KAMLOOPS, BRITISH COLUMBIA--(CCNMatthews - April 6, 2005) - Cassidy Gold Corp. (TSX VENTURE:CDY) is pleased to announce results from ongoing reverse circulation (RC) drilling on its 100% owned Kouroussa Property in Guinea, West Africa. As of March 1st, 2005, 13,262 metres of RC drilling in 319 holes had been completed in the Sanu Filanan - JJ area. The RC drill is now moving over to Sodyanfe, 2 kilometres to the northwest.
Cassidy has drilled a series of fences of RC holes around and adjacent to the Sanu Filanan and JJ Zones. Most of the RC holes are currently being drilled with a "kitbit" set-up through the saprolite to the top of bedrock at a dip of -60 degrees to an average depth of 45 metres. Holes are arranged in a "head to toe" alignment, in which a hole is collared on surface immediately above the terminus of the preceding hole. Targets include:
- strike extension of both Sanu Filanan and JJ Zones
- ground between both zones
- potential zones northeast of JJ
Results presented here encompass RC holes KRC116 to KRC191. KRC116 - KRC145 stretch across the northern portion of the Sanu Filanan and the northeastern extension of the JJ. KRC146 - KRC170, 200 metres northwest of and parallel to the previous line, extends across the northern limit of the Sanu Filanan and western portion of the Sanu Folo. KRC171 - KRC186 steps another 200 metres to the northwest, and KRC187 - KRC191 are located approximately 250-350 metres west of Sanu Filanan.
Highlights of RC drill results are included in Table 1. A more complete list of significant results and a map of drill hole locations will soon be available at www.cassidygold.com.
Table 1 RC Drill Highlights --------------------------------------------------------------------- RC From To Interval Hole m m m Au g/t Zone --------------------------------------------------------------------- KRC121 56.0 59.0 3.0 1.73 Sanu Filanan --------------------------------------------------------------------- KRC122 57.0 76.0 19.0 21.80 Sanu Filanan --------------------------------------------------------------------- KRC123 33.0 57.0 24.0 6.24 Sanu Filanan --------------------------------------------------------------------- KRC135 12.0 25.0 13.0 2.06 JJ - Sanu Folo --------------------------------------------------------------------- KRC141 18.0 20.0 2.0 1.17 JJ Zone --------------------------------------------------------------------- KRC148 41.0 44.0 3.0 1.19 West of Sanu Filanan --------------------------------------------------------------------- KRC157 9.0 12.0 3.0 0.96 Sanu Filanan --------------------------------------------------------------------- KRC160 34.0 35.0 1.0 14.00 Sanu Filanan/Sanu Folo --------------------------------------------------------------------- KRC161 7.0 8.0 1.0 33.49 Sanu Filanan/Sanu Folo --------------------------------------------------------------------- KRC168 13.0 18.0 5.0 9.44 Sanu Folo --------------------------------------------------------------------- KRC169 33.0 40.0 7.0 24.38 Sanu Folo --------------------------------------------------------------------- KRC174 14.0 19.0 5.0 1.29 Sanu Filanan --------------------------------------------------------------------- KRC174 29.0 33.0 4.0 1.03 Sanu Filanan --------------------------------------------------------------------- KRC187 42.0 50.0 8.0 4.09 West of Sanu Filanan --------------------------------------------------------------------- KRC188 29.0 31.0 2.0 3.05 West of Sanu Filanan --------------------------------------------------------------------- KRC190 23.0 25.0 2.0 1.38 West of Sanu Filanan --------------------------------------------------------------------- KRC191 31.0 33.0 2.0 1.21 West of Sanu Filanan ---------------------------------------------------------------------
KRC121 - KRC123 intersected the main Sanu Filanan structure 25 metres northwest of KD125 (32.11 g/t Au over 9.19 metres true thickness), and near KD127 (6.96 g/t Au over 10.25m true thickness). The mineralized intersections in KRC122 (21.80 g/t Au over 19.0m) and KRC123 (6.24 g/t Au over 24.0m) further support and define this high-grade section of the Sanu Filanan Zone.
KRC135 (2.06 g/t Au over 13.0m) and KRC141 (1.17 g/t Au over 2.0m) intersected mineralized intervals associated with the east-trending Sanu Folo structure and northwest-trending JJ structure, respectively. KRC135 demonstrates that Sanu Folo is a viable target.
KRC148 (1.19 g/t Au over 3.0m) is located approximately 250 metres west of the main Sanu Filanan structure and 200 metres northwest (along strike) of KRC187 (4.09 g/t Au over 8.0m), and KRC188 (3.05 g/t Au over 2.0m). These intersections may mark a previously unrecognized mineralized zone running subparallel to and up to 300 metres west of the Sanu Filanan zone. No diamond drill holes tested this area and both are just beyond the limit of previous soil geochemistry coverage. (Complete results of a recently completed soil sampling program west of Sanu Filanan are expected shortly.)
KRC157 (0.95 g/t Au over 3.0m) and KRC174 (1.29 g/t Au over 5.0m) are located along the northwest extension of the Sanu Filanan Zone, with the latter stepping some 60 metres northwest of previous drilling (KD146). The Sanu Filanan now stretches 1100 metres along strike.
KRC168 (9.44 g/t Au over 5.0m) and KRC169 (24.38 g/t Au over 7.0m) highlight a new zone of mineralization 100 metres northeast of the Sanu Filanan trend and 40 metres north of Sanu Folo. Orientation of this mineralized zone is uncertain and more drilling is planned for the area.
KRC197 - KRC319 have tested north and east of the JJ Zone, across sections of significant artisanal workings and highly anomalous gold-in-soil geochemistry. Results from ongoing RC drilling will be released as they become available from the assay lab. Diamond drilling is scheduled to resume April 22nd on targets identified during this phase of RC drilling.
Sampling and Assay Procedures
RC samples were collected from the cyclone and split or pipe sampled. All samples were sent to ABILAB Afrique de l'Ouest in Bamako, Mali for fire assay using a 50-gram subsample. High-grade samples were checked by reassaying the same pulp. A gravimetric finish was used on all samples assaying over 10 g/t Au and some samples assaying over 4 g/t Au. Several high values were checked by taking a second split from the sample rejects and fire assaying with both AAS and gravimetric finishes.
Personnel
The exploration team in Guinea consists of Project Manager Marc-Andre Boudreau, B.Sc., Marthe Archambault, M.Sc., P.Geo., and Maxime Dupere, B.Sc. Christopher J. Wild, P.Eng., V.P. 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, President
This press release may be accessed at Cassidy Gold Corp.'s website: www.cassidygold.com and at www.sedar.com.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Cassidy Gold Corp.
Jim Gillis
President
(250) 372-8222
(250) 828-2269
cassidygold@telus.net
www.cassidygold.com
