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EL CASTILLO (EL CAIRO)

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EL CASTILLO (EL CAIRO)
Classification: Active/Verified
Status: Producer
Type of Work: Surface
Location:
Mexico, Durango
Nearest Landmark: ATOTONILCO
Distance from Landmark: N/A
Direction from Landmark: N/A
Latitude: 24 Degrees 52 Minutes (North)
Longitude: 104 Degrees 31 Minutes (West)
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Property News

October 21, 2009
Castle Gold Corporation provide an update on the ramp-up in mining and gold production at its 100 percent owned El Castillo Gold Mine in Durango State, Mexico. A new quarterly gold production record of 7,655 ounces of gold was achieved, a 65 percent increase from the year earlier third quarter period of 6.421 ounces and a 19 percent increase from the previous quarter (Q2-2009) of 6,421 ounces of gold produced.
June 9, 2009
Castle Gold announced initial assay results from the remaining 13 of its 19 hole Phase 1 reverse circulation drill program aimed at expanding the gold resource to the south and south-east of the open pit at the El Castillo gold mine in Durango State, Mexico. The best intersection of this second set of drill holes was in drill hole CA – 231 which intersected 42.7m grading 0.72 g/t Au from 54.9m to 97.5m drill hole depth. All but two of the 13 remaining drill holes from the program intersected gold mineralized intervals from surface to depths of as much as 146.3m intersection length at gold grades above the resource cut-off grade (0.15 g/t Au) used to calculate the El Castillo mine gold resource and reserves
May 21, 2009
Castle Gold Corp announced initial assay results from the first eight of its 19 hole Phase 1 reverse circulation drill program aimed at expanding the gold resource to the south and south-east of the open pit at the El Castillo gold mine in Durango State, Mexico. The best intersection of this program was in hole CA – 216 which intersected 109.7m grading 0.70 g/t gold from 16.8m to 126.5m drill hole depth, including: 65.5m grading 1.02 g/t gold from 61.0m to 126.5m. All but one of the initial eight drill holes intersected gold mineralized intervals of from 7.6m up to 109.7m intersection length at gold grades above the resource cut-off grade 0.15 g/t gold

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