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Posts tagged ‘Currie Rose Resources Inc (CUI)’

Currie Rose reports Tanzania Gold Assays as high as 3.02 g/t over 28m

October 12th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningCurrie Rose Resources Inc TSXV:CUI in joint venture with Liontown Resources Limited announced assays from the Jubilee Reef JV in Tanzania, East Africa. Results include

3.02 g/t gold over 28 metres (including 7.45 g/t over 8 metres)
1.19 g/t over 8 metres
2.8 g/t over 28 metres (including 5.1 g/t over 8 metres)
2.3 g/t over 12 metres
1.3 g/t over 22 metres (including 2.21 g/t over 12 metres)
0.75 g/t over 29 metres
0.75 g/t over 15 metres

Liontown is the project operator and has the right to earn up to a 75% interest in Jubilee Reef. Liontown Managing Director David Richards said, “These are very exciting results for a maiden drilling program and highlight the potential for a major gold system, particularly at Masabi Hill. More RAB drilling is needed to define the extent of the gold anomalism at Masabi Hill as well as diamond core drilling to get a better handle on what is controlling mineralisation. We will then need an RC rig to work out the real size of the system. This work will start as soon as all assay results are received (including 1-metre splits of composite samples) and suitable drill rigs can be secured.”

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Currie Rose Resources Inc
Harold Smith

by Ted Niles