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File: N120829.pdf

                                CURRIE ROSE RESOURCES INC.
                                          (the "Company")
                                 Suite 102 � 110B Hannover Drive
                                       St. Catharines, Ontario
                                              L2W 1A4

                                     Telephone:       (905) 688-9115

                                       NEWS RELEASE

Trading Symbol:          TSXV � CUI                                                     August 29 , 2012
                         OTC � CUIRF

Liontown has released the following Press Release in regard to the Company's Joint Venture in
Tanzania.


Drilling and results update � Jubilee Reef Gold Project, Northern
Tanzania
New drilling program underway following receipt of final results from June-July program

Liontown Resources Limited (ASX: LTR) is pleased to advise that a new program of drilling is underway at
its flagship Jubilee Reef Gold Project in Northern Tanzania (Figure 1) following receipt of final
outstanding results from its June-July 2012 drilling program.

Results from a series of "cross-holes" (drilled at 90o to the original drill lines, shown in Figure 2) in the
Central Zone at the Masabi Hill prospect � designed to confirm the orientation of previously reported
mineralised intersections � returned up to 21m @ 1.24g/t gold from 35m and 13m @1.43g/t gold from
110m within broad lower grade envelopes of 62m @ 0.75g/t gold from 1m and a further 40m @ 0.86g/t
gold from 110m.

The "cross holes" suggest the Central Zone mineralisation forms a pipe like structure with a steep
easterly dip and a steep southerly plunge.

Drilling in the Central Zone has previously defined a zone of mineralisation (shown in plan in Figure 2
and cross section in Figures 3 and 4) including:

    �   27m @ 2.76g/t gold from 42m in JBRRC018 (drilled in 2011);

    �   21m @ 4.66g/t gold from 70m in JBRRC041 (this program); and

    �   68m @ 1.5g/t gold from 132m in JBRRC061 (this program).
 Diamond drill hole JBRDD001, located between JBRRC010 and JBRRC041 reported an intercept of
87.25m @ 0.94g/t gold (Figures 3 and 4), including an interval of 28.8m @ 1.14g/t gold from 63.5m, and
1m @ 10.05g/t gold from 60.75m. All drill results are summarised in Appendix 1.

RC drilling on the Southern Zone, targeting anomalous aircore results from the 2011 program, reported
results including 20m @2.33g/t gold from 12m and 23m @ 2.93g/t gold from 50m, all within a zone of
74m @ 1.8g/t gold from 8m (Figure 5).

Results from JBRDD002, a diamond drill hole located behind JBRRC045, reported several zones of
anomalous gold, including low grade envelopes of 23.4m @ 0.34g/t gold from 17.2m, 15.2m @ 0.37g/t
gold from 59.3m, and 15.78m @1.36g/t gold from 77.22m (Figure 5). While the diamond drill hole
grades are lower than the original grades in JBRRC045, the geology and mineralised envelopes match
those in the original hole, suggesting a shallow south dip, with the structure open along strike.

Further work is required to resolve the variation in grade between the diamond drill holes and
neighbouring RC holes, including further drilling to constrain geological and orientation factors.

A fence of RC drill holes was completed across the "Eastern Margin" (shown in Figure 2), testing beneath
significant aircore intersections reported in 2011. Gold results confirm the extensive gold anomalism in
the system, including 64m @ 0.4g/t gold from 28m in JBRRC073; 60m @ 0.56g/t gold from 12m in
JBRRC074, and 68m@ 0.29g/t gold from 12m in JBRRC075. These intersections are hosted in syenitic,
dioritic and doleritic rocks.

The results of the initial 2012 drill program suggest that, within the Central Zone syenite and marginal
diorite, a gold mineralised envelope is defined over an area of 600 x 350m, which remains open to the
east and north under transported cover.

Within the Southern Zone intersections in JBRRC045 and JBRDD002, and intersections in aircore hole
JLRB581 (12m @ 1.51g/t gold from 16m, reported previously), suggest a mineralised zone that is open
over 400m of strike, with only two drill lines testing this zone.

Liontown is encouraged by these latest drilling results, which support previous conclusions that the
Jubilee Reef Project has potential to host significant widths and grades of gold mineralisation.

A follow-up 14,000 metre drilling has commenced, with an aircore drill rig starting the 25th August, and
an RC rig expected in early September.



"David Richards"
Managing Director
28 August 2012
 The information in this report that relates to Exploration Results is based on information compiled by Mr.
David Richards, a full time employee of Liontown Resources Limited, who is a Member of the Australian
Institute of Geoscientists. Mr. Richards has sufficient experience in the field of activity being reported to
qualify as a Competent Person as defined in the 2004 edition of the Australian Code for Reporting of
Exploration Results, Minerals Resources and Ore Reserves, and consents to the release of information in
the form and context in which it appears here.


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

"Harold Smith"
Harold Smith
President

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.


"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 risk
--->s and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual results and future events could differ m
--->aterially from those
anticipated in such statements. Important factors that could cause actual results to differ materially from the Compan
--->y's plans or expectations
include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility o
--->f equipment breakdowns and
delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditi
--->ons, 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-loo
--->king statements whether
as a result of new information, future events or otherwise except as otherwise required by applicable securities legis
--->lation."