Cadan Resources CorporationCadan home pagemining copper, gold and silver in the Philippines  

projects

overview

tagpura-maangob gold copper

tagpura skarn gold copper

kalamatan gold copper

cadan gold copper

batoto-tarale gold

north comval gold

t'boli gold silver copper


gold gold (AU)
silver silver (AG)
copper copper (CU)


 
batoto-tarale news

 
23 Jun 2008

Area-wide exploration commences on six high priority targets.
view press release
download PDF press release
read about batoto-tarale

 
01 Feb 2007

Geophysical survey confirms major copper-gold porphyry system and surrounding gold stockwork zones at Batoto.
download PDF news release
read about batoto-tarale

 
16 Nov 2006

Environmental Compliance Certificate (ECC) received for Batoto Gold Project
download PDF news release
read about batoto-tarale

 
13 Nov 2006

Update on Philippine mining projects
download PDF news release
read about batoto-tarale

 
07 Sep 2006

Batoto drill hole returns 91 metres of strong gold mineralisation; discovery of new high grade zone.
download PDF news release
read about batoto-tarale

 
02 Aug 2006

Further highly encouraging results from drilling and surface trenching programs at Batoto gold project
download PDF news release
read about batoto-tarale

 
16 Jun 2006

54.7 g/t gold over 4 metres discovered in Tarale area of Batoto Gold Project
download PDF news release
read about batoto-tarale

 
30 May 2006

Significant exploration and drilling developments at Batoto
download PDF news release
read about batoto-tarale

 
04 May 2006

Trenching confirms potential of bulk mining at Batoto
download PDF news release
read about batoto-tarale

 
25 Mar 2004

Bulk Sampling Gold Assays of 48.3, 40.5, 35.2 and 43 g/t at T\'Boli and Comval Gold Projects
download PDF news release
read about batoto-tarale

batoto and tarale gold corridorgold

batoto project site
batoto project site
Cadan's Batoto gold project has a historic Philippine resource of 2.1 million ounces of gold. Work completed to date indicates that potentially profitable gold mineralisation is widespread.
 
The Tarale gold project will be explored further, and has shown features similar to the exciting new Cadan copper-gold discovery.

batoto gold project

Cadan's Batoto Gold Project has a historic Philippine resource of some 39mt @ 1.8 g/t gold for some 2.1 million ounces of gold. Gold mineralization is located within a regional igneous intrusive body known as the Maragusan Diorite as highlighted in the area tenement map.

tarale gold project

At the Tarale area company geologists have recognised a coincident magnetic and IP Resistivity anomaly which shows a coincident relationship with the line of high gold grade quartz veins that Cadan has bulk tested.

Modelling of geophysical data has indicated that the western-most geophysical line of the survey shows anomalous features similar to the new Cadan Porphyry discovery. Further mapping will be undertaken over this exciting new prospect.

batoto gold project

exploration

There is very clear evidence from the surface mapping, drilling and geophysical data of structurally controlled stockwork vein arrays associated with locally intense quartz pyrite- sericite (clay mineral) alteration in the core of the systems.

The gold mineralisation appears to be hosted within large alteration zones (selvidges) developed as haloes surrounding 1mm to 5cm wide veins - see photographs of core and surface exposures with grade of the sampled core interval.

These thin veins or veinlets characteristically comprise quartz-pyrite or sometimes pyrite only, within a strongly developed quartz-sericite-pyrite selvedge that is often ten times wider than the central vein itself.

Petrographic study has indicated gold to be associated with pyrite as grains of 5 to 75 microns. These features can be seen in both the weathered/oxidized host diorite and the unweathered protore but the appearance is somewhat different.

batoto-tarale drilling intersections

hole id   m from m to interval Au g/t
BD-1   90 106 16 2.46
  inc 92 93 1 1.30
  inc 100 101 1 36.14
  and 113 117 4 0.54
  and 138 146 8 0.69
BD-2   10 105 95 0.62
  inc 10 24 14 0.76
  inc 92 105 13 0.95
BD-3   0 19 19 0.50
  and 28 29 1 1.12
  and 101 118.3 17.3 0.56
BD-4   0 16 16 0.46
  and 51 52 1 2.17
  and 104 111 7 0.45
  and 115 119 4 0.57
  and 237 239.4 2.4 1.26
  and 262 264 2 0.74
  and 279 280 1 1.04
  and 282 286 4 0.52
  and 311 314 3 1.51
BD-5   45 47 2 0.82
  and 101 102 1 2.34
  and 132 166 34 0.55
  inc 142 159 17 0.89
  and 101 102 1 2.34
BD-6   2 3 1 1.42
  and 98 118 20 0.23
  and 137 138 1 1.69
  and 145 178 33 0.40
  and 255 282 27 0.79

See news releases for more information:
September 7, 2008 news release
June 16, 2008 news release
May 30, 2008 news release

 

tarale gold project

exploration

Cadan has conducted surface and underground exploration in the 9,000ha Comval Project area since mid 2003. It has completed a first phase drilling program designed to identify and delineate large low medium grade gold resources which it believes are located in several separate zones.

The work completed to date clearly indicated that potentially economic gold mineralization is widespread but localized to a large extent by wide structural zones which have been extensively altered.

A 50 tonne bulk sample treated from this area returned 3.2g/t of gold and 47.3g/t of silver per tonne. Channel sample assay values however are of the order of .5 g/t gold This indicates a nugget effect and suggests a different assay technique is required to provide more authentic results from the channel samples.

Several thousand tonnes of mineralization has been bulk tested at a nearby CIP plant. This bulk testing trial mining and processing operation indicated that the mineralization at Batoto was amenable to treatment by simple carbon-in-pulp methods with recoveries in excess of 90%.

In addition to the drilling program, Cadan undertook a large surface mapping and trenching program to help determine the principal structural zones believed to locally control the highest gold grades as well as completing a major geophysical program.

The emerging geological picture from the extensive surface and underground mapping program is more complex than initially believed. However, at this time, knowledge of the entire Comval Project area is at an early stage and additional exploration activities need to be completed.

ore photo for Batoto-Tarale core sample for Batoto-Tarale

Interpretation of drilling, other sub surface data and surface data indicates that mineralisation at Batoto occurs in a ENE - WSW trending zone -Clarke Mineralised Zone - that is steeply dipping to the north.

It is believed that the Clarke Mineralised Zone width is more than 100m and less than 250 metres has been mapped and is open to depth and along strike in both directions. See the table of drill intersections.

core photos
ore photo
ore photo
ore photos
ore photo
ore photo
microscopic gold in core sample
microscopic gold in core sample
maps
comval project map
comval project map
satellite map of projects
satellite map of projects
satellite map close-up of Comval projects
satellite map close-up of Comval projects
models
composite model
composite model
magnetic intensity model
magnetic intensity model
Batoto-Tarale gold belt with IP overlay
Batoto-Tarale gold belt with IP overlay
photos
in the trench
in the trench
project landscape
project landscape
project landscape view
project landscape view
project site
project site

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.