In early 2004, Cariboo Rose staked the Cowtrail claim over an airborne magnetic anomaly in Takla Group rocks south of the Mount Polley Mine. The property was targeted on the basis of a regional magnetic signature analogous to the Mount Polley mine, combined with the occurrence of a copper-gold showing and the proprietary knowledge of an induced polarization anomaly.

In early 2005 Cariboo Rose acquired the adjacent Hook and Rat claim groups.

Geology

The Cowtrail property is located five kilometres southeast of the existing Mt. Polley mine, operated by Imperial Metals Corporation. It covers a magnetic feature that extends to the northwest from a buried weakly mineralized alkalic intrusive discovered by drilling completed by Eastfield Resources and Imperial Metals Corporation in 1998.

Dajin Resources Corporation completed 35 kilometres of an induced polarization survey in 2006. Drilling in 2007 to follow up made a new discovery which intersected 1.16 g/t Gold Over 18.3 Metres. This adds to the overall potential of the property and plans are being made for 2008.

Status

The Cowtrail property was optioned to Dajin Resources, who may earn a 65% interest by making cash payments of $110,000 and exploration expenditures of $1M by August 2010.

Maps

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Cowtrail Drill Targets Map
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Cowtrail Claim Map
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Cowtrail Regional Mag Fig 5
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Regional Geology
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IP Survey Lines
 

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