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2010 News

Cariboo Rose Announces Financing with Gold Fields

August 6, 2010

Vancouver, BC, August 6, 2010 – Cariboo Rose Resources Ltd. (TSX-V: CRB) (hereinafter referred to as “Cariboo Rose” or the “Company”) announced today that as reported in the Company’s news release dated May 26, 2010, Gold Fields Netherlands Services BV, a member of the Gold Fields Limited group of companies (NYSE: GFI) (hereinafter referred to as “Gold Fields”), is completing a private placement of C$200,000 to purchase 623,000 common shares of Cariboo Rose at a price of $0.321 per share The financing is subject to the approval of the TSX Venture Exchange.

Proceeds from the financing will be used for exploration work on the Company’s projects and general working capital.

J. William (Bill) Morton, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

About Cariboo Rose Resources Limited

Cariboo Rose Resources Ltd. is a mineral exploration company with six gold, copper and molybdenum exploration projects in British Columbia and the Yukon. The Woodjam North and Woodjam South properties (totaling 56,150 ha) are part of the Woodjam Joint Venture between Cariboo Rose (40%) and Fjordland Exploration Inc. (60%); both properties are now under option to Gold Fields Horsefly Exploration Corporation. Additionally, Cariboo Rose has two other gold-copper exploration projects adjoining the Woodjam Properties, a gold exploration project in the White Gold District of the Yukon, and a copper exploration project south of BC’s Kemess mine. Cariboo Rose trades on the TSX Venture exchange under the symbol “CRB”. For more information please visit the Company’s website at www.cariboorose.com.


J. William Morton, P.Geo, President
Cariboo Rose Resources Ltd.

Contact:
Paul Way, Business Development Manager
Phone: (604) 681-7913, Toll Free: 888-656-6611; email: pway@eastfieldgroup.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
View previous July 29, 2010 Gold Fields Commences 5,000 m Drilling Program on Southeast Zone at Woodjam South
Return to the 2010 news release list.
View next August 17, 2010 Cariboo Rose Closes Private Placement with Gold Fields
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