Cusac Hits 25 Meters Grading 1.26 g/tonne Gold in Diamond Drilling at Cassiar Open Pit Target.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- David H. Brett, President, Cusac Gold Mines Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CQC CQC China Quality Certification Center CQC Caiga Quien Caiga (Argentinean TV show) CQC Close Quarters Combat (gaming league) CQC Close Quarters Combat (hand to hand) )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CUSIF) (the "Company"), reports continued encouraging disseminated disseminated /dis·sem·i·nat·ed/ (-sem´i-nat?ed) scattered; distributed over a considerable area. dis·sem·i·nat·ed adj. Spread over a large area of a body, a tissue, or an organ. gold assay results from its Taurus II bulk tonnage TONNAGE, mar. law. The capacity of a ship or vessel. 2. The act of congress of March 2, 1799, s. 64, 1 Story's L. U. S. 630, directs that to ascertain the tonnage of any ship or vessel, the surveyor, &c. exploration program on its 100% owned Table Mountain Property in northern BC, including 1.26 grams per ton gold over 25.6 meters in hole 05SV-04. A total of 13 holes comprising 2,444 meters of diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral were completed during the 2nd phase of exploration. Final assays are still pending on 3 of the 13 holes as of the date of this news release. The Taurus II area is 3 Km north of the Company's historic Table Mountain high-grade underground operation. This current phase of drilling at Taurus II is returning highly encouraging intercepts of low grade, near surface disseminated gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. that confirms the potential for a bulk tonnage open pit gold deposit. Backyard System. A total of 1,140 meters were drilled in 6 holes on the Backyard System which is the largest exposed zone of quartz veining vein·ing n. Distribution or arrangement of veins or veinlike markings. and carbonate-pyrite altered volcanics on the Taurus II property. As previously reported in the Company's news release dated August 11, 2005, the first hole, 05BY-01, encountered three broad zones of gold mineralization, including one zone of 2.20 grams g/t over 32 meters. Other significant results in the Backyard System include 1.43 g/t Au over 3.7 meters in Hole 05BY-03, 3.72 g/t Au over 2.20 meters in hole 05BY-04, and several other intercepts of more than 2 meters grading at or above 1 g/t in the Backyard System holes. Somerville System. A total of 1,122 m was drilled in 6 holes on the Somerville System located roughly 300 meters to the northwest of the Backyard System where numerous surface rock and soil geochem anomalies define a zone over half a kilometer square. Highlights of the Somerville zone drilling so far are 0.93 g/t Au over 12.7 m in hole 05SV-01, 2.04 grams gold over 8.70 meters in 05SV-02, and 1.26 g/t Au over 25.6 m in 05SV-04. 05SV-03, testing the same zone on strike to the west of SV-04, encountered a number of mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. zones for which re-assay has been requested for quality control purposes. SV-03 intersected a similar zone along strike from the reported 25m of 1.26 g/t Au in SV-04. Assays from hole 05SV-03 will be released once they are received. All significant intercepts from the drilling so far are presented in table form at the end of this press release and on our website www.cusac.com. The intercepts reported herein are core-length intercepts. Their true widths will be estimated when the geological data is interpreted on cross sections. "Our second phase of exploration has been very successful," said Cusac VP of Exploration Lesley Hunt. "We have delineated de·lin·e·ate tr.v. de·lin·e·at·ed, de·lin·e·at·ing, de·lin·e·ates 1. To draw or trace the outline of; sketch out. 2. To represent pictorially; depict. 3. a large number of gold bearing zones over an area measuring 400m by almost a kilometer. Visible gold in quartz veins and veinlets within the strongly altered volcanics always adds excitement to logging of these holes. We have only begun to explore two of the seven potential bulk tonnage disseminated gold bearing structures we know of on this property. I am very excited with these results and look forward to Phase III Noun 1. phase III - a large clinical trial of a treatment or drug that in phase I and phase II has been shown to be efficacious with tolerable side effects; after successful conclusion of these clinical trials it will receive formal approval from the FDA which will include drilling and the geological modeling of these results."
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Significant Composite Assay Intervals
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Core Length Au
Hole From (m) To (m) (m) (g/tonne)
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05BY-01 42.30 193.15 150.85 0.85
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including 56.00 88.00 32.00 2.20
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including 114.60 142.10 27.50 1.04
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including 167.65 193.15 25.50 0.94
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05BY-03 93.10 96.80 3.70 1.43
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05BY-04 81.25 92.40 11.15 0.54
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05BY-04 199.40 201.60 2.20 3.72
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05BY-05 113.40 121.85 8.45 0.62
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05BY-05 160.90 163.20 2.30 2.57
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05BY-06 141.50 149.40 7.90 0.66
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05SV-01 29.55 67.50 37.95 0.52
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including 29.55 44.20 14.65 0.53
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including 54.80 67.50 12.70 0.93
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05SV-02 25.10 33.80 8.70 2.04
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05SV-04 162.70 178.70 16.00 0.46
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05SV-04 205.20 230.80 25.60 1.26
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including 205.20 207.40 2.20 8.66
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including 225.45 230.80 5.35 2.43
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The technical content of this news release has been reviewed and approved by Dale A. Sketchley, M.Sc., P.Geo., a Qualified Person under NI 43-101. Acme (company, jargon) ACME - /ak'mee/ 1. A Company that Makes Everything. The canonical imaginary business. Possibly also derived from the word "acme" meaning "highest point". 2. A program for MS-DOS. Analytical Laboratories of Vancouver, BC prepared all assays reported above. CUSAC GOLD MINES LTD. David H. Brett, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Cautionary Note: Some of the statements in this release may be considered forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as defined by securities legislation. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Annual Reports on Form 20-F filings we make with the Securities and Exchange Commission and our Annual Information Form we file with the British Columbia Securities Commission The British Columbia Securities Commission (BCSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of British Columbia. External links
The TSX has not reviewed and does not accept responsibility for th e adequacy or accuracy of this release. Cusac Gold Mines Ltd. (TSX:CQC) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :CUSIF) |
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