Tue Jan 31, 2012
Cassidy Gold Corp. Announces Board Appointment
 Cassidy Gold Corp. ("Cassidy") is pleased to announce the appointment of Sir Nicholas Bonsor as a director and the Chairman of the board of Cassidy, on the resignation of Jean-Jacques Lefebvre as a director of Cassidy.

Sir Nicholas was a member of British Parliament from 1979 to 1997 where he specialised in foreign affairs and defence, and was chairman of the Defence Select Committee from 1992 to 1995 and Minister of State at the Foreign Office from 1995 to 1997. Sir Nicholas is currently the Non-Executive Chairman of TomCo Energy plc, Non-Executive Chairman of Metallon plc, Non-Executive Deputy Chairman of London Mining plc and has been Chairman of Egerton International Ltd since 2004. Sir Nicholas has served on the board of several other companies, including Blue Note Mining Inc. (Canada) from 2006 to 2008. He is a Deputy Lieutenant of Buckinghamshire, a freeman of the City of London (1988), a member of the Chartered Institute of Arbitrators and a fellow of the Royal Society of Arts. Sir Nicholas practised as a barrister specialising in regulatory and commercial law from 1967 to 1975 and from 2003 to 2010.

The Board of Directors sincerely thanks Mr. Lefebvre for his past services as a director of Cassidy.

Cassidy also announces that it has granted to Sir Nicholas incentive stock options to purchase 400,000 common shares at a per share price of $0.215 until January 30, 2017.

For additional information, please contact:

Paul Rankine, President and Chief Executive Officer
Marion Bush, Chief Operating Officer
Telephone: (250) 372-8222

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Cassidy Gold Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Cassidy Gold Corp.'s management on the date the statements are made. Except as required by law, Cassidy Gold Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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