Cassidy Gold Corp. is providing the results from the continuing reverse circulation (RC) drilling and diamond drilling on its 100-per-cent-owned Kouroussa project, located in Guinea, West Africa. Fourteen RC holes and four diamond drill holes, totalling 1,496 and 940 metres, respectively, were drilled on seven sections spaced every 40 metres along the Kinkine zone. A total of 35 RC holes have now been completed at Kinkine, four kilometres north of Cassidy's Sanu Filanan deposit. Highlights from the RC drilling include 1.48 grams per tonne gold over 28.0 metres in KRC889, 4.95 grams per tonne gold over 14 metres in KRC890 and 3.41 grams per tonne gold over 33.0 metres in KRC891. Highlights from core include 2.20 grams per tonne gold over 32.0 metres and 2.51 grams per tonne gold over 37.0 metres, both in KD181. True widths have not been calculated because mineralization is controlled in at least two orientations.

RC drilling

A series of 14 RC holes were arranged on five sections, stepping out at 40-metre intervals from the two sections completed earlier this year (see Stockwatch, March 16, 2006, and April 18, 2006). One fence of holes, KRC889 to KRC893, was completed between the original two sections. Highlights of latest drilling noted above complement earlier results, including 2.68 grams per tonne gold over 60.0 metres in KRC828 and 2.40 grams per tonne gold over 75.0 metres in KRC829. Latest results extend mineralization to approximately 250 metres north to south, and over 200 metres west to east. Mineralization remains open to the north and south, and to the east.

           KINKINE ZONE -- RC DRILL RESULTS

Hole ID     From (m)       To (m)    Length (m)    Au (g/t)

KRC886         35.0         41.0           6.0        1.17

KRC887         37.0         47.0          10.0        1.10

KRC888         64.0         76.0          12.0        1.30

and           107.0        111.0           4.0        1.76

and           135.0        141.0           6.0        1.80

KRC889         81.0        109.0          28.0        1.48

KRC890         19.0         25.0           6.0        2.50

and            50.0         64.0          14.0        4.95

KRC891          7.0         40.0          33.0        3.41

and            72.0         79.0           7.0        1.15

KRC892         46.0         61.0          15.0        1.39

KRC893          5.0         17.0          12.0        0.98

KRC894         35.0         43.0           8.0        1.16

KRC895         52.0         55.0           3.0        1.80

and            59.0         63.0           4.0        1.71

KRC896         21.0         25.0           4.0        1.83

KRC900         71.0         81.0          10.0        1.27

Diamond drilling

Four diamond drill holes totalling 940 metres were drilled on four of the drill sections to improve the geological interpretation. Core was oriented for structural analysis and samples were collected for bulk density measurements as part of an anticipated resource calculation. Two holes, KD180 and KD181, were drilled through the north-trending main zone mineralization and into a subordinate east-northeast-trending zone of mineralization. KD182 tested under the main zone but failed to intersect much significant mineralization, likely due to faulting along the west side of the Kinkine zone. KD183 intersected mineralization on strike with main zone mineralization.

        KINKINE ZONE -- DIAMOND DRILL RESULTS

Hole ID     From (m)       To (m)    Length (m)    Au (g/t)

KD180           9.0         14.0           5.0        1.03

and            32.0         39.0           7.0        2.22

and            43.3         51.0           7.7        1.40

and            56.0         63.0           7.0        2.26

and            74.0         86.0          12.0        0.83

and            90.0         96.0           6.0        1.48

and           186.0        187.0           1.0        4.97

and           201.0        202.0           1.0        1.65

KD181          30.0         36.0           6.0        1.53

and            47.0         79.0          32.0        2.20

and            83.0        120.0          37.0        2.51

and           183.0        184.0           1.0        9.00

and           266.0        274.0           8.0        0.76

KD182         236.0        237.0           1.0        2.99

KD183          27.0         29.0           2.0        1.20

and            66.0         68.0           2.0        3.84

and            78.0         84.0           6.0        1.60

and            88.0         89.0           1.0        3.06

and           136.0        137.0           1.0        4.22

and           141.0        145.0           4.0        1.18

An updated location map will be posted on the company's website shortly.

Exploration update

RC drilling continues to be focused on building gold resources in zones of prospective mineralization identified in aircore drilling. Currently, the RC drill is testing the 777 zone at Manie, four kilometres northwest of Kinkine. A second 11-hole, 1,430-metre infill program is planned at Kinkine. Additional resource drilling is planned at Sanu Folo and Junction. Planned core drilling has been completed. The aircore rig completed almost 2,200 metres of drilling in the Kinkine South area and continues to test geophysical and geochemical anomalies in the Dalaoule and Banjounani areas in the northwest quadrant of the property.

Sampling and assay procedures

RC drill samples were collected from the cyclone and split or pipe sampled to one-kilogram size. All drill core samples were split using a rock saw over sample lengths of 0.5 metre to 1.5 metres. Holes are drilled with HQ rods through the saprolite and reduced to NQ size once in bedrock, typically between depths of 40 metres and 100 metres. 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 grams per tonne 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 and quality assurance are closely monitored by RSG Global personnel.

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 the qualified person for this release.