More great assays from CYD> Proving up another possible major deposit?
Cayden drills 8 meters of 16.1 g/t gold and 55 meters of 0.92 g/t gold at Angostura
Vancouver, British Columbia – July 22nd, 2014 – Cayden Resources Inc. (TSX.V:CYD, OTCQX:CDKNF) (“Cayden” or the “Company”) is pleased to announce additional drill results from Angostura, the third of nine priority targets being tested at the Company’s El Barqueño Gold project located in Jalisco State, Mexico.? Highlights include 8 meters of 16.1 g/t Au including 2.0 meters of 41.9 g/t Au in hole 91 and 55 meters of 0.92 g/t Au and 0.30% Cu in hole 86.
The latest results at Angostura which is a parallel structure 1km NW of the Azteca target includes a drill hole intercept with “grade times width” of +100 g/t meter gold. This makes Angostura the third target to deliver a +100 g/t meter intercept. Cayden is continuing to drill the Angostura structure and there are currently six additional holes pending assays (Please see Figure 1 below or www.caydenresources.com for a drill location map and Figure 2 for a cross-section).
President and CEO Ivan Bebek stated: “Angostura is the third significant gold discovery at El Barqueño, where 6 additional targets remain to be drill tested and several outcropping mineralized areas have yet to be explored. The Company anticipates receiving additional drill permits in the near future that will open up all of the targets drilled to date for expansion both along strike and at depth. The El Barqueño concessions continue to support the potential discovery of a world class gold district.”
AI
