April 3, 2023 – Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (TSX.V: GCC) announces that pursuant to its stock option plan, the Company has granted 1,550,000 stock options to directors, officers, employees and consultants. All options have an exercise price of $0.10 for a period of 3 years from the date of the grant.

For further information please contact:

GOLDEN CARIBOO RESOURCES LTD

“Andrew H. Rees”
Andrew H. Rees
Director

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.