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Caribou King Resources Ltd.

11:45 AM EST - Caribou King Resources Ltd. : announced that ground-based electromagnetics has identified four significant conductors on its 100%-owned Mulloy graphite project, located ten kilometers west of the Zenyatta Ventures Ltd. Albany graphite project in Ontario. Measurements taken over 325 metres along a claim line identified four horizontal loop EM conductors that are near historic drilling that encountered 90% visual graphite in 18.68 meters of graphitic schist, followed by a second graphitic schist intersected over 19.78 metres for a total of 38.46 metres. Caribou King Resources Ltd. shares V.CKR are trading up $0.015 at $0.07.