What is the story about?
What's Happening?
Cassiar Gold Corp has expanded its 2025 drilling program at its site in northern British Columbia to 7,000 meters across approximately 20 holes. An independent NI43-101 report outlines an indicated mineral resource estimate of 8.8 million tonnes at 1.43 grams per tonne of gold for 410,000 ounces. The report also includes an inferred resource of 63.2 million tonnes at 0.95 g/t for 1.93 million ounces. The drilling season runs from May through October, with significant progress already made.
Why It's Important?
The expansion of Cassiar Gold's drilling program and the release of a robust technical report underscore the company's commitment to advancing its exploration efforts. The near-surface, pit-constrained asset offers great access and potential for significant gold discoveries. This development could enhance Cassiar Gold's resource base and attract investor interest, positioning the company for future growth in the competitive gold mining sector.
What's Next?
Cassiar Gold plans to complete its 7,000-meter drill program, including drilling at the Taurus Deposit and Newcoast, by the end of the current drilling season. The company will also participate in the Precious Metals Summit in Beaver Creek, Colorado, to showcase its progress and attract potential investors. Continued exploration and resource expansion efforts are expected to drive the company's growth and market presence.
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