Cassidy Gold Corp. - Projects Overview


	Mineral Resources & Reserves

	Kouroussa Project

	About Guinea

Cassidy's aggressive exploration program is focused on two goals:

Continue to build the gold resource at Kouroussa. The Kouroussa project consists of a 1066 km² land package in the Siguiri Basin, a succession of volcano-sedimentary rocks of Birimian age. Birimian rocks host virtually all the gold mines in West Africa.
Identify additional mineralized zones that can contribute to the gold resource in the near-term.

Kouroussa Project
Located 570 km east of the capital, Conakry, on a paved highway, the Kouroussa permit areas encompass 1066 km² of open, subdued, Birimian terrane. Recent work has focused on the three known gold systems as well as testing many other areas where relatively shallow artisanal workings indicate shear hosted gold systems as the probable source of centuries of gold extraction.

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.

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.

GENERAL INFORMATION

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 a Project Manager from RSG Global, who is supported by Cassidy Gold Corporation's Qualified Person, Christopher J. Wild, P.Eng., V.P. Exploration.