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Cariboo Rose Resources ( (TSE:CRB) ) has provided an announcement.
Cariboo Rose Resources Ltd. announced the approval of its acquisition of the Thunder Ridge gold-silver property, which is adjacent to its existing Lightning Strike property in British Columbia. This strategic move allows the company to fully acquire Thunder Ridge by making cash payments and share issuances over three years. The Thunder Ridge property has shown impressive historical drill results, enhancing Cariboo Rose’s potential in gold-silver exploration. This acquisition strengthens the company’s position in the gold-silver exploration industry, potentially increasing its value and appeal to stakeholders.
More about Cariboo Rose Resources
Cariboo Rose Resources Ltd. is a mining company focused on the exploration and development of gold and silver properties in British Columbia. The company operates primarily in the mineral exploration industry, with a market focus on acquiring and developing promising mineral claims.
YTD Price Performance: -4.00%
Average Trading Volume: 25,392
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$2.78M
Find detailed analytics on CRB stock on TipRanks’ Stock Analysis page.