Cariboo Rose and BRS Resources to Commence Drilling at Cowtrail Copper-Gold Project
(TheNewswire)
Vancouver, BC – TheNewswire - July 29 , 2025 – Cariboo Rose Resources Ltd. (TSXV:CRB) ( “ Cariboo Rose” ) and BRS Resources Ltd. ( “ BRS” ) arepleased to announce that a drill contract has been signed to begindiamond drilling at the Cowtrail Copper-Gold Project, located near thecommunity of Horsefly in south-central British Columbia.
The 4,592-hectare Cowtrail property is strategicallysituated 15 kilometers southeast of Imperial Metals ’ Mt. Polley Mine and borders VizslaCopper ’ s Woodjam andRedgold copper-gold projects. Cariboo Rose has held full ownership ofthe property since 2004.
Cowtrail is positioned within theJurassic – TriassicQuesnel Terrane, a prolific mineral belt hosting numerous copper-goldporphyry deposits. Historic reconnaissance drilling in 2007 and 2011tested induced polarization (IP) and soil geochemical anomaliesdefined by earlier surveys in 1997, 2004, and 2006. This workidentified a southwest-trending vector of increasing mineralizationextending beyond the areas previously drilled.
Drill intercepts from those campaigns returnedpromising results, including 1.16 g/t gold over 18.3 meters (hole07-DDH-1) and 0.17% copper with 0.11 g/t gold over 40.0 meters (holeCT11-12). Subsequent soil surveys in 2006 and 2021 outlined agold-arsenic anomaly coinciding with a strong IP chargeability feature1,500 meters west of the historic drill sites.
Recent Work and the 2025Program
In 2023, Cariboo Rose completed a five-hole drillprogram targeting the Lea Lake and BM Breccia areas. The mostsignificant result came from hole CT23-16, which intersected 0.15%copper over 105.0 meters, including 0.23% copper and 0.11 g/t goldover 15.0 meters.
This hole, collared 45 meters south of CT11-12,demonstrated strong continuity of mineralization and remains open tothe south.
Building on this success, the 2025 drill programwill focus on four new holes, each 250 – 300 meters deep, to further expandthe mineralized footprint at Lea Lake.
Under the terms of an option agreement dated December19, 2022, BRS Resources may earn a 60% interest in the CowtrailProject by:
• Funding $2,000,000 inexploration expenditures, and
• Providing $400,000 in a combination of cashpayments and share issuances over a five-year period.
Upon completion of these commitments, a joint venturewill be established, with BRS holding a 60% interest and Cariboo Roseretaining 40%. If Cariboo Rose ’ s interest is subsequently diluted below 15%, it will convertto a 2.5% net smelter return (NSR) royalty, which may be reduced to 1%through a one-time payment of $2,000,000.
J.W. (Bill) Morton, P.Geo., Director of Cariboo Rose,is the Qualified Person as defined by NI 43-101 and has reviewed andapproved the technical content of this news release.
About Cariboo RoseResources Ltd.
Cariboo Rose Resources Ltd. holds seven mineralprojects in British Columbia, including the 100%-owned LightningStrike shale-hosted gold project east of 100 Mile House, and theCarruthers Pass massive sulfide project southwest of the KemessMine.
Additional holdings include the Carbonate HostedGold project (optioned 60 – 70% to Basin Uranium Corp.), the Pat copper-gold porphyryproject, the Coquigold epithermal gold project (70% option to CMPMinerals), and the Koster Dam gold project (a 55/45 joint venture withDiscovery Energy Metals Corp.).
Lightning Strike and Carruthers Pass are thecompany ’ s most advancedprojects, with Lightning Strike planned for drilling in 2025 andCarruthers Pass fully permitted for further work.
Cariboo Rose Resources Ltd.
(604) 681-7913 | Toll-Free:1-888-656-6611
www.cariboorose.com
Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
Copyright (c) 2025 TheNewswire - All rights reserved.
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