Cascade Targets Two Additional Sites at Mazama Project
17 11월 2003 - 9:30PM
PR Newswire (US)
Cascade Targets Two Additional Sites at Mazama Project SEATTLE,
Nov. 17 /PRNewswire-FirstCall/ -- Cascade Mountain Mining Company,
Inc. (BULLETIN BOARD: CSCA) a Nevada mining and exploration
corporation, announces today that two additional sites have been
identified for further exploration at Cascade's Mazama Project
located in northwest Washington State. In addition to the current
diamond drilling program at Diamond Drill Hole #1, Cascade has
targeted two additional sites which in earlier samplings have
exhibited exciting showings. The second target, initially
identified as Area 8, shows an excellent surface copper oxide which
has previously been reported to carry over 1% copper at the contact
of the quartz diorite and the porphyry. Based on these results, the
sample area has been extended to a width of 20 feet. Three
additional samples have been submitted for evaluation to ALS Chemex
of Vancouver, British Columbia. An additional target located in the
western portion of the main deposit has been reported to carry
workings of copper and gold. These adits will be mapped, and these
samples will additionally be submitted for evaluation. According to
Cascade Mining Chief Geologist Michael Skopos, "The early results
from these additional drill sites are encouraging. We are very
pleased with these early reports. Initial samplings from Area 8 and
the western portion of the main deposit have provided exciting new
opportunities for further evaluation." About Cascade Mountain
Mining Cascade Mountain Mining, http://www.cascade-mining.com/,
owns 31 mining claims, which encompasses the Mazama Project. The
Company is in the process of confirming previous exploration work
that was started in 1963 by Bear Creek Mining (the exploration
division of Kennecott), Brenda Mines (Noranda), Exxon Minerals, and
others. Cascade was formed in 2002 to develop these and other
reserves subject to their economics. The Company intends to
concentrate entirely solely on claims that become available that
have been "worked". This means the claims have known ore reserves
where data is available on test borings and analysis which shows
that a mining operation is marginally profitable or close to
breakeven, given the mining techniques and commodity price of the
metals extracted at the time. Cascade Mountain will re-evaluate
such analysis, typically by adding more testing and by "upgrading'
the ore-to- waste ratio. This is done by employing the newest
mining technology, employing state-of-the-art 3-dimensional
computer modeling and targeting the enriched areas of a group of
claims. Safe Harbor Statement The statements contained in this news
release that are not historical facts may be statements regarding
the Company's future that involve risks and uncertainties which
could cause actual results to differ materially from those
currently anticipated. For example, statements that describe the
Company's hopes, plans, objectives, goals, intentions or
expectations are all forward- looking statements. Any such
statements made herein about the Company's future are only made as
of the date of this news release. Numerous factors, many of which
are beyond the Company's control, may affect actual results. The
Company undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances. DATASOURCE: Cascade Mountain Mining CONTACT: David
Zazoff of FOCUS Partners LLC, +1-212-752-9445, or , for Cascade
Mountain Mining Web site: http://www.cascade-mining.com/
Copyright