CUI Currie Rose Resources Inc

Currie Rose (TSX VENTURE:CUI)(PINK SHEETS:CUIRF) is pleased to announce that its
2011 field season in Tanzania is well underway and an initial 10,000 metres of
drilling is scheduled to begin this month. The Company has been exploring a land
package comprising hundreds of square kilometres in the prolific Lake Victoria
Greenstone Belt since 2005. This summer will be the Company's busiest yet as it
advances two major projects. 


Sekenke Project 

A report by Perth-based Earthsan Pty Ltd. has provided Currie Rose with a new
satellite imagery interpretation (Landsat 7 ETN imagery) that has identified
numerous zones of alteration at Sekenke coupled with strong structural evidence
often associated with gold mineralization in the region. Of particular note is
that the dominant northwest trending structure that transects Tanzania has been
clearly shown to extend from the Handeni Gold District near Dar es Salaam
through Sekenke. North-south cross cutting structures have also been identified
within the package.


"We'll be drilling Sekenke for the first time ever this summer and we're
extremely excited," stated Harold Smith, Currie Rose President and CEO. "This
nearly 300-square kilometre land package surrounding two former high grade mines
gives us a flagship property that we intend to explore and develop aggressively.
We have completed an extensive amount of field work at Sekenke over the past
couple of years, including just recently with more to come, and we believe the
discovery potential is significant given all the geological evidence we've
collected from our own work in addition to historical information. We're
proceeding in a careful and systematic fashion with so many potential targets in
order to conduct the most efficient and effective drill campaign possible."


Results from new rock and soil sampling at Sekenke are expected in the near
future. A deep-penetrating IP (induced polarization) survey will be conducted
and then all data will be analyzed in order to pinpoint the most prospective
targets for the 5,000 metre Phase 1 program. 


Mabale Hills Project

As important ground work continues at Sekenke, drilling will begin at Currie
Rose's Mwamazengo Property later this month. Geochemical analysis has outlined a
continuous anomaly over a few hundred metres that runs parallel to the west of
the Mwamazengo discovery where previous drill results included notable high
grade intercepts such as 34 metres grading 3.60 g/t Au, 12 metres grading 9.11
g/t Au, 63 metres grading 2.59 g/t Au, and 31 metres grading 5.97 g/t Au. 


Company geologists are eagerly looking forward to revisiting Mwamazengo with a
new drill program. The 6,000 metres drilled to date by Currie Rose has outlined
a mineralized zone that is continuous for 240 metres along strike and down dip
from the surface to approximately 200 metres and remains open at depth.


Elsewhere at Mabale Hills, Currie Rose will be conducting follow-up drilling at
Sisu River, six kilometres northeast of Mwamazengo. A first-pass program late
last year outlined a significant near-surface expression at Sisu River with a
gold zone that is open both to the north and the south and also at depth.
Upcoming drilling at Sisu River will target mineralization below that drilled in
2010 and will also seek to extend mineralization along strike. 


Drilling will also be conducted at Currie Rose's Dhahabu Prospect, a few
kilometres northeast of Sisu River. 


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."

Currie Rose Resources (TSXV:CUI)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Currie Rose Resources (TSXV:CUI)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024