Mr. James Gillis reports

CASSIDY GOLD CORP. PROVIDES COMMISSIONING UPDATE

In line with previous guidance, Cassidy Gold Corp. successfully exported its first trial shipment of gold dore in the second quarter of 2015. Commissioning is continuing, and, as such, the company has decided to delay shipment of phase 3 (a 35-tonne-per-hour milling circuit) until 2016.

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 prepared by SRK Consultants on Feb. 28, 2012 (which can be accessed under Cassidy's issuer profile at SEDAR). While the PEA preliminary economic assessment 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.

Christopher J. Wild, PEng, a company director, is the qualified person (as that term is defined in NI 43-101, Standards of Disclosure for Mineral Projects) who has reviewed this news release and is responsible for the technical information reported herein.

Cassidy construction background

In August, 2014, the company announced plans to use proceeds from a $12-million (U.S.) convertible debenture plus a minimum $5.5-million (U.S.) private placement that was under way, to finance the capital expenditure requirements for the development of the Kouroussa gold project to commencement of gold production.

We seek Safe Harbor.