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Cariboo Rose Resources Ltd.

03:46 PM EST - Cariboo Rose Resources Ltd. : announced that it has regained a 100% interest in the Carruthers Pass volcanogenic massive sulphide prospect located in northern British Columbia. Carruthers Pass was acquired by Cariboo Rose from the Phelps Dodge Corporation of Canada Limited (later Freeport-McMoRan of Canada Limited) in 2003. The agreement with Phelps Dodge required Cariboo Rose to pay $120,000 (or issue shares valued at payment requirements), and complete $750,000 in exploration by May 31, 2012. Cariboo Rose entered into subsequent option deals with Maxtech Ventures Inc., Hawthorne Gold Corp. and La Quinta Resources Corp. that satisfied these requirements by May 31, 2012. On Sept 30, 2013, the option agreement between Cariboo Rose and La Quinta Resources Corp. was terminated, and Cariboo Rose Resources regained a 100% interest in the project. Cariboo Rose Resources Ltd. shares V.CRB are trading unchanged at $0.05.