ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CUI Currie Rose Resources Inc

0.055
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Currie Rose Resources Inc TSXV:CUI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.05 0.065 0 01:00:00

Currie Rose Resources Inc.: Drilling to Commence in Tanzania

21/10/2010 1:30pm

Marketwired


Currie Rose Resources (TSXV:CUI)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Currie Rose Resources Charts.

Currie Rose Resources Inc. (TSX VENTURE: CUI) -

Harold Smith reports that drilling will commence on October 23, 2010 on the Company's 100% owned Sisu River property in Tanzania. The Mabale Hills project consists of five licenses and one application covering 261 square km and includes the Sisu River, Mwamazengo and Dhahabu properties.

The first phase program will consist of 3000 meters RC drilling, with an immediate 3000 meter follow-up program based on results.

In the fall of 2009 it was discovered that approximately 50 Artisanal miners were digging pits and mining on the Sisu River property. The Company's geologist collected random samples from the pits and sent them in for assay.

The spring rains of 2010 flooded the pits and the miners have left the property.

A total of 13 samples were collected from insitu material consisting of sheared/silicified quartz porphyry with minor pyrite and arsenopyrite accessory minerals. The sample area contains numerous artisanal pits, covering an area of approximately 150m x 30m with colluvial overburden approximately two to three meters deep.

Table 1: Significant gold intercepts 1g/t gold at Sisu River Property.


------------------------------------------------------------
Sample Number     Easting (UTM)  Northing (UTM)     Gold(g/t)
------------------------------------------------------------
SS-X-09-001             488809         9655276          2.05
------------------------------------------------------------
SS-X-09-002             488809         9655276          0.47
------------------------------------------------------------
SS-X-09-003             488808         9655256         89.20
------------------------------------------------------------
SS-X-09-004             488808         9655256         40.70
------------------------------------------------------------
SS-X-09-005             488781         9655354          9.44
------------------------------------------------------------
SS-X-09-006             488781         9655354          1.49
------------------------------------------------------------
SS-X-09-007             488802         9655384          1.87
------------------------------------------------------------
SS-X-09-008             488789         9655408          0.06
------------------------------------------------------------
SS-X-09-009             488791         9655278         23.00
------------------------------------------------------------
SS-X-09-010             488792         9655290          4.47
------------------------------------------------------------
SS-X-09-011             488792         9655290          4.13
------------------------------------------------------------
SS-X-09-012             488792         9655290          3.96
------------------------------------------------------------
SS-X-09-013             488802         9655260         21.30
------------------------------------------------------------

Of the thirteen samples collected, six returned better than 5 g/t gold with a high of 89.2 g/t whilst a further five samples returned grades between 1-5 g/t gold. Only two samples returned values below 1g/t gold.

The Sisu River prospect is approximately two kilometres from and within the same geological structure as the Mwamazengo discovery.

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.

Notes:


1.  All Assay values are uncut

2.  A Quality Assurance/Quality Control program is part of the 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 drilling.

3.  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 at www.sedar.com.

4.  Samples are prepared at ALS Chemex - Mwanza, Tanzania and analysed and
    analysed at ALS Chemex Johannesburg South Africa.

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 Inc. Harold Smith President 905-688-9115 info@currierose.com www.currierose.com

1 Year Currie Rose Resources Chart

1 Year Currie Rose Resources Chart

1 Month Currie Rose Resources Chart

1 Month Currie Rose Resources Chart

Your Recent History

Delayed Upgrade Clock