Business

Cariboo Rose Announces Commencement of Exploration at Carruthers Pass, BC

(via Thenewswire.ca) Vancouver, BC, Sept 14, 2011 - Cariboo Rose Resources Ltd. (TSX-V: CRB) ...

articleCariboo Rose Resources Ltd.September 14, 20115/company/cariboo-rose-resources-ltd/news/cariboo-rose-announces-commencement-of-exploration-at-carruthers-pass-bc
Cariboo Rose Announces Commencement of Exploration at Carruthers Pass, BC

About this update from Cariboo Rose Resources Ltd.

[{"type":"text","content":"\nCariboo Rose Announces Commencement of Exploration at Carruthers Pass, BC\n\n(via Thenewswire.ca)\n\n \nVancouver, BC, Sept 14, 2011 - Cariboo Rose Resources Ltd. (TSX-V: CRB) (\"Cariboo Rose\") and La Quinta Resources Corporation (TSX-V: LAQ) (\"La Quinta\") are pleased to announce that diamond drilling has commenced on the Carruthers Pass volcanogenic massive sulfide project. The Carruthers Pass claims are located 70 km south of the Kemess copper-gold mine in the Omineca Mining Division and are approximately 3,250 hectares in size. Drilling is targeting three areas initially. Full Force Drilling of Peachland, B.C. has been contracted to drill up to 1,000 m (3,250 ft) NQ core in this helicopter supported program. Sampling of visibly altered and mineralized intervals is also in progress.\n\n\n \nInitial drilling targeted massive sulfide mineralization approximately 10.0 m x 7.0 m which is interpreted to be a detached slab from a collapse of the cliff face. The angle drilling intersected 3.0 m thickness of copper-dominant massive sulfide in contact with metagabbro, beneath which was unconsolidated material. Quarter-split samples of this core have also been submitted to labs for analysis. During due-diligence review of the project, the La Quinta sampled this boulder to confirm historical values reported in prior technical reports. Values from those grabs are as follows:\n\n\n \n\n--------------------------------------------\n|Sample No.|Au (g/t)|Ag (g/t)|Cu (%)|Zn (%)|\n|  | | | |  |\n|  | | | | |\n|------------------------------------------|\n|080711-01 |3.84 |147 |2.43 |2.90 |\n| | | | |  |\n|------------------------------------------|\n|080711-02 |0.85 |111 |1.81 |6.46 |\n| | | | |  |\n|------------------------------------------|\n|080711-03 |3.38 |82 |1.49 |4.21 |\n--------------------------------------------\n\n\n \nThe values compare favorably with historic sampling reported previously at this location:\n\n\n \n\n--------------------------------------------\n|Sample No.|Au (g/t)|Ag (g/t)|Cu (%)|Zn (%)|\n|  | | | |  |\n|  | | | | |\n|------------------------------------------|\n|62692 |2.100 |56 |1.12 |7.05 |\n| |  | | | |\n|------------------------------------------|\n|72638 |0.169 |99 |2.62 |2.99 |\n| |  | | | |\n|------------------------------------------|\n|63454 |0.458 ...

More updates from Cariboo Rose Resources Ltd.