Good results from assays
Mr. Ivan Bebek reports
CAYDEN DRILLS 16 M OF 5.89 G/T GOLD AND 10 METERS OF 5.88 G/T GOLD IN SEPARATE MINERALIZED STRUCTURES AT EL BARQUEAPLUS OR MINUSO
Cayden Resources Inc. has released results from the company's continuing core drilling program at the El Barqueno gold property in Jalisco state, Mexico.
Drilling highlights include 16 meters of 5.89 g/t Au (including 2 meters of 38.05 g/t Au) in hole 14, 10 meters of 5.88 g/t Au in hole 10 and 20 meters of 1.79 g/t hole 13. (See Table 1 below or www.caydenresources.com for significant intercepts).
The first 14 holes at the Azteca target area have tested approximately 1 km of a 2.2 km of strike length and all but one hole have successfully intersected gold mineralization.
Table 1 - Drill results from the Azteca target area at El BarqueAplus or minuso (BDD0001 = hole 1):
Hole ID FromTo WidthAu (g/t)Ag (g/t)Cu (%) BDD0005 33 45 12 0.57 2.9 0.03 BDD0006 26 43 17 1.61 8.0 0.11 BDD0007 49 55 6 1.98 13.4 0.11 Including 51 52 1 10.90 17.8 0.08 BDD0008 129172 43 0.61 9.5 0.45 Including 159172 13 1.74 13.6 0.63 BDD0009 9 27 18 0.54 5.3 0.13 BDD0010 10 20 10 5.88 5.5 0.03 Including 12 13 1 28.6 11.3 0.0054 BDD0012 127135 8 0.67 8.9 0.38 BDD0013 3 23 20 1.79 4.08 0.12 BDD0014 30 46 16 5.89pending pending Including 31 33 2 38.05pending pending BDD0014 59 66 7 7.83pending pending Including 64 65 1 44.3pending pending
Cayden has completed approximately 3500 meters of its ongoing 5000 meter program with 8 holes currently pending assay. The Azteca results received to date indicate that gold grades continue at depth where drill holes have also encountered increasing copper grades. The drilling has discovered additional mineralized structures that were not originally identified by the recently completed surface trenching programs. Additional holes will target down dip and in opposing directions (scissor holes) in order to further define the geometry of the mineralized structures.
The company has also been conducting trenching in multiple new target areas identified through surface mapping and soil sampling programs, results from these programs will be released shortly.
President and CEO Ivan Bebek states: "We are very pleased with the results to date from our ongoing drill program at El BarqueA and we are looking forward to receiving additional results in the coming weeks. We are continuing to see more evidence for the discovery of multiple, shallow higher grade gold deposits throughout the El Barque concessions."
