Currie Rose Mabale Hills and Sekenke Update-Tanzania
26 10월 2011 - 2:15AM
Marketwired
Currie Rose Resources Inc. (TSX VENTURE:CUI)(PINK SHEETS:CUIRF)
("Currie" or "the Company") is pleased to provide an update on the
Company's drilling activities at the Mabale Hills and Sekenke
Projects situated in the Lake Victoria greenstone belt of Tanzania,
East Africa.
Mabale Hills Project
Currie Rose has completed an extensive drilling program designed
to follow up on encouraging results from previous work at Sisu
River and Dhahabu.
The first part of the program involved 1,923 metres of Reverse
Circulation (RC) drilling in 16 holes at Sisu River. While
disseminated sulphides were intersected in each hole, assay results
returned only narrow gold intercepts. The Sisu River anomaly was
extended but the gold grade did not improve. Significant intercepts
are shown in the table below.
Table 1: Sisu River Significant Intercepts:
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Hole Easting Northing From To Interval Gold
Number (UTM) (UTM) (m) (m) (m) (g/t)
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MBMR027 488553 9655298 128 130 2 2.68
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MBMR028 488530 9655264 53 53 3 1.11
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MBMR029 488508 9655224 108 109 1 1.05
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MBMR034 488742 9655628 47 48 1 1.05
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MBMR037 488762 9655600 73 74 1 1.30
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MBMR037 488762 9655600 87 88 1 1.44
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MBMR040 488584 9655276 23 24 1 1.06
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MBMR041 488520 9655319 18 19 1 1.01
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MBMR041 488520 9655319 127 128 1 1.36
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Note:
1. Drill intercept lengths are down-hole lengths reflecting apparent widths
of mineralization.
2. The calculation of drill intercepts employs a 0.5 g/t gold cut-off with
1m of internal dilution and no cutting grade has been applied to high
gold values.
3. All intercepts fall within Currie's Mwamazengo claim block. A location
map can be found on the Company's website, www.currierose.com.
At Dhahabu, 1.5 kilometers northwest of Sisu River, 4 RC holes
(556 m) were drilled based on earlier drilling and an IP (Induced
Polarization) ground based geophysical survey. No significant
results were returned and the Company will review all data from
Dhahabu prior to any additional drilling at this prospect.
A Rotary Air Blast (RAB) drilling program totalling 1,989 metres
from 69 holes has also been completed over the wider Sisu River
area where a number of abandoned surface workings, soil anomalies
and interpreted Landsat alteration anomalies indicate potential
gold mineralization. Assay results from this drilling are still
pending.
Sekenke Project
At Sekenke, a target area was defined by soil sampling with
coincident Landsat alteration interpretation and geological
mapping. Rotary Air Blast (RAB) drilling totalling 2,396 metres has
been completed and results are pending.
Additional information and public documents about Currie, can be
viewed at the Company's website www.currierose.com or at
www.sedar.com.
BY ORDER OF THE BOARD OF DIRECTORS OF CURRIE ROSE RESOURCES
INC.
Harold Smith, President
The planning, execution and monitoring of quality control
programs are under the supervision of Michael Griffiths, BSc Dip
Ed, FAusIMM, GAICD, Currie's Director. Mr. Griffiths is the
qualified persons as defined by National Instrument 43-101. Currie
utilizes an industry standard QA/QC protocol with respect to
sampling procedures. Blanks, and certified reference standards are
inserted into the sample stream to monitor laboratory performance
and duplicates of pulps and bulk rejects are also used to monitor
laboratory performance.
"This news release includes certain forward-looking statements
or information. All statements other than statements of historical
fact included in this release, including, without limitation,
statements relating to the potential mineralization and geological
merits of the and properties and other future plans, objectives or
expectations of the Company are forward-looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's plans or expectations
include risks relating to the actual results of current exploration
activities, fluctuating gold prices, possibility of equipment
breakdowns and delays, exploration cost overruns, availability of
capital and financing, general economic, market or business
conditions, regulatory changes, timeliness of government or
regulatory approvals and other risks detailed herein and from time
to time in the filings made by the Company with securities
regulators. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise
except as otherwise required by applicable securities
legislation."
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Currie Rose Resources Inc. Harold Smith President
(905) 688-9115www.currierose.com
Currie Rose Resources (TSXV:CUI)
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