Cusac Gold Mines Ltd.

Cusac Gold Mines Ltd.

March 04, 2005 20:21 ET

Cusac to Explore Taurus-Style Targets at Table Mountain


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CUSAC GOLD MINES LTD.

TSX SYMBOL: CQC
OTC Bulletin Board SYMBOL: CUSIF

MARCH 4, 2005 - 20:21 ET

Cusac to Explore Taurus-Style Targets at Table Mountain

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 4, 2005) - Cusac Gold
Mines Ltd. (TSX:CQC)(OTCBB:CUSIF)

David H. Brett, President, Cusac Gold Mines Ltd., (the "Company"),
reports that the Company's exploration plans for 2005 now include new
bulk-tonnage gold targets in the vicinity of the existing Taurus Gold
project. The Taurus Gold project is a disseminated gold prospect that
lies on the Company's Table Mountain property as well as claims owned by
International Taurus Resources Inc (a claim map showing the deposit can
be found at www.cusac.com). Cyprus Canada completed significant
exploration on the Taurus Project in the mid 1990s and calculated an
"inferred, geological, uncut and undiluted resource" of 28.4 million
tonnes grading 1.36 grams of gold per tonne (see cautionary note(i)).
Immediately south and west of the Taurus Gold Project, on claims owned
100% by Cusac, is an area where the geology and previous exploration
indicates the possibility of a large-tonnage, disseminated gold deposit
and/or high-grade quartz vein gold mineralization. Cusac's new
exploration initiative in this prospective area is called Taurus II.

Drilling by Cyprus Canada and others has found gold distributed over
more than two square kilometers of the Taurus Project area. This broad
gold distribution is an extremely encouraging factor in the search for
an economic low-grade gold deposit.

There are two basic types "Taurus-Style" gold mineralization. Pyritic
quartz veins occur in broad east-west zones of mineralization consisting
of sheeted and swarmed veins in carbonatized and pyritized metabasalt.
Pyrite typically makes up 5-10% of the rock. Gold grains occur among
quartz grains and in and adjacent to pyrite grains. The second type of
mineralization, termed disseminated pyritic or pyrite-carbonate
mineralization, is characterized by 10-40% fine-grained pyrite, commonly
banded and lacking significant quartz veining. Cusac geologists believe
that the Erickson Creek Fault Zone (ECFZ), which extends the entire
length of the 20 KM long Table Mountain Property, is the main conduit
for the hydrothermal fluids that deposited the gold in the Cassiar gold
Camp. The largest mass of quartz and alteration associated with gold
mineralization on the property is located south of the 88 Hill zone and
north of the highway directly along the ECFZ. This suggests a
possibility that additional gold bearing resources of both types of
mineralization may exist on Cusac's claims in this area, where only
limited exploration has been carried out.

In 2005, the Taurus II initiative will involve a reinterpretation of the
orientation of the Taurus area deposits and a full assembly of all the
data. A detailed study of the structural controls and distribution of
gold mineralization is required to build a comprehensive
three-dimensional deposit model. With this model, Cusac will design
diamond drill holes to extend the known gold bearing zones along strike,
evaluate untested structures within the deposit area zones and explore
for as yet undiscovered mineralization.

"Cusac has been focused on our high-grade operation, but now we are
expanding our focus to include the excellent bulk-tonnage potential of
our Table Mountain Property," said Cusac CEO David Brett.

((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 StrataGold 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.)

CUSAC GOLD MINES LTD.

David H. Brett, President & CEO


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Cusac Gold Mines Ltd.
    David H. Brett
    President & CEO
    1-800-670-6570 (Canada) or 1-800-665-5101 (USA)
    info@cusac.com
    www.cusac.com
    The TSX has not reviewed and does not accept responsibility for the
    adequacy or accuracy of this release.