공시 • Jan 24
Cassiar Gold Corp. Announces Results from the Final 5,243 Meters over Eleven Diamond Drill Holes of the 2025 Exploration Program At the Cassiar Gold Project, Located in Northern British Columbia
Cassiar Gold Corp. announced results from the final 5,243 meters (m) over eleven diamond drill holes of the 2025 exploration program at the Cassiar Gold project, located in northern British Columbia. The 2025 drill program comprised 7,308 m over 20 drill holes and concluded in early October, for which nine drill holes were previously reported. Results reported here identified a new higher grade, visible gold-bearing structure, and significantly extended known mineralization at the Newcoast prospect. These drill holes demonstrate potential for ongoing expansion of mineralization along key structural trends and identification of new mineralized areas with visible gold-bearing veins within extensive untested areas at the Cassiar Gold property. Highlights: Drill holes reported here are from the Newcoast Prospect, which is located 2 kilometers (km) southeast of the Taurus deposit. All drill holes at Newcoast encountered broad intercepts of mineralization above 0.4 grams per tonnes (g/t) gold (Au) in 2025 and successfully expanded an extensive, sparsely tested mineralized zone initially encountered during the 2023 drill program. A higher-grade intercept with visible gold was encountered in a newly identified mineralized structure while targeting discrete, previously untested chargeability anomalies along the Newcoast target corridor. Drilling intercepts represent apparent widths of mineralized zones. Drill hole 25NC-017 identified an area of new quartz veining with visible gold, returning: 15.7 m of 3.80 g/t Au from 249.1 m downhole, including: ?? 176.50 g/t Au over 0.3 m. Drill hole 25NC-019: 22.5 m of 3.52 g/t Au from 420.9 m downhole, including: = = 0.6 m, with. = = 0.68 g/t Au over 1.2 m; Drill hole 25NC-010: 89.2 m of 0.71 g/t Au from 217.3 m downhole, including. = 43.5 m of 1.12 g/t Au with 0.4 m of 5.59 g/t Au; Drill hole 25NC-013: 167.5 m of 0.42 g/t Au from 499.4 m downhole. Cassiar North project area - Newcoast prospect. The Newcoast prospect is located roughly 2 kilometers southeast of the Taurus Deposit near the Stewart-Cassiar Highway. Newcoast is host to numerous gold-bearing quartz veins and mineralized showings over 4 km in east-west lateral extent which has previously been subject to limited field work and sparse, widely spaced drilling, including nine holes completed during recent drill programs. The drilling results reported in this news release are from eleven drill holes totaling 5,243 m which tested the ongoing expansion potential and continuity of an extensive network of alteration, quartz veining and sulphide mineralization identified and extended in previous programs, as well as evaluated new prospective chargeability anomalies recently identified in 2024 induced polarization survey results. Newcoast East: drill holes 25NC-017, -018, -016. Drill holes 25NC-017 and 25NC-018 (north-oriented), aimed to evaluate a previously untested area coincident with a series of discrete, parallel, linear chargeability highs along strike to the east of mineralized veining encountered in outcrop during the 2024 season, which yielded grab samples up to 25.60 g/t Au. Drill hole 25NC-018, -018, -016; Drill hole 25NC-017, -016; Drill holes 25NC-018 and 25NC-018 (north-oriented), aimed to evaluating a previously untested area coinc coincident with a series of continuous, parallel, linear chargeability high along strike to the east of Mineralized veining encountered in outcro during the 2024 season, which yield grab samples up to 25. 60 g/t Au. Drill holes 25NC-018, -016; Drill holes25NC-017 and 25NC -018 (north-oriented), aims to evaluate a previously untested areas coincident with a series of integrated with a series of discrete, and a series of discrete, parallel. All drill holes at NewCoast Prospect, parallel, parallel, parallel, which resulted in a series of the Taurus deposit.