Announcement Date: 2023-01-17
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Cassiar Gold Corp.
Project name: Cassiar
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 98m at 1.28g/t Au, from 10.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Calgary, Alberta–(Newsfile Corp. – January 17, 2023) – Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the “Company”) is pleased to announce assay results from an additional seven diamond drill holes from the 2022 exploration program completed at the Taurus Deposit, located in the Cassiar North area of the Company’s flagship Cassiar Gold Property in Northern British Columbia, Canada. The Company’s 2022 program included 70 drill holes and over 23,000 m of diamond drilling that began in June and ended inOctober 2022. The exploration objective focused on high-priority areas of the Taurus Deposit, important vein prospects at Cassiar South and other brownfields opportunities on the property. Cassiar Gold continues to concentrate its efforts on advancing exploration of the project through the expansion and definition of known areas of mineralization as well as the evaluation for the potential of new discoveries on its large land position which contains numerous gold prospects that have had limited historical testing. The results reported here further outline additional areas of mineralization that expand the deposit footprint beyond the limits of the 2022 Inferred resource estimate 1 and further define mineralization continuity in the west and northwest areas of the Taurus Deposit. The deposit remains open in all lateral directions as well as at depth.
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