Currie Rose Resources Inc.
TSX VENTURE : CUI
PINK SHEETS : CUIRF

Currie Rose Resources Inc.

October 25, 2011 13:15 ET

Currie Rose Mabale Hills and Sekenke Update-Tanzania

ST. CATHARINES, ONTARIO--(Marketwire - Oct. 25, 2011) - Currie Rose Resources Inc. (TSX VENTURE:CUI)(PINK SHEETS:CUIRF) ("Currie" or "the Company") is pleased to provide an update on the Company's drilling activities at the Mabale Hills and Sekenke Projects situated in the Lake Victoria greenstone belt of Tanzania, East Africa.

Mabale Hills Project

Currie Rose has completed an extensive drilling program designed to follow up on encouraging results from previous work at Sisu River and Dhahabu.

The first part of the program involved 1,923 metres of Reverse Circulation (RC) drilling in 16 holes at Sisu River. While disseminated sulphides were intersected in each hole, assay results returned only narrow gold intercepts. The Sisu River anomaly was extended but the gold grade did not improve. Significant intercepts are shown in the table below.

Table 1: Sisu River Significant Intercepts:

Hole
Number
Easting
(UTM)
Northing
(UTM)
From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
MBMR027 488553 9655298 128 130 2 2.68
MBMR028 488530 9655264 53 53 3 1.11
MBMR029 488508 9655224 108 109 1 1.05
MBMR034 488742 9655628 47 48 1 1.05
MBMR037 488762 9655600 73 74 1 1.30
MBMR037 488762 9655600 87 88 1 1.44
MBMR040 488584 9655276 23 24 1 1.06
MBMR041 488520 9655319 18 19 1 1.01
MBMR041 488520 9655319 127 128 1 1.36

Note:

  1. Drill intercept lengths are down-hole lengths reflecting apparent widths of mineralization.
  2. The calculation of drill intercepts employs a 0.5 g/t gold cut-off with 1m of internal dilution and no cutting grade has been applied to high gold values.
  3. All intercepts fall within Currie's Mwamazengo claim block. A location map can be found on the Company's website, www.currierose.com.

At Dhahabu, 1.5 kilometers northwest of Sisu River, 4 RC holes (556 m) were drilled based on earlier drilling and an IP (Induced Polarization) ground based geophysical survey. No significant results were returned and the Company will review all data from Dhahabu prior to any additional drilling at this prospect.

A Rotary Air Blast (RAB) drilling program totalling 1,989 metres from 69 holes has also been completed over the wider Sisu River area where a number of abandoned surface workings, soil anomalies and interpreted Landsat alteration anomalies indicate potential gold mineralization. Assay results from this drilling are still pending.

Sekenke Project

At Sekenke, a target area was defined by soil sampling with coincident Landsat alteration interpretation and geological mapping. Rotary Air Blast (RAB) drilling totalling 2,396 metres has been completed and results are pending.

Additional information and public documents about Currie, can be viewed at the Company's website www.currierose.com or at www.sedar.com.

BY ORDER OF THE BOARD OF DIRECTORS OF CURRIE ROSE RESOURCES INC.

Harold Smith, President

The planning, execution and monitoring of quality control programs are under the supervision of Michael Griffiths, BSc Dip Ed, FAusIMM, GAICD, Currie's Director. Mr. Griffiths is the qualified persons as defined by National Instrument 43-101. Currie utilizes an industry standard QA/QC protocol with respect to sampling procedures. Blanks, and certified reference standards are inserted into the sample stream to monitor laboratory performance and duplicates of pulps and bulk rejects are also used to monitor laboratory performance.

"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.

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