July 26, 2011 (Investorideas.com Mining stocks Newswire) - Trueclaim Exploration Inc. has intersected a previously unknown area of gold mineralization in its phase II drilling program. TRM-11-48 from 98m to 103m contains an interval of 5m assayed at 4.54g/t gold. Below this interval was a section of 10.25m from 128.75m to 139m grading 1.37g/t gold. True width is assumed because structural analysis has determined the orientation of auriferous chlorite banding on the Scadding Mine site and this hole was drilled perpendicular to that orientation.
ST. CATHARINES, ONTARIO - July 6, 2011 (Investorideas.com Mining stocks Newswire) - Mr. Harold Smith reports: Currie Rose Resources (TSX.V:CUI) (OTC: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.
These bands of chlorite breccia occur parallel to the bands of chlorite in E-W Zone and are separated by a distance of 115m to the north-west of the E-W Zone. This area was historically not known and is a new discovery made by Trueclaim Exploration. The oriented drilling program allowed on-site geologists to determine the trend of auriferous chlorite. These new bands of chlorite were intersected by drilling with the assumption that all zones on the property trend the same direction. Knowing the orientation of the zones will allow future exploration to have more focused direction.
This discovery has prompted a re-evaluation to the Phase II drilling program in order to allow time for compilation of data and 3D models of each zone.
This zone, in addition to the recent successful drilling on the property, further increases the resource potential of the property. Drilled zones on the property include:
North Zone (Highlight: TRM-10-07, 19.29m at 12.9g/t Au)
South Zone (Highlight: TRM-11-10, 15.78m at 5.36g/t Au),
Central Zone (not yet drilled by Trueclaim) and
Currie Rose New Zone (Highlight: TRM-11-22, 1.5m at 94.5g/t Au).
The Company holds the Scadding property under option from Currie Rose Resources (TSX.V:CUI). The Company has earned a 51% working interest in the property and retains the right earn a 100% working interest in the property.
Technical information in this news release has been reviewed by Ms. Lindsay Moss, P. Geo. and prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. Trueclaim's quality control and assurance program includes the insertion of standards and blanks, the retention of 1/2 of the cut core that has been sampled, pulps and rejects, and uses a independent certified lab, Accurassay Laboratories of Thunder Bay, ON. Samples are sent for fire assay and if warranted for ICP. Assays of significance are reassayed using screen metallics to ensure accurate values. Company Management, which takes full responsibility for content, prepared this news release.
We seek Safe Harbor.
Contact:
Harold Smith
Currie Rose Resources Inc.
President
(905) 688-9115
www.currierose.com
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Disclaimer/ Disclosure: Currie Rose Resources Inc. (TSX.V: CUI) (OTC:CUIRF) is a showcase mining stock; 3 month mining stock showcase profile staring April 28 2011, online mining conference May 25 (two thousand five hundred).
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