(TheNewswire)
Vancouver, BC - TheNewswire - December 14, 2023 - Cariboo Rose Resources Ltd. “Cariboo Rose” (TSX-V:CRB) recently held its 2023 Annual General Meeting in Vancouver.All motions passed including the appointment of Davidson and Companyas auditors, approval of Eastfield’s incentive stock option plan,and the election of James W. Morton, Glen Garratt, David Douglas,Gavin Titley and Reagan Glazier as Directors.
Stock Options
The Company has approvedthe granting of stock options to directors, officers, and consultantsfor the purchase of 550,000 common shares of the Company. These options have a five-year term and allow the holder topurchase one common share of the company for $0.05 cents a share untilDecember 14, 2028. The options will vest immediately.
David M Douglas, CPA, CA
CFO, Director
Cariboo Rose Resources Ltd.
Please refer to our website for more detail: www.cariboorose.com
AboutCariboo Rose Resources Limited
Cariboo Rose owns seven mineral projects in BritishColumbia including the 100% owned Lightning Strike Project, a shale hosted gold silver project modelled on the SpanishMountain Gold Project located in similar rocks 95 kilometres to thenorthwest owned by Spanish Mountain Gold Ltd.and the FG Gold Project located 35 kilometers to the north owned byKarus Gold Corp. Shale hosted orogenic gold deposits are one of themost attractive models for large gold deposits in the world andinclude the giant Murantau and Sukoy Log deposits in Russia. Sevenhistoric drill holes on the Lightning Strike claims include interceptsof 3.42 g/t gold and 228.1 g/tsilver over 5.0 meters , 0.77 g/t gold over 20.0meters and 19.30 g/t gold over 1.5 meters. Reverse circulation (RC)drill hole results completed by Cariboo Rose in 2021and 2022 include 0.62 g/t gold and 7.2 g/tsilver over 38.0 meters including 1.43 g/t gold and 16.3 g/t silver over 10.6meters and 0.54 g/t gold and 14.8 g/t silver over 19.8meters . The Lightning Strike Project is fullypermitted.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
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