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Cariboo Rose Resources ( (TSE:CRB) ) has shared an announcement.
Cariboo Rose Resources reported encouraging diamond drill results from two holes totaling 568 metres at its Lightning Strike Gold-Silver Project in British Columbia, highlighted by hole LSD25-01, which cut 44.4 metres grading 0.77 g/t gold and 37.1 g/t silver, equivalent to 1.51 g/t gold. The results, generated using PhotonAssay analysis by independent, accredited MSA Labs, reinforce the project’s potential when viewed alongside earlier drilling that returned broad and locally high-grade gold intervals, underscoring Lightning Strike’s prospectivity and supporting the company’s efforts to advance a potentially significant, road-accessible gold-silver system in a well-endowed regional mining belt.
More about Cariboo Rose Resources
Cariboo Rose Resources Ltd. is a mineral exploration company focused on gold and silver projects in British Columbia, including its 100%-owned, road-accessible Lightning Strike Gold-Silver Project spanning 4,193 hectares northeast of 100 Mile House. The property hosts orogenic, sediment-hosted gold-silver mineralization in a setting comparable to notable regional deposits such as Spanish Mountain and Frasergold, and has been the subject of historical trenching and drilling that identified multiple zones of anomalous to high-grade mineralization.
Average Trading Volume: 79,450
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$3.48M
Learn more about CRB stock on TipRanks’ Stock Analysis page.