![](../style/all/img/drapeau/grand/Canada.gif) | | Published : June 20th, 2008 | 22.48 g/t Au over 15m at Sanu Filanan, Kouroussa Gold Project, Guinea |
|
Article
|
Comments
|
Comment this article
|
Rating
|
♥
Follow Company
|
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
|
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
![http://www.cassidygold.com/i/front2/latest.gif](http://www.cassidygold.com/i/front2/latest.gif)
Jun 19, 2008: News Releases:
22.48 g/t Au over 15m at Sanu Filanan, Kouroussa G... (more...)
Jun 17, 2008: News Releases: Extending Junction Zone at
Kouroussa Gold Project,... (more...)
Jun 13, 2008: News Releases: 16.83 g/t Au over 24m at JJ Vein,
Kouroussa Gold P... (more...)
Mar 19, 2008: News Releases: Cassidy Gold Hits 42m of 4.87 g/t
Au at Junction Z... (more...)
|
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
![http://www.cassidygold.com/i/banners2-sub/news.gif](http://www.cassidygold.com/i/banners2-sub/news.gif)
|
Thursday, June 19, 2008
22.48 g/t Au over 15m at Sanu Filanan, Kouroussa Gold Project,
Guinea
|
|
Cassidy Gold Corp. (CDY:TSX-V) is pleased to
announce results from reverse circulation (RC) drilling on its 100%-owned
Kouroussa Gold Project, located in Guinea, West Africa. Infill drilling at
the Sanu Filanan deposit totals 2,027 metres in 16 RC holes so far in 2008.
Highlights include 22.48 g/t Au over 15.0 metres in KRC1510, 13.31 g/t
Au over 5.0 metres in KRC1511, 10.06 g/t Au over 7.0 metres in KRC1512, and
10.19 g/t Au over 10.0 metres in KRC1529. True widths are approximately
70% of reported intervals.
Sanu Filanan Deposit
Drill holes targeted gaps in the Sanu Filanan block model, with 2 to 4 holes
aligned along four sections across the main Sanu Filanan structure. To the
northwest, KRC1512, KRC1513, and KRC1529 constitute a fence of holes with
each hole intersecting the deposit at increasing depths; to 105 metres
below surface (see Table 1). Eighty metres along strike to the southeast,
KRC1514 intersected the zone at a depth of 73 metres. Another 200 to 300
metres further southeast, KRC1508 to KRC1511, KRC1522, KRC1530, and KRC1531
tested the west side of the Sanu Filanan structure highlighted by 22.48 g/t
Au over 15.0 metres beginning at 9 metres depth in KRC1510. Three hundred
metres west of the main Sanu Filanan structure, KRC1537 intersected 1.24
g/t Au over 7.0 metres.
Table 1 Sanu Filanan Deposit
Hole ID
|
From (m)
|
To (m)
|
Length (m)
|
Au (g/t)
|
KRC1508
|
72.0
|
79.0
|
7.0
|
0.97
|
and
|
95.0
|
101.0
|
6.0
|
9.80
|
KRC1509
|
70.0
|
71.0
|
1.0
|
3.87
|
and
|
79.0
|
80.0
|
1.0
|
1.70
|
KRC1510
|
4.0
|
7.0
|
3.0
|
5.62
|
and
|
11.0
|
26.0
|
15.0
|
22.48
|
and
|
48.0
|
49.0
|
1.0
|
4.39
|
KRC1511
|
1.0
|
2.0
|
1.0
|
34.80
|
and
|
8.0
|
13.0
|
5.0
|
13.31
|
and
|
22.0
|
24.0
|
2.0
|
2.55
|
and
|
137.0
|
144.0
|
7.0
|
2.79
|
KRC1512
|
13.0
|
20.0
|
7.0
|
10.06
|
KRC1513
|
45.0
|
53.0
|
8.0
|
0.93
|
and
|
58.0
|
60.0
|
2.0
|
2.08
|
and
|
65.0
|
68.0
|
3.0
|
1.42
|
and
|
142.0
|
146.0
|
4.0
|
1.01
|
KRC1514
|
89.0
|
94.0
|
5.0
|
8.46
|
KRC1522
|
85.0
|
87.0
|
2.0
|
14.50
|
and
|
112.0
|
116.0
|
4.0
|
1.40
|
and
|
127.0
|
137.0
|
10.0
|
0.95
|
KRC1529
|
100.0
|
110.0
|
10.0
|
10.20
|
and
|
118.0
|
128.0
|
10.0
|
1.72
|
and
|
135.0
|
139.0
|
4.0
|
0.54
|
KRC1530
|
54.0
|
56.0
|
2.0
|
1.89
|
KRC1531
|
47.0
|
48.0
|
1.0
|
2.56
|
and
|
61.0
|
62.0
|
1.0
|
2.80
|
and
|
121.0
|
123.0
|
2.0
|
6.33
|
KRC1537
|
82.0
|
89.0
|
7.0
|
1.24
|
An updated location map will be posted on www.cassidygold.com shortly.
The Sanu Filanan deposit consists of near surface, potentially
open-pittable, mainly oxide resource, outlined over a strike length of 900
metres. In October 2007, Coffey Mining estimated an Indicated Resource of
187,000 ounces of gold in 1,840,000 tonnes grading 3.2 g/t Au and an
additional Inferred Resource of 242,000 ounces in 3,750,000 tonnes grading
2.0 g/t Au for Sanu Filanan, as part of the overall Indicated Resource of
466,000 ounces of gold contained in 6,736,000 tonnes grading 2.2 g/t Au and
an Inferred Resource of 477,000 ounces of gold contained in 8,772,000
tonnes grading 1.7 g/t Au for the Kouroussa Project. An independent
technical report describing the details of the resource study is posted at www.sedar.com.
Exploration Program
The latest phase of drilling commenced in late November 2007 and recently
concluded with the onset of the rainy season in West Africa. The program
comprised 14,899 metres in 138 RC holes covering 7 target areas. Drilling
focused on extending the Junction deposit in the Sodyanfe area, connecting
it with the Bag Farm zone. Drilling also tested the nearby Siadafa and
Ridge prospects to the northeast and west, respectively. Resource drilling
continued on three deposits in the Koekoe area: Sanu Filanan, JJ Vein, and
KD-1.
Cassidy plans to review the resource picture and scoping scale studies for
the Kouroussa Project.
Sampling and Assay Procedures
RC drill samples were collected from the cyclone and split using a 1 in 8 riffle
splitter down to approximately 2.5kg in size. All samples were sent to the
SGS analytical laboratory in Siguiri, Guinea for further sample preparation
and fire assay using a 50-gram sub sample. Along with SGS internal quality
control procedures, external field duplicates, blanks and certified
standards are undertaken over 5% of all sampling. Quality control/quality
assurance is closely monitored by Coffey Mining personnel.
Christopher J. Wild, P.Eng, VP Exploration for Cassidy Gold Corp, is the
Qualified Person for this release.
On behalf of the Board of Directors
Cassidy Gold Corp.
James T. Gillis
James T. Gillis, President & CEO
For further information please contact: Jim Gillis, President -- Phone:
250-372-8222 or Fax: 250-828-2269
This press release may be accessed at Cassidy Gold Corp.'s website: www.cassidygold.com and at SEDAR-CDY
If you wish to be placed on Cassidy Gold Corp.'s e-mail press release list,
please contact us at cassidygold@telus.net
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
|
|
|
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
|
|
|
|
|
|
|
|
|
![http://www.cassidygold.com/i/tdot.gif](http://www.cassidygold.com/i/tdot.gif)
|
Cassidy Gold Corp.
|
|
EXPLORATION STAGE |
CODE : CDX.V |
ISIN : CA1479092043 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cassidy Gold is a gold exploration company based in Canada. Cassidy Gold holds various exploration projects in Guinea. Its main exploration properties are NASSILE in Niger and KOUROUSSA in Guinea. Cassidy Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 61.3 millions as of today (US$ 44.8 millions, € 41.1 millions). Its stock quote reached its highest recent level on January 09, 2004 at CA$ 1.40, and its lowest recent point on March 04, 2016 at CA$ 0.01. Cassidy Gold has 490 089 984 shares outstanding. |
In the News and Medias of Cassidy Gold Corp. |
Annual reports of Cassidy Gold Corp. |
Financings of Cassidy Gold Corp. |
Project news of Cassidy Gold Corp. |
6/28/2011 | (Kouroussa)Acquires Exploitation Permit for Kouroussa Gold Project, Gui... |
7/8/2010 | (Nassile)Vests 51% Interest |
5/12/2010 | (Nassile)Discovers Gold Zones |
2/17/2010 | (Nassile)Completes Drill Program |
12/22/2009 | (Nassile)Commences Drill Program at Nassile Gold Project, Niger |
2/18/2009 | (Kouroussa)Initial Scoping Results for Cassidy Gold's Kouroussa Gold Pr... |
7/25/2008 | (Kouroussa)Embarks on Scoping Study for Kouroussa Gold Project, Guinea |
6/20/2008 | (Kouroussa)22.48 g/t Au over 15m at Sanu Filanan, Kouroussa Gold Projec... |
6/13/2008 | (Kouroussa)16.83 g/t Au over 24m at JJ Vein, Kouroussa Gold Project, Gu... |
3/19/2008 | (Kouroussa)Hits 42m of 4.87 g/t Au at Junction Zone, Kouroussa Gold Pro... |
12/4/2007 | (Kouroussa)Drilling Resumes at Cassidy Gold's Kouroussa Project |
11/8/2007 | (Kouroussa)Indicated Resources Increase 38% at Cassidy Gold's Kouroussa... |
9/5/2007 | (Kouroussa)Hits 64.06 g/t Au over 9.0m at Sanu Filanan, Kouroussa Gold ... |
8/14/2007 | (Kouroussa)9.97 g/t Au over 6 metres at JJ Vein, Kouroussa Gold Project... |
7/31/2007 | (Kouroussa)Adds 400m of Strike to Junction Zone, Kouroussa Gold Project... |
7/25/2007 | (Kouroussa)Intersects 11.51 g/t Au over 9m, Sanu Filanan Extension, Kou... |
7/19/2007 | (Kouroussa)41.66 g/t Au over 7 metres at KD-1 Zone, Kouroussa Gold Proj... |
7/17/2007 | (Kouroussa)Extending JJ Deposit at Kouroussa Gold Project, Guinea |
7/10/2007 | Intersects 22.6 g/t Au over 4m at Kinkine Zone, Kouroussa Go... |
![](../style/fr/img/pixel_blanc.gif) |
Corporate news of Cassidy Gold Corp. |
|
|