The Company is pleased to announce the results of a 45-sample geochemical program on its 70% owned Sarita Este (Regberg as to 30%) gold prospect in Salta province, Argentina. The property is in the southern portion of Sierra de Taca Taca, a mountain range formed of uplifted Ordovician granite. The gold showing is within a few kilometres of the Sarita Este and the Taca Taca Cu-Au-Mo deposit’s western claim boundary. This phase of the exploration program included mapping, sampling and identification of areas of alteration that the 45 samples are taken from.
The mean weight of the 45 samples is 0.78 kgs and the range is 0.50 kgs to 1.35 kgs. This phase of mapping and sampling has upgraded the results for the prospect. Previous geochemical surveys were conducted by Cascadero in 2006 and 2012.
This sampling has increased the density of mineralization in most of the altered areas that host the mineralization which extends over 500 metres east west by 800 metres north south. The showing is open to the north, west and south.
The samples are selected samples and are not necessarily representative of the mineralization hosted on the showing.
The range of the 45 sample assays is from 0.014 g/t Au to 42.0 g/t Au and the mean value is 8.880 g/t Au. Thirty-two (32) of the 45 samples are geochemical analyses and as such the best practice is to use caution in using these samples until an Au fire assay is conducted.
Thirteen (13) over limit gold (>10,000 g/t) were fire assayed (MA450). The range of these 13 samples is from 10 g/t Au to 42.0 g/t Au and the mean is 24.954 g/t Au.
The range of the next thirteen (13) gold samples were geochemical analyses (ICP) and ranged from 2.041 g/t Au to 9.672 g/t Au and the mean was 4.898 g/t Au. The results of these thirteen (13) samples may vary materially from the results of the geochemical analyses published in this news release and the reader should use caution in using these values.
The range of the 45 sample silver geochemical analyses ranged between 0.60 g/t to 24.355 g/t Ag and the mean value was 3.910 g/t Ag.
The range of the 45 sample copper geochemical analyses is from 0.055 ppm Cu to 3778 ppm Cu. The mean geochemical analysis is 0.078 ppm Cu.
It is apparent from surface observation and mapping that fire assays and geochemical analyses suggest the presence of multiple gold bearing vein zones and vein arrays with a general orientation of 060o. The showing occurs in a broad area of alteration including a Sericite-Clay-Limonite Zone and a Hematite Zone. The range of the widths and strike lengths of the veins is unknown.
The showing appears to be gold dominant as the silver, copper, zinc and lead geochemical analyses are low. The style of mineralization may have an Iron-Oxide- Copper-Gold (IOCG) affinity.
The Sarita Este property is an early stage exploration project on which no mineral resource has been identified nor has the economic viability or technical feasibility been established. The property has never been subject to a drill program.
All samples were shipped to Bureau Veritas, Mendoza for preparation and shipped by then air freight to Bureau Veritas, Vancouver for 51-element MA250 ICP. The over limit gold assays were assayed by FA450 fire assay.
The Company is not a related party to Bureau Veritas.
George Gale, P.Eng., approved the technical content of this news release and is a Qualified Person under NI 43-101.
Cascadero Copper Corp
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