Cayden Resources Inc CDKNF

Here is today's update from CYD,

[HHAPPY]

We need the assays to prove value."Cayden Resources Inc (C:CYD)Shares Issued 36,319,751Last Close 12/1/2011 $1.55Friday December 02 2011 - News ReleaseMr. Ivan Bebek reportsCAYDEN RESOURCES COMMENCES DRILLING AT QUARTZ MOUNTAIN SILVER-GOLD PROJECT AND PROVIDES MORELOS SUR GOLD PROJECT UPDATECayden Resources Inc. has commenced drilling on its Quartz Mountain property near Fallon, Nev. Cayden is targeting an area of historical silver lead-zinc production and a non 43-101 compliant geological Ag-Pb-Zn resource. Cayden and JV partner Railhead Resources have recently obtained both soil and drill samples, which indicate a geochemical anomaly that is approximately 1.5 kilometers long and 1.5 kilometers wide - far bigger than the workings and historical drilling would indicate. Rock samples taken from the area indicate the presence of gold, which was not sampled for previously and has returned values as high as 1.38 and 2.38 grams per tonne gold (see the link below for the Quartz Mountain claim map and soil and rock anomalies map or visit our website). A core-drilling program will follow in 2012, testing both extensions of the mineralization at Quartz Mountain as well as additional targets on the property.Morelos Sur Gold Property, Mexico updateCayden has completed 3 holes of a 17-hole drill program at its Las Calles target, which is in close proximity to nearby Los Filos and El Bermejal open-pit gold mines. In the next 6 months approximately 30,000 meters will be drilled between both of Cayden's Mexico and Nevada properties. Cayden currently has $8.2 million in the treasury, which will adequately fund the Company's drilling programs.Chief Exploration Geologist, Dan McCoy states: "We are very encouraged by the fact that we are encountering the kind of lithology, structure, and alteration we had anticipated in the holes we have drilled to date at our Las Calles target. We anticipate completing significant drilling on both our Morelos Sur and Quartz Mountain projects over the next six months. Assay results from both programs are expected to be available for release in early in 2012."We seek Safe Harbor."

[Strod]

It's only a matter of time before they realise the true potential of Quartz Mountain, but would be nice if we have a bit of luck with the drill bit early on to get things moving sooner rather than later. 5 million ounce deposit here we come.