Cascadero Copper Corp.
TSX VENTURE : CCD
FRANKFURT : C5C

Cascadero Copper Corp.

July 12, 2007 09:30 ET

Cascadero Copper Corporation: Exploration Update Pine North Copper-Gold Porphyry Prospect

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2007) - Cascadero Copper Corporation (TSX VENTURE:CCD)(FRANKFURT:C5C) -

The Company has mobilized to its camp in the Toodoggone region in north central British Columbia and is preparing for a core drilling program on the Pine North copper-gold porphyry prospect.

The Pine North prospect is defined by soil and rock geochemistry, airborne and ground geophysics, MMI geochemistry and geological mapping since its discovery in the early 1990s. The area is heavily treed and largely overburden covered but prospecting generally in the area and mapping to the north and west infers that the area is likely underlain by intrusive rocks belonging to the Black Lake suite. Sub-crop in the area is identified as altered quartz monzonite. All geological and geochemical data imply that Pine North is a high-priority copper-gold porphyry drill target. The prospect has not been subject to a drill program. Dr. Ken Dawson Ph. D, P.Geo, is the project geologist and qualified person for the Company.

The Toodoggone is well endowed with copper and gold mineralized porphyries and several prospects and showings that have been drilled exhibit copper-gold and copper-molybdenum mineralization. The intrusions are nested throughout the Toodoggone volcanic arc, an area of 100 kms north south by 30 kms east west. Age dating has determined that the mineralized intrusions range in age from about 194 to 219 million years old. Canada's second largest mine, the 55,000 tonne per day Kemess South copper-gold mine, operated by Northgate Minerals (NGX-T), is about 29 kms southwest and the developed Kemess North deposit is about 23 kms southwest of Pine North.

Pine North is 100% owned by Cascadero Copper subject to a 3% NSR that can be reduced to 1% on base and 1.5% on precious metals by way of cash payments.

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Contact Information

  • Cascadero Copper Corporation
    Bill McWilliam
    Chief Executive Officer
    (604) 999-0391
    Email: Bill@Cascadero.com