Vancouver, BC, August 31, 2017 – Cariboo Rose Resources Ltd. (TSX-V: CRB) (“Cariboo Rose”) is pleased to announce it has completed 24 reverse circulation drill holes (2,142 m) at its Canadian Creek project in the Yukon. The predominant geological characteristic of drill targets were linear geophysical or geochemical breaks coinciding with anomalous gold and arsenic soil values. Assay results are expected before the end of September.
The Canadian Creek property is located approximately 160 km south of Dawson City and encompasses 311 claims. It abuts Western Copper and Gold Corp’s (TSX: WRN) Casino porphyry copper-gold-molybdenum property on the east and Goldcorp Inc.’s (TSX: G, NASDAQ: GG) Coffee property on the north, sharing a 12 km long boundary with Coffee and a six km boundary with Casino. Both Coffee (Goldcorp) and Casino (Western Copper and Gold) have published multimillion ounce gold resources.
J.W. (Bill) Morton, P.Geo. is a qualified person within the context of National Instrument 43-101, and has read and takes responsibility for this news release.
J.W. Morton
Cariboo Rose Resources Ltd.
Contact:
Phone: (604) 681-7913, Toll Free: 888-656-6611
About Cariboo Rose Resources Limited
In addition to its 100% owned Canadian Creek property in the Yukon, Cariboo Rose owns interests in five mineral projects in British Columbia four of which are 100% owned. Cariboo Rose also owns a strategic investment in Western Copper and Gold Corp.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.