Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Drill Results

Cariboo drills 44.4 m of 1.51 g/t AuEq at Lightning

By The Northwire Desk — AI Analysis Jan 22, 2026 · 20:14 CRB · 0.085 Cariboo Rose Resources Ltd.
CRB · Price

Executive Summary

  • Cariboo Rose Resources Ltd. announced drill results from two diamond drill holes (totaling 568 meters) at its 100%-owned Lightning Strike gold-silver project in British Columbia.
  • The primary highlight is Hole LSD25-01, which intersected 44.4 meters grading 0.77 g/t gold and 37.1 g/t silver, equivalent to 1.51 g/t gold equivalent.
  • The company highlights the project's geological potential, citing historical high-grade intercepts and its location within the Quesnel terrane, analogous to major deposits like Muruntau and Sukhoi Log.

Key Details

  • Project Location: Lightning Strike gold-silver project, 60 km northeast of 100 Mile House, British Columbia; 4,193-hectare 100%-owned property.
  • Drilling Summary: Two diamond drill holes completed, totaling 568 meters.
  • Hole LSD25-01 Results:
    • Intercept: 44.4 meters
    • Grade: 0.77 g/t gold and 37.1 g/t silver
    • Gold Equivalent: 1.51 g/t gold equivalent
  • Gold Equivalent Calculation: Combined value of gold and silver in one tonne of rock divided by the value of gold in one tonne of rock grading 1.00 g/t gold, based on $4,000/oz gold and $80/oz silver.
  • Historical Context:
    • Historical work by Homestake Mining (1984) and Skygold Resources Ltd. identified mineralization.
    • Trenching revealed quartz-carbonate boulders with gold up to 25.1 g/t and silver up to 216.8 g/t.
    • Previous drilling (2008-2010) completed 31 holes, all returning anomalous to strongly mineralized gold intercepts.
    • Significant historical intercepts cited: 0.77 g/t gold over 54.0 m; 3.42 g/t gold and 228.1 g/t silver over 5.0 m; 2.88 g/t gold over 24.0 m; and 8.84 g/t gold over 7.5 m.
  • Sampling and Analysis:
    • Core (4.5 cm diameter) cut lengthwise; sampled on ~1 meter increments.
    • Samples analyzed by MSA Labs (Langley, B.C.), an ISO 17025-accredited independent lab.
    • Method: Photon assay (X-ray assay procedure) using high-energy X-rays for enhanced analysis of gold, silver, copper, and complementary elements.

Notable Quotes

  • "Hole LSD25-01, with an intercept of 44.4 metres (m) grading 0.77 g/t gold and 37.1 g/t silver (1.51 g/t gold equivalent), demonstrates the great potential of the road-accessible, Lightning Strike project." — J.W. (Bill) Morton, PGeo, Director
Read the original news release →

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