CCD Cascadero Copper Corporation

Cascadero Copper Corporation (TSX VENTURE:CCD) - 

Salta Exploraciones S.A. (Salta), Cascadero's 50% owned Argentine subsidiary,
has received assay results from a property-scale rock geochemistry program on
the Pancho Arias Cu-Mo-Au porphyry prospect in Salta province, north western
Argentina. Salta geologists collected 294 rock samples from outcrop over an area
approx. 1,600 metres east west by 2,200 metres north south. The program was
operated by Salta and designed and supervised by Raul Chocobar, Vice-President
of Exploration and a director of Salta. 


In late 2010, the sample area was subject to a ground based IP/Res/Mag
geophysical program that consisted of 219 km of magnetic readings and eleven
lines of IP data at 400-metre line spacing totaling 53 line kms. 


The magnetic data identified a large weak oval-shaped magnetic-high measuring
approximately 1,500 metres by 3,000 metres that correlates closely with a strong
chargeability anomaly. Within the large weak magnetic-high, there are several
smaller stronger magnetic-highs. Other magnetic-highs occur to the south, west,
and north, outside of the strong IP anomaly.


The IP data outline strong chargeability anomalies in the central portion of the
grid with chargeabilities from 40 mV/V to as high as 100 mV/V. The strong
chargeability anomalies are coincident with strongly conductive zones over a
zone measuring approximately 1,400 metres by 2,500 metres.


Weaker chargeability anomalies (12 to 20 mV/V) associated with
high-resistivities are observed in the western portion of the grid. The weak
chargeability anomalies in the west, together with the strong chargeability
anomalies, form a circular zone approximately 3,000 metres in diameter at an
elevation of 300 metres below the survey lines. The high-chargeability anomaly
is open at 500 metres below the survey lines. 


The Pancho Arias rock geochemistry assays appear to conform to and identify
mineral zoning characteristic of porphyry Cu-Mo-Au deposits. The molybdenum
(moly) assays are distributed throughout the area but the high-grade samples are
concentrated in the north east part of the deposit in an area approximately 800
metres east west by 1,000 metres north south, which may be the potassic zone. Of
the 294 rock samples, 72 moly samples are greater than 100 ppm and 10 are
greater than 500 ppm moly (up to 1,900 ppm Mo), all of which are in this north
east zone.


The majority of the copper assays (163 of 294) are greater than 100 ppm and up
to greater than 10,000 ppm (greater than 1%), are located in a circular zone
that wraps around the high-grade moly zone to the west and south.


Gold values, greater than 10 ppb gold, are present in 108 of the 294 samples and
occur throughout the sample area but the higher-grades flank the copper zone and
proximal to it especially on the western and southern area of the property. Nine
samples are greater than 1,000 ppb gold (one gram gold per tonne) with the
highest assay at 4,190 ppb gold. 


The mineralized pattern of the surface geochemistry coincides with and supports
the underlying geophysical pattern of high-chargeability and high-resistivity.
The data generally confirm the presence of a multi-phase mineralized intrusion.
The data are critically important to locating and determining the depth and the
highest priority drill targets. 


Salta intends to start 3,000 metre core drilling program at Pancho Arias in
early 2012. 


Pancho Arias is the most northern of three identified Cu-Mo-Au porphyry systems
in the Pancho Arias Mineral District. The three porphyries are controlled by a
south west trending linear structure and are believed to have a common magmatic
origin. Las Burras is 8 kms southwest of Pancho and Incahuasi is 3 kms southwest
of Las Burras. 


Pancho has 10 historic drill holes (1973-5) that outlined a deposit with values
of moly and copper in shallow core holes. The core was not assayed for gold.
Salta intends to re-drill at some of the historic locations and drill new
locations. The program is planned to identify an inferred copper, moly, gold
resource.


In mid-2012, Salta intends to conduct the first drill program on Incahuasi. In
2010, Salta completed an IP/Res/Mag geophysical survey that identified a large
zone of chargeability that is 1,600 metres north south and greater than 4,000
metres east west, which is open in both directions and to at least 500 metres
below the survey lines. In late 2011, Salta completed an MMI geochemical survey
in the area of the IP survey. Samples were collected by Salta personnel and
assayed at SGS Peru. A full report is near completion. 


In 2011, Salta drilled six core holes at Las Burras, four in section across the
northern part of the porphyry and two drill holes on related quartz tourmaline
sulphide veins distal to the porphyry. Three of the four drill holes in the
porphyry is mineralized from surface to 300 metres (EOH) with variable
copper-moly-gold values. The fourth hole was lost at 175 metres in
mineralization. The Las Burras discovery hole is LB11-03, which assayed 0.42%
copper, 0.02% moly and 0.10 g/t gold from surface to 120 metres, with similar
moly and gold values to 300 metres but with a lower copper grade. The property
requires additional core drilling. An eighteen (18) core hole program totaling
5,400 metres is planned for September 2012. The program is planned to identify
an inferred copper, moly, gold resource. 


The Company is excited by the opportunity that the Pancho Arias District
porphyries provide. Each system has a large-scale geophysical footprint. Each
has coincident geochemical and geophysical signatures. Pancho Arias has
copper-moly in drill holes and Las Burras has copper-moly-gold in drill holes.
The showings are closely spaced and each has potential to host a mid-to-large
porphyry system. 


The proximity of the showings and the combined potential tonnage could be of
interest to most global mining companies in the copper, moly, gold space. The
Pancho Arias District has exceptional infrastructure with fresh surface water, a
railway to the Pacific Ocean Port of Antofagasta, a high-tension power line and
a natural gas pipe line, all within a few kilometres of the porphyries. 


ABOUT CASCADERO COPPER

Cascadero Copper is an integrated prospecting and mineral exploration business
with offices in North Vancouver, BC, Canada, Sudbury, Ontario, Canada and Salta
City in the province of Salta, Republic of Argentina. The Company generates,
acquires and explores mineral properties and it active in the three
jurisdictions. 


In north central British Columbia, the Company has a 100% interest in a 31,000
hectare property in the Toodoggone region, which is prospective for copper gold
porphyry systems. This property is subject to a C$20 million Joint Venture with
Gold Fields. 


In Ontario, the Company holds or has the right to acquire a 100% in 17
properties in the Sudbury, Swayze and Timmins camps, which are volcanic and
sediment hosted copper gold prospects. 


In north western Argentina, the Company holds a 50% interest in a 46 property
portfolio, which consists mainly of bulk mineable copper-moly-gold porphyries
and bulk mineable sediment hosted silver-gold plus base and rare metals. 


In 2009, the Company discovered Taron, a large bulk mineable sediment hosted
epithermal rare metal deposit in Argentina. In 2011, Cascadero discovered Las
Burras, a new Argentine Cu-Mo-Au porphyry. 


Cascadero's commodity focus is gold, silver, moly, copper and base and rare
metal hosted in large-scale bulk mineable mineral systems.


In 2012 to 2013, Cascadero intends to advance by drilling three Argentine
Cu-Mo-Au porphyry systems and continue development work in the El Oculto
District, which hosts high-grade bulk mineable silver-rich systems. Exploration
is also planned for Taron, an exciting large-scale sediment hosted rare metal
discovery.

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