Currie Rose drills 31 m of 5.97 g/t Au in Tanzania
Currie
Rose Resources Inc (C:CUI)
Shares Issued 35,832,237
Last Close 6/13/2007 $0.35
Thursday June 14 2007 - News Release
Mr.
Harold Smith reports
CURRIE
ROSE RESOURCES INC.: DRILLING AT MABALE HILLS IN TANZANIA RETURNS ENCOURAGING
Currie
Rose Resources Inc. has provided drilling results for Mabale Hills.
Results
highlights:
- MBND001 -- 31 metres grading 5.97 grams per tonne
gold from 29 metres at Mwamazengo;
- MBNR-D002 -- six metres grading 5.85 g/t gold
from 105 metres at Mwamazengo;
- MBNR024 -- six metres grading 3.77 g/t gold from
15 metres at Dhahabu.
Currie
Rose Resources advises that exploration activity on the Mabale Hills project in
Tanzania, Africa, which forms part of the Lake Victoria joint venture with
Australian-listed Sub-Sahara Resources NL, has returned further significant
gold intercepts, and drilling continues despite delays which have occurred due
to ground and drilling conditions.
Exploration
activity to date has focused on the Mwamazengo and the newly identified Dhahabu
anomaly.
Mwamazengo
The
initial discovery at Mwamazengo, using reverse circulation (RC) drilling,
tested the zone to 100 metres vertical depth, on a 40-metre by 80-metre grid
over a strike of 250 metres. The current program has extended the depth of
mineralization to 120 metres with one hole (MBNR-006, results pending) testing
the potential of the ore zone to 175 metres vertical depth. The Mwamazengo
discovery has now been drilled on a 40 m by 40 m pattern and remains open at
depth.
A total
of 604.5 metres of diamond drilling has been completed in seven drill holes
(MBND001 and MBNR-002 to MBNR-007). Very good results were returned from the
first two holes. Drilling is continuing and further results will be released by
the company once received.
Three
reverse circulation drill holes have also been completed for a total of 303
metres (MBNR021 to MBNR023). The company released results of drill holes
MBNR021 and MBNR022 on May 4, 2007, and both of these drill holes intersected
significant gold intercepts. Drill hole MBNR023 has returned a weaker result
but further confirms two zones of mineralization.
In
addition, a total of 47 (MBNB134 to MBNB180) shallow rotary air blast (RAB)
drill holes totalling 1,842 metres was completed in the area surrounding the
Mwamazengo discovery. This drilling has returned a number of low-order
geochemical responses that will require further activity.
A
close-spaced ground magnetic geophysical survey has also been completed to
assist in defining the structural controls on mineralization at Mwamazengo.
Dhahabu
The
Dhahabu prospect covers an extension to the Mwamazengo discovery situated five
kilometres to the south. Exploration activity at Dhahabu identified a
coincident geophysical and geochemical anomaly, and a total of 780 metres of RC
drilling has been completed in six holes (MBNR024 to MBNR030). The results have
returned mixed results with only one drill hole (MBNR024) returning a
significant intercept. Dhahabu will undergo further assessment prior to
additional drilling but management is encouraged by this initial result as it
confirms the potential of the prospect.
MABALE HILLS -- SIGNIFICANT DRILL INTERCEPTS
Easting Northing From To Interval Gold
Hole ID (mE) (mN) (m) (m) (m) (g/t) Prospect
MBND001 482175 9649865 29 60 31 5.97 Mwamazengo
including 29 39 10 10.52
MBNR-D002 482134 9649865 85 91 6 2.53 Mwamazengo
and 105 111 6 5.85
MBNR023 482,204 9,649,740 17 19 2 0.84 Mwamazengo
and 26 28 2 1.11
and 80 87 7 0.94
including 82 86 4 1.31
MBNR024 480,256 9,657,060 1 3 2 1.19 Dhahabu
and 9 15 6 3.77
including 13 14 1 17.5
Notes:
- All assay values are uncut.
- As there is insufficient data to calculated true
widths, drill-intercept lengths only are reported.
- A quality assurance/quality control program is
part of the drilling program on the Mabale Hills project. This program
includes chain-of-custody protocol as well as systematic submittals of
standards, duplicates and blank samples into the flow of samples produced
by the drilling.
- A description of the geology, sampling procedures
and the company's laboratory quality assurance/quality control procedures
are as described in the company's National Instrument 43-101 technical
report filed on March 21, 2005. This report is available on SEDAR.
- Samples are prepared and analyzed at Humac
Laboratories, Mwanza, Tanzania.
- The qualified person for the release of this
exploration information is Michael Griffiths, AusIMM, director of Currie
Rose Resources and managing director of Sub-Sahara Resources NL.
© 2007
Canjex Publishing Ltd.