Cariboo Rose Announces Commencement of Program at Cowtrail Gold-Copper Project, BC
Vancouver, BC, November 10, 2011 – Cariboo Rose Resources Ltd. (TSX-V:
) (“Cariboo Rose”) is pleased to announce that Dajin Resources Corporation (TSX-V: DJI) (“Dajin”) has commenced a 2,400 metre diamond drill program consisting of six holes at the Cowtrail property. The Cowtrail project is located in the Cariboo region of BC, in central British Columbia, and is accessible by highway and logging roads year-round with ample power and water supply nearby.
The six N2 gauge (2.0” diameter) diamond drill holes will follow-up a gold-copper intersection of 1.16 g/t gold and 0.043% copper over 18.3 metres drilled in 2008 and will test additional I.P. anomalies identified in a survey Dajin completed in that same year.
Dajin may earn up to 65% in Cowtrail project from Cariboo Rose.
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 copper-gold-molybdenum properties (totaling 56,150 ha) belong to the Woodjam Joint Venture which consists of Cariboo Rose (40%) and Fjordland Exploration Inc. (TSX-V:
) (60%). Both properties are under option to Gold Fields Horsefly Exploration Corporation. Cariboo Rose and Fjordland have recently announced plans to amalgamate their interest in both Woodjam properties and spin-out the properties to shareholders in the form of a new publicly listed company (See Cariboo Rose news release of June 29, 2011). Other properties include the Canadian Creek copper-gold property located in the White Gold District of the Yukon optioned to Castillian Resources Corp. (TSX-V:
); the Cowtrail gold property optioned to Dajin Resources Corp. (TSX-V:
) located in the Cariboo region adjacent to and north of the company’s Woodjam North property; the Carruthers Pass copper-zinc-silver property in north-central British Columbia optioned to La Quinta Resources Corporation (TSX-V:
); and the Pat gold-copper property in the Cariboo region of south-central British Columbia adjacent to the company’s Woodjam North property. Cariboo Rose trades on the TSX Venture exchange under the symbol “CRB”. For more information please visit the Company’s website at
J.W. (Bill) Morton, P.Geo.
President and CEO
Cariboo Rose Resources Ltd.
Paul Way, Business Development Manager
Phone: (604) 681-7913, Toll Free: 888-656-6611; email:
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.