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Cayden Resources Inc CDKNF



GREY:CDKNF - Post by User

Comment by HHAPPYon Jun 03, 2013 8:11am
195 Views
Post# 21474532

RE: More news from El Barqueno - Impressive

RE: More news from El Barqueno - Impressive

 

Full PR.

CAYDEN SAMPLES 21 M OF 8.3 G/T GOLD AT EL BARQUENO

Cayden Resources Inc. has received additional results from trenching programs at its El Barqueno property located in Jalisco state, Mexico. Highlights include: 21 meters of 8.3 g/t Au, including 4 meters of 20.3 g/t Au; 54 meters of 1.1 g/t Au; and 13 meters of 2.4 g/t Au.

The trenches were taken from the Azteca target area where two parallel fault zones contained abundant vein and stockwork-controlled mineralization. The Azteca target area is one of the many areas on the property where wide zones of hydrothermal alteration and networked quartz veins occur at surface. The strike length of mineralization revealed by the assayed trenches is 1.4 kilometers and the system is open in both directions. Assay results continue to reveal that gold occurs in the veins and wall rock, indicating the strong potential for a bulk mineable epithermal deposit. (See Figure 1 below or visit our website to see the map.)

 

Table 1. Trench results from the Azteca Area at El Barqueno.                ----------------------------------------------------------------------------Intercept      Width    Grade   Open    Intercept      Width    Grade   Open                 (m)    (g/t)                            (m)    (g/t)       ----------------------------------------------------------------------------AZ2-1              5      2.5           AZ2-10            11      1.3       ----------------------------------------------------------------------------AZ2-2             24      1.5           AZ2-11            13      2.3    Yes----------------------------------------------------------------------------  incl.            1     11.2             incl.            1     16.9       ----------------------------------------------------------------------------AZ2-4             21      8.3    Yes    AZ2-12            13      2.4    Yes----------------------------------------------------------------------------  incl.            4     20.3           Z-4a              54      1.1    Yes----------------------------------------------------------------------------  and              1     16.5           Z-4b              12      1.6       ----------------------------------------------------------------------------  and              1     22.2             incl.            1     11.2       ----------------------------------------------------------------------------

 

Geological mapping and sampling programs are underway in several other target areas on the property where the same type of hydrothermal alteration and networked quartz veins occur at surface. Cayden plans to commence an initial 25-hole diamond drill program this summer at the Azteca target area.

Ivan Bebek, President and CEO commented, "These trench results are very impressive as they continue to indicate strength and continuity of the gold system in one of several target areas that we are exploring. We feel that the El Barqueno property represents a significant opportunity for the discovery of a district scale, bulk mineable gold system."

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