Cassiar Gold updates mineral resource estimate at Northern BC project

The mineral resource estimate at TSXV-listed Cassiar Gold’s flagship gold property in Northern British Columbia (BC) has been updated following results from 16,000 metres of drilling and other exploration work completed over 2020-21.

The Taurus deposit, located in the Northern area of the Cassiar Property, now holds a mineral resource estimate of 37.9 million tonnes grading 1.14 g/t gold for 1.39 million ounces of gold, in a pit constrained model using a 0.50 g/t gold cut off.

“I am grateful for the tremendous efforts made by our technical team and report authors to complete this new pit constrained NI43-101-compliant technical report at the Taurus deposit in record time,” said Cassiar president and CEO Marco Roque.

“The results from our new MRE outlines an incredibly robust near-surface, open-pittable asset with tremendous infrastructure access,” he continued.

The mineralisation at Taurus remains open in all directions outside and below the pit shell. Untested areas are also present between resource blocks within the pit shell due to widely spaced drilling. As such, the company believes there is ‘significant’ resource growth potential through further infill and step-out drilling.

Cassiar will soon commence a 20,000 metres drill programme across the property, including 10,000 metres at the Taurus Deposit with a focus on expansionary step-out drilling to further grow the resource.