Golden Minerals intersects 52.5m Grading 1.49 g/t Au at Cascadero’s Sarita Este Prospect in Argentina
Cascadero Copper Corporation
#395, 901 West Third Street, North Vancouver, B.C. V7P 3P9
Phone: 604 985 3327
Golden Minerals intersects 52.5m Grading 1.49 g/t Au at
Cascadero’s Sarita Este Prospect in Argentina
North Vancouver, BC, Canada, August 4, 2022 – Cascadero Copper Corporation (“Cascadero”) or
the (“Company”) (TSXV:CCD) is pleased to announce drill results from its Sarita Este gold -silver
prospect concession located in the Puna region of Salta province, in northwestern Argentina.
Pursuant to an Exploration and Development Earn -in Agreement dated December 2, 2019,
Golden Mine rals Company ("Golden Minerals") has the right to earn up to a 51% ownership
interest in the Sarita Este concession from Cascadero by, among other things, incurring $2.5
million in expenditures by December 2, 2023.
Golden Minerals has disclosed preliminary results of its drill program at the Sarita Este Prospect
in Argentina. Golden Minerals completed 10 DDH during its initial drill program, as reported in
January 2022, and has now reported assays for 10 of the 22 holes drilled during the current
program. The Sarita Este claims are situated adjacent to the Taca Taca Copper-Molybdenum-Gold
deposit in Salta Province, Argentina.
Highlights of the Phase 1 drilling were 9.9m of 1.91 g/t gold and 5 g/t silver, which included 3.7
m of 2.52 g/t Au gold and 5.3 g/t silver within an interval of 16.4 to 26.2 m in DDH SE21008 and
8m of 1.74 g/t gold, which included 1 m of 12 g/t gold in DDH SE21004.
In the most recent drilling reported August 2022, DDH SE22011 intersected 52.5m @ 1.49 g/t Au
and 5.2 g/t Ag from 0m, including 3.7m @ 7.27 g/t Au and 12.1 g/t Ag and DDH SE22017
intersected 2.2m @ 27.47 g/t Au and 3.1 g/t Ag from 14.8m, including 0.6m @ 102.50 g/t Au and
10.6 g/t Ag. The current drilling suggests that the Sarit a Este contains an extensive shallow
hydrothermal gold system within the Sico target, which is a zone of gold mineralization hosted in
shallow iron -oxide bearing veins, veinlets and fractures within Tertiary volcanic rocks. The
mineralization lies approximately 3km southwest of the Taca Taca copper porphyry deposit
owned by First Quantum Minerals. The full results as described by Golden Minerals can be found
on the Golden Minerals website.
http://www.goldenminerals.com
The technical contents of this press release have been reviewed by Dr. George Gale, the
Company’s Interim CEO and a Qualified Person for the purposes of NI 43-101. Dr. Gale has over
40 years of mineral deposit research and mineral exploration experience.
Cascadero Copper Corporation
#395, 901 West Third Street, North Vancouver, B.C. V7P 3P9
Phone: 604 985 3327
About Cascadero Copper Corporation
Cascadero Copper Corporation is focused on the exploration and development of its properties
located in Salta, Argentina. In addition, the Company has newly appointed technical advisors to
work with the board and management to provide advice on exploration and development of the
Cascadero mineral properties in Argentina and on other future properties of merit. The
Cascadero research and development team that was instrumental in developing the patent -
pending mineral processing flowsheet on Taron mineral samples are expected to continue their
work under the guidance of the Board.
All material informatio n on the Company may be found on its website at www.cascadero.com
and on SEDAR at www.sedar.com.
For further information, please contact:
Dr. George Gale
Interim CEO
Tel: 604-985-3327
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.