(TheNewswire)
Vancouver, BC – TheNewswire - May 20,2021 , Cariboo Rose ResourcesLtd. (“Cariboo Rose”) ( TSXV: CRB ) (OTC:CROOF) advises thatthe Koster Dam Joint Venture (55% “Cariboo Rose” and 45% Ameriwest LithiumInc . (“ Ameriwest ”) ( CSE: AWLI ) have commissioned an airbornegeophysical survey on the Koster Dam project located approximately 10kilometers north of the former producing Blackdome gold silver mine.The survey will be completed in the near term by Axiom ExplorationGroup based in Saskatoon Saskatchewan. The survey will be conductedusing a helicopter and will include high resolution magnetics and highprecision LiDAR
The magnetic survey will employ a triaxial array whichallows for precise horizontal gradient measurements which have becomeimportant because it provides details about the lateral extent ofsubsurface anomalies located between the survey lines (the verticalgradients). These gradients can assist in identifying geological /structural contacts and near surface targets which may host gold andsilver mineralization.
The LiDAR survey will collect elevation and positioningdata by rapidly scanning the area with millions of laser pointmeasurements. The resulting product essentially strips vegetation fromthe image greatly enhancing topographic features which may includeimportant linear mineralizing structures and which can subsequently befollowed up on the ground.
The Koster claims, covering 4,535 hectares, are locatedwest of the Fraser River southwest of the Gang Ranch in a semiaridland landscape. Cariboo Rose began exploration on Koster Dam in 2012and has since discovered several areas where anomalous soil gold orrock rubble occurs in conjunction with Miocene and Eocene bedrock andone area where chalcedonic altered volcanic rock is interpreted tohave a hot spring origin.
J.W. (Bill) Morton P.Geo, within the context of therequirements of NI-43-101, is the qualified person who takes fullresponsibility for this news release.
Bill Morton
J.W. (Bill), P.Geo.
President
Cariboo Rose Resources Ltd.
Contact:
Phone: (604) 681-7913, Toll Free: 888-656-6611;email: info@eastfieldgroup.com
AboutCariboo Rose Resources Limited
Cariboo Rose owns seven mineral projects in BritishColumbia . These include:
- LightningStrike ; shale hosted gold, located east of 100Mile House, 100% owned
- Pat ; porphyry copper-gold, contiguous withConsolidated Woodjam Copper, 100% owned
- Coquigold ; epithermal gold, located north ofWesthaven Gold Shovelnose, 100% owned
- Cowtrail ; porphyry copper-gold, contiguouswith Consolidated Woodjam Copper, 100% owned
- CarruthersPas; massive sulfide, located southwest ofKemess Mine, 60% option to Vizsla Copper Corp
- CarbonateHosted Gold , located northwest of Clinton, 60%or 70% option to Black Shield Metals Corp
- KosterDam , gold, located near Gang Ranch 55% - 45%joint venture with Ameriwest Lithium Inc.
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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