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Cassiar Gold Files New NI43-101 Technical Report on the Cassiar Gold Property

Calgary, Alberta--(Newsfile Corp. - May 11, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: C...

articleCassiar Gold CorpMay 11, 20224/company/cassiar-gold/news/cassiar-gold-files-new-ni43-101-technical-report-on-the-cassiar-gold-property
Cassiar Gold Files New NI43-101 Technical Report on the Cassiar Gold Property

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[{"type":"text","content":"Cassiar Gold Files New NI43-101 Technical Report on the Cassiar Gold PropertyCalgary, Alberta--(Newsfile Corp. - May 11, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\") is pleased to announce the completion and filing of an independent National Instrument 43-101 technical report (\"NI43-101 Report\") on its 100% owned flagship Cassiar Gold Property (\"Property\") located in northern British Columbia, Canada. The technical report, with an effective date of April 28, 2022, titled \"National Instrument 43-101 Technical Report on the Cassiar Gold Property,\" can be viewed on Cassiar Gold's website and has been filed under the Company's profile on SEDAR. The new technical report was completed by Scott Zelligan, P.Geo.; James Moors, P.Geo.; and Chantal Jolette, P.Geo., all of whom meet the requirements of independent qualified persons as described in National Instrument 43-101 and the companion Policy 43-101CP.As announced in news on May 10, 2022, the NI43-101 Technical Report contains a new pit-constrained Mineral Resource Estimate (\"MRE\") for the Taurus Deposit of 37.9 million tonnes grading 1.14 g/t Au for 1.39 million ounces of gold in a pit constrained model using a 0.50 g/t Au cut off. There has been no change to the MRE and any other technical information since their initial announcement on May 10, 2022.\"I am grateful for the tremendous efforts made by our technical team and report authors to complete this new pit-constrained NI43-101-compliant technical report at the Taurus deposit in record time,\" stated Marco Roque, President and Chief Executive Officer of Cassiar Gold. \"The results from our new MRE outlines an incredibly robust near-surface, open-pittable asset with tremendous infrastructure access. We are now excited to embark on a 20,000 m drill program across the Cassiar Gold Property that will include 10,000 m of drilling at the Taurus Deposit with a focus on expansionary step-out drilling to grow the resource as mineralization remains open laterally, at depth and within the pit shell.\"Qualified PersonsScott Zelligan, P.Geo., the independent qualified person for the NI43-101 Report and MRE presented in this press release, has approved the technical information in this press release.About Cassiar Gold Corp.Cassiar Gold Corp. is a Canadian gold exploration company holding a 100% interest in ...

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