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Cassiar Gold makes good progress with BC's premier gold project - PDAC 2024

March 18, 2024 at 13:00 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

--News Direct--

Cassiar Gold Corp (TSX-V:GLDC, OTCQX:CGLCF), a leading Canadian gold explorer, focuses on its flagship project in Northern British Columbia, spanning 59,000 hectares.

Speaking to Proactive's Angela Harmantas at PDAC 2024, CEO Marco Roque said the company has made significant strides in exploration, with a resource update in early 2022 revealing an inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne. The company has drilled nearly 40,000 meters, identifying mineralization in 115 of 117 drill holes, signaling vast expansion and discovery potential despite challenging market conditions.

Recent soil surveys and drilling campaigns have uncovered multiple new gold anomalies and expanded the project's known mineralization areas, pointing to an even larger gold system than previously thought.

With $5 million in funding and strategic exploration plans, Cassiar Gold aims to continue its momentum, targeting updated mineral resource estimates and further exploration success.