Cariboo Rose Resources Ltd. reported the acquisition of a new gold project in south-central British Columbia. The project called Koster Dam is located immediately southwest of the historic Gang Ranch and approximately 18 kilometres north of the former producing Blackdome gold-silver mine (80 kilometres southwest of the city of Williams Lake). Significance in Koster Dam is two fold: It appears that a significant geochemical gold anomaly has been identified but left untested; The claims fall within the Cretaceous/Eocene Age Nechako Basin which has recently become a significant gold environment with targets including the Newton Hill occurrence located 90 kilometres to the west, the Blackwater Davidson occurrence located 220 kilometres to the northwest and the Blackdome Mine located 18 kilometres to the south. Cariboo Rose intends to start evaluation of Koster Dam with a program focusing on prospecting and detailed rock and sediment sampling.

Cariboo Rose Resources Ltd, Annual General Meeting, Jul 23, 2012.

Fjordland Exploration Inc. and Cariboo Rose Resources Ltd. reported that Gold Fields Horsefly Exploration Corporation has forwarded drill results from twelve new holes (5,052 m) of the 2011 infill and expansion diamond drilling program at Woodjam South. The drilling is testing a defined core area of mineralization measuring approximately 900 m by 800 m on the Southeast Zone of the Woodjam South copper-gold-molybdenum property. The Property is located 45 km east of Williams Lake in south- central British Columbia. Hole SE11-45 was collared approximately 100 m southwest of hole SE10-15 to test the western area, and encountered copper-molybdenum mineralization from approximately 104 m to the end of the hole at 422.45 m. Hole SE11-46 was collared between holes WJ08-80, WJ08-82 and SE10-19 to test the northeastern area of the mineralization. Hole SE11-46 encountered copper-gold-molybdenum mineralization from the top of the bedrock to the end of the hole at 422.5 m. Hole SE11-47 was collared between holes SE10-12, SE10-16 and SE11-12 to test the southwestern area of the mineralization. Copper-gold-molybdenum mineralization was intersected from the top of the bedrock to the end of the hole at 417.6 m. Five narrow, post-mineral plagioclase porphyry dykes were also intersected. Hole SE11-49 was collared approximately 120 m east of hole SE11-44 to test the northeastern extent of the mineralization. Copper-gold-molybdenum mineralization was intersected from the top of the bedrock at 146.3 m to the end of the hole at 404.2 m. Hole SE11-50 was collared approximately 75 m west-southwest of hole SE10-17 to test for mineralization in the southwestern portion of the core area. Anomalous copper-gold-molybdenum mineralization was intersected from the top of the bedrock at 84.4 m to the bottom of the hole at 425.2 m. Hole SE11-51 was collared approximately 60 m west of hole SE11-34 to test for higher-grade mineralization in the west-central part of the core area. Copper-gold-molybdenum mineralization was intersected from the top of the bedrock to the bottom of the hole at 443.8 m (316 m grading 0.40% Cu, 0.04g/t Au and 0.02% Mo). Hole SE11-52 was collared approximately 120 m northeast of hole SE11-54 to test for the northern extent of mineralization. The upper part of the hole contained very little mineralization; the lower part contained low-grade copper mineralization from approximately 350 m to the bottom of the hole at 419.4 m. Hole SE11-53 was collared between holes SE10-09 and WJ08-95 to test the eastern extent of the mineralization; it was a retry at the same location of holes SE11-42 and SE11-43 which were lost in mineralization and in overburden, respectively. Anomalous copper mineralization was encountered from the bedrock surface at 119 m to the bottom of the hole at 417 m. Hole SE11-54 was collared approximately 100 m north of hole SW10-18 to test the northwest extent of the mineralization. No mineralization was encountered from the top of the bedrock at 49 m to about 278 m; below this, anomalous copper mineralization was observed to the bottom of the hole at 407 m. Hole SE11-55 was collared halfway between holes WJ08-89, SE11-38, SE11-40 and SE11-41 to test the southwestern extent of the mineralization. After drilling through a 32-m post-mineral dyke starting at 113 m, anomalous to moderate copper mineralization was encountered to the bottom of the hole at 428 m. Hole SE11-56 was an infill hole collared directly between holes WJ08-85 and SE11-28 and approximately 80 m southwest of hole SE11-25 to test for higher grade mineralization. Copper and gold mineralization was encountered from the top of the bedrock at 131 m to the end of the hole at 428.6 m (297.5 m grading 0.27% Cu and 0.07g/t Au). Hole SE11-57 was collared 50 m east of hole SE10-18 to test the northwestern extent of the mineralization. Anomalous to moderate copper mineralization was encountered from top of hole at 70.1 m to the bottom of the hole at 405 m.