Currie Rose Completes First Three Holes at Mabale Hills Project
July 05 2011 - 10:02AM
Marketwired
Mr. Harold Smith reports:
Currie Rose Resources (TSX VENTURE: CUI)(PINK SHEETS: CUIRF) has
completed the first three holes of a 10,000 metre drill program
planned this summer for its two major projects in the Lake Victoria
Greenstone Belt of Tanzania.
Reverse circulation (RC) holes were drilled to depths of 110,
130 and 150 metres, respectively, at Sisu River which is one of
three properties the Company will be focusing on at its Mabale
Hills Project. A total of 506 samples have been sent to a nearby
lab for assaying. Additional holes are being drilled at Sisu River
before the RC rig shifts six kilometres to the southwest to test
new targets at Mwamazengo west of a previously reported discovery
area. Another property, Dhahabu, will also be drilled.
Meanwhile, field work continues at the Company's flagship
Sekenke Project, approximately 200 kilometres southeast of Mabale
Hills, in advance of Currie Rose's first-ever drill program at
Sekenke. Numerous high priority targets are being evaluated over
this nearly 300 square kilometre land package that surrounds and
runs between two past producing historic mines.
BY ORDER OF THE BOARD OF DIRECTORS OF CURRIE ROSE RESOURCES
INC.
Harold Smith, President
The technical information in this News Release has been reviewed
and approved by Michael Griffiths MAusIMM, a qualified person as
defined by National Instrument No. 43-101, and a Director of Currie
Rose Resources Inc. and Executive Director of Chalice Gold Mines
Limited.
"This news release includes certain forward-looking statements
or information. All statements other than statements of historical
fact included in this release, including, without limitation,
statements relating to the potential mineralization and geological
merits of the and properties and other future plans, objectives or
expectations of the Company are forward-looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's plans or expectations
include risks relating to the actual results of current exploration
activities, fluctuating gold prices, possibility of equipment
breakdowns and delays, exploration cost overruns, availability of
capital and financing, general economic, market or business
conditions, regulatory changes, timeliness of government or
regulatory approvals and other risks detailed herein and from time
to time in the filings made by the Company with securities
regulators. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise
except as otherwise required by applicable securities
legislation."
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Currie Rose Resources Harold Smith President (905)
688-9115
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