Replies to post #373 on Gold Exploration in West Africa

[Ed Monton]

Cassidy Gold Corp.: Latest Drilling Results at Kouroussa

KAMLOOPS, BRITISH COLUMBIA--(CCNMatthews - Mar 23, 2004) -
Cassidy Gold Corp. (CDY-TSX-V) is pleased to announce high-grade
gold intercepts from ongoing diamond drilling on its Kouroussa
Property in Guinea, West Africa, including six additional drill
holes through the Sanu Filanan Vein structure. A total of 3741
metres in 26 diamond drillholes, KD-28 to KD-54, tested several
areas of artisanal working in the Koe Koe Area. Two holes, SD-1
and SD-2, totalling 196.5 metres, tested the eastern margin of
the Sodyanfe Area and one hole totalling 151 metres tested the
Marie Structure. To date, 56 diamond drill holes totalling 6984
metres have been completed on the property. Cassidy has the right
to earn 100% interest in the property, subject to a 15% state
participation.

Four of the six holes through the Sanu Filanan Vein structure
extend a thick zone of high-grade gold mineralization discovered
in KD-12 (5.92 g/t gold over 23.33 metres true thickness) down a
moderate to steep plunge to the northwest. Highlights include
6.41 g/t gold over 7.67 metres true thickness in KD-47, 46.87 g/t
gold over 2.47 metres true thickness in KD-48, 8.03 g/t gold over
17.43 metres true thickness including 12.93 g/t gold over 9.90
metres true thickness in KD-49B, and 9.42 g/t gold over 8.27
metres true thickness in KD-52. Two holes, KD-53 and KD-54,
extend strong mineralization discovered in KD-10 (4.94 g/t gold
over 16.97 metres true thickness) to the northwest and southeast.
Highlights include 7.29 g/t gold over 3.32 metres true thickness
in KD-53 and 13.00 g/t gold over 5.34 metres true thickness in
KD-54.

Two diamond drill holes investigated the structural controls on
the east side of the Sodyanfe soil anomaly. Highlights from
Sodyanfe include 1.00 g/t gold over 16.50 metres, 5.3 metres
below the surface, in the oxidized saprolite. All significant
results are included in Tables 1 - 6. For a complete plan and
sections of drilling to date, please refer to our web site:
www.cassidygold.com.

Ongoing Exploration Program

Diamond drilling is scheduled to resume on the Kouroussa Property
in mid-April. The next phase of drilling will focus on extending
high-grade gold mineralization in the Sanu Filanan structure
along strike and down-plunge to begin defining a resource.
Drilling is also planned for the JJ Vein to better define the
limits and structure in preparation for in-fill drilling.

The addition of a bulldozer and water truck to our available
equipment will allow access and water to a number of targets
further afield on the Kouroussa and Tambiko concessions, where a
number of areas of concentrated artisanal workings have been
identified including Sodyanfe, Benegba to the north, Bokoro to
the northwest, and Bandjounani to the west. Regional geochemical
sampling including termite mound sampling is ongoing.

Sanu Filanan Vein Trend

The four drill holes completed around KD-12 are beginning to
define the geometry of a very significant zone of thickening
discovered in KD-12. That zone appears to plunge moderately to
steeply to the northwest. KD-47 intersected the zone 40-45 metres
below surface, between KD-4 and KD-12. KD-48 extended the strike
28 metres northwest from KD-12. KD-49 tested approximately 30
metres down dip of KD-12, confirming both grade and thickness.
KD-52 stepped 44 metres northwest of KD-12 and to a depth of 155
metres below surface.

KD-53 and KD-54 tested below KD-10 at the southeast end of the
defined structure, 30 metres to the northwest and 22 metres to
the southeast, respectively. Both holes suggest that a thickened
zone of mineralization plunges steeply in the vicinity of KD-10.
KD-54 extended the strong gold mineralization discovered in KD-10
to the limits of artisanal workings on the Sanu Filanan
structure. The deposit is open to the northwest, southeast, and
to depth.

 
  
 Table 1: Sanu Filanan - Summary of Results 
 -------------------------------------------------------------------- 
                                                          True   Gold 
 DDH    Azimuth    Dip   Depth    From      To  Length   Thick   (g/t) 
 -------------------------------------------------------------------- 
                        metres  metres  metres  metres  metres  
 -------------------------------------------------------------------- 
 KD-47      228    -45  115.00   57.90   68.75   10.85    7.67   6.41 
 -------------------------------------------------------------------- 
  incl                           57.90   64.50    6.60    4.67   8.46 
 -------------------------------------------------------------------- 
 KD-48      216    -45  117.00   12.00   27.00   15.00           0.90 
 -------------------------------------------------------------------- 
  and                            78.50   82.00    3.50    2.47  46.87 
 -------------------------------------------------------------------- 
 KD-49      216    -45  220.00  152.55  204.00   51.45   36.38   4.42 
 -------------------------------------------------------------------- 
  incl                          170.35  204.00   33.65   23.79   6.15 
 -------------------------------------------------------------------- 
  incl                          172.35  197.00   24.65   17.43   8.03 
 -------------------------------------------------------------------- 
  incl                          183.00  197.00   14.00    9.90  12.93 
 -------------------------------------------------------------------- 
 KD-52       36    -45  253.00  203.05  247.50   44.45   31.43   2.86 
 -------------------------------------------------------------------- 
  incl                          204.30  223.00   18.70   13.22   6.21 
 -------------------------------------------------------------------- 
  and                           204.30  216.00   11.70    8.27   9.42 
 -------------------------------------------------------------------- 
 KD-53      245    -45  163.00   16.75   27.00   10.25           2.59 
 -------------------------------------------------------------------- 
                                 94.20   96.55    2.35           1.72 
 -------------------------------------------------------------------- 
                                133.30  138.00    4.70    3.32   7.29 
 -------------------------------------------------------------------- 
 KD-54      245    -45  145.00   41.35   45.00    3.65           2.55 
 -------------------------------------------------------------------- 
                                  98.5  117.00   18.50   13.08   6.01 
 -------------------------------------------------------------------- 
  incl                          108.00  115.55    7.55    5.34  13.00 
 -------------------------------------------------------------------- 
  
 

------------------



Sodyanfe

SD-1 and 2 are the first two diamond drillholes collared on the
Sodyanfe Zone. Sodyanfe is defined by a strong gold in soil
geochemical anomaly located 2 kilometre west-northwest of the Koe
Koe target area. A total of 213 samples collected on a 25x50
metre spaced grid, returned an average gold grade of 0.49 g/t. In
addition, artisanal miners were very active over most of the
Sodyanfe anomaly. Both drill holes show significant gold in the
upper portions of the laterite-saprolite oxide zone. Gold is also
highly anomalous in the underlying bedrock.

 
  
 Table 2: Sodyanfe - Summary of Results 
 ------------------------------------------------------------ 
                                                         Gold 
 DDH    Azimuth    Dip   Depth    From      To  Length   (g/t) 
 ------------------------------------------------------------ 
                        metres  metres  metres  metres 
 ------------------------------------------------------------ 
 SD-1       240    -45   96.00    7.50   24.00   16.50   1.00 
 ------------------------------------------------------------ 
                                 49.00   50.00    1.00   1.32 
 ------------------------------------------------------------ 
 SD-2       240    -45  100.50    0.00   13.50   13.50   0.41 
 ------------------------------------------------------------ 
                                 69.50   74.50    5.00   0.49 
 ------------------------------------------------------------ 
  
 

---------------------

West Plateau (North of Sanu Folo)

A series of diamond drill holes tested a number of east-west
trending artisanal workings immediately north of the Sanu Folo
Vein Trend. A number of thin but persistent gold-bearing
structures were intersected. This drilling has allowed company
geologists to gain a better understanding of the structural
setting and the character and intensity of alteration and
mineralization for the entire Koe Koe area and to use that
understanding to enhance targeting in untested areas such as
Sodyanfe and Bokoro/Tambiko.

 
  
 Table 3: West Plateau - Summary of Results 
 ------------------------------------------------------------ 
                                                         Gold 
 DDH    Azimuth    Dip   Depth    From      To  Length   (g/t) 
 ------------------------------------------------------------ 
                        metres  metres  metres  metres 
 ------------------------------------------------------------ 
 KD-28        0    -45  157.00   89.30   89.95    0.65   1.00 
 ------------------------------------------------------------ 
                                112.87  113.66    0.79  10.13 
 ------------------------------------------------------------ 
                                139.00  139.90    0.90   2.10 
 ------------------------------------------------------------ 
                                148.28  149.40    1.12   1.25 
 ------------------------------------------------------------ 
 KD-29       20    -45  148.00   92.45   93.75    1.30   1.65 
 ------------------------------------------------------------ 
 KD-30        0    -45  103.00   80.85   81.90    1.05   1.40 
 ------------------------------------------------------------ 
 KD-31      200    -45  289.00   24.00   30.00    6.00   2.97 
 ------------------------------------------------------------ 
                                129.60  130.25    0.65   1.71 
 ------------------------------------------------------------ 
                                152.34  153.45    1.11   1.34 
 ------------------------------------------------------------ 
                                204.53  205.43    0.90   1.02 
 ------------------------------------------------------------ 
                                226.28  230.82    4.54   1.05 
 ------------------------------------------------------------ 
                                237.70  239.41    1.71   4.21 
 ------------------------------------------------------------ 
 KD-32      200    -45   82.00   65.50   66.80    1.30   1.09 
 ------------------------------------------------------------ 
                                 78.45   78.95    0.50   2.01 
 ------------------------------------------------------------ 
 KD-33      200    -45  211.00   12.00   19.50    7.50   0.39 
 ------------------------------------------------------------ 
                                 89.00   90.30    1.30   2.25 
 ------------------------------------------------------------ 
                                125.75  126.42    0.67   1.23 
 ------------------------------------------------------------ 
                                149.05  149.60    0.55   1.66 
 ------------------------------------------------------------ 
 KD-34      200    -45  217.00   55.50   64.42    8.92   0.67 
 ------------------------------------------------------------ 
  incl                           55.50   57.50    2.00   1.82 
 ------------------------------------------------------------ 
                                138.00  139.26    1.26   1.30 
 ------------------------------------------------------------ 
                                143.85  144.36    0.51   2.60 
 ------------------------------------------------------------ 
 KD-35      200    -45  164.00   62.30   76.48   14.18   1.00 
 ------------------------------------------------------------ 
                                 92.50   93.05    0.55   1.62 
 ------------------------------------------------------------ 
                                153.15  154.00    0.85   1.18 
 ------------------------------------------------------------ 
 KD-36      200    -45  163.00   80.55   82.00    1.45   1.44 
 ------------------------------------------------------------ 
 KD-37       20    -45   88.00   67.30   68.95    1.65   8.70 
 ------------------------------------------------------------ 
 KD-38       20    -45  142.00   70.50   73.50    3.00   1.83 
 ------------------------------------------------------------ 
 KD-40      200    -45   88.00   61.76   62.45    0.69   4.40 
 ------------------------------------------------------------ 
 KD-41       20    -45   94.00   19.50   21.00    1.50   2.20 
 ------------------------------------------------------------ 
                                 36.00   37.50    1.50   0.94 
 ------------------------------------------------------------ 
                                 63.40   65.95    2.55   2.25 
 ------------------------------------------------------------ 
 KD-42       20    -45  103.00   34.50   43.50    9.00   0.96 
 ------------------------------------------------------------ 
  
 

--------------------------------



East Plateau

DDH KD-43 to 46 tested a series of artisanal diggings in the
vicinity of KD-1 on the east side of the Koe Koe geochemical
anomaly. KD-1 had intersected 3.67 g/t gold over 2.70 metres core
length in skarn. All four holes intersected very anomalous gold
values in the upper portion of the laterite-saprolite but
penetration into the bedrock was limited by its depth.

 
  
 Table 4: East Plateau - Summary of Results 
 ------------------------------------------------------------ 
                                                         Gold 
 DDH    Azimuth    Dip   Depth    From      To  Length   (g/t) 
 ------------------------------------------------------------ 
                        metres  metres  metres  metres 
 ------------------------------------------------------------ 
 KD-43       60    -45  109.50    0.00   19.50   19.50   0.24 
 ------------------------------------------------------------ 
                                 43.50   47.90    4.40   1.18 
 ------------------------------------------------------------ 
                                 66.00   69.00    3.00   3.33 
 ------------------------------------------------------------ 
 KD-44       40    -45   97.50    0.00   10.50   10.50   0.24 
 ------------------------------------------------------------ 
                                 50.00   55.50    5.50   2.33 
 ------------------------------------------------------------ 
                                 50.75   52.50    1.75   4.84 
 ------------------------------------------------------------ 
                                 67.50   69.00    1.50   1.04 
 ------------------------------------------------------------ 
                                 76.50   78.00    1.50   2.44 
 ------------------------------------------------------------ 
                                 90.00   91.80    1.80   1.07 
 ------------------------------------------------------------ 
 KD-45       60    -45   85.00    0.00   12.00   12.00   0.28 
 ------------------------------------------------------------ 
                                 27.00   27.50    0.50   5.10 
 ------------------------------------------------------------ 
 KD-46       40    -45  145.00    1.50   21.00   19.50   0.18 
 ------------------------------------------------------------ 
                                130.00  133.00    3.00   7.00 
 ------------------------------------------------------------ 
  
 

------------------------------


Sanu Folo Vein Trend

Two holes followed up on previous drilling on the Sanu Folo Vein
Trend. KD-39 scissored KD-19 to improve the structural
interpretation of the zone. KD-50 tested the vein approximately
50 metres below KD-3, but failed to intersect significant
mineralization. KD-3 had intersected 7.07 g/t gold over 1.93
metres true thickness.

 
  
 Table 5: Sanu Folo - Summary of Results 
 ------------------------------------------------------------ 
                                                         Gold 
 DDH    Azimuth    Dip   Depth    From      To  Length   (g/t) 
 ------------------------------------------------------------ 
                        metres  metres  metres  metres 
 ------------------------------------------------------------ 
 KD-39      180    -45  106.00   95.80   96.20    0.40   1.06 
 ------------------------------------------------------------ 
 KD-50        0    -45  136.00   86.50   88.00    1.50   0.99 
 ------------------------------------------------------------ 
  
 

---------------------


Marie Structure

One drill hole, KD-51 was completed on the Marie Structure, a
well-defined trend of quartz vein material in laterite, parallel
to and approximately 1,100 metres southwest of Sanu Filanan. Chip
sampling of exposed quartz vein material from the Marie Structure
returned values of up to 1.90 g/t gold over 1.0 metre. KD-51
intersected anomalous gold values in the upper portion of the
laterite-saprolite.

 
  
 Table 6: Marie Structure - Summary of Results 
 ------------------------------------------------------------ 
                                                         Gold 
 DDH    Azimuth    Dip   Depth    From      To  Length   (g/t) 
 ------------------------------------------------------------ 
                        metres  metres  metres  metres 
 ------------------------------------------------------------ 
 KD-51      270    -45  151.00    1.50   25.35   23.85   0.11 
 ------------------------------------------------------------ 
  
 

------------



Conclusion

All drill core was split and samples were sent to ABILAB Afrique
de l'Ouest in Bamako, Mali for fire assay using a 50 gram
subsample. High results were checked by reassaying the same pulp
and a gravimetric finish was used on all samples assaying over 10
g/t Au and some assaying over 4 g/t Au. Several high values were
checked by taking another split from the sample rejects and fire
assaying with both an AAS and gravimetric finish.

The exploration team in Africa consists of Project Manager
Jean-Jacques Lefebvre, M.Sc., Marthe Archambault, M.Sc., P.Geo,
the company's Qualified Person on site, and Thomas Hasek, P.Eng.
Christopher J. Wild, P.Eng, Cassidy Gold's Vice-President of
Exploration and Qualified Person as defined by National
Instrument 43-101, oversaw the preparation of this news release.

On behalf of the Board of Directors

Cassidy Gold Corp.

James T. Gillis, President

This press release may be accessed at Cassidy Gold Corp.'s
website: www.cassidygold.com and at SEDAR-CDY.

If you wish to be placed on Cassidy Gold Corp.'s e-mail press
release list, please contact us at [e-mail].

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Cassidy Gold Corp.
Jim Gillis
President
[phone]
[phone] (FAX)
Email: [e-mail]
Website: www.cassidygold.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.