Cassidy Gold Corp. - Press Release - Secular Bull

Cassidy Gold Corp. has provided additional results from continuing reverse circulation (RC) drilling on its 100-per-cent-owned Kouroussa project, located in Guinea, West Africa. A program of 16 RC holes totalling 1,371 metres stepped 200 metres to the southwest and 120 metres to the northeast along strike. Highlights include: 1.19 grams per tonne (g/t) gold (Au) over 20 metres in KRC836; 1.20 g/t Au over 20 metres in KRC841; and 2.13 g/t Au over 12 metres in KRC842.

A program of resource drilling was completed on the Junction zone, totalling 1,371 metres in 16 RC drill holes. Two holes, 30 metres apart, were completed on sections spaced every 40 metres along strike, extending mineralization 120 metres to the northeast and 200 metres to the southwest. Holes KRC833 -- KRC840 fill-in from the southwest and KRC843 -- KRC848 step-out to the northeast.

Highlights toward Sodyanfe (Bag Farm and Ridge zones) to the southwest include: 1.77 g/t Au over 5.0 metres in KRC839; 1.20 g/t Au over 20.0 metres in KRC841; 0.96 g/t Au over 13.0 metres in KRC837; 1.46 g/t Au over 10.0 metres in KRC835; 1.19 g/t Au over 20.0 metres in KRC836; 1.25 g/t Au over 7.0 metres in KRC834; and 2.28 g/t Au over 5.0 metres in KRC833 on the southwesternmost section. Previously released aircore drill results include 0.98 g/t Au over 20 metres in KRAB331 and 0.62 g/t Au over 16 metres in KRAB332, approximately 100 metres south of KRC834, and 1.94 g/t Au over seven metres in KRAB338 and 1.56 g/t Au over 52 metres in KRAB340, approximately 350 metres farther southwest. Further step-out drill holes will continue to test this trend.

      TABLE 1 -- RC DRILL RESULTS

            FOR JUNCTION ZONE

Hole ID    From     To    Length    Au

            (m)    (m)      (m)    (g/t)

KRC833      27.0   29.0     2.0    1.70

            43.0   48.0     5.0    2.28

KRC834      47.0   49.0     2.0    0.94

            60.0   67.0     7.0    1.25

            73.0   75.0     2.0    0.81

KRC835       4.0   14.0    10.0    1.46

            39.0   46.0     7.0    0.54

KRC836      46.0   50.0     4.0    1.28

            61.0   81.0    20.0    1.19

KRC837       9.0   26.0    17.0    0.66

            32.0   45.0    13.0    0.96

KRC838      19.0   23.0     4.0    0.92

KRC839      14.0   19.0     5.0    1.77

            24.0   31.0     7.0    0.92

KRC840      53.0   57.0     4.0    0.84

            71.0   77.0     6.0    0.64

KRC841      28.0   30.0     2.0    1.32

            55.0   75.0    20.0    1.20

KRC842      43.0   45.0     2.0    0.99

            60.0   68.0     8.0    0.57

            69.0   81.0    12.0    2.13

KRC844      30.0   32.0     2.0    1.09

            41.0   58.0    17.0    0.84

KRC846      34.0   37.0     3.0    1.50

To the northeast, highlights include 0.84 g/t Au over 17.0 metres in KRC844 and 1.50 g/t Au over 3.0 metres in KRC846. These results show Junction zone mineralization weakens to the northeast. Reported lengths in RC holes approximate true thicknesses.

The RC drill has just completed five holes on the new Kinkine zone to confirm the geometry and continuity of mineralization recently announced by Cassidy Gold, including 2.40 g/t Au over 75.0 metres. The RC drill has moved to Sanu Folo to test extensions to mineralization there. In the meantime, Cassidy Gold is planning a significant resource drill program at Kinkine. Further step-out drilling is also planned for Junction.

A total of 1,503 metres in 12 diamond drill holes was just completed at the Sanu Folo zone. Drilling has moved to Junction. Core holes are also planned for Bag Farm, Manie and Kinkine. Core drilling will be used to assess the structural geology, lithology and alteration, and to collect samples for bulk density determinations and metallurgical testwork.

The aircore rig has been sent north to Benegban to test a significant soil geochemical anomaly and artisanal dig site. Preparations are nearly complete to then move the aircore rig to Dalaoule and Banjounani in the western portion of the Tambiko permit. Airborne magnetics and soil geochemical anomalies, coupled with widespread artisanal mining activity make Dalaoule a priority target. Soil geochemistry is planned for north and east of Dalaoule, and west of Benegban. Currently, a crew is conducting a soil geochemical survey at Karikarissa, 30 kilometres northeast of Sanu Filanan.

RC and aircore 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, exploration, for Cassidy Gold, is currently in Kouroussa, and is the qualified person for this release.