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Cariboo Rose Resources Announces the Discovery of a New Gold-In-Soil Anomaly Trend at the Canadian Creek Property, Yukon
(via Thenewswire.ca) Highlights: -Grid soil geochemistry sampling results have outlined t...
About this update from Cariboo Rose Resources Ltd.
[{"type":"text","content":"\nCariboo Rose Resources Announces the Discovery of a New Gold-In-Soil Anomaly Trend at the Canadian Creek Property, Yukon\n\n(via Thenewswire.ca)\n\n \nHighlights:\n\n\n \n-Grid soil geochemistry sampling results have outlined the Canadian Creek trend, an extensive 7.5 kilometre by 2.0 kilometre new gold-in-soil anomaly trend that significantly extends the historic gold-in-soil trend.\n\n\n \n-Major structural zone (>10 kilometres along strike) identified is sub-parallel to the Canadian Creek trend and may represent a significant control on gold mineralization on the property.\n\n\n \n-Highest new gold-in-soil value within the Canadian Creek trend is 0.97 g Au/t, with historic gold-in-soil values up to 2.29 g Au/t.\n\n\n \nNovember 15, 201 - Vancouver, BC - Cariboo Rose Resources Ltd. (TSX-V: CRB) (\"Cariboo Rose\") is pleased to announce that Castillian Resources Corp. (\"Castillian\") (TSX-V: CT) has reported the results of its 2011 exploration program at the Canadian Creek property. The property consists of 320 claims covering approximately 6,180 hectares located 160 kilometres south of Dawson, approximately 50 kilometres southeast of Kinross Gold Corporation's White Gold discovery and 25 kilometres southeast of Kaminak Gold Corporation's Coffee Gold discovery. Work completed in 2011 included soil geochemistry grid sampling, detailed ground magnetic surveys, induced polarization surveys, trenching, and geological mapping. Assay results are pending for the trench samples. The spring 2012 program will include diamond drilling, additional trenching and induced polarization (IP) surveys.\n\n\n \nA total of 5,660 soil geochemical samples including QA/QC duplicates were collected in 2011 at 50 metre intervals on lines spaced 200 metres, with in-fill sampling on 100 metre lines over areas with prospective gold-in-soil anomalies. In addition fill-in sampling was completed in some of the areas with historic soil sampling particularly in the northeast part of the property to better define existing anomalies. Soil results (> 40 ppb Au) define an extensive gold-in-soil anomaly with a strike length of 7.5 km and a width of 2.0 km. This new gold-in-soil anomaly which is 3.5 km in strike length extends a historic gold-in-soil anomaly on the property, previously named the Casino \"B\" trend, to form one large gold-in-soil trend that i...