Announcement Date: 2023-09-12
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Cassiar Gold Corp.
Project name: Cassiar
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 23.6m at 4.19g/t Au from 311.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Calgary, Alberta–(Newsfile Corp. – September 12, 2023) – Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the “Company”) is pleased to announce assay results from eight initial diamond drill holes of the 2023 exploration program. The results reported are from the ongoing drill program at the Taurus Deposit located in the Cassiar North area of the Company’s flagship Cassiar Gold Property in northern British Columbia. The Taurus Deposit hosts a substantial near-surface, bulk-tonnage Inferred gold resource of 1.4 million ounces grading 1.14 g/t Au 1 which remains open in most directions and is a priority for further expansion and definition by the current exploration campaign. These first results from the western and Sable areas of the Taurus Deposit (Figure 1) confirm the potential to continue to expand mineralization beyond as well as internal to the current resource footprint.
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