The company intercepted 20m of 6.39g/t gold at the site including 6m of 14.4 g/t Au, in addition to 27m of 0.48 g/t Au and 17m of 0.62 g/t Au along the trench, all located in the western portion of the 7.3 square kilometer gold in soil anomaly.
Cayden has completed sampling from both the eastern and western anomaly targets, which are pending assay.
Cayden president and CEO Ivan Bebek said, "While drilling the western portion of the La Magnetita anomaly we are completing extensive trenching and surface exploration on the eastern portion of the significant La Magnetita anomaly where we expect results shortly."
Continuous channel sampling at 1m to 2m intervals was conducted to obtain all trench samples, which are assayed using standard 30g fire assay with atomic absorption finish by Acme Labs in Vancouver.
Using a minimum of a 0.2 g/t cut off at beginning and end of the intercept, intercepts were calculated allowing for no more than six consecutive samples of less than 0.2 g/t Au.
