Cusac Gold Mines Ltd.
OTC Bulletin Board : CUSIF

Cusac Gold Mines Ltd.

July 19, 2005 09:00 ET

Cusac Begins Taurus II Drill Program

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 19, 2005) - David H. Brett, President, Cusac Gold Mines Ltd. (TSX:CQC)(OTCBB:CUSIF), the "Company"), reports commencement of diamond drilling designed to test new bulk tonnage gold targets on the Company's 100% owned Table Mountain Gold Property near Cassiar, BC. The top priority targets are large zones of alteration and quartz veining where past trenching returned widespread gold values up to 190 grams per ton. A total of 6,800 feet of drilling is planned for the first three target areas.

The decision to drill follows a detailed review of historical data in the vicinity of the Taurus Project (part of which is owned by Cusac), where Cyprus Canada outlined a 1.2 million ounce inferred gold resource in the mid 1990s(i). This review led to the discovery of data from past exploration that outlined a number of broad zones of anomalous gold values in soil and outcrop with similar geology and mineralization to the nearby Taurus Project. Results from over 50 backhoe trenches from a 1987-88 program conducted by Total Energold revealed extensive quartz veining, alteration and gold assays up to 190 grams per ton, with many assays running several grams per ton. The first target to be drilled is a 500 by 150 meter area named the Backyard System, located approximately 100 meters north of Provincial Highway 37 and 3.7km south east of the Taurus Project. Images of the various target zones showing details of the assay results and locations are posted to the Company's web site at:

"The Taurus II initiative opens up a whole new area of exploration potential for Cusac," said CEO David Brett. "Cusac's historic focus on high-grade underground operations at Table Mountain has, to some degree, overshadowed the fact that the Table Mountain Property covers a large portion of the Cassiar Gold Camp, host to both numerous underground, bonanza style high grade gold veins, as well as near surface bulk tonnage targets like Taurus and now Taurus II. Cusac management is very determined to recommence our underground gold operation and believes that our current Taurus II campaign will help re-focus investor attention on Cassiar as an important gold camp in British Columbia."

((i)Note: This data is historical in nature and was compiled before the implementation of National Instrument 43-101 reporting standards. Investors are cautioned that recent independent verification of the data has not been performed and the Company has not completed sufficient exploration to verify the historical resource and reserve estimates. The Company is not treating the historical estimates as National Instrument defined resources or reserves verified by a qualified person and the historical estimate should not be relied upon.)


David H. Brett, President & CEO

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