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CUI Currie Rose Resources Inc

0.055
0.00 (0.00%)
26 Jul 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 Commences at High Priority Targets Mabale Hills Gold Project, Tanzania

18/04/2008 1:53pm

Marketwired Canada


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


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