Cassiar Gold Corp (GLDC) News
TSXV: GLDC · Gold · Advanced Exploration stage
- Market cap$69.4M
- Share price$0.430
- 52-week range$0.240 – $0.730
- Shares outstanding161,502,645
- ExchangeTSXV
- Websitecassiargold.com
Cassiar Gold Corp. is a Canadian gold exploration company holding a 100% interest in its flagship Cassiar Gold Property located in British Columbia, Canada. The Cassiar Gold property spans 590 km 2 and consists of two main project areas: 1) Cassiar North, which hosts an updated Mineral Resource Estimate (MRE) for the Taurus deposit prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in NI 43-101. The pit-constrained MRE contains Indicated Mineral Resources of 8.8 million tonnes (Mt) at 1.43 grams per tonne gold (g/t Au) for 410,000 ounces of gold in addition to Inferred Mineral Resources of 63.2 Mt at 0.95 g/t Au for 1.93 million ounces (Moz) of gold using a 0.4 g/t Au cut-off grade; 91% of ounces occur within 150 m of surface (see NI 43-101 Technical Report titled 'National Instrument 43-101 Technical Report on the Cassiar Gold Property', prepared by Zelligan, P.Geo, and Jolette, P.Geo, and dated effective June 8, 2025); and 2) Cassiar South, which hosts numerous gold showings, historical workings, and exploration prospects. Historical underground mines in the Cassiar South area have yielded over 315,000 oz of Au at average head grades of between 10 and 20 g/t Au (NI 43-101 Technical Report titled 'National Instrument 43-101 Technical Report on the Cassiar Gold Property', prepared by Zelligan, P.Geo, and Jolette, P.Geo, and dated effective June 8, 2025), underscoring the high potential for further discovery and expansion of high-grade orogenic gold veins. The Company also holds a 100% interest in properties covering most of the Sheep Creek gold camp located near Salmo, British Columbia, Canada. The Sheep Creek gold district ranks as the third largest past- producing orogenic gold district in British Columbia from 1900 to 1951. Minimal exploration work has been conducted since the 1950s.
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News for Cassiar Gold Corp (TSXV: GLDC) on MineTerminal Pro.