Cusac Gold Mines Ltd.
OTC Bulletin Board : CUSIF

Cusac Gold Mines Ltd.

October 20, 2005 09:00 ET

Cusac Gold Mines Ltd.: Drilling Recommences at Taurus II Open Pit Gold Target; New Taurus II 43-101 Report Recommends Stepped-Up Exploration Program

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 20, 2005) - David H. Brett, President, Cusac Gold Mines Ltd. (TSX:CQC)(OTCBB:CUSIF) (the "Company"), is pleased to announce the recommencement of its diamond drilling program at the Taurus II project. The Taurus II is a newly discovered gold zone with large-scale open pit potential on its 100% owned Table Mountain Gold Property in northern BC. A program of six holes comprising 3000 feet of drilling is planned to follow up on previous broad zones of gold mineralization. The Company is filing today a 43-101 compliant Technical Report on the Taurus II Project by qualified independent consulting geologists Dale Sketchley, M.Sc., P.Geo. This new report will shortly be available at The report confirms the potential at Taurus II for near surface, lower-grade, vein-alteration systems and recommends further exploration expenditures of $1.53 million.

As outlined in Mr. Sketchley's report, the Table Mountain Property has historically been explored for high-grade veins with little attention to the potential for lower-grade systems amenable to open pit mining. The Taurus II area is approximately one kilometer east of the Erickson Creek Fault Zone, the main gold controlling fault system in the area.

The previously described Somerville, Backyard and other areas of interest within the Taurus II area, are generally east-west trending structures that may exhibit improved mineralization as they get closer to the Erickson Creek Fault Zone. Some of the currently planned holes will test the Somerville and Backyard systems to the west.

"With gold prices currently higher, the economics of low grade systems such as Taurus II become even more compelling as exploration targets," said Cusac CEO David Brett. "The Company's ownership of a portion of the Taurus Project is also significant in light of the recent commissioning of an economic scoping study by American Bonanza, which will help define the potential of this large mineralized gold system which extends onto Cusac's claims in the area."


David H. Brett, President & CEO

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