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Cassiar Gold Corp (CGLCF) is a Canadian gold exploration company focused on its flagship Cassiar Gold Property in British Columbia, Canada. The property encompasses two main project areas, including Cassiar North, which hosts a substantial NI 43-101-compliant inferred resource estimate of 1.4Moz at 1.14 g/t Au at the Taurus Deposit. Recent drilling programs have expanded mineralization at the Taurus Deposit and identified new regional targets for potential gold mineralization. The company's exploration efforts include geological mapping, surface rock sampling, and soil sampling to refine exploration targets and support expansion plans. Cassiar Gold Corp aims to continue its growth in the historic Cassiar Gold District through integrated exploration methods and ongoing program planning.
Cassiar Gold Corp. has announced results from nine diamond drill holes of its 2024 exploration program at the Cassiar Gold project in northern British Columbia. Key highlights include significant gold intercepts, notably 156.1 metres of 0.53 g/t gold from surface in drill hole 24TA-230 and 86.6 metres of 0.62 g/t gold in hole 24TA-222.
The 2024 drill program comprised 7,168 metres over 30 drill holes, with results pending for 10 holes. The drilling successfully extended near-surface mineralization at the western and central areas of the Taurus deposit and confirmed continuous south-plunging higher-grade mineralization along the Taurus West Fault. The Taurus Deposit currently hosts an Inferred gold resource of 1.4 million ounces grading 1.14 g/t Au.
Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) has announced results from six initial diamond drill holes of its 2024 exploration program at the Cassiar Gold project in northern British Columbia. The results expand near-surface mineralization at the western extent of the Taurus deposit and demonstrate a continuous trend of south-plunging higher-grade mineralization along the Taurus West Fault.
Key highlights include:
- 18.1 m of 2.28 g/t Au and 40.8 m of 1.68 g/t Au in drill hole 24TA-212
- 31.9 m of 1.82 g/t Au in drill hole 24TA-213
- 67.7 m of 0.54 g/t Au and 58.5 m of 1.10 g/t Au in drill hole 24TA-214
The 2024 drill program comprised 7,168 m over 30 drill holes, with results pending for 21 drill holes. The drilling results strengthen the company's model and enhance the potential to expand the resource base at the Cassiar Gold project.
Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) has announced an update to its private placement offering. The company will be offering charitable flow-through units (CFT Units) at C$0.37 and flow-through units (Units) at C$0.35, aiming to raise aggregate gross proceeds of C$1 million. Each unit includes one common share and one warrant, exercisable at C$0.50 for 24 months.
The funds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures at the Cassiar Gold Project in northern British Columbia. The company will renounce all Qualifying Expenditures to subscribers by December 31, 2024. British Columbia residents may be eligible for a 20% BC mining flow-through share tax credit. The offering is expected to close by September 30, 2024, subject to regulatory approvals.
Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) has expanded its 2024 drill program at the Cassiar Gold Project in northern British Columbia. Key highlights include:
- 6,520 m of drilling completed to date, surpassing the initial 5,000 m Phase 1 scope
- 5,275 m completed at the Taurus Deposit, with drilling ongoing
- 1,245 m completed at the Newcoast target
- Induced polarization (IP) survey completed in August
- Drone-supported magnetic and VLF surveys scheduled for fall
- Ongoing field mapping and sampling at outlying target areas
The Taurus Deposit hosts a 1.4 million ounce inferred gold resource. The expanded program aims to define mineralization continuity and outline extensions. Geophysical surveys and geological mapping will support future exploration targeting.
Cassiar Gold Corp. has initiated its 2024 Exploration Program at its Cassiar Gold property in northern British Columbia. The program, which started on June 4th, 2024, focuses on the Cassiar North project area and includes an initial 5,000 meters of drilling, potentially expandable. Drilling will target the Taurus Deposit and other key exploration sites. The Taurus Deposit holds an inferred gold resource of 1.4 million ounces at 1.14 g/t Au and has considerable expansion potential. Additionally, the company will conduct surface exploration and geophysical surveys throughout the field season to enhance data coverage. The program aims to refine field targets and expand geological understanding, leveraging recent successful results.
CEO.CA Technologies shares exclusive updates with CEOs of junior mining explorers, discussing 2024 exploration plans. The company, a subsidiary of EarthLabs, Inc., is a popular financial website and app in Canada, known for its industry-leading audience engagement.
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