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Cassiar Gold Corp. reports exploration and project-development updates for its 100% owned Cassiar Gold Property in northern British Columbia. Recurring company news covers diamond drilling, surface exploration, mineralized trends, and deposit work at the Taurus deposit and regional targets such as Newcoast within the Cassiar North project area.
Company updates also include National Instrument 43-101 technical reporting, mineral resource estimates, preliminary economic assessment work, engineering studies, and investor-event participation. The news flow centers on gold exploration results, resource definition, geological interpretation, and the steps used to advance the Cassiar Gold project from exploration toward potential development planning.
Cassiar Gold (CGLCF) reports progress on its 2026 exploration campaign at the 100%-owned Cassiar Gold Property and confirms its Multi-Year Area-Based Mines Act exploration permit has been extended to March 31, 2031. The drill program plans 10,000 metres of diamond drilling, of which 7,400 metres across 31 holes at Cassiar North have been completed to date, focused mainly on the Taurus deposit and the nearby Newcoast regional prospect. Taurus hosts an Indicated Mineral Resource of 8.8 Mt at 1.43 g/t Au for 410 koz and an Inferred Mineral Resource of 63.2 Mt at 0.95 g/t Au for 1.93 Moz, with 91% of ounces within 150 m of surface.
The amended permit authorizes up to 200 drill sites, 22.43 km of new exploration trails, 50 helipads and 395 line km of induced-polarization surveys, and allows work beyond the summer season. A Preliminary Economic Assessment led by Ausenco is underway and is targeting delivery in H2 2026. Cassiar Gold has also granted 500,000 restricted share units to consultants, vesting over 12 and 24 months.
Cassiar Gold (OTCQX:CGLCF) has opened its exploration camp and launched a fully funded 2026 field season, starting Phase 1 of a 10,000-metre diamond drill program at the Taurus Deposit on its Cassiar North project.
The company is also prioritizing high-grade targets at Cassiar South and systematically advancing regional prospects Newcoast, Hopeful, and Snow Creek.
Cassiar Gold (OTCQX: CGLCF) engaged Ausenco to deliver a Preliminary Economic Assessment (PEA) for the 100% owned Taurus deposit, targeting completion in Q3 2026. The PEA will use an updated resource: Indicated 8.8 Mt @ 1.43 g/t (410,000 oz) and Inferred 63.2 Mt @ 0.95 g/t (1.93 Moz).
Metallurgical results are expected in Q2 2026. The company is assessing its on-site permitted mill for refurbishment. On April 2, 2026 the company granted 1,350,000 RSUs and 2,295,000 options under a new omnibus share compensation plan. Cassiar elected to move to semi-annual reporting.
Cassiar Gold (OTCQX: CGLCF) reported results from the final 5,243 m (11 holes) of its 2025 Cassiar Gold exploration program at the Newcoast prospect, 2 km southeast of the Taurus deposit. Drilling expanded a sparsely tested mineralized corridor and identified a new quartz-vein structure with visible gold. Key intercepts include 15.7 m @ 3.80 g/t Au (incl. 0.3 m @ 176.50 g/t), 22.5 m @ 3.52 g/t Au (incl. 1.2 m @ 51.68 g/t), and 167.5 m @ 0.42 g/t Au. The company will integrate results into 2026 targeting and begin metallurgical and tailings evaluations, while assessing unmined high-grade veins near the on-site permitted mill.
Cassiar Gold (OTCQX: CGLCF) reported results from nine 2025 Taurus deposit drill holes (2,066 m reported; 7,308 m total program) that expand near-surface mineralization and add high‑grade visible‑gold veins.
Key figures: Indicated resource of 8.8 million tonnes at 1.43 g/t Au (410,000 oz) and an additional Inferred resource stated as 0.95 g/t Au for 1.93 million oz. Notable intercepts include 13.53 g/t Au over 13.4 m (25TA-245) and nested high‑grade samples of 210.71 g/t Au over 0.8 m and 369.00 g/t Au over 0.4 m.
Cassiar Gold Corp. (TSXV: GLDC; OTCQX: CGLCF) will participate in Deutsche Goldmesse Fall 2025 on November 14–15, 2025 at the JW Marriott Hotel Frankfurt.
Company management will hold investor meetings and present to a European investor audience. An online investor registration form is available at the event site and the Deutsche Goldmesse website lists attending companies, keynote speakers, and the schedule.
Cassiar Gold (OTCQX:CGLCF) has announced significant updates for its Cassiar Gold Property in British Columbia, including a new NI43-101 technical report and 2025 exploration progress. The updated mineral resource estimate shows Indicated Resources of 410,000 ounces (8.8 Mt at 1.43 g/t Au) and Inferred Resources of 1.93 million ounces (63.2 Mt at 0.95 g/t Au) at a 0.4 g/t Au cutoff.
The company's 2025 drill campaign has been expanded from 5,000m to 7,000m, with 5,211m already completed across the Cassiar North project area. Notable progress includes 2,080m at the Taurus Deposit and 3,131m at the Newcoast target, where the company's deepest hole (720m) showed encouraging hydrothermal alteration signs.
Cassiar Gold Corp. (CGLCF) has reported promising results from its 2024 surface exploration at the Cassiar North project in British Columbia. The campaign revealed new gold mineralization with samples reaching up to 25.60 g/t gold and identified several priority exploration targets.
Key findings include:
- Extension of the Newcoast prospect to a 4km strike-length and 700m width
- Discovery at Auroch showing with samples returning 7.92 g/t and 4.68 g/t gold
- Expansion of the Hopeful prospect's mineralization footprint
- Multiple gold-in-soil anomalies identified across the property
The exploration program involved detailed geological mapping across 11 km² area, collecting over 1,500 outcrop data points and 161 rock samples. Of these, 34 samples exceeded 0.50 g/t gold and 20 samples surpassed 1.00 g/t gold. The company also completed a soil sampling program with 569 samples over two grids covering 2.5 km².
Cassiar Gold Corp (TSXV: GLDC) (OTCQX: CGLCF) has announced final results from three diamond drill holes at the Newcoast Prospect of its Cassiar Gold project in northern British Columbia. The 2024 exploration program included 7,168 metres of drilling across 30 holes.
Key highlights from the Newcoast Prospect, located 2.5 km southeast of the Taurus deposit, include:
- Drill hole 24NC-008: 141.4m of 0.89 g/t gold, including 4.6m of 6.52 g/t Au
- Drill hole 24NC-007: Multiple intercepts including 57.6m of 0.50 g/t Au and 64.3m of 0.51 g/t Au
- Drill hole 24NC-009: 27.0m of 0.77 g/t Au and 64.1m of 0.53 g/t Au
These results extend mineralization at Newcoast and confirm potential for additional Taurus-style mineralization in untested areas. The Taurus deposit currently holds an Inferred resource of 1.4 million ounces grading 1.14 g/t gold.