| | Publié le 13 juin 2008 | 16.83 g/t Au over 24m at JJ Vein, Kouroussa Gold Project, Guinea |
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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...)
Jan 31, 2008: Financials: Financial
Statements for the 3 Month Period Ended ... (more...)
Dec 04, 2007: News Releases: Drilling
Resumes at Cassidy Gold's Kouroussa Proje... (more...)
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Friday, June 13, 2008
16.83 g/t Au over 24m at JJ Vein, Kouroussa Gold Project, Guinea
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Cassidy Gold Corp. (CDY:TSX-V) is pleased to
announce additional results from reverse circulation (RC) drilling on its
100%-owned Kouroussa Gold Project, located in Guinea, West Africa. Infill
drilling at the KD-1 and JJ deposits total 1,068 metres in 12 RC holes and
1,494 metres in 13 holes, respectively, so far in 2008. Highlights
include 16.83 g/t Au over 24.0 metres in KRC1515 and 1.42 g/t Au over 26.0
metres in KRC1533 at JJ, and 1.31 g/t Au over 17.0 metres in KRC1528 at
KD-1. True widths are approximately 70% of reported intervals.
JJ Vein Deposit
Nine drill holes targeted mineralization discovered in July 2007, 100
metres north of the JJ Vein and 150 metres west of KD-1. KRC1515
intersected 16.83 g/t Au over 24.0 metres and KRC1533 intersected 1.41 g/t
Au over 26.0 metres 40 metres further southeast. Four holes tested the west
side of JJ including KRC1540, which intersected 0.74 g/t Au over 8.0 metres
and 3.24 g/t Au over 4.0 metres at the junction of the JJ Vein and the Sanu
Folo structure. Table 1 lists new significant intervals from the JJ
deposit. An updated location map will be posted on www.cassidygold.com
shortly.
Table 1 JJ Vein Deposit
Hole ID
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From (m)
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To (m)
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Length (m)
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Au (g/t)
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KRC1515
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12.0
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15.0
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3.0
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2.53
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and
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46.0
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70.0
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24.0
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16.83
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and
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74.0
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80.0
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6.0
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2.21
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and
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89.0
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94.0
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5.0
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0.85
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KRC1516
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122.0
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124.0
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2.0
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1.40
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and
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137.0
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140.0
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3.0
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0.95
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and
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152.0
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158.0
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6.0
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0.54
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KRC1518
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72.0
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76.0
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4.0
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0.77
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and
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138.0
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141.0
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3.0
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1.57
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KRC1519
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19.0
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20.0
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1.0
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1.70
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and
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51.0
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53.0
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2.0
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1.61
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KRC1520
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57.0
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58.0
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1.0
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1.97
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KRC1532
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8.0
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10.0
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2.0
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0.71
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KRC1533
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34.0
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36.0
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2.0
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0.57
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and
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40.0
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42.0
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2.0
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1.22
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and
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57.0
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83.0
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26.0
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1.42
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KRC1534
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83.0
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84.0
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1.0
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3.06
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KRC1539
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23.0
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26.0
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3.0
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2.87
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KRC1540
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114.0
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122.0
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8.0
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0.74
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and
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129.0
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133.0
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4.0
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3.24
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KRC1544
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65.0
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66.0
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1.0
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1.49
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The JJ Vein deposit consists of near surface, potentially open-pittable,
mainly oxide resource, outlined over a strike length of 800 metres. In
October 2007, Coffey Mining estimated an Indicated Resource of 44,000
ounces of gold in 446,000 tonnes grading 3.0 g/t Au and an additional
Inferred Resource of 20,000 ounces in 334,000 tonnes grading 1.9 g/t Au for
JJ, 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.
KD-1 Deposit
Eight drill holes were completed along the east side of the KD-1 structure
to better define near-surface resources and to explore for parallel zones
in the immediate footwall. KRC1524 to KRC1528 and KRC1542 to KRC1543 all
intersected near surface mineralization and KRC1528 (1.31 g/t Au over 17.0
metres) and KRC1543 (1.11 g/t Au over 10.0 metres) intersected a
mineralized trend that remains open to the northwest. KD-1 demonstrates the
potential for several parallel lodes within the larger structure. Table 2
lists new significant intervals from the KD-1 deposit.
Table 2 KD-1 Deposit
Hole ID
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From (m)
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To (m)
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Length (m)
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Au (g/t)
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KRC1524
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10.0
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14.0
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4.0
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1.36
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KRC1525
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3.0
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8.0
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5.0
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0.55
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and
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18.0
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22.0
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4.0
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0.98
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and
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67.0
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69.0
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2.0
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0.68
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KRC1526
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4.0
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9.0
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5.0
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1.05
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and
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13.0
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17.0
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4.0
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4.74
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KRC1527
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35.0
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37.0
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2.0
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0.70
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KRC1528
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5.0
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6.0
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1.0
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1.56
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and
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30.0
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32.0
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2.0
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0.64
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and
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42.0
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59.0
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17.0
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1.31
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and
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96.0
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101.0
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5.0
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1.58
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KRC1542
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-
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2.0
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2.0
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1.96
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and
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7.0
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15.0
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8.0
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0.71
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and
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24.0
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25.0
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1.0
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1.11
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KRC1543
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10.0
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13.0
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3.0
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0.70
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and
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22.0
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24.0
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2.0
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0.89
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and
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29.0
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34.0
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5.0
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1.09
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and
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38.0
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39.0
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1.0
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1.00
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and
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56.0
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66.0
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10.0
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1.11
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The KD-1 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 45,000
ounces of gold in 712,000 tonnes grading 1.9 g/t Au and an additional
Inferred Resource of 45,000 ounces in 1,226,000 tonnes grading 1.5 g/t Au
for KD-1, 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.
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 RSG Global 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.
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Cassidy Gold Corp.
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EXPLORATEUR |
CODE : CDX.V |
ISIN : CA1479092043 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Cassidy Gold est une société d’exploration minière d'or basée au Canada. Cassidy Gold détient divers projets d'exploration en Guinee. Ses principaux projets en exploration sont NASSILE au Niger et KOUROUSSA en Guinee. Cassidy Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 61,3 millions CA$ (44,8 millions US$, 41,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 09 janvier 2004 à 1,40 CA$, et son plus bas niveau récent le 04 mars 2016 à 0,01 CA$. Cassidy Gold possède 490 089 984 actions en circulation. |
Dans les médias de Cassidy Gold Corp. |
Rapports annuels de Cassidy Gold Corp. |
Financements de Cassidy Gold Corp. |
Projets de Cassidy Gold Corp. |
28/06/2011 | (Kouroussa)Acquires Exploitation Permit for Kouroussa Gold Project, Gui... |
08/07/2010 | (Nassile)Vests 51% Interest |
12/05/2010 | (Nassile)Discovers Gold Zones |
17/02/2010 | (Nassile)Completes Drill Program |
22/12/2009 | (Nassile)Commences Drill Program at Nassile Gold Project, Niger |
18/02/2009 | (Kouroussa)Initial Scoping Results for Cassidy Gold's Kouroussa Gold Pr... |
25/07/2008 | (Kouroussa)Embarks on Scoping Study for Kouroussa Gold Project, Guinea |
20/06/2008 | (Kouroussa)22.48 g/t Au over 15m at Sanu Filanan, Kouroussa Gold Projec... |
13/06/2008 | (Kouroussa)16.83 g/t Au over 24m at JJ Vein, Kouroussa Gold Project, Gu... |
19/03/2008 | (Kouroussa)Hits 42m of 4.87 g/t Au at Junction Zone, Kouroussa Gold Pro... |
04/12/2007 | (Kouroussa)Drilling Resumes at Cassidy Gold's Kouroussa Project |
08/11/2007 | (Kouroussa)Indicated Resources Increase 38% at Cassidy Gold's Kouroussa... |
05/09/2007 | (Kouroussa)Hits 64.06 g/t Au over 9.0m at Sanu Filanan, Kouroussa Gold ... |
14/08/2007 | (Kouroussa)9.97 g/t Au over 6 metres at JJ Vein, Kouroussa Gold Project... |
31/07/2007 | (Kouroussa)Adds 400m of Strike to Junction Zone, Kouroussa Gold Project... |
25/07/2007 | (Kouroussa)Intersects 11.51 g/t Au over 9m, Sanu Filanan Extension, Kou... |
19/07/2007 | (Kouroussa)41.66 g/t Au over 7 metres at KD-1 Zone, Kouroussa Gold Proj... |
17/07/2007 | (Kouroussa)Extending JJ Deposit at Kouroussa Gold Project, Guinea |
10/07/2007 | Intersects 22.6 g/t Au over 4m at Kinkine Zone, Kouroussa Go... |
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Communiqués de Presse de Cassidy Gold Corp. |
Publication de commentaires terminée |
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