airborne magnetic survey completed at mabale

Friday, 27 January 2006
ASX Companies Announcements
Release via ASX Online
Airborne Magnetic Survey Completed at Mabale
Hills in Tanzania
Joint Venture partner Currie Rose Resources Inc. has completed a close spaced
airborne magnetic survey over the entire Mabale Hills project in the Lake Victoria
Gold Field covering the Mwamazengo discovery and other known targets such
as Susu River.
The survey was completed by New Resolution Geophysics (NRG) of South
Africa and covers a total of 2,190 line kilometres in the East – West direction at
spacing of 100metres with tie lines at 500metres.
The data will now be processed and is expected to identify new high quality drill
targets in the vicinity of the Mwanazengo deposit. A first pass image showing the
raw processed data is attached.
Although full processing has not been completed, Sub-Sahara as manager of the
project is very encouraged by the data to date as it clearly defines the
Mwamazengo discovery and shows a number of other “look-a-like” targets.
Currie Rose can earn a 70% interest in the Lake Victoria Joint Venture by
completing a bankable feasibility study on one project area within the joint
venture package that includes the Mabale Hills, Jubilee Reef and the
Nyamirembe projects.
For and on behalf of
Sub-Sahara Resources NL
M.R. Griffiths
CEO - Director