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Carruthers Pass Property Update High Grade Massive Sulphide Showing Discovered
Carruthers Pass Property Update High Grade Massive Sulphide Showing Discovered
About this update from Cariboo Rose Resources Ltd.
[{"type":"text","content":"\nCarruthers Pass Property Update High Grade Massive Sulphide Showing Discovered\n\n\n Jul. 9, 2009 (TheNewswire.ca) -- Vancouver, BC, July 9, 2009 - Cariboo Rose Resources Ltd. (TSXV:CRB) (TSX-V: CRB) has been informed that Hawthorne Gold Corp. (OOTC:HWTHF) (TSXV:HGC) (TSX-V: HGC) has terminated its option of the Carruthers Pass property in north-central BC. Hawthorne has forwarded a report outlining the results of their 2008 exploration program. The report details sampling carried out on cliffs above a high-grade boulder protruding from a talus apron. Two significant new bedrock massive sulphide occurrences were located and sampled. Other mineralized zones were also located but massive sulphides were not observed. Previous sampling of the large massive sulphide boulder returned significant values in copper, zinc, silver and gold. Grab samples by Phelps Dodge in 2001 from this exposure returned the following:\nSample # Copper (%) Zinc (%) Silver (grams/t) Gold (ppb) \n62692 1.12 7.05 56 2,100 \n72638 2.62 2.99 99 169 \n63454 3.13 4.50 99 458 \nGovt-A 4.44 4.48 250 3,170 \nSampling undertaken during the 2008 program (104 samples in total) returned several anomalous results with the following table representing selective grab samples from the more significant copper rich showings.\nSample # Copper (%) Zinc (%) Silver (grams/t) Gold (ppb) \n39710 6.78 4.81 171.0 1.47 \n39707 5.15 0.12 28.3 0.15 \n39750 4.16 0.06 66.9 0.04 \n39729 2.50 0.04 23.6 0.04 \n39737 2.28 3.76 96.3 1.21 \n39720 1.61 0.07 19.5 0.07 \nThe prospecting/sampling program identified at least two mineralized or sulphide-bearing altered horizons which vary between two to four metres thick and can be traced across the outcrop exposures for at least 100 metres. Within these horizons, pods of massive sulphides occur and which are represented by the samples above. It is strongly suspected that these are the source of the boulder occurrence.An airborne geophysical survey over the property was completed in 2004. A total of 295 line kilometres were flown utilizing a DIGHEM multi-coil, multi-frequency electromagnetic system supplemented with a high sensitivity magnetometer. The geophysical contractor, Fugro Airborne Surveys of Toronto, reports that \"the surveyed property contains several anomalous features, many of which are considered to be of moderate to high priority as...