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Cascadero Copper Corp V.CCD

Alternate Symbol(s):  CCEDF

Cascadero Copper Corporation is a Canada-based integrated mineral exploration and development company. The Company is focused on the exploration and development of its copper, gold and cesium properties located in Salta, Argentina. It holds an interest in 27 mineral properties in the northern area of the Argentine Puna (primarily in the Province of Salta). The Company’s properties include Amarillo, Amarillo Norte, El Oculto Group, Incamayo Norte, Ochaqui Silver, Santa Rosa Group, Taca Taca Group, Taron Group and Viejo Campo. The Amarillo Norte property includes a sedimentary-hosted cesium and silver deposit. The El Oculto group comprises the El Oculto, Centauro, Cerro Lari I and Cerro Lari II properties. The Incamayo Norte property is located approximately 100 kilometers (km) west of the city of Salta, in the Sierra de Cachi portion of the Nevados de Palermo Mountain Range. The Ochaqui property is located at the eastern edge of the Argentine Puna, about 100 km west of Salta city.


TSXV:CCD - Post by User

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Post by RareEarth1on Jan 09, 2017 12:17pm
249 Views
Post# 25683453

A bit more detail in this update from Ed Bugos.

A bit more detail in this update from Ed Bugos. With mulitnationals lined up with NDA's this is getting pretty exciting to say the least!  This came in this morning from Ed and is a bit more expansive than the Facebook post. 
I am excited to inform you that Cascadero has been asked to give a technical presentation of the Taron Cesium discovery at the PDAC on March 7, 2017 (see attached).

The presentation is expected to be given by Dave Trueman, Cascadero’s chief geologist and an expert on these types of deposits, having worked on the old TANCO mine in Manitoba (different style of cesium deposit). The presentation will be titled: “Taron: A new type of cesium deposit in Salta Province”, which is a bit of a misnomer because it is a new style of cesium deposit formation, period, i.e., anywhere in the world, and these guys are going to be recognized for it in a big way when it is developed. In my initiation report on Cascadero last April I noted that the Taron discovery was a completely new type and style of Cesium discovery. Nothing like it has ever been logged or discovered before. By this time next year the world will know of not just all the new uses being discovered for Cesium compounds, but of this first of a kind potentially massive open pit resource.

If you are on this list you have either participated in the recent Cascadero financing, which closed slightly oversubscribed last month, or you have purchased shares on my advice independently of my newsletter commentary. I just wanted to reach out and thank you, and let you know that you may use me as a resource. I will keep you abreast of developments.

The company's first goal is to start drilling Taron (29 core holes). We have a soft drilling date of January 27th scheduled with the mining office but they have yet to issue a permit, and things can move slowly down there. This date is already somewhat of a push back from the previous target that was mid January. Season wise our window lasts until June, and the drill program won’t take but a few weeks, so we should be able to meet our expected timeline for drilling to be completed by March/April.

Meanwhile, management is working with geochemists and scientists at the University of British Columbia to advance its knowledge in dealing with the metallurgy and extraction processes, in particular it is focused on reducing those costs and exploring various processing options.

It is also in discussions with various parties interested in joint venturing some of its other gold/silver/copper targets, including ongoing negotiations with First Quantum on the sale of its La Sarita properties (i.e., especially those adjoining FM’s taca taca moly deposit).
 
Ed Bugos
 
VP Corporate Development
Cascadero Copper Corp
 
Senior Analyst
The Dollar Vigilante
 
CEO
Precious Metals Equity Research

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