Cariboo Rose Resources Ltd. - The Company has granted a total of 500,000 incentive stock options to a director and senior officer, of the Company pursuant to the Company's stock option plan. The stock option plan (a "fixed" plan with 4,474,348 shares reserved for issuance) was approved by shareholders on October 10, 2017. The 500,000 options are exercisable for a period of ten years at a price of $0.11 per share and are [...]
Cariboo Rose Resources is pleased to announce results from the surface sampling program completed on the Canadian Creek Project located approximately 160 km south of Dawson City. It abuts Western Copper and Gold's Casino porphyry copper-gold-molybdenum property on the east and Goldcorp's Coffee property on the north, sharing a 12 km long boundary with Coffee and a six km boundary with Casino. Both Coffee (Goldcorp) and [...]
Cariboo Rose Resources would like to announce that while it waits on assay results from 24 reverse circulation holes completed at its 100% owned Canadian Creek property in the Yukon it continues to identify new targets on its 100% owned Carbonate Hosted Gold project located in south-central BC and reviews its 100% owned Carruthers Pass copper-gold-silver-zinc-cobalt project located in north-central BC (for the most recent [...]
]Cariboo Rose Resources has completed a private placement, for the sale of 1,053,400 units at a price of $0.12 per flow-through unit and $0.10 per non-flow-through. All the securities issued in the private placement are subject to a four month hold period. Gross proceeds of the offering was $105,800. The Company will pay a finder's fee to...
Cariboo Rose Resourcesis pleased to note the announcement made on September 2, 2017 by Prime Minster Justin Trudeau and Yukon Premier Sandy Silver committing more than $360 million in combined federal and territorial funding to improve road access in two mineral-rich areas in Yukon, including the Dawson Range which hosts the White Gold District. In total, the Yukon Resource Gateway Project will help upgrade over 650 km of [...]
Cariboo Rose Resources is pleased to announce it has completed 24 reverse circulation drill holes (2,142 m) at its Canadian Creek project in the Yukon. The predominant geological characteristic of drill targets were linear geophysical or geochemical breaks coinciding with anomalous gold and arsenic soil values. Assay results are expected before the end of September. The Canadian Creek property is located approximately 160 [...]
Cariboo Rose Resources is pleased to announce that drilling has started at Canadian Creek. The drill contractor, Midnight Sun Drilling of Whitehorse, is using state of the art reverse circulation equipment. Multiple targets are being tested. Predominant geological characteristics of drill targets are the upslope traces of linear gold, arsenic, antimony and bismuth soil values coincident with induced polarization or [...]
Cariboo Rose Resources is currently negotiating a private placement agreement, subject to regulatory approval, for the sale of up to three million units consisting of a mix of flow-through units priced at $0.12 per unit (each unit comprising one flow-through common share and one warrant for the purchase of an additional non-flow-through common share at a price of $0.14 per share for a term of one year from the date of [...]
Cariboo Rose Resources is pleased to announce that the Canadian Creek Project in the Yukon Territory has been progressing well. Crews have been putting in in-fill lines in existing multi-element soil anomalies to better detail the trends of possible structures within the anomalies. To date, results have been received for sampling on the Malt West and one of the Kana area targets and these results confirm the continuity of [...]
Cariboo Rose Resources is pleased to announce that it has granted an option on its 100% owned Koster Dam project located near Gang Ranch, British Columbia, to a private company called Oakley Ventures. The Koster Dam project is a reconnaissance gold exploration initiative targeting gold-silver mineralization similar to what occurs at the formerly producing Blackdome mine located approximately 18 kilometres to the south [...]
Cariboo Rose Resources is up and running at full capacity on its Canadian Creek property located in the Yukon Territory. All components of the camp are functioning properly and the crew currently consists of 10 people expanding to 15 in early August. The current work being completed is predominantly focused on infill soil sampling, magnetometer surveying and drill site construction for a drill program scheduled to start [...]
Cariboo Rose Resources is pleased to announce that it will mobilize to the Canadian Creek Project in the Yukon Territory within the next week. The scheduling of work will start with detailing the numerous existing linear soil gold-arsenic-antimony anomalies followed first by magnetometer and induced polarization surveying and then by drilling. The Canadian Creek crew will initially number approximately 12 people. A [...]