Cariboo Rose Resources announced that the initial 1,463m drill program at its 100% owned Lightning Strike project located in the Cariboo Region of southcentral BC, approximately 60 kilometers northeast of the community of 100 Mile House, has been completed. Eleven holes were drilled, and samples are being shipped to the lab and results will be published as soon as they are received. Lightning Strike is a shale hosted gold project located approximately 35 kilometers south of the Fraser Gold project currently being explored by Karus Gold Corp, formerly part of Kore Mining Limited and 95 kilometers southeast of the Spanish Mountain project currently being explored by Spanish Mountain Gold Ltd. Lightning Strike, Frasergold and Spanish Mountain share a common geological setting in a Triassic aged shale-siltstone sequence where gold mineralization is attributed to the orogenic model. Shale hosted orogenic gold deposits, also called sediment hosted vein deposits, are one of the most attractive models for large gold deposits in the world and include the giant Murantau and Sukoy Log deposits in Russia with resources of ±80 million ounces and ±20 million ounces gold each.