Gold Fields Granted Option on Woodjam South Property, BC

Cariboo Rose Resources Ltd. (TSX-V: CRB) and Fjordland Exploration Inc., the Woodjam Joint Venture (“WJV”) 60%-40% partners, announced that effective May 20, 2010, Gold Fields Horsefly Exploration Corporation, a member of the Gold Fields Limited group of companies has been granted an option on the WJV’s Woodjam South property.

The press release is quoted as saying:

Located in south-central British Columbia, 45 km east of the city of Williams Lake, the Woodjam South property includes the Southeast copper-gold-molybdenum zone, discovered by the WJV in 2008 and claims to the south and southwest (in total an area of 13,807 hectares), subsequently acquired by the WJV.

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