VANCOUVER, June 6, 2014 /PRNewswire/ - Cayden Resources Inc. (TSX.V:CYD, OTCQX:CDKNF) (" Cayden" or the " Company") is pleased to announce that it has received results from its ongoing surface exploration program at the company's El Barqueno gold property in Jalisco State, Mexico. The channel and grab samples were taken from exposed bedrock in the Poncho East and newly identified Azteca North target areas.
The bedrock channel samples at Poncho East are highly anomalous in gold with assay results as high as 120 g/t Au. These results were collected along a mineralized trend representing 800 meters of strike length that is open in both directions. Poncho East is our largest untested target which is 5.8 square kilometers in size where our technical team has mapped extensive epithermal veining coincident with anomalous soils and a large geophysical anomaly. The samples were taken from exposed creek outcrops and around historical workings (please see Figure 1 below or caydenresources.com for location and results map).
Cayden has received channel samples from parallel mineralized structures that lie to the northwest of the Azteca target area where the Company completed a successful drill program earlier this year. The new area, named Azteca North, has exposed mineralization as a result of historic trenches and road cuts where mineralized rock outcrops occur. Highlights from this sampling program include 12 meters of 1.87 g/t Au, 7 meters of 2.54 g/t Au and 3 m of 2.67 g/t Au (please see Figure 2 below or caydenresources.com for location and results map).Permit Update Cayden has recently obtained an additional permit that enables the Company to commence initial drilling of the Angostura and Zapote targets where additional permits are in process that will provide further access to Pena de Oro, Angostura and the Zapote target areas. The Company is also undertaking an MIA permit application that will allow complete road and drill site access to 8 of Cayden's 9 high priority targets.