Home > Boards > US OTC > Mining/Resources > Cusac Gold Mines Ltd. (CUSIF)

Cusac to Drill Oro Vein Discovery at Taurus

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
basserdan Member Profile
Member Level 
Followed By 310
Posts 76,884
Boards Moderated 4
Alias Born 07/06/02
160x600 placeholder
basserdan Member Level  Monday, 04/30/07 12:10:55 PM
Re: None
Post # of 73 

Cusac to Drill Oro Vein Discovery at Taurus II Project

Monday April 30, 9:00 am ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 30, 2007 -- David H. Brett, President, Cusac Gold Mines Ltd. (Toronto:CQC.TO - News)(OTC BB:CUSIF.OB - News)(Frankfurt:DCB.F - News) (the "Company"), reports that the Company will shortly commence a 6 hole, 900 meter diamond drilling program on the Oro Vein, a large mineralized quartz vein structure discovered in 2006 within the Taurus II project area.

"With major work on the 1.04 million ounce Taurus Project looming, we felt that now was an excellent window of opportunity to do some follow-up drilling on the highly prospective Oro Vein System," said Cusac CEO David Brett. "The Oro Vein is a large and strong quartz structure that could have a major impact on our gold resource picture."

The Oro Vein averages 3.9 meters in width and swells up to 10 meters in places over its currently identified strike length of 225 meters. The quartz contains the type of sulfides which are a good indicator of gold potential in the district. Taurus II drilling last season obtained a 3.05 metre intercept of 3.6 grams per tonne gold in the main Oro Vein and 7.3 grams per tonne gold over 2.25 meters in a parallel structure, the Oro South.

The new holes will step out to the west where grades appear to be improving. The Oro Vein is one of the largest mineralized structures discovered to date on the Table Mountain property. It is located directly in line with other large scale quartz zones such as the Reo Vein System and the newly discovered Blue Zone, which returned 28.35 meters of 1.04 grams per tonne gold, as previously reported in 2006.

"The Oro Vein is a strong target with potential to host both high-grade vein ore and bulk tonnage disseminated gold ore," said Cusac VP of Exploration, Lesley Hunt. "It is located within a dominant structural trend hosting by far the largest quartz structures on the property."

George Sanders, M.Sc, P.Geo, is a Qualified Person as defined by National Instrument 43-101 and has reviewed the technical content of this News Release.

David H. Brett, President & CEO


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist