The Leesiders boss was pleased with the attitude shown by his players to claw back into the game against the Bit O' Red at Turner's Cross
The Leesiders were trailing by a goal with three minutes to go in the game before Mark O'Sullivan was fouled in the box by Kalen Spillane and Billy Dennehy scored from the resultant penalty to snatch a draw at Turner's Cross.
"We have a young team with tremendous character. They didn't lose their heads," Caulfield told reporters after the game.
"Overall, of course we're happy. It just shows that there is character in this team," added the Cork boss. "It was the first time all season we went one behind, and against a team like Sligo, but thankfully we rescued a point."
A major talking point from the game came after just three minutes, when Garry Buckley collided with Sligo Rovers goalkeeper Gary Rogers while challenging for a cross.
As a result of the collision, Buckley had to be taken to hospital, adding to the club's injury list, which aready includes Colin Healy, Darren Dennehy, Danny Morrissey, Michael Rafter and Anthony Elding.
However, while he was sorry to lose the midfielder, Caulfield stressed that it was important for managers to be responsible concerning head injuries and said that the player's welfare must come first.
"As a manager you have to be responsible. At the end of the day, he's only a young boy and you can't be taking chances," he said.
"We decided there and then that he would come off and the doctor said he was better off going to the hospital, so that was fair enough."