Corporate and Engineering Update
June 21, 2016
Cascadero is focused on determining that the Taron cesium deposit in Argentina will be the lowest cost producer of cesium hydroxide in the marketplace. To that end, the company has outlined a work program that will lead to completion of a Preliminary Economic Analysis Report (PEAR) of a compliant resource, mine plan, comminution, and leach plant design to determine capital and operating costs for producing cesium hydroxide.
Corporate Update
The Company has been contacted by three companies with an interest in Cascadero's Taron cesium deposit. Two of the companies have signed a Confidentiality Agreement (C.A.).
Engineering
Geological modelling of the Taron deposit is underway and the work should result in a conjectural resource base for Taron and provide detailed areas of interest for further trenching, bulk samples for additional metallurgy, and drilling.
Cascadero delivered 8 kgs of Compsite "B" from Taron core hole TAR-09-05 to the Bureau Veritas (BV) laboratory in Vancouver and BV has delivered a copy of the PSA 1 screen size analysis and assays of the composite results. These results are being studied by the company and its consultants to optimise recoveries in the comminution process preparatory to leaching of the cesium minerals. This is the same material that was used in the UBC Taron Hydrometallurgical Study at UBC under the direction Dr. David Dreisinger. Recoveries of cesium in that step exceeded 90%.
The Company is also determining source, availabilities, and prices of certain bulk commodities that are required for the leaching and neutralizing the waste stream of the mine.
This news release and contained technical data were reviewed and approved by David Trueman Ph.D, P.Geo., Qualified Person for the Company.
Bill McWilliam
CEO
Cascadero Copper Corporation
Email = bill@cascadero.com
O = 604.924.5504
C = 604.999.0391
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