Business
Casa Minerals Provides an Update on The Congress Gold Mine Project
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2023) - Casa Minerals Inc. (TSXV: CA...
About this update from Casa Minerals, Inc.
[{"type":"text","content":"Casa Minerals Provides an Update on The Congress Gold Mine ProjectVancouver, British Columbia--(Newsfile Corp. - October 17, 2023) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the \"Company\" or \"Casa\") is pleased to provide an update for its Congress Gold Mine project located near the town of Congress in the Martinez Mining District of Yavapai County, Arizona, and an update of planning. Casa is the owner of a 90% interest in the Congress Gold Mine property.The historic Congress mine produced approximately 500,000 ounces gold from the Congress and Niagara veins. All production was from underground workings. Casa, in a news release dated 20-09-2022, announced completion of ten drill holes with lengths between 74.7 and 365.8 metres (245.1 feet and 1200.2 feet) and in a news release dated 30-01-2023, announced initial assay results in a tabulation of significant intercepts that included the following:Table 1: 2022 Drill assays results of the Congress Gold Mine ProjectDDHIncludingFrom (m)To (m)Width (m)Au (g/t)Ag (g/t)CGC-001Inc.7576.81.81.13.4CGC-00378.381.432.64.6CGC-00378.386.37.91.94.3CGC-00378.38910.71.63.6CGC-003Inc.8586.31.24.35.6CGC-0038587.52.42.64.3CGC-004Inc.34.169.235.11.11.9CGC-004Inc.50.961.610.73.54.2CGC-004Inc.55.5571.514.96.9CGC-00455.558.539.37.3CGC-005Inc.80.2821.810.9CGC-005Inc.126.8129.831.12.6CGC-005Inc.320.6322.21.52.80.3CGC-009Inc.6.48.52.11.24.7CGC-009256.3257.91.52.610.4CGC-009262.42641.51.33.4CGC-009268.5271.631.53.2CGC-009268.5280.712.21.12.1CGC-009283.8285.31.53.12.1CGC-009Inc.317.3318.81.51.61 The Congress Gold mine operated at intervals from 1880 to 1992. Casa purchased the property in 2021 and conducted due diligence, data compilation and field surveys, followed in 2022 by diamond drilling 10 drill holes with a total length 2,081 metres (6,828 feet). The 2022 drill program was planned to confirm the accuracy and integrity of the gold and silver mineralization database. Additionally, the purpose of the drilling was to establish geological characteristics of mineralization and host rock formations and to confirm exploration potential in and near the former Congress Mine. Operations were conducted in accordance with Arizona mining regulations and the federal Mines Act of 1871 and OSHA. Site management and drill core processing were supervised by a Registered Professional Geologi...