District Metals

Cariboo Rose Resources Completes RC Drill Program at Canadian Creek Project

Vancouver, BC / TheNewswire / August 31, 2017 - Cariboo Rose Resources Ltd. (TSX-V: CRB) ("Cariboo Rose") is pleased to announce it has completed 24 reverse circulation drill holes (2,142 m) at its Canadian Creek project in the Yukon. The predominant geological characteristic of drill targets were linear geophysical or geochemical breaks coinciding with anomalous gold and arsenic soil values. Assay results are expected before the end of September.

The Canadian Creek property is located approximately 160 km south of Dawson City and encompasses 311 claims. It abuts Western Copper and Gold Corp's (TSX: WRN) Casino porphyry copper-gold-molybdenum property on the east and Goldcorp Inc.'s (TSX: G, NASDAQ: GG) Coffee property on the north, sharing a 12 km long boundary with Coffee and a six km boundary with Casino. Both Coffee (Goldcorp) and Casino (Western Copper and Gold) have published multimillion ounce gold resources.

J.W. (Bill) Morton, P.Geo. is a qualified person within the context of National Instrument 43-101, and has read and takes responsibility for this news release.

About Cariboo Rose Resources Limited

In addition to its 100% owned Canadian Creek property in the Yukon, Cariboo Rose owns interests in five mineral projects in British Columbia four of which are 100% owned. Cariboo Rose also owns a strategic investment in Western Copper and Gold Corp. 

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DISTRICT METALS (TSX.V: DMX)

District Metals

District Metals is led by industry professionals with a track record of success in the mining industry. The company's Viken property covers 100% of the Viken deposit, which is amongst the largest deposits by total historic mineral... LEARN MORE