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Cayden drills 35.5 meters of 1.62 g/t gold and 18 meters of 3.38 g/t gold in two separate mineralized structures at El Barqueño

January 9, 2014

VANCOUVER, Jan. 9, 2014 /PRNewswire/ – Cayden Resources Inc. (TSX.V:CYD) (“Cayden” or the “Company“) is pleased to announce results from the Company’s ongoing core
drilling program at the El Barqueño Gold Property in Jalisco State,
Mexico. Drilling highlights include 35.5 meters of 1.62 g/t Au, 214 g/t
Ag, and 0.66 % Cu in hole 15, 18 meters of 3.38 g/t Au in hole 21 and
10 meters of 4.4 g/t Au in hole 24. Hole 25, the furthest hole drilled
in the northeast part of the Zapoteca structure, hit three different
intercepts of stock work mineralization including 27 meters of 1.16 g/t
Au starting at surface.

The first 25 holes at the Azteca target area have tested approximately
1.2 km of the 2.2 km interpreted strike length to date. All the holes
drilled in the Azteca target with the exception of one hole have
penetrated the mineralized structures and have intersected significant
gold mineralization.

Table 1 – Drill results from the Azteca target area at El Barqueño
(BDD0001 = hole 1):

     ____________________________________________________________________
    |Hole_ID  |From|To  |Width|Au (g/t)|Ag (g/t)|Cu %                    |
    |_________|____|____|_____|________|________|________________________|
    |BDD0015* | 38 |73.5|35.5 |   1.62 |   214  |               0.66     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0016  | 25 | 30 |   5 |   0.48 |   3.4  |               0.08     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0016  |118 |123 |   5 |   0.49 |   4.9  |               0.23     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0017  | 26 | 31 |   5 |   3.09 |    12  |               0.23     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0018  |no significant intercepts - hole abandoned before hitting |
    |         |                       Azteca fault                       |
    |_________|__________________________________________________________|
    |BDD0019  |no significant intercepts - hole deviated into footwall of|
    |         |                       Azteca fault                       |
    |_________|__________________________________________________________|
    |BDD0020  | 79 |107 |  28 |   0.87 |   2.6  |               0.06     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0021  | 65 | 83 |  18 |   3.38 |   18.3 |               0.23     |
    |_________|____|____|_____|________|________|________________________|
    |Including| 75 | 78 |   3 |   12.9 |   59.7 |               0.36     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0022  | 69 | 92 |  23 |   1.44 |   5.6  |               0.09     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0023  | 75 | 90 |  15 |   1.43 |   20.4 |               0.54     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0023  |187 |197 |  10 |   0.48 |   43.8 |               1.36     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0024  | 30 | 40 |  10 |   4.4  |   9.8  |               0.04     |
    |_________|____|____|_____|________|________|________________________|
    |Including| 37 | 38 |   1 |    26  |   24.1 |               0.06     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0025  |  0 | 27 |  27 |   1.16 |   8.0  |               0.14     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0025  | 35 | 41 |   6 |   1.42 |   6.6  |               0.21     |
    |_________|____|____|_____|________|________|________________________|
    |BDD0025  | 71 | 93 |  22 |   1.07 |   7.2  |               0.36     |
    |_________|____|____|_____|________|________|________________________|

*Note: In Hole BDD0015 there was no recovery for the interval 48.53-51m
(2.47m). To represent the width potential of the zone, the interval was
included in the calculation, however values of 0 (zero) were used for
Au, Ag, and Cu.

Cayden has completed approximately 4500 meters of its 5000 meter program
with 3 holes currently pending assay. The Azteca results received to
date indicate that gold grades continue and copper mineralization
appears to increase at depth. The program has confirmed the existence
of multiple mineralized structures present at Azteca, including some
that were not previously identified by the recent surface trenching
programs.

President and CEO Ivan Bebek states: “We are very pleased with the
results to date from our ongoing drill program at our Azteca target and
are looking forward to receiving additional results in the coming
weeks. The results to date provide additional evidence of the growing
consistency and predictability in the discovery of higher grade gold
deposits that start at surface. The upcoming year will be exciting for
Cayden shareholders as the company continues to drill and explore it’s
El Barqueño Gold Property”.

Qualified Person – David Hladky, P. Geo. is the Qualified Person with respect to NI
43-101 at Barqueño. All core is drilled at HQ diameter and is sawed or
split into equal halves on site. All samples are assayed using standard
30 gram fire assay with atomic absorption finish by Acme Labs in
Vancouver, BC. QA/QC programs using internal standard samples, field
and lab duplicates, re-assays, and blanks indicate good accuracy and
precision in a large majority of standards assayed. As the mapped
mineralized corridors strike EW to ENE, the drill holes were designed
to have azimuths perpendicular or close to perpendicular to the strike.
As this is the first drill program by Cayden, the dips of the
mineralized structures are not entirely known. However, based on
mapping and previous drilling, all intercepts released herein are
believed to be 60-100% of true width. Intercepts are calculated
assuming a bulk-mining scenario, with a width cutoff of 5 meters and
grade cutoff of 0.5 g/t Au. No intercepts were reported that averaged
less than 0.5 g/t Au (rounded) and no intercepts have more than five
consecutive meters of less than 0.2 g/t (excepting the intercept in
BDD0015, where high Ag and Cu values occur throughout the single
intercept).

About Cayden Resources – Cayden is a junior mining company focused on delivering shareholder
value through the acquisition, exploration and development of precious
metal projects in Mexico. The management team at Cayden is highly
experienced with an impressive track record of success in the
discovery, development and financing of mineral projects. Cayden is
also strongly committed to the highest standards for environmental
management, social responsibility, health and safety for its employees
and neighboring communities. Cayden trades on the TSX Venture Exchange
under the symbol “CYD”. For more information on Cayden Resources,
please visit our website at www.caydenresources.com

Forward Looking and other Cautionary Information – Neither the TSX Venture Exchange nor any other regulatory authority
accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed
“forward-looking statements”. Forward-looking information is
information that includes implied future performance and/or forecast
information including information relating to, or associated with,
exploration and or development of mineral properties. These statements
or graphical information involve known and unknown risks, uncertainties
and other factors which may cause actual results, performance or
achievements of the Company to be materially different (either
positively or negatively) from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Investors should review the Company’s AIF which is available at www.sedar.com

SOURCE Cayden Resources Inc.


Source: PR Newswire



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