Cassiar Gold Discovers New Gold Occurrence, Expands Surface Mineralization, and Identifies Multiple Gold-In-Soil Anomalies at Cassiar North

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Algemeen advies 03/03/2024 06:52
Calgary, Alberta--(Newsfile Corp. - March 1, 2024) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to report the results of surface exploration conducted across extensive parts of the northern Cassiar Gold Property in northern British Columbia during the 2023 exploration program (Figure1).

The Cassiar Gold Property hosts several regional prospects with potential to host Taurus-style mineralization in outlying areas to the Taurus bulk-tonnage Inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne (g/t) gold (Au) [1]. The surface program was designed to provide a geological, geochemical and geophysical base for exploration beyond established drill targets, and enhanced geological context to support expansion of known deposits and targets. Results from this field program, conducted concurrent to the Company's 2023 diamond drill program, highlight several priority exploration targets, while newly acquired 3D DC-resistivity and induced polarization (DCIP) survey data covering 12km2 has identified multiple anomalies that will contribute to 2024 program planning.

Highlights:

Field crews have identified new mineralization trends at Cassiar North regional prospects through a combination of geological mapping, surface rock sampling (Figure 2) as well as soil sampling (Figure 3).

Surface rock samples results:
discovered the new Auroch mineralized showing, including a 9.82 g/t Au grab sample with visible gold and 20.30 g/t Au in float,
expanded significant surface mineralization at multiple regional prospects, including. .... go for more to
https://www.newsfilecorp.com/release/200030/



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