Vancouver, BC – August 18, 2025 – TheNewswire - BRS Resources Ltd. (“BRS”) (TSX-V: BRS) and Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSX-V: CRB) are pleased to announce that drilling has commenced at the Cowtrail Copper-Gold Project, located near the community of Horsefly in the Cariboo region of south-central British Columbia.
The 4,592-hectare (11,066-acre) Cowtrail property lies 15 kilometres southeast of Imperial Metals Corporation’s operating Mt. Polley Mine and is contiguous with the Woodjam and Redgold copper-gold porphyry projects owned by Vizsla Copper Corp. Cariboo Rose has held 100% ownership of the property since 2004.
Situated within the prolific Jurassic–Triassic Quesnel Terrane, Cowtrail is prospective for copper-gold porphyry mineralization. Past exploration, including reconnaissance drilling in 2007 and 2011, defined a southwest-trending vector of increasing mineralization beyond earlier drill coverage. Historical intercepts include:
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1.16 g/t gold over 18.3 metres (hole 07-DDH-1)
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0.17% copper and 0.11 g/t gold over 40.0 metres (hole CT11-12)
Soil surveys in 2006 and 2021 identified a strong gold-arsenic anomaly coincident with a pronounced induced polarization (IP) chargeability anomaly located 1.5 kilometres west of prior drilling.
A five-hole drill program completed in 2023 tested the Lea Lake and BM Breccia areas. The highlight was hole CT23-16, which returned 0.15% copper over 105.0 metres, including 0.23% copper and 0.11 g/t gold over 15.0 metres. This hole was collared 45 metres south of CT11-12, with mineralization remaining open to the south (see February 20, 2024 news release).
The 2025 program aims to drill four new holes, each 250–300 metres deep, in the Lea Lake area to expand on the mineralization intersected in CT23-16.
Under an agreement dated December 19, 2022, BRS may earn a 60% interest in Cowtrail by completing $2,000,000 in exploration expenditures and making $400,000 in cash and share payments over five years. Upon vesting its 60% interest, a joint venture will be formed. If Cariboo Rose’s interest is reduced below 15%, it will convert to a 2.5% NSR royalty, reducible to 1% with a $2,000,000 payment.
Qualified Person
J.W. (Bill) Morton, P.Geo., a director of Cariboo Rose and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.
Contact Information
Phone: (604) 681-7913 | Toll Free: 888-656-6611
Website: www.cariboorose.com
