Gold 1 Property, Oct. 30, 2024, by Warren Robb, P.Geo., available on SEDAR+).
Exploration Potential
Due to late-season snow cover, the 2024 biogeochemical survey focused on evaluating mineralized extensions in areas obscured by overburden. The project lies within the Quesnel Trough, part of the Intermountain Tectonic Belt, and remains on trend with the historic G-South gold resource, reinforcing its strong exploration potential.
Corporate Update
Carlyle has been active since announcing its proposed amalgamation with Miramis and the acquisition of a 100%-owned interest in the Quesnel Gold Project in central British Columbia.
The amalgamation, approved by Miramis shareholders in December 2024, brings a diversified asset portfolio, enhanced shareholder base, and stronger capital position to Carlyle. The company has already completed its first field exploration program at Quesnel and now holds an option to acquire 100% of the Nicola East Project, expanding its exposure to key mining regions across British Columbia.
