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Curis Resources Ltd
Symbol CUV
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Close 2011-10-12 C$ 1.23
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Curis drills 730 feet of 0.51% Cu at Florence

2011-10-13 08:58 ET - News Release

Mr. Michael McPhie reports

DRILLING RESULTS CONFIRM IMPROVED COPPER GRADES ON STATE LAND AT FLORENCE COPPER

Curis Resources Ltd. has released the results from drill hole CMH11-06 completed at the Florence copper project in central Arizona. The hole was drilled to confirm characteristics within mineralized blocks on Arizona state land in the Florence deposit model as part of the current feasibility study.

Curis completed a six-hole core drilling program at the Florence copper project site in early August of this year. The program consisted of three holes in the area of the optional phase 1 development program, two holes on Arizona state land under mineral lease to Curis and one hole in the area of the former BHP copper in situ recovery well field that was operated in 1997.

Assay results received for the first three holes completed in the optional phase 1 development area, which were also announced in Curis news release dated Aug. 16, 2011, are tabulated as total copper (CuT) in the zone of oxide mineralization.

            ASSAY RESULTS FOR THE FIRST THREE HOLES
                  (released on Aug. 16, 2011)
 
Drill hole  From (feet)  To (feet)  Interval (feet)  CuT (%)

CMH11-01*        395.0      741.0            346.0     0.37 
CMH11-02*        404.0      733.3            329.3     0.58 
CMH11-03A*       425.0      753.0            328.0     0.48 

*Core recovery for the reported oxide intervals ranges 
 from 89 to 93 per cent averaging 91 per cent over all.

New assay results for hole CMH11-06, which is located on Arizona state land under mineral lease to Curis, are shown in the table, "New assay results for hole CMH11-06."

              NEW ASSAY RESULTS FOR HOLE CMH11-06

Drill hole  From (feet)  To (feet)  Interval (feet)  CuT (%)

CMH11-06*          480      1,210              730     0.51 
including          740      1,210              470     0.59 

*Core recovery for the reported oxide intervals 
 averages 87 per cent.

This hole is located in the south-central part of production block 36 in the deposit model used for the preliminary economic assessment of the project completed in September, 2010 (see Nov. 25, 2010, news release). The average copper grade of the oxide zone in this hole is 0.51 per cent CuT which compares favourably with calculated model grades of 0.46 per cent CuT for production block 36.

The copper oxide zone, as intersected in hole CMH11-06, is 730 feet in thickness. The copper mineralization in the oxide zone in this hole is characterized by chrysocolla in veins, chrysocolla and tenorite as fracture coatings, and copper clays replacing plagioclase grains in the host rock. Mineralization was introduced by Laramide granodiorite intrusive bodies similar to those seen elsewhere in Southern Arizona copper deposits. The highly fractured nature and primary chrysocolla mineralization in the Florence deposit, as exhibited in the drill holes, is ideally suited to the in situ copper recovery method that is planned for the Florence copper project.

The core holes drilled in the two sites during this feasibility drilling program were designed to examine the potential ore blocks for geological continuity, grade, fracture density, rock quality characteristics and other key geological parameters. Results are being used for geological characterization, predictive modelling and to provide details for phase 1 construction bid preparations.

A single hole has also been drilled in the 1997 BHP in situ well field. This hole was to analyze geochemical reactions and flow patterns that would have occurred during the 1997 BHP production test and was not sampled for assay.

SRK Consulting of Tucson, Ariz., assisted Curis with the geological and geotechnical logging and sample collection of the drill core. The drill program was supervised by Robert Cluff, PGeo, Hunter Dickinson Inc., who is a qualified person and has reviewed this disclosure.

Sample preparation and analysis for the Florence project are done at ISO/IEC 17025 accredited Skyline Assayers & Laboratories in Tucson, Ariz. Samples are dried, crushed to 75 per cent minus-10 mesh, split and pulverized to 95 per cent minus-100 mesh. All samples are assayed for total copper by aqua regia digestion with an atomic absorption spectroscopy finish. All samples are also assayed for 49 elements including copper, by aqua regia digestion inductively coupled plasma mass spectroscopy (ICP-MS) finish. As part of a comprehensive quality assurance/quality control program, one standard is inserted into the sample stream in each group of 20 samples, as well as one or more field blanks in each analytical batch. One sample in each group of 20 is a duplicate. Duplicates will be sent to Acme Analytical Laboratories in Vancouver for analysis.

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