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Cassiar Gold Expands Near-Surface Gold Mineralization at Taurus Southwest Intersecting 139.4 m Of 0.61 g/t Au
Calgary, Alberta--(Newsfile Corp. - March 16, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CG...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Expands Near-Surface Gold Mineralization at Taurus Southwest Intersecting 139.4 m Of 0.61 g/t AuCalgary, Alberta--(Newsfile Corp. - March 16, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\") is pleased to announce assay results from an additional eight diamond drill holes from the 2022 exploration program completed at and near the Taurus deposit, located on Company's flagship Cassiar Gold Property. Recent drill results support the approach of further exploration drilling at the Taurus Southwest area where significant gold mineralization continues to be encountered.Highlights from the Taurus Southwest area:Drill hole 22TA-172 intersected 139.4 m of 0.61 g/t Au, from 28.0 m downhole, extending near-surface mineralization 60 m beyond the extent of the Taurus resource block model. Drill hole 22TA-175A returned 50.1 m of 0.61 g/t Au extending mineralization at depth along the Taurus West Fault, 40 m beyond the extent of the resource block model and pit shell model.Mineralization remains open in this and other parts of the Taurus deposit.\"We are very pleased with these latest results from Taurus Southwest which confirm the high potential for expansion of mineralization associated with the Taurus deposit,\" stated Marco Roque, CEO of Cassiar Gold Corp. \"We look forward to continuing to advance our exploration efforts at the Cassiar Gold property in the coming months.\" Table 1. Significant 2022 drilling results from Taurus Deposit based on a >0.5 g/t cutoff. While true thickness has not been established, drill holes are designed to cross at high to moderate angles within known corridors of mineralization based on orientations of mineralized areas defined by previous drilling and structural data from oriented drill core and outcropping veins.Target AreaDrillholeFromTo Length*GradeTaurus Southwest22TA-162no significant intercepts22TA-16316.119.73.65 m1.01 g/t Au284.1307.923.76 m0.71 g/t Au335.6343.07.38 m0.62 g/t Au22TA-17228.0167.4139.35 m0.61 g/t Auincl.48.764.115.35 m1.31 g/t Auwith61.361.90.65 m6.28 g/t Auincl.140.9141.40.55 m5.17 g/t Au275.0289.114.05 m0.52 g/t Au327.1328.91.80 m3.71 g/t Au22TA-175abandoned 22TA-175A77.984.36.45 m0.72 g/t Au98.5114.015.50 m0.51 g/t Au189.0239.050.05 m0.61 g/t Auincl.224.7233.28.45 m1.54 g/t Au333.8340.06.18 m0.88 g/t Au22TA-177106.9109.62.73 m0.82 g/t Au209....