Cassidy Gold Corp. - Press Release - Secular Bull

Cassidy Gold Corp. has provided results from continuing air-core drilling on its 100-per-cent-owned Kouroussa project, located in Guinea, West Africa. A program of 38 air-core holes totalling 2,034 metres cut across the top of a laterite plateau on the eastern margin of the extensive Manie geochemical anomaly, located eight kilometres north of Cassidy's Sanu Filanan deposit. Highlights include 2.55 grams per tonne gold over 24 metres in KRAB774 and 2.99 g/t Au over 24 metres in KRAB777.

Air-core drilling consisted of three fences of between 10 and 15 holes each, oriented to the east-northeast across a prominent north-trending ridge along the east side of the Manie geochemical anomaly. The two fences to the north are 120 metres apart and intersected significant widths of gold mineralization. The third fence, 240 metres farther south, is east of the projected zone of mineralization. All three lines run obliquely to the mineralized trend.

Highlights from the northern line from west to east include 0.82 g/t Au over 56 metres in KRAB773, 2.55 g/t Au over 24 metres in KRAB774, 0.76 g/t Au over 16 metres in KRAB 776 and 2.99 g/t Au over 24 metres in KRAB777. Stepping south 120 metres, highlights from west to east include 2.63 g/t Au over eight metres in KRAB785, 0.52 g/t Au over 16 metres in KRAB789, 0.46 g/t Au over 60 metres in KRAB790 and 0.64 g/t Au over 16 metres in KRAB791 (see Table 1).

            TABLE 1

AIR-CORE DRILL RESULTS FOR 777 ZONE

Hole ID  From  To  Length  Au

         (m)  (m)   (m)  (g/t)

KRAB772 28.0  48.0  20.0  0.66

KRAB773  0.0  56.0  56.0  0.82

KRAB774  0.0  24.0  24.0  2.55

KRAB774 40.0  60.0  20.0  0.59

KRAB775  0.0  12.0  12.0  0.46

KRAB776 20.0  36.0  16.0  0.76

KRAB777  4.0   8.0   4.0  2.23

KRAB777 28.0  52.0  24.0  2.99

KRAB780 48.0  52.0   4.0  2.38

KRAB780 64.0  69.0   5.0  1.15

KRAB783 40.0  44.0   4.0  2.73

KRAB785 16.0  24.0   8.0  2.63

KRAB789  4.0   8.0   4.0  1.19

KRAB789 16.0  32.0  16.0  0.52

KRAB790  0.0  60.0  60.0  0.46

KRAB791  0.0  16.0  16.0  0.64

KRAB796 12.0 16.0 4.0 1.07

Mineralization is located at the indicated contact between a trachyte unit to the west, and a mafic volcanic and dolerite unit to the east. True thicknesses of the 777 mineralization is currently not known. A follow-up program of air-core drilling stepping to the northeast will attempt to locate the strike extension to the mineralization. An updated location map will be posted on the company website shortly.

The RC drill is completing resource drilling at Sanu Folo and preparing for a significant resource drill program at Kinkine. The diamond drill has begun a short program to define structural controls to mineralization at Kinkine. The air-core rig continues at Benegban and is scheduled to follow up on the new 777 zone, testing to the north-northeast along the apparent strike of mineralization. From Manie, air-core drilling will move to Dalaoule. Airborne magnetics and soil geochemical anomalies, coupled with widespread artisanal mining activity, make Dalaoule another priority target.

Air-core drill samples were collected from the cyclone and split or pipe sampled to one-kilogram size. All samples were sent to the SGS analytical laboratory in Siguiri, Guinea, for fire assay using a 50-gram subsample. Samples assaying greater than five g/t gold are reassayed using a metallics screen technique. Repeat assays are made on every 25th sample, and duplicates and blanks are submitted, one each in every 20 samples. Quality control/quality assurance is closely monitored by RSG Global personnel.

Project manager Nick Hewson of RSG Global heads the exploration team in Guinea. Christopher J. Wild, PEng, vice-president of exploration for Cassidy Gold, is currently in Kouroussa and is the qualified person for this release.