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18 Dec 2008

Cadan Announces Development of T’Boli Gold-Silver Mine
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read about t'boli

 
28 Nov 2008

2008 3rd quarter consolidated financial statement
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28 Nov 2008

2008 3rd quarter MD&A
download PDF management discussion

 
04 Nov 2008

Cadan’s Trial Mining Head Grade14.60 g/t Gold & 38 g/t Silver
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read about t'boli

 
28 Oct 2008

Cadan Comfirms New T’boli Gold Silver Zone, Possible Increase in Area & Grade of Resource
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read about t'boli

 
23 Sep 2008

Cadan Has Commenced Underground Development/Gold Lode Block Access Work at T'Boli Epithermal Gold Silver Deposit
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read about t'boli

 
19 Aug 2008

2008 2nd quarter consolidated financial statement
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18 Aug 2008

Cadan completes $2,000,000 non-brokered private placement.
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18 Aug 2008

2008 2nd quarter management discussion and analysis
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05 Aug 2008

Tagpura porphyry skarn returns economic drill results
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read about tagpura skarn

 
02 Jul 2008

Kalamatan first pass shows potential tonnage between 100-525 million tonnes, potential grade range up to 0.72% copper equivalent.
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read about kalamatan

 
27 Jun 2008

Cadan holds annual general meeting
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23 Jun 2008

Area-wide exploration commences on six high priority targets.
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05 Jun 2008

Cadan announces arrangement of non-brokered private placement.
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04 Jun 2008

Cadan's T'Boli assays return high Gold and Silver values
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read about t'boli

 
 
more news >>
 

Cadan Resources Corporation (CNF-TSXV) is rapidly advancing its copper-gold and gold-silver mining projects to production in the Philippines.

copper and gold at comval and t'boli

Cadan is actively exploring known copper-gold deposits in the Tagpura-Maangob corridor, Tagpura porphyry skarn, Kalamatan and Cadan, a new discovery.

Development continues at the T'Boli Gold Silver Deposit, an epithermal high grade gold-silver deposit, and porphyry copper-gold target.

tagpura-maangob corridor

The Tagpura-Ma-angob corridor is some 1500m long and 500m wide and has conceptual or order of magnitude tonnage and grade currently ranging between 1 billion and 1.7 billion tonnes, with grades ranging from 0.30 to 0.7% copper, and 0.17 to 0.31 g/t gold. Download the NI 43-101 compliant disclosure (PDF 1.69MB) or read the June 2, 2008 news release for more information

representative drill intercepts

Drill Hole Intercept m Copper % Gold g/t
TGD-3 109.30.320.09
TGD-16 219.90.400.08
TGRC-39 1500.310.06

See news releases for more information:
June 2, 2008 news release
March 4, 2008 news release

Cadan mining projects

 

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Read the disclaimer regarding these projects.


tagpura porphyry skarn zone

The Tagpura porphyry skarn zone has indicated a "conceptual or order of magnitude" potential tonnage range of some 10 million tonnes to 15 million tonnes with a potential grade range between 0.50% copper and 0.20 g/t gold to 0.70% copper and 0.31 g/t gold. Read the August 5, 2008 news release for more information. It is earmarked for early production through possible "bacterial heap leach" with a projected 2MT a year operation.

representative drill intercepts

Drill Hole Intercept m Copper % Gold g/t
TGD-1 208.60.450.17
TGD-14 148.50.420.12
TGD-15 162.60.790.31

kalamatan

Kalamatan has an indicated "conceptual or order of magnitude" potential tonnage range of some 100 million tonnes to 525 million tonnes with a potential grade range from 0.31% copper equivalent (0.27% copper and 0.11 g/t gold) to 0.72% copper equivalent (0.55% copper and 0.46 g/t gold).). Download the NI 43-101 compliant disclosure (PDF 1.69MB) or read the news release dated July 2 2008 for more information.

The first pass drilling also leaves the mineralized zone open along strike in both directions and at depth.

cadan porphyry copper-gold prospect

Exploration is underway at the newly discovered Cadan copper-gold porphyry prospect in Compostela Valley Province, East Mindanao. Cadan has a potential tonnage between 450 and 900 metric tonnes.

Cadan discovered the Cadan porphyry copper-gold prospect in 2006, the first new discovery in Eastern Mindanao in over 20 years. Read the April 24, 2007 news release for more information.

Cadan has a number of high priority exploration targets including:
  - five separate gold stockwork areas,
  - stockwork of molybdenum-bearing quartz veins,
  - magnetite bearing skarn,
  - new porphyry copper-gold zone; and
  - skarn showing massive sulphides, magnetite and chalcopyrite

exploring for gold at batoto site

Exporation is under way to validate the Batoto Gold Target, which has a historic resource of 39 million tons @ 1.8 g/t for 2.1 million ounces of gold.

gold in north comval

The North Comval project exploration commenced with regional mapping and stream sediment panned concentrates, most of which showed free gold. The next phase of exploration in this area is to drill the geophysical anomaly.

gold and silver in t'boli deposit

The T'Boli epithermal high grade gold-silver deposit has an Inferred Resource of 2.4 million tonnes, grading 5.5 g/t Gold and 21 g/t Silver, for 420,000 contained ounces of gold, and 1.6 million contained ounces of silver. Download the NI 43-101 compliant disclosure (PDF 1.69MB) for more information.

This National Instrument 43-101 Compliant Inferred Resource stems from the JORC Inferred Resource that included 23 diamond drill holes totalling 7,057 meters and 131 adits that were mapped surveyed and sampled. Some results included:

drilling intersections

distance and grade of Gold in hole (meters) including superior grade of
4 m @ 5.3 g/t Au  1 m @ 17.9 g/t Au
8 m @ 4.5 g/t Au  3 m @ 10.5 g/t Au
12 m @ 7.1 g/t Au  4 m @ 18.7 g/t Au
4 m @ 13.4 g/t Au 
8 m @ 15.2 g/t Au 
10 m @ 3.6 g/t Au  5 m @ 6.0 g/t Au

The news release dated June 4, 2008 announced these results.

 
Cadan announced results from ongoing underground vein sampling over veins, ranging in widths from 40cm to 150 cm, and all located within an area of the northern vein system now identified for near term bulk testing to determine gold and silver grades as part of a possible larger underground resource. Download the NI 43-101 compliant disclosure (PDF 1.69MB) or read the news release dated June 4, 2008 for more information.

highlights

Sample No. Gold g/t Silver g/t Width cm
TMC125.8232.8680
TMC139.7710.6950
TMC159.8513.9240
TMC168.4725.9360
TMC1761.8435.1640
TMC1817.30190.1460
TMC1910.29159.3840
TMC2032.44182.4560
TMC2158.04159.3860

The news release dated June 4, 2008 announced these results.

invest in Cadan

Cadan Resources Corporation is exploring and developing minerals in the Philippines and trades on the TSX-Venture exchange (Symbol: CNF). Our corporate vision is to be a profitable and low cost mineral exploration, mineral development and processing group. Through low cost operations we strive to build shareholder value, improve social, economic and natural environments and make a positive and valuable contribution to our stakeholders. Read more about investing in Cadan.

Porphyry deposits are low to mid-grade, large-tonnage mineral deposits.

Epithermal deposits are mineral deposits consisting of veins and replacement bodies, usually in volcanic or sedimentary rocks.

An adit is a type of entrance to an underground mine which is horizontal or nearly horizontal. Compare to a tunnel, which is a horizontal excavation which goes completely through a body of earth.

A Mineral Resource is a concentration or occurrence of material of intrinsic economic interest in or on the Earth's crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade, geological characteristics and continuity of a Mineral Resource are known, estimated or interpreted from specific geological evidence, sampling and knowledge. Mineral Resources are sub-divided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories. Definition from Australasian Joint Ore Reserves Committee (JORC).

Indicated Resource is that part of a Mineral Resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence, sampling and assumed but not verified geological and/or grade continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be limited or of uncertain quality and reliability. Definition from Australasian Joint Ore Reserves Committee (JORC).

Inferred Resource is that part of a Mineral Resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence, sampling and assumed but not verified geological and/or grade continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be limited or of uncertain quality and reliability. Definition from Australasian Joint Ore Reserves Committee (JORC).

Measured Resource is that part of a Mineral Resource for which tonnage, densities, shape, physical characteristics, grade and mineral content can be estimated with a high level of confidence. It is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. The locations are spaced closely enough to confirm geological and grade continuity. Definition from Australasian Joint Ore Reserves Committee (JORC).

Historical reserve is the measure of ore reserve that was previously calculated.

Mining companies do Resource Definition Drilling to define the tonnage and grade of deposits. Exploratory holes are drilled to take samples, and the data from the samples is used to create 3-dimensional models of the deposit.

Skarn is the name for the metamorphic rocks surrounding an igneous intrusive where it comes in contact with a limestone or dolostone formation. Skarns are often hosts for copper, lead, zinc, iron, gold, molybdenum, tin, and tungsten ore deposits.

An Intrusive is a body of igneous rock formed by the consolidation of magma intruded into other rocks, in contrast to lavas, which are extruded upon the surface of the earth.

Igneous rocks are formed by the solidification of molten material from far below the earth's surface. Metamorphic rocks have undergone a change in texture or composition as the result of the heat and/or pressure.

Limestone is a bedded, sedimentary deposit consisting chiefly of calcium carbonate.

Dolostone is a sedimentary carbonate rock that contains a high percentage of the mineral dolomite.

Magma is the molten material deep in the Earth from which rocks are formed.

A stockwork system is a system of veins making up a deposit.

Induced Polarisation (IP) is a method of ground geophysical surveying employing an electrical current to determine indications of mineralization.

K-feldspar is widespread and common in a wide variety of igneous and metamorphic rocks and in some sedimentary rocks. Its chemistry and atomic arrangement are variable, so visual properties vary as well.

Chalcopyrite is a sulphide mineral of copper and iron; the most important ore mineral of copper.

Bornite, or Copper Iron Sulfide, is an important copper ore mineral.

Pyrite is a yellow iron sulphide mineral, normally of little value. Also called "fool's gold".

Quartz is a common rock-forming mineral consisting of silicon and oxygen.