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Cassiar Gold Intersects New Quartz Veining with Visible Gold, Significantly Extends Mineralized Trend at Newcoast Regional Prospect, and Initiates Evaluation of Mill Refurbishment, Tailings Monetization and High-Grade Strategy
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Cassiar Gold Corp. (TSXV: GLD...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Intersects New Quartz Veining with Visible Gold, Significantly Extends Mineralized Trend at Newcoast Regional Prospect, and Initiates Evaluation of Mill Refurbishment, Tailings Monetization and High-Grade StrategyVancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\") is pleased to announce results from the final 5,243 meters (m) over eleven diamond drill holes of the 2025 exploration program at the Cassiar Gold project, located in northern British Columbia. The 2025 drill program comprised 7,308 m over 20 drill holes and concluded in early October, for which nine drill holes were previously reported. Results reported here identified a new higher grade, visible gold-bearing structure, and significantly extended known mineralization at the Newcoast prospect. These drill holes demonstrate potential for ongoing expansion of mineralization along key structural trends and identification of new mineralized areas with visible gold-bearing veins within extensive untested areas at the Cassiar Gold property. Highlights:Drill holes reported here are from the Newcoast Prospect, which is located 2 kilometers (km) southeast of the Taurus deposit (Figure 1). All drill holes at Newcoast encountered broad intercepts of mineralization above 0.4 grams per tonnes (g/t) gold (Au) in 2025 and successfully expanded an extensive, sparsely tested mineralized zone initially encountered during the 2023 drill program. A higher-grade intercept with visible gold was encountered in a newly identified mineralized structure while targeting discrete, previously untested chargeability anomalies along the Newcoast target corridor. Drilling intercepts represent apparent widths of mineralized zones. A full summary of the latest results can be found in Table 1, and include:Drill hole 25NC-017 identified an area of new quartz veining with visible gold, returning: 15.7 m of 3.80 g/t Au from 249.1 m downhole, including:176.50 g/t Au over 0.3 mDrill hole 25NC-019:22.5 m of 3.52 g/t Au from 420.9 m downhole, including:42.41 g/t Au over 1.6 m, with51.68 g/t Au over 1.2 mDrill hole 25NC-010:89.2 m of 0.71 g/t Au from 217.3 m downhole, including 43.5 m of 1.12 g/t Au with 0.4 m of 5.59 g/t AuDrill hole 25NC-013:167.5 m of 0.42 g/t Au from 499.4 m downhole \"We are pleased with the final ...