Cariboo Rose Resources Ltd. is pleased to provide an update on the status of its various exploration projects. Beginning in 2018 "Cariboo" has focused on accessible gold projects located in the Cariboo and Thompson Okanagan regions of British Columbia and is currently exploring four gold projects which include two epithermal projects; Koster Dam and Coquigold, one disseminated Carlin style project; Carbonate Hosted Gold [...]
Cariboo Rose Resources Ltd. announces that as a result of the COVID-19 pandemic, the Company has experienced delays in the completion of its audited year end financials and a corresponding delay in the preparation of its first quarter financials and Management Discussion and Analysis. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market [...]
Cariboo Rose Resources Ltd. is currently exploring four gold projects in southern and southcentral British Columbia. These projects include two epithermal projects; Koster Dam and Coquigold, one disseminated Carlin style project; Carbonate Hosted Gold and one Shale Hosted Gold project; Lightning Strike. The Koster Dam project claim boundary starts approximately 4 kilometers north of the former producing Black Dome Mine [...]
Cariboo Rose Resources Ltd. has started its 2020 field program on the Lightning Strike property located in the Cariboo Region of southcentral BC approximately 60 kilometers northeast of the community of 100 Mile House. Lightning Strike is a shale hosted gold project located approximately 35 kilometers south of the Fraser Gold project currently being explored by Kore Mining Limited and 95 kilometers southeast of the [...]
Cariboo Rose Resources Ltd. announces that as a result of the COVID-19 pandemic, the Company has experienced delays associated with the limited availability of our auditors and certain employees critical to the audit process. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for [...]
Cariboo Rose Resources Ltd. announces that as a result of the COVID-19 pandemic, the Company has experienced delays associated with the limited availability of our auditors and certain employees critical to the audit process. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 60-day extension for [...]
Cariboo Rose Resources Ltd. is pleased to announce that it has entered into an option agreement effective March 23, 2020 with privately owned Black Shield Metals Corp. to advance its Carbonate Hosted Gold Project located in southern British Columbia near the Community of Clinton. Terms of the agreement will allow Black Shield to earn a 60% interest in the Project, currently 100% owned by Cariboo, by completing $1,500,000 [...]
Cariboo Rose Resources Ltd. announces that during the first two months of 2020 the Company has received CDN$2.0 million from the sale of investments. The Company still holds marketable securities valued at $225,000 as of February 29, 2020. About Cariboo Rose Resources Limited Cariboo Rose is a well-funded project generating mineral exploration company with seven precious and base metal exploration projects in BC. Project [...]
Cariboo Rose Resources Ltd. has significantly expanded the Lightning Strike claim block located in southcentral British Columbia to 3,695 hectares . Lightning Strike is a shale hosted gold project located approximately 60 kilometers northeast of the community of 100 Mile House. Gold mineralization in the area of staking was first reported by Homestake Development Corporation in 1984 with the discovery of a significant [...]
Cariboo Rose Resources Ltd. announces that it has closed the private placement announced on December 10, 2019. Closing consisted of the issuance of 1,665,000 flow-through common shares at a price of $0.05 per common share for total consideration of $83,250. The Company paid cash finders' fee of $2,835 to PI Financial in connection with this private placement. All of the securities issued pursuant to this private placement [...]
Cariboo Rose Resources Ltd. has approved the granting of stock options to directors, officers, and consultants for the purchase of 750,000 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 $0.05 cents a share until December 19, 2024. The options will vest immediately. About Cariboo Rose Resources Limited Cariboo Rose Resources is a [...]
Cariboo Rose Resources Ltd. announces that it intends to raise up to $250,000, subject to regulatory approvals, by way of a non-brokered flow-through share private placement to consist of up to 5,000,000 flow-through shares at a price of $0.05 per flow-through share. Certain insiders of the Company may participate, with full particulars of such participation to be included in the news release announcing the closing of [...]