Currie Rose Resources Inc. Surface sample Results.
Currie Rose Resources Inc. Surface sample Results.
Toronto, Ontario – October 2, 2018 - Currie Rose Resources Inc. (TSXV - CUI) ("Currie Rose" or the
"Company") is pleased to provide shareholders with the results of recently sampled outcrop and
historic mine dump (grab) material from the Rossland Gold Project (the “Project”) located in central
southern British Columbia.
Highlights:
• A total of 18 samples were collected from 7 locations within the northern section of the
Rossland Gold Project (Table 1);
• Two Samples (rock chip) from the Eleanor Prospect, returned 130.5g/t Au, 5.8g/t Ag
4720ppm Cobalt confirming previous historic sampling;
• Two rock chip samples from the Novelty Claim returned 15.8g/t and 4.04g/t gold confirming
previous historic sampling;
• All 6 grab samples from the recently acquired former Crown Claim “Cons. St Elmo” returned
significant copper results between 2.23% - 5.73% with associated gold between 0.45g/t and
1.38g/t and silver between 71.6g/t and >100g/t.
A total of 18 samples (Table 1) were collected from 7 locations within the northern section of the
Rossland Gold Project. Eleven of the samples were collected from historic mining dumps (grab
samples) and seven samples were rock chip samples of known surface mineralisation. Note that grab
samples are selected samples and are not necessarily representative of the mineralization hosted on
the property.
The assay results in Table 1 show, high-grade gold, high-grade silver, high-grade copper, high-grade
cobalt with high sulphide and arsenic. Significant molybdenum was also confirmed in the north-west
part of the package at “Golden Queen” and anomalous tungsten was also reported from “Con St
Elmo”.
Michael Griffiths, Currie’s President and CEO, commented; “We are very encouraged by these
results which have confirmed historic sample results, bringing greater confidence to our approach.
The copper results from “Con. St Elmo” were completely unexpected but further highlight the
potential mineral endowment of the project. This preliminary information has added to the historic
gold mining records from previously mined areas (outside out current permits) and we now look
forward to drilling these areas to provide confirmation.”
The Rossland Gold Project is situated 10km from the Trail Zinc Smelter in south-central British
Columbia. The Rossland Mining Camp produced more than 2.7 million ounces of gold, 3.5 million
ounces of silver and 71 tonnes of copper between 1894 and 1941 and ranks as the third largest lode
gold camp in British Columbia.
The Rossland gold camp is situated in the south western part of the Kootenay Arc and locally consists
of a sequence carbonaceous siltstone, quartzite and slates of the Mt Roberts Formation which
unconformably overlie Lower Jurassic volcanic flows and tuffs of the Rossland Formation (Little
1982). Contemporaneous with the volcanism noted above were intrusive augite porphyry sills and
these rocks have been further intruded by the Rossland monzonite and Nelson plutonic suite rocks
that are closely associated with the ore deposits in the area. Major structural features include an
east-west set of shears steeply dipping to the north and a north-south shear set, dipping steeply
east.
Table 1 – Rossland Gold Project Assay Results
Note: ALS Global - Assay by multi-element: Code ME-ICP61, Gold (50gm charge) by Code AA26 &
GRA22, Silver/Copper/Molybdenum by Code ME- OG62
FOR ADDITIONAL INFORMATION IN RESPECT OF CURRIE ROSE, PLEASE CONTACT:
Mike Griffiths, CEO Catherine Beckett, Manager Corporate Affairs
Office: 905-688-9115 Office: 905-688-9115
Email: [email protected] Email: [email protected]
About Currie Rose Resources Inc.
Currie Rose is a precious metal explorer focused on identifying high value assets in Canada.
Our current projects span British Columbia and Ontario with our immediate focus on the recently
acquired Rossland Project in BC.
Rossland is produced more than 2.7 million ounces of gold, 3.5 million ounces of silver and 71 tonnes
of copper between 1894 and 1941 and ranks as the third largest lode gold camp in British Columbia.
It’s reported grade over this production period is ~16g/t and Currie Rose has acquired the rights to
properties which are known extensions of the historic workings, presenting a project which is very
advanced in nature.
Please visit our website located at www.currierose.com
Area (Claim) Sample Type Au (g/t)Ag (g/t)Cu (%, ppm)Co (ppm)Mo (ppm)W (ppm)As (ppm)S (%) Objective
CON. ST. ELMO dump grab 0.76 98 3.39% 102 202 3640 33 >10.0Preliminary information
CON. ST. ELMO dump grab 0.57 74.5 2.33% 156 186 4190 40 >10.0Preliminary information
CON. ST. ELMO dump grab 1.06 > 100 5.73% 70 280 2230 37 >10.0Preliminary information
CON. ST. ELMO dump grab 0.45 71.6 2.26% 132 186 2240 453 >10.0Preliminary information
CON. ST. ELMO dump grab 1.09 72.4 2.23% 86 123 2680 186 >10.0Preliminary information
CON. ST. ELMO dump grab 1.38 > 100 5.34% 71 454 3050 114 >10.0Preliminary information
NOVELTY pit o/c chip 15.8 2.9 237 4640 1925 20 >100003.95Varification
NOVELTY pit o/c chip 4.04 1.3 125 1275 2420 10 >100001.32Varification
MASCOT adit grab 0.19 0.7 1870 1085 39 10 4170 >10.0Preliminary information
MASCOT adit grab (duplicate) 0.06 0.5 1670 592 17 < 10 487 >10.0Preliminary information
GOLDEN QUEEN outcrop grab 0.09 3.8 421 22 > 10 % 720 124 >10.0Varification Molybdenite Area
ELEANOR trench outcrop grab 130.5 5.8 334 4270 363 40 >10000>10.0Varification
ELEANOR trench outcrop grab 9.07 8.3 6030 2320 60 10 >10000>10.0Varification
ALBERTA shaft dump grab 14.3 1.5 1420 5660 19 20 >10000>10.0Preliminary information
MASCOT #1 adit dump 3.5 1.1 2920 1575 8 < 10 >10000>10.0Preliminary information
MASCOT #2 adit dump 0.21 0.5 2330 1000 8 < 10 2530 >10.0Preliminary information
MASCOT #2 adit dump 0.54 0.7 1800 4080 8 < 10 9370 >10.0Preliminary information
MASCOT #3 adit dump 0.14 1.3 4110 601 7 < 10 546 >10.0Preliminary information
QA/QC
All exploration on the project was supervised by Currie Rose Resources Inc (“Currie”) CEO Michael
Griffiths FAusIMM, who is the Qualified Person under NI 43-101. Currie applies industry standard
exploration sampling methodologies and techniques. All geochemical rock chip and rock dump
samples are collected under the supervision of the company’s geologists in accordance with industry
practice. Geochemical assays are obtained and reported under a quality assurance and quality control
(QA/QC) program. Samples are dispatched to ALS Laboratories in Kamloops an ISO/IEC 17025:2017
accredited laboratory for Prep and transferred by ALS to Vancouver (ISO/IEC 17025:2017). Assay
results from surface rock, channel, trench, and drill core samples may be higher, lower or similar to
results obtained from surface samples due to surficial oxidation and enrichment processes or due to
natural geological grade variations in the primary mineralization.
Qualified Persons
The Currie Rose scientific and technical informatio n in this news release has been prepared in
accordance with the Canadian regulatory requirements set out in National Instrument 43 -101
(Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf Currie Rose
Resources by Michael Griffiths, FAusIMM, President & CEO for Currie Rose Resources, a Qualified
Person.
Forward Looking Statements
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policies of the TSX Venture Exchange) acce pts responsibility for the adequacy or accuracy of this
release.
This news release may contain forward-looking statements that are based on the Company’s
expectations, estimates and projections regarding its business and the economic environment in
which it operates. Statements about the closing of the transaction, expected terms of the transaction,
the number of securities of Currie Rose that may be issued in connection with the transaction, and
the parties' ability to satisfy closing conditions and receive necessary approvals are all forward-looking
information. These statements are not guarantees of future performance and involve risks and
uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ
materially from those expressed in these forward-looking statements and readers should not place
undue reliance on such statements. Statements speak only as of the date on which they are made,
and the Company undertakes no obligation to update them publicly to reflect new information or the
occurrence of future events or circumstances, unless otherwise required to do so by law.