Caribou Resources Starts Work at Tahts Reach Gold Property

Caribou Resources (TSXV:CKR) reported the start of a ground program at the 100% owned Tahts Reach property, adjoining Gold Reach Resources Ltd.’s Ootsa Property on the northeast boundary, and near the Huckleberry Cu-Mo-Au Mine in central British Columbia.

As quoted in the press release:

The Tahts Reach claims cover 1,800 hectares and are situated on the northeast boundary of Gold Reach Resources’ Ootsa Property, which includes the Ox deposit with a NI 43-101 compliant inferred mineral resource containing 16.1 million tonnes grading 0.3% copper and 0.04% molybdenum (see Gold Reach news release dated February 5, 2008). More recently, on its West Seel deposit, Gold Reach intersected 537 meters grading 0.65% copper equivalent including 128 meters grading 1.01% copper equivalent (see Gold Reach news release dated October 10^th, 2012). The claims are also only 30 kilometers east of the Huckleberry Mine, which currently produces Cu, Au and Mo from a 16,000 tonne per day operation.

Click here to view the full press release.