Cassidy Presentation - 87th Minesite Forum

Situated in the prolific Birimian gold fields, Kouroussa is the focus of a determined and experienced exploration and management team.

Coffey Mining completed a resource estimate in October 2008 which contained an Indicated Resource of 680,000 ounces contained in 11,380,000 tonnes grading 1.9 g/t Au and an Inferred Resource of 363,000 ounces contained in 6,466,000 tonnes grading 1.7 g/t Au. Most of the gold resources reported lie within 150 metres of the surface.

In February 2009, Coffey Mining completed a Scoping Study which concluded that Kouroussa could produce an average of 79,000 ounces of gold annually at a cash operating cost of US$484 per ounce. It was determined that at $1000 gold, the Net Present Value (NPV) of Kouroussa using a discount rate of 10% would be $43.7 million.

After a successful and democratic election in Guinea late in 2010, Cassidy is evaluating a new exploration program and has initiated a new Scoping Study. Download PEA

Nassile Project - Republic of Niger, West Africa

Cassidy Gold Corp. and Island Arc Exploration Corp. have entered into a mining option agreement dated August 31, 2010 with Middle Island Resources (MIR) Pty Ltd. of West Perth, Western Australia pursuant to which Cassidy and Island Arc have granted MIR an option to acquire up to a 70% interest in the Nassile project located in Niger. Currently, Cassidy holds a 51% interest in the Property and Island Arc holds a 49% interest in the Property.