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rmarc   Tuesday, 07/31/07 12:38:16 PM
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Good news from Cusac
Cusac Gold Mines Ltd.: Taurus Drilling Yields 1.25 Grams Gold Over 80 Meters, 27.9 Grams Gold over 5.5 Meters

Vancouver, British Columbia CANADA, FSC, Jul 31, 2007 (M2 PRESSWIRE via COMTEX) -- Cusac Gold Mines Ltd. (CQC - TSX, CUSIF - OTCBB), David H. Brett, President, Cusac Gold Mines Ltd. (hereinafter "Cusac"), reports that assay results from the first two 2007 Taurus Deposit drill holes confirm broad zones of near surface low-grade gold mineralization and also reveal a higher grade zone at depth over significant widths. Hole 07TC-01 returned 1.25 grams per tonne gold over 79.9 meters and a separate, lower zone grading 27.9 g/t over 5.5 meters (0.90 ounces per ton over 18 feet). Hole 07TC-02 returned 1.14 grams per tonne over 64.2 meters. The foregoing grades are not capped. Please see detailed results in the table below for the uncapped and capped grades. The Taurus Deposit hosts a 43-101 compliant inferred resource of 1.04 million ounces of gold and is located near Cassiar in northern British Columbia.
Cusac is completing a 25 hole infill, step-out, and metallurgical diamond drill program designed to increase the overall tonnage and grade of the deposit, improve confidence in the resource calculation, and obtain material for detailed metallurgical testing. Further drill results from the Taurus Deposit are expected in the coming weeks.

The first two holes of the 2007 Taurus drilling program intersected intensely altered volcanics hosting abundant quartz veins and stringers, some containing visible gold. These types of mineralized zones are known as either T4 (>5% quartz) or T4A (<5% quartz) and have shown good gold recoveries in previous metallurgical studies. Cusac geologists are also reviewing several kilometers of previously unsampled drill core stored on site to test potential low grade mineralization that was overlooked in past drilling. Any additional low grade material discovered could add resources to the deposit.

Much of the historical Taurus deposit drilling was completed on 50 meter spacing. Cusac's infill drilling will halve this to 25 meter spacing and is a first step in taking the Taurus resource from the inferred category to an indicated category. The lower, narrower horizon of strongly mineralized volcanics apparent in 07TC-01 includes an extremely high gold assay of 145.0 g/t over 1. 0 meter (4.66 ounces per ton over 3.28 feet). This result shows good potential for infill drilling to increase the grade of the deposit.

"These early results from Taurus are very encouraging," said Cusac CEO David H. Brett. "We are seeing good grades over broad zones in material known to exhibit high gold recoveries in previous metallurgical testing."

"There are a few high grade spikes in the data, often where the geologists also observe visible gold in the core, but the overall effect of capping these gold grades has little effect on average grade over long intervals confirming the true disseminated nature of the Taurus mineralization," stated George Sanders, M.Sc., P. Geo, the Qualified Person under National Instrument 43-101 for the technical portion of this News Release.

-***- --------------------------------------------------------------- Capped at Hole ID FROM TO g/T 12.42 g/T* m Core --------------------------------------------------------------- 07TC-01 3.05 83.00 1.25 1.15 79.95 incl 12.15 63.90 1.61 1.46 51.75

07TC-01 100.40 111.55 14.0 2.11 11.15 incl 101.90 107.40 27.9 3.84 5.50

07TC-02 5.50 69.70 1.14 1.14 64.20 incl 14.30 52.85 1.29 1.29 38.55 incl 66.40 69.70 5.06 5.06 3.30 --------------------------------------------------------------- *This column shows average assay results if assays over 12.42 g/t are capped at 12.42, which is a factor derived from Wardrop Engineering's 43-101 report on the deposit.

-****-

Cusac Gold Mines, Ltd., in existence since 1966, is a gold production and exploration company focused on the 175 square KM Cassiar Gold Property in northern British Columbia. Please visit our website www.cusac.com for more information.

All assays reported in this news release were prepared by Eco Tech Laboratory Ltd. of Kamloops, B.C.


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