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.
Reverse circulation (RC) holes were drilled to depths of 110, 130 and 150 metres, respectively, at Sisu River which is one of three properties the Company will be focusing on at its Mabale Hills Project. A total of 506 samples have been sent to a nearby lab for assaying. Additional holes are being drilled at Sisu River before the RC rig shifts six kilometres to the southwest to test new targets at Mwamazengo west of a previously reported discovery area. Another property, Dhahabu, will also be drilled.
Meanwhile, field work continues at the Company's flagship Sekenke Project, approximately 200 kilometres southeast of Mabale Hills, in advance of Currie Rose's first-ever drill program at Sekenke. Numerous high priority targets are being evaluated over this nearly 300 square kilometre land package that surrounds and runs between two past producing historic mines.
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."
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.
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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