SEATTLE, Jan. 8, 2004 (PRIMEZONE) -- Cascade Mountain Mining Company, Inc. (OTCBB:CSCA), a Nevada mining and exploration corporation, announces today continued good assay results from Mazama Project. Significant drill results were previously announced from Diamond Drill Hole #1. These results are as follows:
Averages from 12' - 182' Footage Width Cu % Mo ppm Au ppm Ag ppm 12' - 182' 170' 0.79 77 0.056 1.15 Richer portion from 112' - 182' Footage Width Cu % Mo ppm Au ppm Ag ppm 112' - 182' 70' 1.08 110 0.065 1.5 Continued good results from ALS Chemex Laboratories from 182' - 402' Footage Width Cu % Mo ppm Au ppm Ag ppm 182' - 192' 10' 0.54 67 0.039 1.0 192' - 202' 10' 0.56 14 0.020 1.6 202' - 212' 10' 0.31 36 0.017 0.5 212' - 222' 10' 0.26 43 0.019 0.5 222' - 232' 10' 0.11 4 0.012 0.2 232' - 242' 10' 0.11 4 0.008 0.2 242' - 252' 10' 0.19 3 0.009 0.3 252' - 262' 10' 0.20 9 0.026 0.3 262' - 272' 10' 0.77 9 0.037 0.9 272' - 282' 10' 0.73 82 0.052 0.8 282' - 292' 10' 0.52 37 0.027 0.8 292' - 302' 10' 0.24 42 0.007 0.2 302' - 312' 10' 0.26 56 0.015 0.4 312' - 322' 10' 0.38 60 0.024 0.5 322' - 332' 10' 0.47 121 0.037 0.7 332' - 342' 10' 0.48 62 0.052 1.3 342' - 352' 10' 0.25 36 0.022 0.4 352' - 362' 10' 0.64 15 0.040 0.8 362' - 372' 10' 0.17 20 0.018 0.3 372' - 382' 10' 0.37 477 0.019 0.7 382' - 392' 10' 0.19 8 0.013 0.2 392' - 402' 10' 0.36 82 0.023 0.4 Average values from 182' - 402' 220' 0.37 58.5 0.024 0.6 Average values from 12' - 402' 390' 0.553 67 0.026 1.1 Previous good averaged results from Diamond Drill Hole #3 Footage Width Cu % Mo ppm Au ppm Ag ppm 15' - 105' 90' 0.41 84.0 0.031 0.4 141' - 162' 22' 0.57 31.3 0.030 0.7 Additional good assay results from Diamond Drill Hole #3 Footage Width Cu % Mo ppm Au ppm Ag ppm 105' - 112' 7' 0.22 82 0.019 0.2 112' - 122' 10' 0.74 37 0.053 0.6 122' - 132' 10' 0.59 29 0.032 0.6 132' - 141' 9' 0.56 31 0.040 0.7 Average values from 105' - 141' 36' 0.55 50 0.036 0.6 Average values from 141' - 162' 22' 0.57 31.3 0.03 0.7 162' - 172' 10' 0.36 13 0.024 0.4 172' - 182' 10' 0.42 37 0.018 0.4 182' - 192' 10' 0.43 28 0.029 0.5 192' - 202' 10' 0.21 16 0.120 0.2 202' - 212' 10' 0.42 13 0.030 0.7 212' - 222' 10' 0.57 73 0.035 0.7 222' - 232' 10' 0.71 88 0.049 0.8 232' - 242' 10' 0.69 95 0.030 0.9 242' - 252' 10' 0.34 36 0.025 0.4 252' - 262' 10' 0.38 34 0.016 0.4 262' - 272' 10' 0.89 64 0.501 2.1 272' - 282' 10' 0.51 25 0.042 0.6 Average values from 162' - 282' 120' 0.5 44 0.08 0.7 Total Average values from 15' - 282' 268' 0.48 81 0.054 0.6 Initial sampling of the Lower Adit returned significant gold assays from the two separate parallel shear zones. Highest Gold results in Zone 1: 0.053 oz/ton Zone 1 Width Cu % Mo ppm Au oz Ag oz /ton /ton Right wall #1 3.5' 0.04 31 0.020 0.05 Center #2 5.0' 0.08 64 0.053 0.03 Left wall #3 6.0' 0.08 57 0.011 0.01 Averages: 5.0' 0.07 50 0.03 0.03 Highest Gold and Silver results to date: Zone 2 Width Cu % Mo % Au oz Ag oz /ton /ton 7' 0.77 0.014 0.14 2.92
About Cascade Mountain Mining
Cascade Mountain Mining, www.Cascade-Mining.com, owns 31 mining claims, which encompasses the Mazama Project. The Company is in the process of confirming previous exploration work that was started in 1963 by Bear Creek Mining (the exploration division of Kennecott), Brenda Mines (Noranda), Exxon Minerals, and others. Cascade was formed in 2002 to develop these and other reserves subject to the economics. The Company intends to concentrate entirely solely on claims that become available that have been "worked". This means the claims have known ore reserves where data is available on test borings and analysis which shows that a mining operation is marginally profitable or close to breakeven, given the mining techniques and commodity price of the metals extracted at the time. Cascade Mountain will re-evaluate such analysis, typically by adding more testing and by "upgrading' the ore-to-waste ratio. This is done by employing the newest mining technology, employing state-of-the-art 3-dimensional computer modeling and targeting the enriched areas of a group of claims.
Safe Harbor Statement
The statements contained in this news release that are not historical facts may be statements regarding the Company's future that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe the Company's hopes, plans, objectives, goals, intentions or expectations are all forward-looking statements. Any such statements made herein about the Company's future are only made as of the date of this news release. Numerous factors, many of which are beyond the Company's control, may affect actual results. The Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.