Cassidy Gold Corp. - Exploration Strategy


	Mineral Resources & Reserves

	Projects Overview
	Exploration Strategy

	Kouroussa Project

	Siguiri Project

	About Guinea

Exploration Strategy

Goals

Clearly demonstrate the potential of the project.
Continue to discover new zones where we can begin to delineate resources.
Continue to drill priority targets where we have a good chance of encountering potentially economic mineralization, with a combination of RC and diamond drilling.
Continue to add to our resource base.

Approach

Balance short-term requirements with the long-term project goals:

Develop an exploration plan and budget that clearly outlines our goals and a roadmap to achieve those goals.
Think in terms of dollar cost per ounce delineated. Money will be spent where the return is greatest.
Maintain flexibility at all times to optimize our success.

Effectively manage exploration dollars by directing resources into 4 main areas:

STAGE 1: Grassroots Exploration: 10%
STAGE 2: Identification of Priority Targets: 20%
STAGE 3: Exploration of Priority Targets: 30%
STAGE 4: Delineating Mineral Resources: 40%

These 4 stages of exploration form a continuum:

Geochem Anomaly
Discovery of the Mineralized Structure
Definition of the Structure
Delineation of a Potentially Mineable Resource
Defining a Mineable Reserve
Development and Production

STAGE 1: Grassroots Exploration

Grassroots exploration is necessary to fully assess the potential of Cassidy's exploration permits and prioritize areas for further work. It has the potential to identify priority targets with minimal investment. Grassroots exploration,including soil and termite mound geochemistry, has been successful in identifying new areas of potential mineralization.

STAGE 2: Identification of Priority Targets

Identifying priority targets involves upgrading geochemically anomalous areas or areas of artisanal workings with more detailed geochemistry, regolith mapping, structural interpretation (maps, photos), and shallow RC (or perhaps RAB) drilling. Several potential targets have been identified, mainly through soil geochemistry and identification of artisanal dig sites and require more fieldwork to advance them to the drill stage.

STAGE 3: Exploration of Priority Targets

Exploring priority targets utilizes a mix of shallow RC (Kitbit), deeper RC and the occasional diamond drillhole. The time commitment for this stage is at least as great as the delineation stage but costs are somewhat lower.

STAGE 4: Delineating Mineral Resources

Delineating resources requires a mix of diamond and deep RC drilling and hence, requires a higher proportion of the budget.

Rainy Season

The West African rainy season, lasting from June through September makes travel and work difficult and costly, so exploration is customarily curtailed for this period.

Methodology and Quality Control

Quality control/quality assurance is closely monitored by RSG Global personnel.

Qualified Personnel

The exploration team in Guinea is headed by Project Manager Nick Hewson of RSG Global. He is supported by our Qualified Person, Christopher J. Wild, P.Eng. V.P. Exploration for Cassidy Gold Corp.