Cascade Announces Most Significant Drill Results Since Initiation
November 17 2003 - 11:34AM
PR Newswire (US)
Cascade Announces Most Significant Drill Results Since Initiation
SEATTLE, Nov. 17 /PRNewswire-FirstCall/ -- Cascade Mountain Mining
Company, Inc. (BULLETIN BOARD: CSCA) a Nevada mining and
exploration corporation, announces today continued good assay
results from Mazama Project, Diamond Drill Hole #1. The Cu assay
results from ALS Chemex Laboratories from footage 112' to 182:
Diamond Drill Hole #1 75 degree angle - East Bearing Footage Width
Cu % Mo ppm Au ppm Ag ppm 112' - 122' 10' 2.01 181 0.127 3.0 122' -
132' 10' 1.24 145 0.078 1.4 132' - 142' 10' 0.53 259 0.031 0.5 142'
- 152' 10' 1.57 21 0.096 3.1 152' - 162' 10' 0.66 46 0.047 0.9 162'
- 172' 10' 1.26 86 0.064 1.2 172' - 182' 10' 0.28 33 0.011 0.4
Average values from 112' - 182' 70' 1.08 110 0.065 1.5 Average
values from 12' - 112' 100' 0.58 53 0.024 0.9 Average values from
12' - 182' 170' 0.79 77 0.056 1.15 961 feet of drilling has been
completed to date. Diamond Drill Hole #1 is still being logged,
split, assayed and evaluated. This hole was down to 702'depth.
Diamond Drill hole #2 has been drilled to 92' and is testing the #8
area where good surface results were encountered at surface near
quartz diorite - porphyry contact. Diamond Drill Hole #3 was
started to test the third area near Diamond Drill Hole #9 and was
down to 167'. This hole appears to be encountering good copper and
molybdenum mineralization. The core is being logged, spilt and
assayed. Within the initial drill results of 182 feet in Diamond
Drill Hole #1, significant assay drill results were returned from:
72'- 182' 110 feet Averaging: Cu % Mo ppm Au ppm Ag ppm 1.07 93.4
0.052 1.5 This new data reflects an increase in copper, molybdenum,
gold and silver. About Cascade Mountain Mining Cascade Mountain
Mining, http://www.cascade-mining.com/, owns 31 mining claims,
which encompasses the Mazama Project. The Company is in the process
of confirming previous exploration work that was started in 1963 by
Bear Creek Mining (the exploration division of Kennecott), Brenda
Mines (Noranda), Exxon Minerals, and others. Cascade was formed in
2002 to develop these and other reserves subject to the economics.
The Company intends to concentrate entirely solely on claims that
become available that have been "worked". This means the claims
have known ore reserves where data is available on test borings and
analysis which shows that a mining operation is marginally
profitable or close to breakeven, given the mining techniques and
commodity price of the metals extracted at the time. Cascade
Mountain will re-evaluate such analysis, typically by adding more
testing and by "upgrading' the ore-to-waste ratio. This is done by
employing the newest mining technology, employing state-of- the-art
3-dimensional computer modeling and targeting the enriched areas of
a group of claims. Safe Harbor Statement The statements contained
in this news release that are not historical facts may be
statements regarding the Company's future that involve risks and
uncertainties which could cause actual results to differ materially
from those currently anticipated. For example, statements that
describe the Company's hopes, plans, objectives, goals, intentions
or expectations are all forward- looking statements. Any such
statements made herein about the Company's future are only made as
of the date of this news release. Numerous factors, many of which
are beyond the Company's control, may affect actual results. The
Company undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances. Contact FOCUS Partners LLC David Zazoff 212-752-9445
DATASOURCE: Cascade Mountain Mining Company, Inc. CONTACT: David
Zazoff of FOCUS Partners LLC, +1-212-752-9445, Web site:
http://www.cascade-mining.com/
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