275 rock grab samples averaged 3.238 g/t Au (gold), 17.34 g/t Ag (silver) and 0.797 % Pb (lead)
The Santa Rosa vein system continues to deliver a good distribution of mineralisation over its seven (7) km length characterised by individual to parallel sets of quartz-limonite-hematite veins. These veins are sub-parallel to bedding but cross-cut geology when folding and faulting are present. These samples significantly increase the density of rock grab samples announced in a previous CCD news release published on June 13th 2017. Mineralization is present in 10 of the 13 defined areas of alteration and exposed veins. This fact justifies more work on all zones.
A program of overburden sampling is planned to test the areas that exist where the vein system is not exposed between the altered zones. Subsequent to those results, excavator trenching is planned to determine the various widths of the vein system and will enable sampling of the host wall rock. The objective is to develop a drill program that enables a resource calculation and to outline the potential for a bulk tonnage mining operation.
Santa Rosa I Property consists of 2,866 hectares and is owned and financed 70% by Cascadero and 30% by Regberg. It is located about 100kms north of Salta City in Salta province, Republic of Argentina. It is road accessible. The elevation is ~3,400 metres and year round work is possible.
This news release and contained technical data were reviewed and approved by George Gale Ph.D, P.Eng, and the Qualified Person for the Company.
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