Cassidy Gold Corp. (CDY:TSX-V) is pleased to announce results from ongoing reverse circulation (RC) on its 100%-owned Kouroussa Project, located in Guinea, West Africa. A series of 14 RC holes totalling 1502 metres continues to define the KD-1 Zone and an additional 9 RC holes totalling 770 metres continues to define mineralization on the east side of the Sanu Folo zone. Highlights from KD-1 Zone include 7.46 g/t Au over 32.0 metres in KRC975, 16.11 g/t Au over 11.0 metres in KRC973, and 2.79 g/t Au over 16.0 metres in KRC972. At Sanu Folo, highlights include 26.69 g/t Au over 5.0 metres in KRC984 and 3.55 g/t Au over 7.0 metres in KRC981. True thicknesses are approximately 65% of the reported sample lengths.

KD-1 Zone

KD-1 Zone is a northwest-trending zone of quartz veining and silicification 250 metres northeast of JJ and the east end of Sanu Folo, and 650 metres northeast of Sanu Filanan. Previous drilling including 11 RC holes (see Cassidy Gold News Release - November 23, 2005), 9 diamond drill holes, and a series of shallow "kit bit" RC holes across and adjacent to the mineralized trend, indicated the presence of significant near-surface gold mineralization. The recently completed program tested KD-1 along 400 metres of strike at a nominal 40 metres drill spacing. An updated drill hole location map will be posted at www.cassidygold.com shortly.

Recent drilling was very successful in connecting KD-1 mineralization over almost 550 metres of strike length. Best results occur toward the south where KRC976 intersected 2.26 g/t Au over 5.0 metres, KRC975 hit 7.46 g/t Au over 32.0 metres, and KRC974 hit 1.15 g/t over 15.0 metres. North 40 metres, KRC973 intersected 16.11 g/t Au over 11.0 metres and KRC972 hit 2.79 g/t Au over 16.0 metres. Another 80 metres north, KRC970 intersected 1.35 g/t Au over 6.0 metres and 0.81 g/t Au over 8.0 metres, and KRC969 intersected 0.73 g/t Au over 24.0 metres. KRC971 intersected 3.37 g/t Au over 8.0 metres 50 metres west of the main mineralized trend.

KRC967 and KRC968 stepped 120 metres north of KRC969 and 60 metres north of KRC222 (10.35 g/t Au over 13.0 metres) and 40 metres south of KRC203 (12.99 g/t Au over 8.0 metres), intersecting 16.4 g/t Au over 1.0 metres. Another 80 metres further north, KRC965 intersected 1.58 g/t Au over 4.0 metres and 0.69 g/t Au over 6.0 metres. Finally, 80 metres further north, KRC963 intersected 0.60 g/t Au over 10.0 metres and KRC964 hit 1.50 g/t Au over 2.0 metres (see Table 1).

Table 1 KD-1 Zone - RC Drill Assay Results

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

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KRC963       21.0     23.0         2.0     1.74

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 and         53.0     63.0        10.0     0.60

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KRC964      114.0    116.0         2.0     1.50

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KRC965       19.0     25.0         6.0     0.69

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 and         38.0     42.0         4.0     1.58

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KRC967       10.0     11.0         1.0     2.12

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 and         87.0     89.0         2.0     2.05

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KRC968       65.0     66.0         1.0    16.40

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KRC969       33.0     57.0        24.0     0.73

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 and         78.0     83.0         5.0     0.70

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 and        107.0    108.0         1.0     1.32

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KRC970       64.0     70.0         6.0     1.35

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 and         83.0     87.0         4.0     1.39

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 and         92.0    100.0         8.0     0.81

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 and        110.0    111.0         1.0     3.13

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 and        117.0    120.0         3.0     0.96

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 and        124.0    125.0         1.0     1.63

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KRC971       70.0     78.0         8.0     3.37

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 and         84.0     85.0         1.0     2.25

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 and        105.0    106.0         1.0     1.50

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KRC972       24.0     25.0         1.0     1.20

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 and         34.0     35.0         1.0     0.82

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 and         62.0     63.0         1.0     1.20

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 and         69.0     71.0         2.0     1.77

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KRC972       76.0     92.0        16.0     2.79

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KRC973        4.0     12.0         8.0     1.39

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 and         32.0     43.0        11.0    16.11

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 and         49.0     50.0         1.0     1.65

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 and         58.0     59.0         1.0     1.81

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KRC974        4.0     19.0        15.0     1.15

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 and         28.0     34.0         6.0     0.61

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KRC975        4.0      5.0         1.0     1.05

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 and         38.0     70.0        32.0     7.46

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KRC976       37.0     39.0         2.0     2.11

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 and        107.0    112.0         5.0     2.26

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Sanu Folo

The latest stage of RC drilling at Sanu Folo focussed on infilling the east side adjacent to and connecting with the JJ Zone. Sanu Folo consists of a series of sub-parallel, east-west trending, near-surface, gold-bearing quartz veins and silicified zones. RC holes are arranged on north-south fences spaced 40 metres apart. An updated drill hole location map will be posted at www.cassidygold.com shortly.

KRC977 and KRC978 were collared immediately adjacent to the JJ Zone, intersecting 1.39 g/t Au over 5.0 metres and 1.86 g/t Au over 4.0 metres, respectively less than 50 metres west of JJ. Forty metres west, KRC979 intersected 1.93 g/t Au over 3.0 metres and KRC980 hit 1.07 g/t Au over 7.0 metres. KRC981, 80 metres west of KRC979, intersected 3.55 g/t Au over 7.0 metres. KRC 984, another 80 metres to the west, intersected 26.69 g/t Au over 5.0 metres, including 75.0 g/t Au over 1.0 metre, where the east-trending Sanu Folo structure bends to the southeast, toward JJ.

Table 2 Sanu Folo Zone - RC Drill Assay Results

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

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KRC977       58.0     63.0         5.0     1.39

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 and         71.0     72.0         1.0     2.25

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KRC978       35.0     36.0         1.0    16.00

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 and         81.0     85.0         4.0     1.86

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 and         92.0     97.0         5.0     0.71

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KRC979       34.0     37.0         3.0     1.93

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KRC980       60.0     61.0         1.0     4.14

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 and         69.0     76.0         7.0     1.07

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KRC981       62.0     69.0         7.0     3.55

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KRC983        7.0     10.0         3.0     1.74

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 and         49.0     50.0         1.0     2.37

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KRC984       87.0     92.0         5.0    26.69

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 and        103.0    104.0         1.0     4.60

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Exploration Program

Drilling was completed on July 15th for the remainder of the wet season. Results have been compiled, interpreted, and used to model the various deposits at Kouroussa. RSG Global of Perth, Australia will be calculating an updated gold resource for the project and issuing a technical report in accordance with NI 43-101 guidelines. The resource study is expected to be completed in September.

Plans have been drawn up for the next stage of resource drilling at Kinkine, Sanu Filanan, Sanu Folo, JJ, KD-1, and West Plateau. RC drilling is also planned for Dalaoule, Banjounani, Manie, Kinkine-Daouda, X-Vein, Junction, and Bag Farm (Sodyanfe). Further regional-scale exploration is planned for Kouroussa North (Karikarissa), Kouroussa West, Tambiko, and the Kinkine Trend. Mobilization is planned for late September.

Sampling and Assay Procedures

RC drill samples were collected from the cyclone and split or pipe sampled to 1 kilogram size. All samples were sent to the SGS analytical laboratory in Siguiri, Guinea for fire assay using a 50-gram sub sample. Samples assaying greater than 5 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.

Personnel

Project Manager Nick Hewson of RSG Global heads the exploration team in Guinea. Christopher J. Wild, P.Eng, VP Exploration for Cassidy Gold Corp, is the Qualified Person for this release.

On behalf of the Board of Directors

Cassidy Gold Corp.

James T. Gillis

James T. Gillis , President

For further information please contact:

Jim Gillis, President – Phone: 250-372-8222 or Fax: 250-828-2269

This press release may be accessed at Cassidy Gold Corp.’s website: www.cassidygold.com and at SEDAR-CDY

If you wish to be placed on Cassidy Gold Corp.'s e-mail press release list, please contact us at cassidygold@telus.net

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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