Announcement Date: 2021-11-15
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Cassiar Gold Corp.
Project name: Cassiar
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 45.5m @ 2.4g/t Au from 172.92m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: CALGARY, ALBERTA – (November 15, 2021) – Cassiar Gold Corp. (TSX-V: GLDC, OTCQX: CGLCF) (the “Company”) is pleased to release assay results from four of 15 diamond holes drilled at the Taurus Deposit, located in the Cassiar North project area of the Company’s flagship Cassiar Gold Property in northern British Columbia, Canada. The Taurus Deposit hosts a near-surface, bulk-tonnage inferred gold resource of one million ounces grading 1.43 g/t Au1 . Results from the first four holes successfully confirm the presence of continuous zones of higher-grade, shallow (The 2021 Cassiar North Drill Program focused on the Taurus Deposit area and consisted of 15 drillholes totaling 4,098 m which were completed from early June to mid-August (Figure 1). The program targeted the 88 Hill, Gap, Southwest and Northwest zones of the resource and was aimed at upgrading existing resources by better defining higher-grade mineralized areas where historical drillholes are widely spaced (~100 m apart). The resource remains open in all directions and successful target areas are being reviewed for further advancement in upcoming drill programs.
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