Cariboo Rose Resources Ltd. is a Canadian public resource company with properties in British Columbia and the Yukon. Cariboo Rose trades on the TSX - Venture exchange under the symbol CRB. The company operates six significant gold and copper exploration projects with active development programs. Cariboo Rose partners with other companies to fund exploration of these properties, a strategy that reduces risk to investors and increases leverage. Cariboo Rose recently optioned the company's Woodjam North property to Gold Fields Ltd. who will be conducting exploration under a three year option deal. Gold Fields is one of the world's largest unhedged producers of gold with attributable production of four million ounces per annum from nine operating mines in Peru, South Africa, Ghana and Australia. Woodjam South was retained by Cariboo Rose and holds a copper-gold-molybdenum porphyry project with significant size potential. Gold Fields has given notice that they have exercised a right of first refusal and intend to explore on the property in 2010. Cariboo Rose is part of The Eastfield Group, a family of companies with the same experienced management team. Affiliated companies include Eastfield Resources and Lorraine Copper. |
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