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. |
