Currie Rose drills 2.25 g/t Au over 5 m at Mwamazengo
Currie
Rose Resources Inc (C:CUI)
Shares Issued 35,832,237
Last Close 7/25/2007 $0.52
Thursday July 26 2007 - News Release
Mr.
Harold Smith reports
CURRIE
ROSE RESOURCES INC.: MWAMAZENGO PROSPECT IN TANZANIA CONTINUES TO RETURN GOOD
RESULTS
Currie
Rose Resources Inc.'s recent phase of drilling on the Mabale Hills project in
Tanzania, Africa, which forms part of the Lake Victoria joint venture with Australian-listed
Sub-Sahara Resources NL, has been completed and all assay results have been
returned.
The
results confirm the continuity along strike and down dip at Mwamazengo prospect
which forms part of the Mabale project and preparations for a follow-up
drilling program have commenced.
The
latest results complete the 10-hole reverse circulation/diamond (RC/DD) program
(MBND001, MBNR-D002-007 and MBND008-MBND010) totalling 1,144 metres.
Significant
gold assay results, that complete reporting for the latest drilling at
Mwamazengo, are given in Table 1, and confirm the strike and down dip
continuity of mineralization reported previously. See drill plan on the
company's website. The possibility of strike extensions to the north and south
remains open and will be the focus of the next phase of drilling. The regional
RAB program, primarily designed to test ground magnetic anomalies with
signatures similar to the Mwamazengo deposit, produced some mildly anomalous
gold intercepts near surface (approximately 100 m west of the Mwamazengo
deposit) that warrant follow-up work.
A program
of IP/resistivity ground geophysics is planned prior to the next phase of
drilling, to assist in targeting of drill holes.
Dhahabu
A first
pass drill program at the Dhahabu prospect, located five kilometres north of
Mwamazengo and comprising seven reverse circulation holes (MBNR024-MBNR030)
totalling 780 metres and 23 rotary air blast (RAB) holes (MBNB116-MBNB133 and
MBNB181-MBNB183) for a total of 838 metres, was completed. The program was
designed to test anomalous gold-in-trench assay results.
Table 1
shows one significant result not previously reported for RC drilling at
Dhahabu. The RAB program was abandoned due to steep terrain and
inaccessibility. Follow-up exploration will be initiated later in the upcoming
drill program.
MABALE HILLS
SIGNIFICANT DRILL INTERCEPTS
(see drill plan on website)
Hole East- Nor- Azi- Dip Drill From To Inter- Gold Prospect
ing thing muth val
(UTM) (UTM) (deg- (deg-) type (m) (m) (m) (g/t)
rees) rees)
MBND-008 482,271 9,649,826 90 -55 DD 6 11 5 2.25 Mwamazengo
MBND-009 482,294 9,649,738 90 -55 DD 48 49 1 3.40 Mwamazengo
MBND-010 482,236 9,649,738 90 -55 DD 25 27 2 2.40 Mwamazengo
65 66 1 4.45
MBNR-D003 482,140 9,649,825 90 -55 RC/DD 127 128 1 9.35 Mwamazengo
131 153 22 2.03
MBNR-D004 482,162 9,649,780 90 -55 RC/DD 116 129 13 3.22 Mwamazengo
MBNR-D006 482,110 9,649,942 90 -55 RC 6 7 1 2.50 Mwamazengo
150 151 1 1.00
155 157 2 3.46
168 173 5 3.91
MBNR-D007 482,100 9,649,905 90 -55 RC 151 154 3 29.43 Mwamazengo
MBNR-026 480,240 9,657,060 270 -60 RC 53 54 1 2.74 Dhahabu
There was
no significant intercept in hole MBNR-D005.
© 2007
Canjex Publishing Ltd.