Currie Rose Resources Inc.

Published : March 21st, 2007

Identifies New Gold Target with JV Partner Barrick Gold

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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 21, 2007

 

 

DRILL RESULTS IDENTIFY A NEW GOLD TARGET AT THE JUBILEE REEF PROJECT, TANZANIA

 

Currie is pleased to announce the results of a 17 hole “scout” Reverse Circulation (RC) drilling programme completed by Barrick last quarter. The drilling successfully tested a number of VTEM geophysical anomalies and historic geochemical anomalies.

 

Highlights

 

JBRRC002 –                  20 metres grading 0.94g/t gold from 175 metres and including

                                      4 metres grading 3.94g/t gold from 181 metres,

JBRRC007 –                    7 meters grading 2.9g/t gold from surface and including

                                      2 metres grading 7.8 g/t gold from 5 metres and

                                    22 metres grading 1.35 g/t gold from 121 metres

 

Two holes (JBRRC007 and JRRC008) were drilled at the Panapendeza prospect confirming previous Rotary Air Blast (RAB) drilling whilst drilling at the Tembo prospect (JBRRC002-JBRRC004) identified broad low grade gold mineralisation highlighted by an intercept of 4 metres grading 3.94 g/t gold (Table 1). A map showing the prospect locations can be viewed at www.currierose.com

 

The Jubilee Reef Project is located the Siga Hills region of the Lake Victoria Gold Field in Tanzania. The Project area is the host for the first gold mine (1898) in Tanzania known as the Augusta Victoria and lies approximately 35km south of the Barrick owned Bulyanhulu Gold Mine.

 

 

 

 

 

Table 1: Jubilee Reef – Significant Reverse Circulation Drill Results

 

Jubilee Reef

Hole ID.

COORDINATES

ASSAY RESULTS

Prospect

Easting.

Northing.

From

(m).

To

(m).

Width

(m).

Grade

(g/t).

Tembo

JBRRC001

443996

9612721

49

59

10

0.38

 

 

 

including

54

57

3

0.81

Tembo

JBRRC002

444197

9612743

175

196

20

0.94

 

 

 

including

181

185

4

3.94

Panapendeza

JBRRC007

441187

9607804

0

7

7

2.9

 

 

 

including

5

7

2

7.8

 

 

 

 

121

143

22

1.35

 

 

 

including

123

131

8

2.52

Panapendeza

JBRRC008

441387

9607936

28

29

1

0.53

Sungura

JBRRC013

444642

9610570

157

158

1

1.04

 

Previous Exploration by Sub-Sahara Resources NL identified 6 prospective targets at Jubilee Reef. In all cases, successful geochemistry techniques have been followed by Rotary Air Blast (RAB) drilling and the recent Barrick initiative has confirmed 3 of these areas with co-incident airborne geophysics and RC drilling.

 

Historic peak RAB drilling intercepts include:

 


I.                     19 metres grading 3.96g/t gold from 26 metres at Panapendeza

II.                   28 metres grading 2.94 g/t gold from surface at Shangaza

III.                 12 metres grading 1.43 g/t gold from 16 metres at Masabi &

IV.                 8 metres grading 1.33 g/t gold from 14 metres at Sungura.

 

Management remains confident that the Jubilee Project has the potential to host significant gold resources and look forward to further exploration activity by Barrick at the conclusion of the wet season.

 

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 MausIMM, Director of Currie Rose Resources Inc. And Chief Executive Officer/Director of Sub-Sahara Resources NL>

 

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Currie Rose Resources Inc.

EXPLORATION STAGE
CODE : CUI.V
ISIN : CA2319004081
CUSIP : 231900
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Contact Cpy

Currie Rose Res. is a silver and copper exploration company based in .

Currie Rose Res. holds various exploration projects in Canada and in Tanzania.

Its main exploration properties are LAONIL LAKE and SUDBURY CURRIE ROSE in Canada and JUBILEE REEF, MABALE and NYAMIREMBE in Tanzania.

Currie Rose Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.1 millions as of today (US$ 1.7 millions, € 1.6 millions).

Its stock quote reached its highest recent level on February 28, 1997 at CA$ 2.25, and its lowest recent point on July 20, 2017 at CA$ 0.01.

Currie Rose Res. has 35 701 313 shares outstanding.

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In the News and Medias of Currie Rose Resources Inc.
3/24/2006Information Memorandum
Financings of Currie Rose Resources Inc.
4/24/2013Non-Brokered Private Placement
11/8/2007Closes $1,668,800 brokered private placement by Bolder Inve...
Nominations of Currie Rose Resources Inc.
8/5/2008appoints Benn as VP exploration
Project news of Currie Rose Resources Inc.
2/3/2009(Mabale)Mabale exploration to focus on Mwamazengo
8/27/2008(Mabale) starts new phase of drilling at Mabale
6/25/2008(Mabale Hills)completes stage 1 drilling at Mabale Hills, Sizu River drill...
4/18/2008(Mabale Hills)DRILLING COMMENCES AT HIGH PRIORITY TARGETS MABALE HILLS GOL...
8/16/2007(Mabale)Begins drilling at Mabale Hills
7/26/2007(Mabale)Mwamazengo prospect in Tanzania continues to return good res...
6/14/2007(Mabale)Drills 31 m of 5.97 g/t Au in Tanzania
3/21/2007(Jubilee Reef)Identifies New Gold Target with JV Partner Barrick Gold
Corporate news of Currie Rose Resources Inc.
4/29/2013(Jubilee Reef)Liontown to Acquire 100% Ownership of Jubilee Reef Gold Proj...
4/18/2013Status of the South African Isibaya Acquisition, Amendment o...
1/31/2013Status of the South African Isibaya Aquisition
1/9/2013Status of the South African Isibaya Acquisition
12/11/2012(Tanzania)Significant Gold Intersection From Drilling at Jubilee Reef ...
11/7/2012Acquires Properties in South Africa
7/6/2011News Release July 5, 2011
7/5/2011(Mabale Hills)Completes First Three Holes at Mabale Hills Project
6/9/2011(Tanzania)Prepares for 10,000 Metre Drill Program in Tanzania
2/25/2009to fully acquire Lake Victoria properties
5/2/2007(CUI-TSXV) drills 15 m of 4.7 g/t Au at Mwamazengo
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