Cariboo Rose, BRS await Cowtrail assay results

Executive Summary

• Cariboo Rose Resources and BRS Resources reported completion of four diamond drill holes (1,100 m total) at the Cowtrail copper‑gold project in August 2025.
• All three deepest holes reached 350 m, intersecting mineralized diorite, quartz monzonite and andesite; assay results are pending.
• The Cowtrail project remains 100 % owned by Cariboo Rose with BRS holding an option to earn a 60 % interest by meeting $2 M in exploration spend, $200 k cash payment and issuance of $200 k of shares by 19 Dec 2027.

Key Details

• Drilling Program: Four diamond drill holes completed in August 2025, totaling 1,100 m; three holes reached the maximum planned depth of 350 m.
• Lithology Intersected: Diorite, quartz monzonite and andesite, each variably altered and mineralized.
• Assay Status: Results are pending for all holes.
• Option Agreement with BRS Resources:
• BRS may earn a 60 % interest in Cowtrail by:
  • Spending $2 M on exploration expenditures,
  • Paying $200,000 cash, and
  • Issuing shares valued at $200,000,
• Deadline to satisfy these conditions is 19 Dec 2027.
• Historical Drilling Context: Reconnaissance drilling in 1997, 2004, 2008, 2011 and 2023 identified induced‑polarization anomalies indicating a mineralization vector trending southwest beyond previously tested zones.
• Lea Lake Zone Past Intercepts (for context):
• 0.15 % Cu & 0.11 g/t Au over 105.0 m,
• 0.17 % Cu & 0.11 g/t Au over 40.0 m,
• 1.16 g/t Au over 18.3 m.

Notable Quotes

No direct quotes were provided in the release.