Business
Update on Lightning Strike Gold Silver and Coquigold Gold Silver Projects
(TheNewswire) Vancouver, BC - TheNewswire - March 3, 2023 - Cariboo Rose Resour...
About this update from Cariboo Rose Resources Ltd.
[{"type":"text","content":"Update on Lightning Strike Gold Silver and Coquigold Gold Silver Projects\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 March 3, 2023 -\n \n \n Cariboo Rose Resources Ltd. “\n \n \n Cariboo Rose\n \n \n ” (\n \n \n TSX-V:\n \n \n CRB\n \n \n ) initiated work on its 100% owned\n \n \n Lightning Strike\n \n \n sediment hosted gold silver project in September, 2022\nfollowing results of 2021 drilling which included\n \n \n 0.62 g/t gold over 38.1 meters\n \n \n and\n \n \n 0.54 g/t gold and\n \n \n 14.8 g/t\nsilver over 19.8 meters (\n \n \n released\n \n \n March 7, 2022).  Lightning Strike consisting of 14 claims\ncovering 3,665 hectares is located 60 kilometers northeast of the\ncommunity of 100 Mile House, BC. The recent program consisted of 11\nreverse circulation holes (1,466 meters) all collared in overburden.\n The permissive graphitic shale sequence, with variable\nconcentrations of quartz and pyrite, was encountered in all holes but\nonly modest values in gold and silver were obtained. A table of\nsignificant results from the current program and a table of historic\nresults is attached. Topography at Lightning Strike is flat and\noutcrop rare. The presence of high concentrations of graphite makes\ngeophysical exploration techniques complex and consequently\nexploration has been guided singularly by drilling with most of the\nproperty remaining untested.\n \n \n \n \n 2022 Results Include:\n \n \n \n \n \n \n \n Hole Id\n \n \n \n \n \n \n From\n \n \n \n \n (m)\n \n \n \n \n \n \n To\n \n \n \n \n (m)\n \n \n \n \n \n \n Interval\n \n \n \n \n (m)\n \n \n \n \n \n \n Gold\n \n \n \n \n (g/t)\n \n \n \n \n \n \n \n \n LRC22-16\n \n \n \n \n \n \n 21.3\n \n \n \n \n \n \n 22.8\n \n \n \n \n \n \n 1.5\n \n \n \n \n \n \n 0.55\n \n \n \n \n \n \n \n \n LRC22-17\n \n \n \n \n \n \n 35.1\n \n \n \n \n \n \n 36.6\n \n \n \n \n \n \n 1.5\n \n \n \n \n \n \n 0.51\n \n \n \n \n \n \n \n \n and\n \n \n \n \n \n \n 68.6\n \n \n \n \n \n \n 70.1\n \n \n \n \n \n \n 1.5\n \n \n \n \n \n \n 0.74\n \n \n \n \n \n \n \n \n and\n \n \n \n \n \n \n 97.5\n \n \n \n \n \n \n 103.6\n \n \n \n \n \n \n 6.1\n \n \n \n \n \n \n 0.67\n \n \n \n \n \n \n \n \n LSRC22-19\n \n \n \n \n \n \n 59.4\n \n \n \n \n \n \n 67.1\n \n \n \n \n \n \n 7.7\n \n \n \n ...