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LOCATION > SECULAR BULL > CASSIDY > PRESS RELEASE > March 30th, 2005
 
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RC and Soil Geochem Point to New Zones

March 30th, 2005 - News Release

RC Drill Program
As of March 27th, 10,674 metres of Reverse Circulation (RC) drilling had been completed in 258 holes. Most of the holes were drilled with a "kit bit" and terminated at the top of the bedrock. Fences of holes have tested the southern and northern extensions of the JJ and Sanu Filanan Zones and are currently testing for parallel structures to the northeast toward the Koekoe River. RC drilling is scheduled to begin on the Sodyanfe Zone and the southern part of the X-Vein area, 2.5 kilometres west and northwest of Sanu Filanan Zone in the next few weeks.

Results have now been received for samples to drill hole KRC115. Previously released results include 29.13 g/t Au over 3.0 metres at the bottom of KRC020 in an offset zone at the south end of the Sanu Filanan Zone and 23.73 g/t Au over 14.0 metres in KRC027, stepping 250 metres southeast along the JJ Vein trend. New results include 14.1 g/t Au over 2.0 metres in KRC086, 50 metres along strike of the JJ Vein trend.

 
Table 1 RC Highlights - Sanu Filanan/JJ Zones
RC Hole
No.
From
        m
To
        m
Interval
        m
KRC086 14.0 16.0 2.0
KRC091 8.0 10.0 2.0
KRC092 15.0 25.0 10.0
incl 22.0 25.0 3.0
KRC094 7.0 41.0 34.0
incl 19.0 29.0 10.0
and 36.0 41.0 5.0
KRC095 4.0 5.0 1.0
KRC097 19.0 20.0 1.0
KRC100 33.0 34.0 1.0
KRC101 17.0 23.00 6.0
incl 17.0 19.0 2.0
KRC103 13.0 15.0 2.0
KRC105 1.0 3.0 2.0
KRC106 7.0 13.0 6.0
  37.0 38.0 1.0
KRC109 44.0 47.0 3.0
  54.0 55.0 1.0
KRC110 2.0 3.0 1.0
  18.0 19.0 1.0
 

Mineralized intersections in KRC091 to KRC101 occur in a fence of holes drilled to the northeast between the midway points of the Sanu Filanan and JJ Vein zones. Follow-up drilling will attempt to determine the orientation and extent of this mineralization.

Mineralized intersections in KRC102 to 110 occur in a fence of holes drilled to the northeast across the northwest limit of the JJ Vein structure. In KRC106, mineralization occurs in a splay to the JJ Vein, assaying 1.60 g/t Au over 6.0 metres. A high-grade zone in KRC109 assaying 10.07 g/t Au over 3.0 metres is the northwest continuation of the JJ Vein structure.

Soil Geochemistry
A total of 399 soil samples were collected at a 100 and 200-metre spacing in the area between X-Vein to the south and Mani to the north. Sampling was also extended to the east and west of Mani. Thirty-one of the samples assayed greater than 100 ppb, mainly along a westerly trend from the original Mani anomaly. The anomaly now stretches 1.5 km to the west-northwest by 1.2 km to the northeast.

Soil sampling is continuing on the Koekoe SW grid, adjoining west of Sanu Filanan and south of Sodyanfe. To-date, assay results have been received for 400 samples collected at a 25 and 50-metre spacing along east-west lines at a 100-metre separation. Strong soil anomalies are developing 0 - 250 metres southwest of the Sanu Filanan deposit and 1.2 km west of Sanu Filanan. The eastern limit of the latter anomaly is marked by the Marie structure, a mapped zone of quartz pebbles in the laterite cover. The anomaly, currently defined by samples >50 ppb, stretches almost 700 metres further west and is open to the south and north.

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.

Soil samples are collected from a depth of approximately 30 centimetres, where possible. In areas of laterite plateau, material was chipped from the crust. Samples were transported to SGS Guinea lab facilities at Siguiri. The entire sample is crushed and a 1 kilogram subsample is pulverized. A 50-gram pulp is then fire assayed with an AAS finish.

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
James T. Gillis, President

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

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