High-Grade Gold Assays At Sarita Este

VANCOUVER, BC - Cascadero Copper Corporation's 50% owned Argentine subsidiary, has completed a follow up program of geochemical sampling on the 100% owned Sarita Este gold prospect.  The gold showing on the property was discovered by Salta in 2006 and confirmed by more sampling in 2008.  The recently completed program confirms that the gold showing is part of northwest trending structure and alteration zone. The gold values occur over an area about 800 metres north south by up to 500 metres east west.  The assay results from 35 new samples are reported in table one.

TABLE ONE assays confirm the presence of significantly higher-grade gold in subcrop and outcrop over a larger area than the 63 assays that were taken in 2006 to 2008.  Of the 2006 to 2008 samples, 10 were above 1.0 g/t gold with the highest at 36.5 g/t gold (1.2 oz/tn).  The current program included trenches that exposed more subcrop with mineralized areas of quartz veins, veinlets, and stockwork that have strong limonitic alteration. The mineralized array is hosted by a volcanic assemblage consisting of tuffs and sediments. The geological setting and the relationship of the gold showing to the Taca Bajo deposit is unclear. Pyrite occurs in some of the samples and elevated levels of copper are present.

The fire assay gold values are very high and ACME duplicated and repeated several samples. The ACME Labs ICP assays in parts per billion (ppb) are higher than the fire assays. The average weight of the 35 samples is 1.1 kgs.