Situated in the prolific Birimian gold fields, Kouroussa is the focus of a determined and experienced exploration and management team. Aggressive exploration has added new zones of gold mineralization into the Kouroussa resource picture, while at the same time upgrading significant portions of previously Inferred Resources to the higher confidence Indicated classification.

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

Nassile Project - Republic of Niger, West Africa

Cassidy Gold Corp. has an option to earn up to a 70% interest in the property from Island Arc Exploration Corp. The Nassile permit covers 576.7 square kilometres approximately 100 kilometres southwest of Niamey, the capital of Niger. Based on fieldwork completed in 2008 and 2009, Island Arc geologists have identified significant gold mineralization along 20 kilometres of a large regional structure, the northeast-trending Tampena shear zone. The company plans an aggressive program of drilling aimed at the priority gold targets in the Songonduari, Forbemi, Bamperi South, Bamperi North, Koutougou and Tirboye areas.

A planned exploration program consisting of multi-stage Rotary Air Blast (RAB) and Reverse Circulation (RC) drilling began on the Nassile Project in late December 2009.