The Rainbow Claim Group comprises of seven legacy and celled mineral claims (Rainbow, RM1 and Yes claims) covering a total physical area of 142.9ha on Valley Mountain.
Located within 2km of Wells, BC and Osisko’s proposed mine at the Valley Zone, Golden Cariboo Resources owns 100% of the mineral rights of the Rainbow Property, along a 2km portion of the limestone belt and mineralized trend which is noted to be parallel to the Baker-Rainbow contact of Osisko’s Barkerville Gold Belt on the adjacent Barkerville and Cow Mountain. The forested Property is located within the Snowshoe Group of the Barkerville Terrane and is easily accessed by quad or 4WD from the north or south side of the Property, with access also provided directly to a 37m adit located on the northwest end of the Property. The adit was drifted in 1937 for a distance of 37m along the gold bearing quartz ‘B’-veins, with vein widths ranging from 50 to 150cm (ARIS19815). Exploration activities are in progress to further identify key targets.