Altius Minerals Corporation press release

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

2024-03-18

TSX - Toronto Stock Exchange · Copper · Gold · Silver · Potash · Boron · Lithium · Magnesium · Sodium · Bromine · Chlorine · Iodine · Phosphate · Sulfur · Nickel · Cobalt · Iron · Coal · Canada · Project Development

(NewsDirect)

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.

Contact Details

Proactive North America

Proactive North America

+1 604-688-8158

NA-editorial@proactiveinvestors.com

Copyright (c) 2024 TheNewswire - All rights reserved.