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CCD Cascadero Copper Corporation

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Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cascadero Copper Corporation TSXV:CCD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.005 0.005 0.01 0 00:00:00

Cascadero Copper Corporation: Taca Taca Mineral District Geochemistry Program Completed

15/06/2012 7:29pm

Marketwired Canada


Cascadero Copper Corporation (TSX VENTURE:CCD) - 

Salta Exploraciones S.A. (Salta), Cascadero's 50% owned Argentine subsidiary,
has completed a program of Mobile Metal Ion (MMI) and outcrop rock grab samples
in an area adjoining Lumina Copper's 1.762 billion tonne Taca Taca Bajo Cu-Mo-Au
deposit. The geochem program was focused on Francisco I, Francisco II and Sarita
Este. MAP ONE shows the location of the sample points on each property (to view
map, visit the following link:
http://media3.marketwire.com/docs/MapOne_CCD.jpg).


Salta spent eleven days in the Taca Taca Mineral District in late May and early
June. The geochemical program was designed by Salta Exploraciones (Salta). The
field work was performed and managed by Ron Bilquist Salta VP of Operations,
with Salta field assistants and a locally contracted backhoe with operator. The
properties included 50% owned Francisco I, 50% owned Francisco II and 100% owned
Sarita Este. Cascadero Copper owns 50% of Salta.




                                  TABLE ONE                                 
                  SALTA PROPERTIES AND SAMPLE DISTRIBUTION                  
                                                                            
----------------------------------------------------------------------------
CLAIM ID            Hectares       Salta         MMI   Rock Grab      Target
                                Interest     Samples     Samples      Metals
----------------------------------------------------------------------------
Francisco I            1,000         50%          14          18       Cu-Au
----------------------------------------------------------------------------
Francisco II           1,313         50%         102           4       Cu-Au
----------------------------------------------------------------------------
Sarita Este              830        100%          55          77       Cu-Au
----------------------------------------------------------------------------
Total                              1,986         171          99            
                                   (net)                                    
----------------------------------------------------------------------------



The Mobile Metal Ion (MMI) geochemical technology was used to detect the
presence of sub-surface mineralization in this area. The Company believes that
Taca Taca porphyry related mineralization may exist to the west and north west
of Lumina Copper's and Salta's property boundaries. In addition, historical
sampling and alteration evidence suggest that the Salta properties have
high-potential for stand-alone porphyry Cu-Mo-Au, exotic copper, epithermal
style gold and IOCG mineralization.


On the Francisco I property, the existing Gold Pit Zone, which historically has
produced high-grade copper and gold assays, was revisited and is believed part
of a larger structure that trends to the southwest onto Salta's 100% owned La
Sarita II property to the west. This zone displays IOCG affinities. A new
mineralized zone may be present to the south of the Gold Pit Zone as represented
by a train of silica rich boulders. Both of the zones are high-priority
showings.


The Francisco II property adjoins Taca Taca immediately to its west and is
primarily pediment covered with few outcrops. The MMI sampling was focused on
this area as it is close to recent Lumina drill holes and to the common property
boundary. This area is also important as it may be on a north western trending
channel that may have transported exotic copper from the Taca Taca deposit to
the Graben during the leaching process.


On Sarita Este, the gold showing on the property was discovered by Salta in 2006
and confirmed by more sampling in 2008. The recently completed program suggests
that a larger area of alteration hosts the original gold discovery. The
alteration may be part of larger northwest trending structural and mineralized
domain that parallels a regional fault system. Also on Sarita Este, an area of
leached cap alteration was discovered on the south eastern part of the property
about 600 metres southwest of the Taca Taca deposit.


A follow up exploration program is in the planning stage.

Bill McWilliam, Chief Executive Officer

Cascadero Copper Corporation

ABOUT CASCADERO COPPER

Cascadero Copper is an integrated prospecting and mineral exploration business
with offices in North Vancouver, BC, Canada, Sudbury, Ontario, Canada and Salta
City in the province of Salta, Republic of Argentina. The Company generates,
acquires and explores mineral properties and is active in the three
jurisdictions.


In north central British Columbia, the Company has a 100% interest in a 31,000
hectare property in the Toodoggone region, which is prospective for copper gold
porphyry systems. This property is subject to a C$20 million Joint Venture with
Gold Fields.


In Ontario, the Company holds or has the right to acquire a 100% in 17
properties in the Sudbury, Swayze and Timmins camps, which are volcanic and
sediment hosted copper gold prospects.


In north western Argentina, the Company holds a 50% interest in a 46 property
portfolio, which consists mainly of bulk mineable copper-moly-gold porphyries
and bulk mineable sediment hosted silver-gold plus base and rare metals.


Cascadero's commodity focus is gold, silver, moly, copper, base and rare metal
hosted in large-scale bulk mineable mineral systems.


In 2009, the Company discovered Taron, a large bulk mineable sediment hosted
epithermal rare metal deposit in Argentina. In 2011, Cascadero discovered Las
Burras, a new Argentine Cu-Mo-Au porphyry.


The Company holds a large claim block that adjoins Lumina Copper's Taca Taca
Bajo Cu-Mo-Au deposit. Several copper and gold showings exist on these claims. A
first stage geochemical program is complete.


In 2012 to 2013, Cascadero intends to conduct exploration in three core areas:
Pancho Arias Cu-Mo-Au porphyry District, the Taca Taca Mineral District and the
bulk mineable sediment hosted silver prospects in the El Oculto District.
Exploration is also planned for Taron, an exciting large-scale sediment hosted
rare metal discovery.


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