Cassiar Gold – Final Drill Assays Returned From The 2024 Exploration Program Expanding The Taurus Deposit And Newcoast Target At Cassiar North
Marco Roque, President and CEO of Cassiar Gold (TSX.V:GLDC – OTCQX:CGLCF), joins us to review the release of the final drill assays from the 2024 exploration program expanding the Taurus Deposit at the Cassiar Gold project, located in northern British Columbia. We also discuss a number of the other regional targets like Taurus East, Wings Canyon, and Lucky, that the company has tested in the past or will be testing in the future; along with the encouraging drill results returned last year at the Newcoast target.
The 2024 drill program comprised 7,168 metres (m) of diamond drilling over 30 drill holes, geophysical surveys, mapping, and soil sampling at the Cassiar Gold Property.
Recent highlights from the last batch of drilling at Taurus released on January 16 included:
- 8 m of 0.53 grams per tonne (g/t) Gold (Au) from surface in drill hole 24TA-229
- 7 m of 6.84 g/t Au (1.89 g/t Au capped), including 0.4 m of 315.00 g/t Au, in drill hole 24TA-232
- Multiple intercepts returned in drill hole 24TA-234 include 16.5 m of 3.02 g/t Au from surface, including 0.5 m of 7.97 g/t Au and 5.0 m of 5.00 g/t Au, 22.3 m of 0.62 g/t Au, and 10.3 m of 0.73 g/t Au, including 0.5 m of 6.56 g/t Au
- Drill hole 24TA-236 returned 15.5 m of 0.71 g/t Au from surface, and 21.9 m of 3.18 g/t Au (1.54 g/t capped), including 0.3 m of 184.50 g/t Au
Highlight results released on January 22nd, for the three drill holes at the Newcoast prospect:
- Drill hole 24NC-008 returned 141.4 m of 0.89 grams per tonne (g/t) gold (Au), including 4.6 m of 6.52 g/t Au, 0.7 m of 12.55 g/t Au, and 0.5 m of 9.84 g/t Au
- Multiple intercepts returned in drill hole 24NC-007 included 57.6 m of 0.50 g/t Au, along with 64.3 m of 0.51 g/t Au, including 0.6 m of 4.05 g/t Au and 0.4 m of 16.10 g/t Au
- Drill hole 24NC-009 returned 27.0 m of 0.77 g/t Au, including 0.4 m of 16.80 g/t Au, and 64.1 m of 0.53 g/t Au
Around 47,000 m has been drilled since the prior resource estimate from 2022, and the data from these last 2 years drill programs will be compiled and incorporated into an updated Resource Estimate later this year. The company also has results from last year’s geophysical surveys, mapping, and soil sampling at the Cassiar Gold Property to release to the market in the near future.
If you have any questions for Marco on Cassiar Gold, then please email us at Fleck@kereport.com or Shad@kereport.com.
