Cassiar Gold – Exploration Update From Cassiar North At The Taurus Deposit
Marco Roque, President and CEO of Cassiar Gold (TSX.V:GLDC – OTCQX:CGLCF), joins us to provide a comprehensive exploration update from the ongoing 23,000 meter drill program at Cassiar North, Cassiar South, and regional targets at the Cassiar Gold Project, in BC.
We start off by having Marco outline some of the recent expansion and infill drill results released Jan 17th from the Taurus Deposit at Cassiar North. Taurus West drill hole 22TA-176 intersected 98.00 m of 1.28 g/t Au from 10.7 m downhole, including 4.10 m grading 12.02 g/t Au, and expanding mineralization within a large under-explored area between resource blocks within the 2022 inferred mineral resource open pit shell. These results continue to show wide intercepts of solid bulk-tonnage grade material, in alignment with prior drill results released on November 29th last year; where Drill hole 22TA-158 at Taurus West intersected 72.3m of 1.09 g/t Au from 337.0m downhole, extending mineralization 50m beyond the extent of the inferred mineral resource open pit shell.
Marco points out that while some of these drill holes are within the boundary of the proposed pit shell, that they are going into areas that had wider spacing between prior holes, that were not previously included in the resource estimate, so these are actually expanding mineralization in-pit beyond the known resource . With 17,000 meters of drilling and 50 holes to still release to the market over the next few months, from Cassiar North, Cassiar South, and regional targets, there will be a lot of exploration newsflow on tap from the Company.
Please email us with any follow up questions for Marco on Cassiar Gold. Our email addresses are Fleck@kereport.com and Shad@kereport.com.