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Cassiar Gold Engages Ausenco to Deliver Preliminary Economic Assessment
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - Cassiar Gold Corp. (TSXV: GLDC) ...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Engages Ausenco to Deliver Preliminary Economic AssessmentVancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\") is pleased to announce it has initiated a Preliminary Economic Assessment (\"PEA\") at its 100% owned Cassiar Gold project in northern British Columbia. Ausenco, a globally recognized engineering, consulting, and project delivery firm with a proven track record in all phases of project development, has been engaged to deliver a comprehensive PEA for the property's Taurus deposit. The Company is targeting the completion of the PEA in Q3 2026. The PEA will be based on the recently updated foundational resource at the bulk-tonnage Taurus deposit, which comprises an Indicated Mineral Resource of 8.8 million tonnes at 1.43 grams per tonnes (g/t) gold for 410,000 ounces with an additional 63.2 million tonnes with 1.93 million ounce at 0.95 g/t gold Inferred[1]. The near-surface, road-accessible deposit remains open for expansion. The PEA will evaluate potential development scenarios for the project and assess the economic potential of the Taurus deposit. Additionally, the study will establish work plans to support the Company in continuing to advance the project.\"We are pleased to welcome Ausenco as our lead consultant for the PEA,\" said Marco Roque, President and Chief Executive Officer of Cassiar Gold Corp. \"Their global expertise and experience advancing gold project studies will be instrumental on our path to demonstrate the value of our near-surface resource at Taurus. The study will be a critical milestone and will guide our next steps toward responsible development.\"Additional near-term initiativesMetallurgical StudyA metallurgical assessment of the Taurus deposit is currently underway with Base Metallurgical Laboratories Ltd. Recent geochemical analyses and model advancements have provided strong foundational inputs to guide representative initial sample selections across the deposit. Results from this program are expected in Q2 2026 and will support the PEA. Cassiar South Mill Assessment Cassiar Gold is conducting a review of its on-site, permitted mill to assess refurbishment and integration pathways to support potential future development scenarios at past-producing higher grade vein systems at the Cassiar South project are...