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Cassiar Gold Expands Gold Mineralization at the Taurus Deposit, Drilling Results Include 23.6 m of 4.19 g/t in the Taurus West Area
Calgary, Alberta--(Newsfile Corp. - September 12, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Expands Gold Mineralization at the Taurus Deposit, Drilling Results Include 23.6 m of 4.19 g/t in the Taurus West AreaCalgary, Alberta--(Newsfile Corp. - September 12, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\") is pleased to announce assay results from eight initial diamond drill holes of the 2023 exploration program. The results reported are from the ongoing drill program at the Taurus Deposit located in the Cassiar North area of the Company's flagship Cassiar Gold Property in northern British Columbia. The Taurus Deposit hosts a substantial near-surface, bulk-tonnage Inferred gold resource of 1.4 million ounces grading 1.14 g/t Au1 which remains open in most directions and is a priority for further expansion and definition by the current exploration campaign. These first results from the western and Sable areas of the Taurus Deposit (Figure 1) confirm the potential to continue to expand mineralization beyond as well as internal to the current resource footprint. Highlights:Drill hole 22TA-187 intersected 23.6 m of 4.19 g/t Au from 311.1 m down hole, including 7.8 m of 6.22 g/t Au, expanding mineralization beyond the resource block model along the Taurus West Fault in the western Taurus deposit (Table 1). Drill hole 22TA-188 in the Sable area of the eastern Taurus deposit intersected 22.0 m of 0.50 g/t Au from 106.8 m downhole, expanding mineralization 150 m beyond the southern extend of the resource block model.Drill hole 23TA-184 also at Sable returned several multi-metre intercepts above resource grade, including: 6.8 m of 4.50 g/t Au from 71.1 m downhole, including 1.8 m of 15.52 g/t Au, with 0.9 m of 24.50 g/t Au, and4.9 m of 8.10 g/t Au, including 2.6 m of 13.70 g/t Au with 0.5 m of 50.00 g/t Au, infilling and confirming continuity of near-surface mineralization between resource blocks at Sable.\"The initial results from our 2023 drill program at the Taurus Deposit continue to reinforce the excellent potential for ongoing growth at Taurus,\" stated Marco Roque, CEO of Cassiar Gold Corp. \"We are now looking forward to providing further project updates as results are returned from Taurus. In addition, we are awaiting results from our regional exploration program which aims to identify additional opportunities for growth in the Cassiar District.\"Table 1. Significant 2023 dril...