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Cassiar Gold Announces Additional Drilling Results at the Cassiar Gold Project, BC; Including 18.22 Metres of 5.43 g/t Gold and 83.42 Metres of 1.20 g/t Gold
Hong Kong, Hong Kong and Calgary, Alberta--(Newsfile Corp. - December 8, 2020) - Cassiar Gold ...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Announces Additional Drilling Results at the Cassiar Gold Project, BC; Including 18.22 Metres of 5.43 g/t Gold and 83.42 Metres of 1.20 g/t GoldHong Kong, Hong Kong and Calgary, Alberta--(Newsfile Corp. - December 8, 2020) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQB: CGLCF) (\"Cassiar\" or the \"Company\") is pleased to announce assay results for the remaining ten diamond drillholes from its recently-completed 2020 drill campaign on its 100%-owned Cassiar Gold Property in northern British Columbia, Canada. The primary goal of the program was to confirm and expand the 43-101 inferred near-surface resource of 1 million ounces at 1.43 g/t Au estimated at Taurus in 2019 (see Company news release, September 11, 2019). In total, 24 drillholes (4,718 m) were drilled at North Cassiar from August to October, 2020. Results from fourteen drillholes from the 2020 campaign have already been reported (see Company new releases, November 10, 2020 and December 1, 2020). Highlights and significant results for this release:Sable Zone infill and extension drilling:Drillhole 20TA-116: 5.43 g/t Au over 18.22 m including 22.40 g/t Au over 0.75 m and 2.77 g/t Au over 13.55 m at the southeast extent of the Taurus Deposit Drillhole 20TA-121: 1.34 g/t Au over 15.90 m, as well as 53.50 g/t Au over 0.46 m and 32.20 g/t Au over 0.4 mTaurus Zone infill and extension drilling: Drillhole 20TA-114: 1.20 g/t Au over 83.42 m Drillhole 20TA-120: 2.51 g/t Au over 9.59 m \"These are our best results from Taurus yet. The remarkable intercept lengths with attractive grades within and around the Taurus resource enhance our confidence in the deposit and its potential for expansion. As we turn our attention towards our high-grade targets at South Cassiar, I couldn't be happier with the Taurus campaign and the results this team has put together,\" commented Marco Roque, CEO of Cassiar Gold.Taurus Deposit Drilling SummaryThe 2020 Taurus drill program was designed to increase confidence in historical assay results, to test potential for extension laterally and at depth, or to infill gaps within the 2019 Taurus bulk-tonnage resource model. Results are reported in Table 1.Four drillholes were planned to target the Sable area, one of the highest-grade zones of the Taurus Deposit. The Sable area is composed of a series of concordant, west-northwest-striking, gold-beari...