Cassidy Gold Corp.: Impressive Kinkine Results at Kouroussa Gold Project, Guinea
4/18/2006
KAMLOOPS, BRITISH COLUMBIA, Apr 18, 2006 (CCNMatthews via COMTEX News Network) --
Cassidy Gold Corp. (TSX VENTURE:CDY) is pleased to announce results from ongoing reverse circulation (RC) drilling on its 100%-owned Kouroussa Project, located in Guinea, West Africa. A series of 5 RC holes totalling 614 metres "scissored" previous RC holes on 2 sections 80 metres apart, across the Kinkine Zone. Kinkine is located 4 kilometres north of Cassidy's Sanu Filanan deposit. Highlights include 17.70 g/t Au over 14 metres in KRC861 and 16.70 g/t Au over 28 metres in KRC862.
Kinkine Zone
Kinkine was drilled by RC to follow-up on strong aircore drill results over an area of significant historical artisanal mining activity and coincident anomalous soil geochemistry. That program, described in Cassidy Gold Corp News Release dated March 16, 2006, included 2.68 g/t Au over 60 metres in KRC828 and 6.01 g/t Au over 7.0 metres and 2.40 g/t Au over 75.0 metres in KRC829. Multiple zones were indicated, so to test if drill holes were drilled down dip, 5 holes were collared on 2 sections, "scissoring" mineralized zones indicated in the March drilling.
Results of the "scissor" holes demonstrate that several zones of vein-related gold mineralization striking northerly and dipping at a very shallow to moderate angle to the west. A series of lower grade easterly-directed extensional veins are also indicated. The southern RC line includes the longest and highest grade intervals. KRC861 and KRC862 intersected "bonanza-type" veins grading 17.70 g/t Au over 14.0 metres and 16.70 g/t Au over 28.0 metres, respectively, at an oblique angle to the dip. KRC860 intersected 2.40 g/t Au over 19.0 metres, the lower portion of the long interval in KRC829. Similarly, KRC861 intersected 1.69 g/t Au over 35.0 metres that correlated to a portion of the mineralized zone in KRC828