Cascade Announces Additional Diamond Drill Reports
14 Novembre 2003 - 6:31PM
PR Newswire (US)
Cascade Announces Additional Diamond Drill Reports SEATTLE, Nov. 14
/PRNewswire-FirstCall/ -- Cascade Mountain Mining Company, Inc.
(BULLETIN BOARD: CSCA) , a Nevada mining and exploration
corporation, announces today that, initial assay results were
released from Diamond Drill Hole #1 in the previous press release.
The current assay results from ALS Chemex Laboratories from footage
72' to 112' are as follows: Diamond Drill Hole #1 75 degree angle -
East Bearing Footage(1) Width Cu % Mo ppm Au ppm Ag ppm 72' - 82'
10' 1.60 5 0.026 2.2 82'- 92' 10' 0.75 80 0.022 1.0 92' - 102' 10'
0.93 95 0.03 1.1 102' - 112' 10' 0.94 77 0.04 1.1 Average values
from 72' - 112' 40' 1.05 64 0.03 1.35 Footage Width Cu % Mo ppm Au
ppm Ag ppm 12' - 22' 10' 0.22 43 0.024 0.4 22' - 32' 10' 0.34 14
0.02 0.8 32' - 42' 10' 0.26 39 0.02 0.5 42' - 52' 10' 0.32 26 0.022
0.6 52' - 62' 10' 0.22 31 0.018 0.4 62' - 72' 10' 0.212 12 0.018
0.4 Average values from 13' - 72' 60' 0.263 27.5 0.022 0.58 Average
values from 12' - 112' 100' 0.58% 53ppm 0.024ppm 0.9ppm 796 feet of
drilling has been completed to date. Diamond Drill Hole #1 has been
completed to a depth of 704 feet. The remaining core is being
logged, split and will be submitted for assay. Diamond Drill Hole
#2 has been started and will identify Area 8, where excellent
surface assays were reported of over 1% copper at the quartz
doitire and porphyay contact in press release #2. Two recent
surface channel samples across a width of 15 feet returned: Footage
Cu % Mo ppm Au ppm Ag ppm 15' 0.6 8 0.17 1.1 15' 0.42 1 0.005 0.5
An additional target located in the western portion of the main
deposit returned: Lower additional dump 0.28 5 0.01 0.4 Upper
additional dump 0.15 97 0.08 1.3 These adits will be mapped and
additional samples will be submitted for evaluation. The upper adit
returned the highest gold assay to date of 0.08 oz/ton or 2.56
grams per ton gold. About Cascade Mountain Mining Cascade Mountain
Mining, http://www.cascade-mining.com/, owns 31 mining claims,
which encompasses the Mazama Project. The Company is in the process
of confirming previous exploration work that was started in 1963 by
Bear Creek Mining (the exploration division of Kennecott), Brenda
Mines (Noranda), Exxon Minerals, and others. Cascade was formed in
2002 to develop these and other reserves subject to the economics.
The Company intends to concentrate entirely solely on claims that
become available that have been "worked". This means the claims
have known ore reserves where data is available on test borings and
analysis which shows that a mining operation is marginally
profitable or close to breakeven, given the mining techniques and
commodity price of the metals extracted at the time. Cascade
Mountain will re-evaluate such analysis, typically by adding more
testing and by "upgrading' the ore-to-waste ratio. This is done by
employing the newest mining technology, employing state-of- the-art
3-dimensional computer modeling and targeting the enriched areas of
a group of claims. Safe Harbor Statement The statements contained
in this news release that are not historical facts may be
statements regarding the Company's future that involve risks and
uncertainties which could cause actual results to differ materially
from those currently anticipated. For example, statements that
describe the Company's hopes, plans, objectives, goals, intentions
or expectations are all forward- looking statements. Any such
statements made herein about the Company's future are only made as
of the date of this news release. Numerous factors, many of which
are beyond the Company's control, may affect actual results. The
Company undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances. DATASOURCE: Cascade Mountain Mining Company, Inc.
CONTACT: David Zazoff of FOCUS Partners LLC, +1-212-752-9445, , for
Cascade Mountain Mining Company, Inc. Web site:
http://www.cascade-mining.com/
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