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Cariboo Rose Resources Announces: Ongoing Drilling at Woodjam South Continues to Expand Southeast Zone Copper Gold Molybdenum Mineralization
Jan. 5, 2011 (TheNewswire.ca) -- Vancouver, BC, January 5, 2011 - Cariboo Rose Resources (TS...
About this update from Cariboo Rose Resources Ltd.
[{"type":"text","content":"\nCariboo Rose Resources Announces: Ongoing Drilling at Woodjam South Continues to Expand Southeast Zone Copper Gold Molybdenum Mineralization\n\n\n Jan. 5, 2011 (TheNewswire.ca) -- Vancouver, BC, January 5, 2011 - Cariboo Rose Resources (TSXV:CRB) Ltd. (TSX-V: CRB) \"Cariboo Rose\" and Fjordland Exploration Inc. (TSXV:FEX) (TSX-V: FEX), 40%-60% partners in the Woodjam Joint Venture (\"WJV\"), report that Gold Fields Limited's (NYSE: GFI) exploration company (Gold Fields Horsefly Exploration Corporation) \"Gold Fields\" latest drilling results continue to expand the copper-gold-molybdenum zone at the Woodjam South property. Drilling results from an additional three holes (1,200 m) of the 2010 program have intersected long intervals of copper-gold-molybdenum mineralization to expand the zone to the northeast. The Southeast Zone currently has an 800 m by 630 m footprint.Southeast Zone: Summary of Significant Drill Results\n\n-------------------------------------------------------------\n|Hole ID |From (m)|To (m)|Int. (m)|Cu% |Au g/t|Mo% |Cu Eq%|\n|-----------------------------------------------------------|\n|SE10-17 |121.9 |*359.7|237.7 |0.25|0.02 |0.008|0.31 |\n|-----------------------------------------------------------|\n|including|121.9 |260.7 |138.8 |0.38|0.03 |0.009|0.46 |\n|-----------------------------------------------------------|\n|including|148.0 |196.0 |48.0 |0.52|0.05 |0.013|0.62 |\n|-----------------------------------------------------------|\n|SE10-18 |96.0 |*390.1|294.1 |0.18|0.02 |0.007|0.24 |\n|-----------------------------------------------------------|\n|including|361.0 |*390.1|29.1 |0.46|0.05 |0.016|0.58 |\n|-----------------------------------------------------------|\n|including|174.0 |187.0 |13.0 |0.96|0.13 |0.004|1.06 |\n|-----------------------------------------------------------|\n|SE10-19 |179.8 |*450.8|271.0 |0.18|0.02 |0.005|0.22 |\n|-----------------------------------------------------------|\n|including|325.0 |349.0 |24.0 |0.38|0.04 |0.017|0.50 |\n-------------------------------------------------------------\nTable Notes: Intervals are core lengths; Cu Equivalent in % calculated using US$2.50/lb copper, US$950/oz Au and US$15/lb Mo and the formula: ((%Cu x 22 x Price Cu/lb) + (g/t Au x 0.03215 x Price Au/oz) + (%Mo x 22 x Price Mo/lb))/ (Price Cu/lb x 22). * = end of hole. Metallurgical recoveries ...