Cassidy hits shallow gold-rich zones in Guinea

Vancouver – The Sanu Filanan and the X-Vein zones on Cassidy Gold’s (CDY-V) Kouroussa property in Guinea, are not looking hungry for near-surface gold judging by recent drill results.

The Kouroussa property in which Cassidy owns a 100% interest is subject to a 15% state participation.The mineralization is hosted in mafic metavolcanic and metasedimentary rocks, apparently of Birimian age. Birimian lithologies host most of the major gold deposits of West Africa including Obuasi, Sadiola, and Siguiri.

The recent diamond drilling returned signficant results in all the holes testing the Sanu Filanan zone. These results continuing to add to the near-surface resource that is in the final stages of being prepared by RSG Global.

KD-87 intersected 3.48 grams gold per tonne over 30.4 metres and is up-dip of two previous equally impressive intercepts in holes KD-12 and KD-49. The mineralization lies about 25 metres below surface which is almost 70 metres above the level of mineralization found in KD-12.

Holes KD-88 intersected the Sanu Filanan zone with good grades of gold over 19.1 metres, at an average depth of 20 metres and another one starting from 71 metres downhole grading 5.73 grams gold over 29 metres.

Shallow targets continue to be tested along the Sanu Filanan Zone by at least 6 drill holes for the southern half of the Sanu Filanan Zone, and 11 drill holes total 875 metres are planned for shallow targets along the JJ Vein trend.

Meanwhile the X-Vein zone is showing high-grade vein-style mineralization and significant bulk tonnage potential as well. Recent drill-testing some 3.5 km northwest of the Sanu Filanan Zone returned 1.29 grams gold over 29 metres from 4-metre depth in hole 7.

Hole 6 drilled 300 metres west of the X Vein trend failed to turn up anything of interest.Trenching using a bulldozer is slated for the X-Vein.

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