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Cascade Announces Diamond Drilling Underway
SEATTLE, Nov. 14 /PRNewswire-FirstCall/ -- Cascade Mountain Mining Company,
Inc. (BULLETIN BOARD: CSCA) a Nevada mining and exploration corporation,
announces today that diamond drilling has commenced at Cascade's Mazama Project
located in northwest Washington State.
Results from early samplings at Diamond Drill Hole #1 have intersected sulfide
mineralization from two through 72 feet. This hole is being drilled to test and
confirm previous copper values and possibly additional values in molybdenum gold
and silver from samplings previously taken from three Mazama Project drill
sites. These three sites have been selected based on historical data. These
sample analysis and results were certified by ALS Chemex of Vancouver, British
Columbia.
The host rock at Diamond Drill Hole #1 appears to be an altered quartz diorite
porphyry, with the sulfides occurring in disseminated blebs and in veinlets. To
date 600 feet of diamond drilling has been completed at Drill Hole #1, with
initial essays returned from ALS Chemex Laboratories are as follows:
Diamond Drill Hole #1
75 degree angle - East Bearing
Footage Width Cu % Mo ppm Au ppm Ag ppm
2' - 12' 10' 0.05 9 0.005 0.2
12'- 22' 10' 0.22 43 0.024 0.4
22' - 32' 10' 0.34 14 0.020 0.8
32' - 42' 10' 0.26 39 0.020 0.5
42' - 52' 10' 0.32 26 0.022 0.6
52' - 62' 10' 0.22 31 0.018 0.4
62' - 72' 10' 0.212 12 0.018 0.4
According to Cascade Mining Chief Geologist Michael Skopos, "We are very pleased
with these early reports. The initial drill results from Diamond Drill Hole #1
appear encouraging and we look forward towards further evaluation."
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.
DATASOURCE: Cascade Mountain Mining Company, Inc.
CONTACT: David Zazoff of FOCUS Partners LLC, +1-212-752-9445,
, for Cascade Mountain Mining Company, Inc.
Web site: http://www.cascade-mining.com/