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Drilling at Woodjam South Intersects 244 m Grading 0.50% Copper, 0.04g/t Gold and 0.015% Molybdenum
Drilling at Woodjam South Intersects 244 m Grading 0.50% Copper, 0.04g/t Gold and 0.015% Molybdenum
About this update from Cariboo Rose Resources Ltd.
[{"type":"text","content":"\nDrilling at Woodjam South Intersects 244 m Grading 0.50% Copper, 0.04g/t Gold and 0.015% Molybdenum\n\n\n Nov. 17, 2010 (TheNewswire.ca) -- Drilling at Woodjam South Intersects 244 m Grading 0.50% Copper, 0.04g/t Gold and 0.015% MolybdenumSoutheast Zone Mineralization ExpandedVancouver, BC, November 17, 2010 - Cariboo Rose Resources Ltd. (TSXV:CRB) (TSX-V: CRB) 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\"), has forwarded drilling results from an additional eight holes (2,844 m) of the 2010 program on the 13,827-hectare Woodjam South copper-gold-molybdenum property. Drilling continues to intersect long intervals of gold-copper-molybdenum mineralization highlighted by 244 m grading 0.50% copper, 0.04g/t gold and 0.015% molybdenum. Gold Fields has completed 19,260 m of drilling on the adjoining Woodjam North and Woodjam South properties this year; the properties are located 45 km east of Williams Lake in south-central British Columbia.Key Points:-Southeast Zone mineralization extended East, West and North and still open.-Southeast Zone core area of mineralization now extends for 800 m by 600 m and has been drill-tested to over 400 m below the bedrock interface.-A higher grade area indicated by hole SE10-14 which returned 0.50% Cu, 0.04g/t Au and 0.015% Mo over 244 m, including 180 m grading 0.61% Cu, 0.04g/t Au and 0.016% Mo.-Holes bottomed in mineralization; zone remains open at depth.-Drilling is ongoing.Southeast Zone: Summary of Significant Drill Results\nHole ID From (m) To (m) Int. (m) Cu% Au g/t Mo% Cu Eq % \nSE10-08 134.1 438.9* 304.8 0.20 0.01 0.001 0.26 \nincluding 332.0 438.9* 106.9 0.24 0.01 0.002 0.37 \nSE10-09 150.0 339.0 189.0 0.17 0.01 0.001 0.21 \nSE10-12 173.7 371.9* 198.1 0.34 0.06 0.002 0.49 \nincluding 310.0 325.1 15.1 0.61 0.10 0.005 0.98 \nSE10-14 164.6 408.4* 243.8 0.50 0.04 0.015 0.61 \nincluding 164.6 345.0 180.4 0.61 0.04 0.016 0.73 \nincluding 262.0 317.0 55.0 0.77 0.05 0.037 1.01 \nSE10-15 64.01 371.9* 307.9 0.23 0.02 0.004 0.27 \nincluding 224.0 332.0 108.0 0.41 0.04 0.002 0.45 \nSE10-16 92.1 312.4* 220.4 0.19 0.02 0.001 0.20 \nincluding 210.0 244.0 34.0 0.26 0.02 0.001 0.27 \nTable Notes: Intervals are cor...