Currie Rose Resources Inc.

Published : February 25th, 2009

to fully acquire Lake Victoria properties

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Keywords :   Gold | Gold Discovery | K Street | Tanzania |

 

 

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.V February 25, 2009

Purchase of Tanzania Gold Properties

 

 

 

Currie Rose Resources Inc. (the ?Company?) has been informed by its joint venture partner, Sub-Sahara Resources NL (?Sub-Sahara?), it has accepted an offer for the sale of all its gold assets located in Tanzania.


Under the current joint venture agreement between the Company and Sub-Sahara, the Company has 120 days to exercise its first right of refusal, at the exercise price of $100,000 Aud, on the Lake Victoria joint venture properties (Mabale and Nyamirembe Tenements), forming part of the properties Sub-Sahara Resources plans on selling.

 

The Company intends to exercise its right of first refusal which will result in the Company owning 100% of the Mabale tenements that host the Mwamazengo gold discovery and Nyamirembe tenements.

 

On completion of the transaction, the Company?s land holdings in Tanzania will consist of a 100% interest in Mabale and Nyamirembe, 100% interest in Jubilee Reef (joint venture with Barrick Gold) and the Sekenke joint venture in which the Company has earned 30% interest, with the right to earn up to a 70% interest.

The Company views this transaction to be an important step for the Company moving forward with its portfolio of gold properties in Tanzania.

 

Currie Rose Resources Inc. would like to invite shareholders and investors to our booth #2608 at the Prospectors & Developers Conference (PDAC) Tues. and Wed. March 3&4th, 2009 in Toronto.

 

 

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 Managing 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.

 

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Data and Statistics for these countries : Tanzania | All
Gold and Silver Prices for these countries : Tanzania | All

Currie Rose Resources Inc.

EXPLORATION STAGE
CODE : CUI.V
ISIN : CA2319004081
CUSIP : 231900
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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, € 1.5 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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