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New Discovery on Cowtrail Property Intersects 1.16 g/t Gold Over 18.3 Metres
Vancouver, B.C. - March 18, 2008 - Cariboo Rose Resources Ltd. (TSX-V: CRB) and Dajin Resources C...
About this update from Cariboo Rose Resources Ltd.
[{"type":"text","content":"New Discovery on Cowtrail Property Intersects 1.16 g/t Gold Over 18.3 Metres\n\n\nVancouver, B.C. - March 18, 2008 - Cariboo Rose Resources Ltd. (TSX-V: CRB) and Dajin Resources Corp. (\"Dajin\") (TSX-V: DJI) and are pleased to report the results of seven diamond drill holes (1,426.2 meters) completed on the Cowtrail Project in 2007. The project is located in the Cariboo gold region near Horsefly, in central British Columbia, and is accessible by highway and logging roads year round with ample power and water supply nearby.\n\nThe Highlight of the project was hole DDH.0O1 which intersected a zone of potassium altered micro diorite in contact with a pyritic metavolcanic unit which zone carries 1.16 g/t gold and 0.043% copper over 18.3 meters from 130.2 metres 148.4 metres. DDH.01 is also anomalous in gold over 50.3 metres from 25.0 metres in depth to 75.3 metres in depth. These results add significantly to the potential of the property.\n\nOther results include drill hole DDH.03 that encountered weakly anomalous copper from 20.4 metres to 87.5 metres. Diamond drill hole DDH.04 contains weakly anomalous copper, with a maximum value of 360 ppm from 21.3 metres to 151.5 metres and within that interval samples taken from 118.0 metres to 133.2 metres averaged 28 ppb gold. Copper is also weakly anomalous from 166.7 metres to 200.3 metres with a maximum value of 780 ppm copper. That interval also contains a sample with 70 ppm molybdenum and another sample with 72 ppb gold. Drill hole DDH.05 is anomalous in gold, lead and zinc between 124.1 metres and 148.4 metres with maximum values of gold at 98 ppb, lead at 685 ppm and zinc at 1,502 ppm. The long intercepts of anomalous gold, copper and other base metals in the very widely spaced drill holes continues to suggest potential for mineralized zones at the Cowtrail project.\n\nThe drilling program was designed as an initial follow up to Dajin's 2006 geophysical survey carried out in a search for a copper-gold porphyry prospect and consisted of drilling a single hole in each of ten selected IP chargeability anomalies located on the periphery of a magnetic intrusive body. The IP lines are spaced at 400 meters intervals. Eastfield Resources Ltd. (TSX-V: ETF) and its joint venture partner Imperial Metals Corp. (TSX: III) drilled a hole in 1997 that intersected long intervals of weak copper-gold...