At the request of IIROC the Company wishes to clarify previous disclosure disseminated in its July 17, 2017 news release:
The Company wishes to clarify disclosure of gold, silver and lead rock grab samples assay results at the Company’s Santa Rosa precious and base metal mineralized system in Salta province, Argentina. This phase of the exploration program included mapping, sampling and identification of areas of alteration that host the vein system. This sampling has increased the density of mineralization in most of the altered areas that host the vein system over a 7-kilometre by 2.5 kilometre strike length
The alteration system identified ranges between 25m by 25m to 90m by 325m. The average width of the 13 alteration areas is 60m by 145m and the total surface areas of the 13 altered areas is 126,700 square metres. The program included district scale mapping and a total of 275 rock grab samples were taken in addition to the 46 rock grab samples the results of which were described in the Cascadero news release dated June 13th 2017. The samples are selected samples and are not necessarily representative of the mineralization hosted on the property. The average weight of the samples was 1.07 kgs and ranged between 0.4 kgs to 2.5 kgs. This phase has upgraded the results for the prospect with the sample data base now including the following information on the assays of the samples:
The samples are selected samples and are not necessarily representative of the mineralization hosted on the property.
The range of the assays is from 0.005 to 155.0 g/t.
Twenty two of the samples where over 10 g/t. The average weight of the samples was 1.07 kgs and ranged between 0.40 kgs and 2.25 kgs.
The range of assays is from 0.005 g/t to 1484 g/t.
The average weight of the samples was 1.07 kgs and ranged between 0.40 kgs and 2.25 kgs.
The range of assays is from 4.30 ppm to 542,400 ppm or 54.24% Pb.
The average weight of the samples was 1.07 kgs and ranged between 0.40 kgs and 2.25 kgs. The over limit lead samples were assayed by Titration.
It is apparent that the assay distribution suggests the presence of multiple vein zones that are expressed as a linear alignment of intermittent outcrop within the alteration assemblages. The range of the widths and strike length of the vein system is unknown.
The strongly anomalous gold, silver and lead assays returned from a significant strike extent of the vein structures highlight Santa Rosa as an important upgrade to an undrilled mineralized system.
Santa Rosa property is an early stage exploration project on which no mineral resource has been identified nor has the economic viability or technical feasibility been established.
All samples were shipped to Bureau Veritas, Mendoza for preparation and then airfreighted to Bureau Veritas, Vancouver for 51 element MA250 ICP. The over limits for gold and silver where fire assayed with an MA550 assay.
The Company is not a related party to Bureau Veritas.
George Gale, P.Eng, has approved the technical content of this news release and its and is a Qualified Person under NI 43-101.
Cascadero Copper Corp
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