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Cassiar Gold Extends Gold Mineralization at East Bain Intersecting 14.6 m of 2.21 g/t Au and 2.2 m of 32.95 g/t Au

Calgary, Alberta--(Newsfile Corp. - April 4, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGL...

articleCassiar Gold CorpApril 4, 20233/company/cassiar-gold/news/cassiar-gold-extends-gold-mineralization-at-east-bain-intersecting-146-m-of-221-gt-au-and-22-m-of-3295-gt-au
Cassiar Gold Extends Gold Mineralization at East Bain Intersecting 14.6 m of 2.21 g/t Au and 2.2 m of 32.95 g/t Au

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[{"type":"text","content":"Cassiar Gold Extends Gold Mineralization at East Bain Intersecting 14.6 m of 2.21 g/t Au and 2.2 m of 32.95 g/t AuCalgary, Alberta--(Newsfile Corp. - April 4, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\") is pleased to announce assay results from an additional seven diamond drill holes from the 2022 exploration program completed at the Bain vein target in the Cassiar South project area within the Company's flagship Cassiar Gold Property. The results reported here are part of continuing efforts to further explore for extensions of, and for new parallel veins associated with the high-grade, historically producing mines at Cassiar South. During the 2022 program, Cassiar Gold conducted over 23,000 meters of diamond drilling from 70 drill holes. Exploration was concentrated on strategic areas of the Taurus Deposit in the northern parts of the property, key vein prospects at Cassiar South including Bain vein target areas, and other brownfields targets. Results from 22 drill holes which cumulatively total 7,845 metres of drilling from the 2022 program are yet to be disclosed as the company continues to await the return of additional assay results. Highlights from the Bain vein target area:Drill holes reported in this news release are from seven holes totaling 2,380 m from the East Bain Extension and West Bain areas of the past-producing Bain vein system (Figure 1, 4). This drilling was designed to test for lateral and downdip extensions of known mineralization and potential parallel vein sets at the East Bain Extension and West Bain areas, as well as identify potential offset segments of the past-producing vein system at East Bain Extension. Drill hole 22EBX-103 intersected multiple mineralized intercepts at the East Bain Extension which include:14.6 m of 2.21 g/t Au, from 159.5 m downhole, including 4.0 m of 5.05 g/t Au, identifying a potential offset continuation of the past-producing Bain vein system 90 m from previous drilling.2.16 m of 32.95 g/t Au from 361.9 m downhole, including 0.55 m of 123.50 g/t Au proximal to the Bain vein, and potentially representing a new parallel vein.All holes drilled intersected gold-bearing quartz veins containing anomalous to high-grade gold in the East Bain Extension and West Bain target areas.Mineralization encountered at East Bain Extension occurs within an unmined mine...

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