Cassidy Gold Corp.

Cassidy Gold Corp.

March 29, 2005 12:16 ET

Cassidy Gold Corp.: DDH Results from Sanu Filanan and X-Vein


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CASSIDY GOLD CORP.

TSX VENTURE SYMBOL: CDY

MARCH 29, 2005 - 12:16 ET

Cassidy Gold Corp.: DDH Results from Sanu Filanan and
X-Vein

KAMLOOPS, BRITISH COLUMBIA--(CCNMatthews - March 29, 2005) -

Sanu Filanan

Cassidy Gold Corp. (TSX VENTURE:CDY) is pleased to announce results from
ongoing diamond drilling on the Sanu Filanan deposit and X-Vein Zone on
its 100% owned Kouroussa Property in Guinea, West Africa. Five diamond
drill holes, KD142 to KD146, totalling 823 metres, continue to extend
mineralization to the northwest along the Sanu Filanan structure.
Highlights include 21.86 grams per tonne gold (g/t Au) over 3.75 metres
in KD143 and 3.16 g/t Au over 3.80 metres in KD144 (see Table 1). The
five drillholes indicate the presence of multiple mineralized structures
within a broad zone of shearing, close to surface. Highlights of diamond
drill results are as follows:



Table 1 Sanu Filanan DDH Highlights

-------------------------------------------------------
Interval
DDH From To metres Au g/t
-------------------------------------------------------
KD142 106.00 111.00 5.00 1.63
-------------------------------------------------------
incl 108.00 111.00 3.00 2.45
-------------------------------------------------------
KD143 35.50 36.00 0.50 3.11
-------------------------------------------------------
49.00 50.50 1.50 5.94
-------------------------------------------------------
74.75 78.50 3.75 21.86
-------------------------------------------------------
KD144 77.00 78.50 1.50 2.40
-------------------------------------------------------
123.20 134.00 10.80 1.38
-------------------------------------------------------
incl 123.20 127.00 3.80 3.16
-------------------------------------------------------
KD145 28.50 36.10 7.60 0.65
-------------------------------------------------------
incl 31.20 32.50 1.30 2.40
-------------------------------------------------------
76.10 77.00 0.90 0.87
-------------------------------------------------------
KD146 10.00 13.00 3.00 0.64
-------------------------------------------------------
20.50 25.00 4.50 0.57
-------------------------------------------------------


X-Vein Zone

The diamond drill was moved from the north Sanu Filanan to X-Vein and
completed 17 drill holes totalling 2442 metres along approximately 330
metres of the X-Vein trend. This program was designed to confirm
continuity and grade of the structure along strike and to depth, and to
analyze the structural controls to the mineralized zones. Highlights of
previous drilling (XV001 - XV007) include 4.32 g/t Au over 7.8 metres in
XV001 and 151.8 g/t Au over 2.0 metres in XV004.

Results have now been received for diamond drill holes XV008 - XV017
(see Table 2). Highlights include 9.05 g/t Au over 3.45 metres in XV008,
5.67 g/t Au over 3.2 metres in XV012, 13.74 g/t Au over 6.5 metres in
XV013, 16.58 g/t Au over 4.0 metres in XV015 and 3.39 g/t Au over 7.0
metres in XV016. A more complete summary of results is presented in
Table 2. Continuity of the mineralized X-Vein structure is strong over
300 metres strike and to 100 metres depth and remains open in all
directions. Structurally, the zone appears to be subvertical to steeply
west-dipping.



Table 2 X-Vein DDH Highlights

-------------------------------------------------------
Interval
DDH From To metres Au g/t
-------------------------------------------------------
XV008 0.80 2.50 1.70 3.46
-------------------------------------------------------
35.00 35.95 0.95 3.70
-------------------------------------------------------
91.90 92.05 0.15 5.54
-------------------------------------------------------
109.75 113.20 3.45 9.05
-------------------------------------------------------
XV009 106.00 107.35 1.35 0.92
-------------------------------------------------------
123.00 126.00 3.00 1.86
-------------------------------------------------------
134.00 135.00 1.00 1.19
-------------------------------------------------------
XV010 105.85 117.00 1.15 8.74
-------------------------------------------------------
164.00 167.00 3.00 5.89
-------------------------------------------------------
XV011 127.40 131.00 3.60 0.76
-------------------------------------------------------
XV012 114.40 114.65 0.25 1.74
-------------------------------------------------------
168.20 171.40 3.20 5.67
-------------------------------------------------------
203.00 204.00 1.00 1.97
-------------------------------------------------------
XV013 136.00 142.50 6.50 13.74
-------------------------------------------------------
XV014 57.00 57.85 0.85 0.63
-------------------------------------------------------
XV015 60.00 61.25 1.25 1.05
-------------------------------------------------------
81.80 85.80 4.00 16.58
-------------------------------------------------------
XV016 48.00 49.00 1.00 1.11
-------------------------------------------------------
59.00 66.00 7.00 3.39
-------------------------------------------------------
XV017 66.10 67.00 0.90 2.04
-------------------------------------------------------
95.00 97.00 2.00 0.67
-------------------------------------------------------
153.00 154.00 1.00 1.09
-------------------------------------------------------


JJ Zone

Two diamond drill holes were recently completed under reverse
circulation drill hole KRC027 (23.73 g/t Au over 14.0 metres), 250
metres southeast of the current limit of the JJ Vein. Core samples have
been sent for assay. Diamond drilling has now been stopped for a planned
3 week break. RC drilling, however, will continue northeast of the JJ
Zone before moving over to Sodyanfe.

Sampling and Assay Procedures

All drill core samples were split using a rock saw over sample lengths
of 0.5 to 1.5 metres. Holes are drilled with HQ rods through the
saprolite and reduced to NQ size once in bedrock, typically between 40
and 100 metres depth. All samples were sent to ABILAB Afrique de l'Ouest
in Bamako, Mali for fire assay using a 50-gram subsample. High-grade
samples were checked by reassaying the same pulp. A gravimetric finish
was used on all samples assaying over 10 g/t Au and some samples
assaying over 4 g/t Au. Several high values were checked by taking a
second split from the sample rejects and fire assaying with both AAS and
gravimetric finishes.

Personnel

The exploration team in Guinea consists of Project Manager Marc-Andre
Boudreau, B.Sc., Marthe Archambault, M.Sc., P.Geo., and Maxime Dupere,
B.Sc. Christopher J. Wild, P.Eng., V.P. Exploration for Cassidy Gold
Corp. is the Qualified Person for this release.



On behalf of the Board of Directors
Cassidy Gold Corp.
"James T. Gillis"
James T. Gillis, President


This press release may be accessed at Cassidy Gold Corp.'s website:
www.cassidygold.com and at www.sedar.com.

If you wish to be placed on Cassidy Gold Corp.'s e-mail press release
list, please contact us at cassidygold@telus.net.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Cassidy Gold Corp
    Jim Gillis
    President
    (250) 372-8222
    (250) 828-2269 (FAX)
    www.cassidygold.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this news release.