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Crew and Equipment Mobilized to Cowtrail Project in Preparation for June Start-Up
(TheNewswire) Vancouver, BC – TheNewswire - May 25, 2023 - Cariboo Rose Reso...
About this update from Cariboo Rose Resources Ltd.
[{"type":"text","content":"Crew and Equipment Mobilized to Cowtrail Project in Preparation for June Start-Up\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n May 25, 2023 - Cariboo Rose Resources Ltd.\n \n \n (“Cariboo Rose”) (TSXV:CRB) (OTC:CROOF) has\nbeen advised by optionee BRS Resources Ltd., a private company who are\nearning an interest in the Cowtrail project that a crew and equipment\nhave been mobilized to the property in preparation for diamond\ndrilling in early June 2023.\n \n \n \n \n The 4592 hectares (46 sq Km) Cowtrail project is 100%\nowned by Cariboo Rose Resources and located in southcentral BC, south\nof the existing Mt. Polley mine and contiguous with the Woodjam\ncopper-gold porphyry project owned by Vizsla Copper Corp and the\nRedgold Copper project to the west also recently acquired by Vizsla\nCopper Corp. (TSX.V: VCU) (OTCQB: VCUFF) (FRA: 97E)\n \n \n \n \n The Cowtrail property covers a magnetic feature that\nextends to the northwest from a buried alkalic intrusive discovered by\nEastfield Resources and Imperial Metals Corporation in 1998. The\nmagnetic signature is comparable in several ways to that of the Mt.\nPolly mine (15 km northwest).\n \n \n \n \n Reconnaissance drill testing of extensive induced\npolarization anomalies (vintage\n \n \n 1997, 2004 and\n2006) define a vector of mineralization trending to the west beyond\nthe area drilled. Significant drill intercepts include\n \n \n 1.16 g/t gold over 18.3m\n \n \n and\n \n \n 0.17% copper and\n0.11 g/t gold over 40.0m\n \n \n .\n \n \n \n \n A soil grid at Cowtrail was expanded in 2021 and 2022.\n \n \n Of note is a 600 metre long northwest trending\ngold-arsenic in soil anomaly that covers an area of the BM Showing.\n \n \n \n \n The project was optioned to BRS Resources Ltd in\nNovember 2022 who may earn a 60% interest over a four-year term by\nmaking payments totalling $400,000 and completing $2,000,000 in\nexploration.\n \n \n \n \n The project is fully permitted.\n \n \n \n \n J.W. (Bill) Morton P. Geo, within the context of the\nrequirements of NI-43-101, is the qualified person who takes\nresponsibility for this news release.\n \n \n \n \n Bill Morton\n \n \n \n J.W. (Bill) Morton, P.Geo.\n \n \n President\n \n \n \n Cariboo Rose Resources Ltd.\n \n \n \n \n \n \n \n \n Click...