Cusac Gold Mines Ltd.
TSX : CQC
OTC Bulletin Board : CUSIF
FRANKFURT : DCB

Cusac Gold Mines Ltd.

September 11, 2007 09:02 ET

Cusac Drills 35.9 Meters of 1.74 Grams Gold at Taurus

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2007) - David H. Brett, President, Cusac Gold Mines Ltd. (TSX:CQC)(OTCBB:CUSIF)(FRANKFURT:DCB) (hereinafter "Cusac"), reports that assay results from 05TC-05, 08, 09 and 10 at the Taurus Deposit continue to confirm broad zones of near-surface low-grade gold mineralization with higher grade zones. Hole 07TC-05 intersected 35.9 meters grading 1.74 grams per ton within a larger interval of 0.8 grams per tonne gold over 140 meters. Hole 07TC-09 returned 4.5 meters of 13.5 grams per tonne gold and another intercept of 6.0 meters grading 4.2 grams. The foregoing grades are not capped. Please see detailed results in the table below for the uncapped and capped grades. Located near Cassiar in northern British Columbia, the Taurus Deposit is an advanced exploration project with over 380 drill holes that hosts a 43-101 compliant inferred resource of 1.04 million ounces of gold.

In addition to diamond drilling, Cusac's ongoing exploration program at the Taurus Deposit includes relogging of important drill core and sampling of unsampled core in holes drilled prior to 1995. Management believes that some of the unsampled intervals may contain economic low-grade gold values and provide the basis for an increase in the total gold resource calculation at the Taurus Deposit. Over 1,300 core samples from previously unsampled historic drill intervals have been taken and results are pending.

Seven of the 10 holes drilled this year at Taurus were large diameter (HQ) cores designed to obtain samples of sufficient size for metallurgical analysis. Historic metallurgical testing carried out at Taurus by Cyprus Canada and others have shown encouraging recovery rates for gravity floatation and direct cyanidation processes. The new tests will be designed to obtain more definitive results that can be relied upon for a 43-101 compliant preliminary feasibility study that the Company plans to initiate in 2008. Additional drilling at Taurus is expected to commence in October of 2007.



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Core
From To Au g/T Capped at Length
Hole ID (m) (m) Un-capped 12.42 g/T(i) (m)
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07TC-05 7.85 147.90 0.80 0.77 140.05
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Including 28.45 64.35 1.74 1.59 35.90
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Including 133.75 147.90 1.77 1.77 14.15
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07TC-08 25.60 28.10 4.74 3.48 2.50
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And 48.90 117.20 0.69 0.63 68.30
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Including 48.90 58.70 1.55 1.13 9.80
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Including 66.00 84.45 0.84 0.84 18.45
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Including 107.50 117.20 1.41 1.41 9.70
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07TC-09 4.10 10.10 4.28 4.17 6.00
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And 30.10 34.65 13.56 3.43 4.55
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And 72.80 78.15 9.44 6.94 5.35
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07TC-10 61.60 93.00 0.51 0.51 31.40
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Including 61.60 65.80 2.06 2.06 4.20
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Including 88.80 93.00 1.33 1.33 4.20
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(i) This column shows average assay results if assays over 12.42
g/t are capped at 12.42, which is a factor derived from the
2006 Wardrop Engineering 43-101 report on the deposit.


Cusac Gold Mines, Ltd., in existence since 1966, is a gold production and exploration company focused on the 175 square KM Cassiar Gold Property in northern British Columbia. Please visit our website www.cusac.com for more information.

George Sanders, M.Sc., P. Geo, the Qualified Person under National Instrument 43-101 for the technical portion of this News Release. All assays reported in this news release were prepared by Eco Tech Laboratory Ltd. of Kamloops, B.C.

CUSAC GOLD MINES LTD.

David H. Brett, President & CEO

Forward Looking Statements

There are forward-looking statements contained herein that are not based on historical fact, including without limitation statements containing the words "believes", "may", "plans", will", "estimate", "continue", "anticipates", "intends", "expects" and similar uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, Cusac's exploration results, lack of revenues, additional capital requirements, risks associated with the exploration activity. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Cusac Gold Mines Ltd.
    Investor Relations
    Toll Free: 1-800-670-6570 (Canada) or 1-800-665-5101 (USA)
    Email: info@cusac.com
    Website: www.cusac.com