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Project: | Canadian Creek | |
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Deposit: | Canadian Creek | |
Location: | Canada | |
Commodities: | Gold-Silver | |
Date: | 10/30/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 30-10-2017: Cariboo Rose Resources Ltd. announces an Exploration/Drilling Update report for its Canadian Creek deposit at the Canadian Creek project. Drilling results incl. 107.59m @ 0.14g/t Au from 1.22m. Vancouver, BC, October 30, 2017 – Cariboo Rose Re | |
Resources: | x | |
CP/QP: | [Overall Report]: Bob Johnston (Not stated) | |
ABSTRACT: | Vancouver, BC, October 30, 2017 – Cariboo Rose Resources Ltd. (TSX-V: CRB) (“Cariboo Rose”) is pleased to announce results from the reverse circulation (RC) drilling program completed on the Canadian Creek Project located approximately 160 km south of Dawson City. The property abuts Western Copper and Gold Corp’s (TSX: WRN) Casino porphyry copper-gold-molybdenum property on the east and Goldcorp Inc.’s (TSX: G, NASDAQ: GG) Coffee property on the north, sharing a 12 km long boundary with Coffee and a six km boundary with Casino. Both Coffee (Goldcorp) and Casino (Western Copper and Gold) have published multi-million ounce gold resources. A broad first-pass drill testing of multi-kilometre long soil geochemical anomalies resulted in 24 holes totaling 2144.22 m, exploring a range of geological, geophysical and geochemical targets in the Koffee Bowl South, Linear A, Malt East and Kana Zones.(go to www.cariboorose.com for a drill hole location map) Hole depths ranged from 16.76 m to 126.49 m. The drill holes were designed to validate the geochemical soil targets and to vector towards their feeders. Of the 24 holes, 20 intersected gold intercepts and strong trace element association. Tables summarizing all of the drill results may be found at the end of this news release. | |
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