The Company drilled one permitted reconnaissance style core hole (GA-09-01) at Guadalquivir, which is located in north western Argentina.
TABLE ONE
LITHIUM ASSAY RESULTS FROM GA-09-01
| GA-09-01 | FROM | TO | METRES | LITHIUM |
| (M) | (M) | (PPM)* | ||
| 1.5 | 14 | 12.5 | 59 | |
| 14 | 64 | 50 | 239 |
*Weighted average
GA-09-01 encountered difficult drilling conditions due to the unconsolidated nature of the host material, lost circulation at 64 metres and was abandoned. The lithium values within the 50 metre interval range from 84.9 to 429.1 ppm. The drill hole ended in lithium mineralization.
The lithium mineralization is not hosted in brine but in fine friable sandstone, pumaceous tuff and conglomerate. The Company has not conducted any mineralogy or metallurgy on the mineralization. The property consists of three contiguous claims aggregating 6,442.5 hectares and is 100% owned by Salta Exploraciones SA.
Exploration from 2004, including mapping, prospecting, trenching and geochemistry was supervised and directed by Dr. Tom Richards PhD., P.Geo, who is the qualified person for the Company's Argentine exploration programs. The drill program was conducted and supported by Salta personnel. All drill core samples were logged and one-half core samples were transported to the Companies office in the city of Salta then packaged and shipped for sample preparation to ACME Analytical Laboratories in Mendoza and Santiago, Chile and then flown to ACME Analytical in Vancouver for assay. Dr. Richards has reviewed the ACME assay file from GA-09-01 and the contents of this news release. Salta Exploraciones SA is the operator of the project and is 50% owned by Cascadero Copper Corp.
Surface sampling by Salta Exploraciones identified the presence of a ~3,000-metre northeast trending mineralized zone that is within a larger area of northwest trending opaline alteration. The Company is excited by the results of this initial drillhole and is planning an extensive follow-up program.
Bill McWilliam
President
Cascadero Copper Corp
604-924-5504
604-999-0391
Bill@Cascadero.com
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