Cassidy Embarks on Scoping Study for Kouroussa Gold Project, Guinea
25 7월 2008 - 1:07AM
Marketwired Canada
Cassidy Gold Corp. (TSX VENTURE:CDY) announces that Coffey Mining has been
retained to complete resource modelling and an updated resource estimate for the
Kouroussa Project. Coffey Mining will also complete a Scoping Study for
Kouroussa based on the updated resource. SENET of South Africa has been retained
to explore processing and plant design options for the project. Anticipated
completion of the Scoping Study and report is November 2008.
The current study will build upon scoping work conducted in late 2007 by Coffey
Mining and SENET. That earlier work suggested that a larger resource base was
required to justify an operation producing in excess of 100,000 ounces of gold
per year. Further work will investigate lower throughput options to scale the
project appropriately. In addition, a 14,899-metre RC drill program completed
between November 2007 and May 2008 was successful in extending and refining the
near-surface mineralization in and around the Junction, Sanu Filanan, and
JJ/KD-1 deposits.
Coffey Mining, a part of Coffey International Limited, provides a wide range of
technical consulting services to all sectors of the international minerals
industry from exploration target definition through to mine closure. Coffey
Mining, through its subsidiary RSG Global Consulting, has provided project
management at Kouroussa since 2005.
SENET is a diverse, internationally recognized South African engineering and
project management company specializing in gold projects, process plants and
bulk materials handling projects in gold, mining, industrial, and power
generation sectors.
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, President & CEO
This press release may be accessed at Cassidy Gold Corp.'s website:
www.cassidygold.com and at www.sedar.com.
If you wish to be placed on Cassidy Gold Corp.'s e-mail press release list,
please contact us at cassidygold@telus.net.
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