Welcome to our dedicated page for Cassiar Gold news (Ticker: CGLCF), a resource for investors and traders seeking the latest updates and insights on Cassiar Gold stock.
Cassiar Gold Corp (CGLCF) maintains an active exploration program across its British Columbia gold properties, with this page serving as the definitive source for corporate updates and technical developments. Investors and industry observers will find systematically organized press releases detailing drilling results, resource estimates, and operational milestones.
Our news collection provides transparent access to Cassiar Gold's exploration progress, including updates from its flagship Taurus deposit and Newcoast prospect. Key coverage areas include drilling campaign results, geological survey interpretations, and strategic partnership announcements. All content undergoes strict verification to ensure alignment with NI 43-101 standards and corporate disclosure policies.
Regular updates reflect Cassiar Gold's commitment to advancing near-surface gold targets through methodical exploration. Users can expect detailed reporting on diamond drill programs, geochemical analysis, and resource expansion initiatives, supported by the company's rigorous QA/QC protocols. This repository eliminates the need to track multiple sources for Cassiar Gold developments.
Bookmark this page for direct access to verified updates from Cassiar Gold's technical team. Combine these primary sources with our analysis tools on Stock Titan for comprehensive due diligence on Canadian gold exploration opportunities.
Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) has announced an update to its private placement offering. The company will be offering charitable flow-through units (CFT Units) at C$0.37 and flow-through units (Units) at C$0.35, aiming to raise aggregate gross proceeds of C$1 million. Each unit includes one common share and one warrant, exercisable at C$0.50 for 24 months.
The funds will be used for Canadian exploration expenses and flow-through critical mineral mining expenditures at the Cassiar Gold Project in northern British Columbia. The company will renounce all Qualifying Expenditures to subscribers by December 31, 2024. British Columbia residents may be eligible for a 20% BC mining flow-through share tax credit. The offering is expected to close by September 30, 2024, subject to regulatory approvals.
Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) has expanded its 2024 drill program at the Cassiar Gold Project in northern British Columbia. Key highlights include:
- 6,520 m of drilling completed to date, surpassing the initial 5,000 m Phase 1 scope
- 5,275 m completed at the Taurus Deposit, with drilling ongoing
- 1,245 m completed at the Newcoast target
- Induced polarization (IP) survey completed in August
- Drone-supported magnetic and VLF surveys scheduled for fall
- Ongoing field mapping and sampling at outlying target areas
The Taurus Deposit hosts a 1.4 million ounce inferred gold resource. The expanded program aims to define mineralization continuity and outline extensions. Geophysical surveys and geological mapping will support future exploration targeting.
Cassiar Gold Corp. has initiated its 2024 Exploration Program at its Cassiar Gold property in northern British Columbia. The program, which started on June 4th, 2024, focuses on the Cassiar North project area and includes an initial 5,000 meters of drilling, potentially expandable. Drilling will target the Taurus Deposit and other key exploration sites. The Taurus Deposit holds an inferred gold resource of 1.4 million ounces at 1.14 g/t Au and has considerable expansion potential. Additionally, the company will conduct surface exploration and geophysical surveys throughout the field season to enhance data coverage. The program aims to refine field targets and expand geological understanding, leveraging recent successful results.
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