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Cariboo Rose Resources ( (TSE:CRB) ) has issued an update.
Cariboo Rose Resources Ltd., in collaboration with BRS Resources Ltd., has commenced drilling at the Cowtrail Copper-Gold Project located in the Cariboo region of British Columbia. This project is situated near other significant copper-gold porphyry projects and aims to explore the potential mineralization within the Jurassic–Triassic Quesnel Terrane. The 2025 drilling program will focus on expanding mineralization identified in previous explorations, with BRS Resources having the opportunity to earn a 60% interest in the project through exploration expenditures and cash and share payments. This initiative could enhance the project’s value and strategic positioning within the copper-gold mining sector.
More about Cariboo Rose Resources
Average Trading Volume: 42,072
Technical Sentiment Signal: Buy
Current Market Cap: C$2.9M
Learn more about CRB stock on TipRanks’ Stock Analysis page.