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Last C$0.03 CAD
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As of 11:07 AM 08/6/15 All times are local (Market data is delayed by at least 15 minutes).

cassidy gold corp (CDX) Snapshot

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09/29/14 - C$0.06
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06/22/15 - C$0.03
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cassidy gold corp (CDX) Details

Cassidy Gold Corp. engages in the exploration, evaluation, and development of mineral property interests in Canada and West Africa. The company explores for gold deposits. It primarily owns a 100% interest, subject to a 15% state participation, in the Kouroussa Gold Project in Guinea. The company was formerly known as PMA Resources Inc. and changed its name to Cassidy Gold Corp. in September 1996. Cassidy Gold Corp. was incorporated in 1984 and is based in Kamloops, Canada.

Founded in 1984

cassidy gold corp (CDX) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$166.5K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$45.9K
Compensation as of Fiscal Year 2013.

cassidy gold corp (CDX) Key Developments

Cassidy Gold Corp. Announces Appointment of Bruce McDonald as Chief Operating Officer

Cassidy Gold Corp. announced the appointment of Bruce McDonald as the company's Chief Operating Officer. Bruce McDonald is an economic geologist, who started his career with Newmont Mining Corporation and later BP Minerals and Snowden Consulting where he was part of their international consulting group. Mr. McDonald's experience is principally epithermal and hydrothermal gold systems as well as porphyry environments. He has worked in many different countries and environments from Australasia, across Asia including India and Malaysia, Brazil, Ecuador and Eastern and Western Europe. Over the last 5 years, Bruce has focused primarily on Asian projects in Mindanao, Philippines and northern Vietnam. At present, he is managing the development of an underground gold mining operation in Guinea, West Africa. Bruce is also the Managing Director of ASVI Technical Services Group, a mining development consultancy company.

Cassidy Gold Corp. Auditor Raises 'Going Concern' Doubt

Cassidy Gold Corp. filed its Annual on Feb 27, 2015 for the period ending Oct 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Cassidy Gold Corp. Announces Phase 1 and Phase 2 of the Gravity Gold Recovery Plant at the Kouroussa Gold Project in Guinea, West Africa

Cassidy Gold Corp. announced that Phase 1 (100 ton/hour alluvial plant) and Phase 2 (60 ton/hr crushing circuit) of the Gravity Gold Recovery plant are now on site at the Kouroussa Gold Project in Guinea, West Africa. Shipping from South Africa of the final part of the plant - Phase 3 (35 ton/hr milling circuit) - is scheduled for the third quarter of 2015. Further, the initial mining fleet is also on site at the project in Kouroussa. The company believes that it now has all items on the project site that are required to commission the plant and commence production. Cassidy cautions that it has not based its production decision on a feasibility study. The Kouroussa project has mineral resources only. Mineral resources are not mineral reserves and do not have demonstrated economic viability. No mining study or technical reports prepared in accordance with National Instrument 43-101 have been published since the Preliminary Economic Assessment ("PEA") prepared by SRK Consultants on February 28, 2012. Whilst the PEA detailed an open pit operation, the Kouroussa Project will be developed as both an open-pit and an underground operation. There can be no guarantees that production will commence as anticipated, or at all.


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