• Freitag, 15 November 2024
  • 20:46 Uhr Frankfurt
  • 19:46 Uhr London
  • 14:46 Uhr New York
  • 14:46 Uhr Toronto
  • 11:46 Uhr Vancouver
  • 06:46 Uhr Sydney

Cayden Resources to Commence Drilling at its Wildcat Copper-Gold Project Located in British Columbia, Canada

08.09.2011  |  Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire - Sept. 8, 2011) - Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce it has received permitting for a twelve hole, 2200 meter diamond drill program at its Wildcat copper-gold project located in the Omineca Mining Division of north-central British Columbia, Canada.

Cayden's phase one drilling program will consist of step-out drilling on previously intersected copper-gold porphyry style mineralization in a permissible host rock of a monzonite intrusion. The drilling program will also focus on several other completely glacial till covered areas within this same monzonite intrusion and airborne resistivity features. All potential combinations for porphyry style deposit occurrences. Drilling will commence at Wildcat as soon as site preparation, which has already started, is completed.

Monzonite hosts and is enveloped by the ore at Thompson Creek's Mount Milligan copper-gold property which is located 12 kilometers from the Wildcat property. The Mount Milligan copper-gold property has reserves containing 2,124 million lbs Cu and 6.02 million oz Au that is scheduled to go into production in 2013.

Cayden is also continuing drilling the La Hormiga target at the Morelos Sur Property in Guerrero, Mexico where assays from several holes are currently pending.

President and CEO Ivan Bebek states, "Cayden is encouraged by the widths of anomalous mineralization from past drill holes at Wildcat and the geophysical data defining the current targets. In addition to the potential of a significant gold discovery at Cayden's Morelos Sur project in Mexico, we have an excellent opportunity for a copper-gold porphyry discovery next to a nearby mine at the Wildcat property."


On Behalf of the Board,

Ivan Bebek
President and CEO



QUALIFIED PERSON

Ben Gelber, P.Geo., is the Qualified Person with respect to NI 43-101 at the Wildcat property.



About Cayden Resources

Cayden is a well financed junior mining company focused on delivering shareholder value through the acquisition, exploration and development of precious metal projects located throughout the Americas. The management team at Cayden is highly experienced with an impressive track record of success in the discovery, development and financing of mineral projects. Cayden is also strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighboring communities. Cayden trades on the TSX Venture Exchange under the symbol "CYD".

For more information on Cayden Resources, please visit out website at www.caydenresources.com.



Forward Looking and other Cautionary Information

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Common Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.




Contact Information

Cayden Resources Inc.
Ivan Bebek
President and CEO
(604) 683-8193
(604) 683-8194 (FAX)
info@caydenresources.com
www.caydenresources.com
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Cayden Resources Inc.
Bergbau
-
-
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.