Cariboo Rose and Fjordland Add Ground to WOODJAM Copper, Gold, Molybdenum Project in Central British Columbia

About this update from Cariboo Rose Resources Ltd.

[{"type":"text","content":"Cariboo Rose and Fjordland Add Ground to WOODJAM Copper, Gold, Molybdenum Project in Central British Columbia\n\n\nVancouver, B.C., February 26, 2008 - Cariboo Rose Resources Ltd. (TSX-V: CRB) and Fjordland Exploration Inc. (TSX-V: FEX) the Woodjam Joint Venture (60% FEX, 40% CRB) partners, are pleased to announce two property acquisitions adjoining their Woodjam property in the Cariboo region. In both cases, the acquisitions were completed to cover prospective ground along a postulated SW-NE trend of mineralization, adjacent to the west/southwest boundaries with the Megabuck and Takom zones respectively, where significant amounts of \"porphyry-style\" copper and gold mineralization have previously been outlined.\n\nFor a 100% clear title and ownership in the Big - Moose Horn mineral property, Fjordland and Cariboo Rose will pay to John Bot, President of Botco Mining and Exploration, the cash sum payment of $2,500 and issue 30,000 shares of Fjordland Exploration Inc. and 20,000 shares of Cariboo Rose Resources Ltd. on the Effective Date, subject to acceptance of the TSX Venture Exchange.\n\nFor the right and option to acquire a 100% interest in the Magalloy 1-14 and Magex 1-12 mineral property, Fjordland and Cariboo Rose will pay to Herb Wahl and Jack Brown-John, as to 50% each as beneficial owners of the property, the cash sum payment of $25,000, plus issue 20,000 shares of Cariboo Rose Resources Ltd. and 30,000 shares of Fjordland Exploration Inc. on the Effective Date of the option agreement. On or before the first, second and third anniversaries of the Effective Date, the Joint Venture must make annual cash payments of $25,000, plus issue annually 20,000 shares of Cariboo Rose and 30,000 shares of Fjordland. On or before the fourth anniversary of the Effective Date, the Joint Venture must make a cash payment of $100,000, plus issue 40,000 shares of Cariboo Rose and 60,000 shares of Fjordland. The respective contributions to the cash payments required to be made shall be on a Sixty/Forty basis (60% Fjordland/40% Cariboo Rose). This transaction is subject to acceptance of the TSX Venture Exchange.\n\nThe Joint Venture partners plan on conducting exploration on these two new acquisitions during 2008, as part of their aggressive exploration program on the Woodjam project.\n\nAbout Cariboo Rose Resources Ltd.\n\nCariboo Rose Reso...

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