Announcement Date: 2021-11-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Cassiar Gold Corp.
Project name: Cassiar
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 23.16m @ 3.56g/t Au from 16.91m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: CALGARY, ALBERTA — (November 22, 2021) – Cassiar Gold Corp. (TSX-V: GLDC, OTCQX: CGLCF) (the “Company”) is pleased to release assay results from an additional four diamond drill holes 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 . These new results confirm the occurrence of continuous zones of higher-grade, near-surface (The Cassiar North 2021 Drill Program focused on the Taurus Deposit and consisted of 15 drill holes totaling 4,098 m targeting the 88 Hill, Gap, West, Southwest and Northwest zones of the deposit (Figure 2). The drill program, which was completed from early June to mid-August, was designed to define higher-grade mineralized areas where historical drilling from the 1990s is widely spaced (~100 m apart) as well as to confirm historical grades and collect additional structural data for use in updated modeling work. The deposit remains open in most directions and successful target concepts are being reviewed for advancement in upcoming drill programs.
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