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Cassiar Gold Intersects 50.2 m of 0.66 g/t Au, Including 15.6 m of 1.22 g/t Gold Mineralization at Cassiar South
Calgary, Alberta--(Newsfile Corp. - April 20, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CG...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Intersects 50.2 m of 0.66 g/t Au, Including 15.6 m of 1.22 g/t Gold Mineralization at Cassiar SouthCalgary, Alberta--(Newsfile Corp. - April 20, 2023) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\") is pleased to announce assay results from the remaining 13 previously unreported drill holes from the Cassiar South project area as part of the 2022 exploration program completed at 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. Cassiar Gold's 2022 exploration program comprised 23,000 meters in 70 diamond drill holes focused on strategic areas of the Taurus Deposit, as well as significant vein prospects in Cassiar South and other brownfields targets. These 13 drill holes totaling 5,259 metres reported here represent the final results from the Company's 2022 drill program. Highlights from the Cassiar South project area:Drill hole 22MM-001 intersected 15.9 m of 0.98 g/t Au, including 5.9 m of 1.50 g/t Au, 120 m west of historical workings and 260 m northwest of previously mined vein segments at the Main Mine area (Figure 1).Drill hole 22MM-003 intersected multiple mineralized intercepts which support the interpreted orientation of mineralized veins encountered in 22MM-001, returning: 50.2 m of 0.66 g/t Au from 126.9 m downhole, including 8.6 m of 0.95 g/t Au and 10.3 m of 0.92 g/t Au,15.6 m of 1.22 g/t Au from 197.0 m downhole,9.0 m of 1.01 g/t Au from 219.8 m downholeMultiple intercepts above 4.00 g/t Au were returned from additional vein targets, including: 0.6 m of 4.18 g/t Au from 255.5 m in drill hole 22MM-002 at the Main Mine area 2.0 m of 4.80 g/t Au from 28.0 m in drill hole 22VOL-701 and 1.2 m of 5.77 g/t Au from 28.7 m in drill hole 22VOL-701A at the Vollaug target area7.20 g/t Au over 0.8 m from 21.5 m in drill hole 22CU-407 at the Cusac area.All holes drilled intersected gold-bearing quartz veins containing anomalous to high-grade gold across target areas reported in this news release. Mineralization encountered at the Main Mine area occurs within an unmined area with extensive alteration and vein density suggesting proximity to major shear veins.\"Our drill program at Cassiar South encountered g...