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Cassiar Gold Announces Commencement of Drilling
Hong Kong and Calgary, Alberta--(Newsfile Corp. - June 8, 2021) - Cassiar Gold Corp. (TSXV: GL...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Announces Commencement of DrillingHong Kong and Calgary, Alberta--(Newsfile Corp. - June 8, 2021) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (\"Cassiar\" or the \"Company\") is pleased to announce that it has commenced its 15,000 metre drilling program at its flagship Cassiar Gold project in British Columbia, Canada. With exploration crews onsite the Company has begun mobilization of two diamond drills. One drill rig has commenced drilling at the Taurus deposit in the North Cassiar area. All planned 2021 work is now permitted, and work at South Cassiar is expected to commence later this week. \"We are very pleased to begin this year's exploration program,\" stated Marco Roque, CEO of Cassiar Gold. \"Over the last few months our technical team has been busy preparing a geological model at North and South Cassiar to define strategic targets. We are excited to kick off this campaign at our existing Taurus deposit in North Cassiar and to also focus on the South Cassiar targets which will be the first time the Company drills this high-grade target area.\"Initial drilling at the Taurus deposit is planned to a) infill widely spaced areas where significant gold mineralization has been intersected with the aim to upgrade existing resources by defining better continuity of higher-grade mineralized areas, and b) since the deposit is open laterally in all directions, to test prospective corridors where better grade portions of the resource remain open. Historical results which will be followed up include thick intersections in the Taurus West area, where examples of widely spaced or open historical drilling to be followed up 2.4 g/t over 84 m in historical drill hole T95-29, which is separated from other holes to the south by over 100 m. Other examples include drill holes 20TA-119 (which intersected 1.78 g/t Au over 32.79 m: see release) and historical drill hole T95-13 (which intersected 3.05 g/t Au over 25.45 m) that define the southernmost holes of a significant gently plunging zone of mineralization that is open to the south, extensions of which will also be targeted during the program. Drilling in areas of widely spaced previous drill holes in 2020 successfully extended mineralization between drill holes, for example intersecting 5.43 g/t Au over 18.22 m in drill hole 20TA-116 in the Taurus Sable zone (see release) t...