Results just keep on the positive track
"Cayden drills 45 meters of 4.06 g/t gold and 19 meters of 4.98 g/t gold at Peña de Oro
Vancouver, British Columbia – June 26th, 2014 – Cayden Resources Inc. (TSX.V:CYD, OTCQX:CDKNF) (“Cayden” or the “Company”) is pleased to announce results for 11 additional drill holes from the Peña de Oro target (“Peña”) at the Company’s El Barqueño Gold Property in Jalisco State, Mexico.?Highlights include 45 meters of 4.06 g/t Au with 0.39% Cu in hole 76, 19 meters of 4.98 g/t Au with 0.26% Cu in hole 80, 20 meters of 2.58 g/t Au with 0.36% Cu in hole 73 and 30 meters of 1.70 g/t Au with 0.88% Cu in hole 78.
Table 1 – New Drill results from the Peña de Oro target at El Barqueño:
Hole ID From To Width Au (g/t) Ag (g/t) Cu %
BDD0066 93 100 7 0.07 1.6 0.25
BDD0073 102 106 4 1.22 2.8 0.35
BDD0073 130 150 20 2.58 3.6 0.36
BDD0074 141 146 5 0.08 2.3 0.53
BDD0074 213 226 13 0.44 5.8 0.46
BDD0074 236 251 15 0.26 7.3 0.76
BDD0075 91 142 51 0.71 3.3 0.38
BDD0075 150 165 15 0.53 2.2 0.23
BDD0076 59 104 45 4.06 8.3 0.39
including 99 101 2 63.25 119.4 2.21
including 103 104 1 13.9 14.7 0.99
BDD0077 72 100 28 0.97 2.9 0.40
BDD0078 56 86 30 1.7 2.9 0.88
BDD0079 23 27 4 0.87 0.8 0.07
BDD0079 39 53 14 0.6 2.1 0.13
BDD0080 20 25 5 0.61 0.4 0.03
BDD0080 45 64 19 4.98 3.5 0.26
including 61 62 1 17.2 12.8 1.45
BDD0081 37 42 5 0.43 2.4 0.4
BDD0081 92 95 3 0.69 20.6 0.26
BDD0081 107 128 21 0.07 3.4 0.43
BDD0082 92 108 16 2.37 5.7 0.63
The 41 holes released to date at Peña de Oro have only partially tested one of three mineralized structures identified within the target area. These results have increased the maximum vertical depth tested to 200 meters; the structure remains open at depth and along strike in both directions. Once additional permits are received (currently in process), an aggressive second phase of drilling will target the open strike length and depth extensions throughout the Peña de Oro area. (Please see Figure 1 below or www.caydenresources.com for a drill location map and Figure 2 / 3 for a cross-section)
Cayden is now drilling its initial exploration holes at the Angostura target. Once completed, the drill will move to the Zapote target.
The El Barqueño concessions contain multiple, strong, widespread mineralized systems, some with kilometers of strike length. In preparation for an expansive exploration drill program planned for this fall, CSAMT and gradient array geophysical programs are currently underway over the Azteca, Peña de Oro, Zapote and Angostura target areas.
President and CEO Ivan Bebek states: “Peña de Oro has delivered the highest gram-meter intercept to date, demonstrating what the mineralized systems at El Barqueño are capable of delivering. We have a lot more to explore in all of our targets and are looking forward to an exciting year of aggressive exploration in what we believe is becoming a major gold and copper discovery.”
About Cayden Resources - Cayden is a junior mining company focused on delivering shareholder value through the acquisition, exploration and development of precious metal projects in Mexico. 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, health and safety for its employees and neighboring communities. Cayden trades on the TSX Venture Exchange under the symbol “CYD” and under CDKNF on the OTCQX Exchange."
