CURRIE ROSE RESOURCES INC.
102-110B Hannover Drive
St. Catharines, Ontario L2W 1A4
Telephone: 905-688-9115
info@currierose.com
Investor Relations Office:
300-1055 West Hastings Street
Vancouver, B.C. V6E 2E9
604-662-4955
NEWS RELEASE
TRADING SYMBOL: CUI March 26, 2009
The Company is pleased to announce it has amended the agreement with Sekenke Resources Ltd., signed April 3, 2006.
Currie Rose will have a further three years to complete an expenditure of $650,000 to earn a further 21% bringing Currie?s interest to 51%, and five years to complete a bankable feasibility study to bring Currie?s interest to 70%.
Currie will make payment of 250,000 shares of the Company on acceptance of the agreement and 250,000 shares on the next three anniversary dates of the agreement.
The Iramba-Sekenke Greenstone Belt hosts a number of colonial gold mines and has been explored by a number of companies (including Barrick Gold Corp.) during the past decade.
Recent exploration by Currie Rose identified a NW-SE trending structure within previously under-explored properties on the Iramba Plateau, a block of Archean basement that was uplifted during the East African rift event. The structure, about 1200 m by 800 m, is located 10 km east of the Sekenke gold mine (1909-1959: 4370 kg Au, average grades 15.4 g/t Au, 2.5 g/t Ag). The structure is defined as strongly sheared basic volcanic rocks that host numerous vertical quartz reefs. Rock-chip samples collected in 2008 by Currie Rose from auriferous quartz reefs have yielded assay values up to 3.3 g/t Au. Highly anomalous gold values returned by assays of stream sediment samples, collected from the local drainage system, further indicate the good potential for definition of a quartz reef-hosted gold deposit. In 2009, the Company plans to extensively explore the newly identified structure by means of trenching, ground geophysical surveys, and follow-up drilling of geologically and geophysically defined targets.
Over the past ten years Tanzania has developed into a very attractive exploration destination and companies such as Barrick Gold Corp. (excess of 24 million ounces of gold) and AngloGold-Ashanti (14.6 million ounces of gold) have acquired and developed world class gold mines. The management of Currie sees this acquisition as a key project to further develop the Company?s potential.
ON BEHALF OF THE BOARD OF DIRECTORS
?Harold Smith?
Harold Smith, President
The Qualified person for the release of this exploration information is Michael Griffiths, AusIMM, Director of Currie Rose Resources Inc.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.