Currie Rose Resources Inc.: Drilling Commences at High Priority Targets Mabale Hills Gold Project, Tanzania
Fri Apr 18, 8:53 AM
ca.news.finance.yahoo.com
ST. CATHARINES, ONTARIO--(Marketwire - April 18, 2008) - Currie Rose Resources Inc. (TSX VENTURE: CUI.V) is pleased to announce that drilling has commenced at the Mabale Hills project in central Tanzania.
The drilling program is expected to consist of approximately 5,000 metres of Rotary Air Blast (RAB) drilling and if successful, 4,000 metres of Reverse Circulation (RC) drilling at the Simba, Dhahabu and Sizu Prospects. (See Mabale Hills location map at www.currierose.com.)
The Project is characterised by steeply dipping, highly deformed banded ironstone formations (BIF's) surrounded by acid volcanics, with granitoids to the west and east. Gold mineralisation has been identified in quartz veins and disseminated in BIF's and cherts. Exploration by the Company has generated a number of significant drill targets including the previous success at the Mwamazengo discovery, the Sisu River anomaly that lies on strike with the +500,000oz Iamgold Kitongo gold discovery and the Dhahabu prospect situated approximately 7km north of Mwamazengo.
The program will drill test a number of anomalies that have coincident geophysical, geochemical and geological signatures. The Simba Prospect is only 700 metres north east of the Mwamazengo and it lies on a fold closure and is a high priority target that if successful will add further scope to the known mineralisation at Dhahabu and Mwamazengo.
The drilling results will be announced over the coming weeks.
ON BEHALF OF THE BOARD OF DIRECTORS
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.
Contacts
Harold Smith
Currie Rose Resources Inc.
President
(905) 688-9115
Investor Relations
Currie Rose Resources Inc.
(604) 662-4955
Email: info@currierose.com
Website: www.currierose.com |
