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Cascadia Minerals Ltd V.CAM

Alternate Symbol(s):  CAMNF

Cascadia is a Canadian junior mining company focused on exploring for copper and gold in the Yukon and British Columbia . Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper and 30.00 g/t gold.


TSXV:CAM - Post by User

Bullboard Posts
Comment by goldpigon Sep 28, 2009 3:01pm
333 Views
Post# 16344547

RE: Over 1.5 dozen superb intersects

RE: Over 1.5 dozen superb intersectsI have seen some as good, and a few intercepts that were better , but this discovery is unique in the fact that the first 40 holes contained nearly 20 of these world-class intercepts.

I should also point out that your estimate of 1.85 oz does not include the 100 m extension to strike by holes 09-39 and 09-41 which were just reported.
 
At the reported grades, this would add another 400,000 oz  , so  the Tiger Zone is quite likley already above 2 million oz , plus the silver.

This would suggest that the next drill results should move the share price to the $2 level.

The other significant observation is the fact that the grades increase updip ,which is where some of the unreported holes were drilled and will report next week.

Discoveries like this dont come along every day .
Bullboard Posts