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Cassiar Gold Corp. Intercepts 1.78 g/t Au over 32.79 M and 3.71 g/t Au over 11.35 M at Taurus Bulk-Tonnage Gold Deposit in British Columbia
Hong Kong, Hong Kong and Calgary, Alberta--(Newsfile Corp. - December 1, 2020) - Cassiar Gold ...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Corp. Intercepts 1.78 g/t Au over 32.79 M and 3.71 g/t Au over 11.35 M at Taurus Bulk-Tonnage Gold Deposit in British ColumbiaHong Kong, Hong Kong and Calgary, Alberta--(Newsfile Corp. - December 1, 2020) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQB: CGLCF) (\"Cassiar\" or the \"Company\") is pleased to announce assay results for seven more diamond drillholes from the recently completed 2020 drill program on the company's 100%-owned Cassiar Gold Property in northern British Columbia, Canada. The primary goal of this drill program was to continue to confirm and expand the 43-101 near-surface resource of 1 million ounces at 1.43 g/t Au estimated at the Taurus Deposit in 2019 (see Company news release, September 11, 2019). The initial seven drillholes were previously reported (see Company new release, November 10, 2020). The remaining 10 drillholes from the program will be reported pending receipt and confirmation of results.Highlights2.37 g/t Au over 25.07 m in drillhole 20TA-110 including two occurrences of visible gold in quartz veins, from the hangingwall of the Taurus West fault;1.78 g/t Au over 32.79 m in drillhole 20TA-119, also from the hangingwall of the Taurus West Fault; Exploration drilling at Wings Canyon yielded encouraging results with 0.64 g/t Au over 16.84 m and 19.50 g/t Au over 0.50 m, supporting near-surface potential beyond Taurus at North Cassiar. \"We are extremely pleased with our second set of assay results from our drill program at the Taurus Deposit. All drillholes came in mineralized and it is very exciting to hit visible gold. We also have some really impressive intervals with grades above our resource grade in sparsely drilled parts of our resource. Really looking forward to see how this may impact our resource model,\" commented Marco Roque, CEO of Cassiar Gold Corp.\"We are also encouraged by the results from Wings Canyon,\" said Kaesy Gladwin, VP Exploration for Cassiar Gold Corp. \"Broad gold-mineralized intervals coincident with geophysical features and similar in style to the nearby Taurus deposit confirm the potential for additional bulk-tonnage prospects beyond the current resource.\"Taurus Deposit Drilling SummaryDrillholes were planned to increase confidence in historical diamond drilling results, to test potential for extension at depth, or to infill gaps within the 2019 Taurus bulk...