Cariboo Rose Resources has granted an option to CMP Minerals Inc. to earn a 70% interest in the Coquigold gold-silver project. Coquigold is located 15 km southwest of the Community of Merritt and 10 kilometers north of Shovelnose Mountain Gold Discovery. The project is permissive for epithermal gold-silver, particularly the quartz-adularia variety. Central to Coquigold is an area where in 2008 the BC Geological Survey [...]
Cariboo Rose Resources Ltd. announces that Alan Scott has resigned as Director of the Company effective December 31, 2021 where he has served since 2008. Alan has been a valuable resource for Cariboo Rose largely through his expertise in the field of geophysics with much of his career spent as a staff Geophysicist with Cominco Ltd. Cariboo Rose thanks Alan for his many years of assistance and guidance and wishes him [...]
Cariboo Rose Resources Ltd. and Vizsla Copper Corp. have amended the option agreement dated Feb 1, 2021 whereby Vizsla may earn a 60% interest in the Carruthers Pass property. The amendment removes a requirement of Vizsla to complete $100,000 of work before the first anniversary and replaces it with a requirement to complete $400,000 before the second anniversary. To complete the option Vizsla Copper is required to [...]
Cariboo Rose Resources completed flying an airborne geophysical survey on the Carbonate Hosted Gold Project located northwest of the town of Clinton. Data from the survey is now being processed by the contractor, Geotech Airborne Geophysical Surveys of Aurora Ontario, will assist in defining and prioritizing targets. Three hundred and thirty five line kilometers of helicopter borne survey were flown using the VTEM™ Time [...]
Cariboo Rose Resources is pleased to announce that the initial 1463m drill program at its 100% owned Lightning Strike project located in the Cariboo Region of southcentral BC, approximately 60 km northeast of the community of 100 Mile House, has been completed. Eleven holes were drilled, and samples are being shipped to the lab and results will be published as soon as they are received. Lightning Strike is a shale hosted [...]
Cariboo Rose Resources Ltd. has approved the granting of stock options to directors, officers, and consultants for the purchase of 770,000 common shares of the Company. These options have a five-year term and allow the holder to purchase one common share of the company for $0.06 cents a share until September 15, 2026. The options will vest immediately. David M Douglas, CPA, CA CFO, Director [...]
Cariboo Rose Resources has begun drilling at its 100% owned Lightning Strike project located in the Cariboo Region of southcentral BC approximately 60 km northeast of the community of 100 Mile House. The 2021 program is using reverse circulation technology and will entail approximately 1,500 m of drilling in holes expected to average approximately 150 meters in length. Lightning Strike is a shale hosted gold project [...]
Cariboo Rose Resources Ltd. is active on several projects briefly described as follows. Lightning Strike: At Lightning Strike an excavator trenching program is currently underway. Lightning Strike is a shale hosted gold exploration project located 50 km northeast of the community of 100 mile House, BC, exhibiting the same host-rock suite and style of mineralization as exists at Spanish Mountain Gold located 90 kilometers [...]
Cariboo Rose Resources Ltd. advises that the Koster Dam Joint Venture have commissioned an airborne geophysical survey on the Koster Dam project located approximately 10 kilometers north of the former producing Blackdome gold silver mine. The survey will be completed in the near term by Axiom Exploration Group based in Saskatoon Saskatchewan. The survey will be conducted using a helicopter and will include high resolution [...]
Cariboo Rose Resources Ltd. advises that CHG project option partner Black Shield Metals Corp. has arranged for Geotech Airborne Geophysical Surveys of Aurora Ontario to complete a Versatile Time-Domain Electromagnetic geophysical survey on the CHG project. The survey will be helicopter-borne and will cover approximately 335 line-kms. The VTEM™ Time Domain EM system been proven to be effective for locating discrete [...]
Cariboo Rose Resources Ltd. has entered into an option agreement with Vizsla Copper Corp. that grants Vizsla Copper the right to earn a 60% interest in the Carruthers Pass, copper-zinc-sliver-gold and cobalt property located in northern BC approximately 75 kilometers southeast of the former producing Kemess copper gold mine owned by Centerra Gold. Vizsla Copper is a proposed spin out from Vizsla Resources Corp. which has [...]
Cariboo Rose Resources Ltd. is providing an update on its Lightning Strike sediment hosted gold project located in the Cariboo Region of BC. In 2020 work was focused on expanding soil survey coverage to the south and west of grids established in 2019. A total of approximately 2,000 samples were collected. Results indicate a gold anomaly extending approximately 1500 metres in a north south orientation and 1,000 metres in [...]
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