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Cassiar Gold Reports High-Grade Intercepts at Cassiar South: 4.8 m of 35.1 g/t Au, including 0.4 m of 270.0 g/t Au and 0.5 m of 105.0 g/t Au; and 6.4 m of 12.6 g/t Au, including 2.95 m of 25.7 g/t Au
Calgary, Alberta--(Newsfile Corp. - October 12, 2021) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQ...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Cassiar Gold Reports High-Grade Intercepts at Cassiar South: 4.8 m of 35.1 g/t Au, including 0.4 m of 270.0 g/t Au and 0.5 m of 105.0 g/t Au; and 6.4 m of 12.6 g/t Au, including 2.95 m of 25.7 g/t AuCalgary, Alberta--(Newsfile Corp. - October 12, 2021) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the \"Company\" or \"Cassiar Gold\") is pleased to announce initial results from an ongoing 2021 diamond drilling program at its flagship Cassiar Gold Property located in British Columbia, Canada. Assay results have been returned from six of a planned 21-hole program at the Cassiar South project area which hosts a multitude of high-grade quartz vein targets associated with several historical underground mines. All six holes were completed at the Bain vein target testing lateral and down-dip extensions of the previously mined vein.Highlights:Drillhole 21EB-300 at East Bain encountered visible gold (see Plate 1) and intersected 4.8 m of 35.1 g/t Au, including 0.5 m at 105.0 g/t Au and 0.4 m at 270.0 g/t Au, from 182.8 m to 187.6 m downhole. This hole was drilled roughly 160 m away from historical mine workings and confirms both the high-grade nature and associated quartz shear vein thicknesses of the historic Bain Mine and increases the extent and confidence in the high-grade continuity of the unmined portions of the vein system to the east (see Figure 2).Drillhole 21EB-301 at East Bain intersected 6.4 m at 12.6 g/t Au, including 0.8 m at 85.4 g/t and 2.95 m at 25.7 g/t Au, from 143.8 m to 150.1 m downhole. This hole was drilled approximately 180 m away from historical mine workings between two historical drillholes located 30 m apart and further supports the continuity of high-grade gold mineralization.Due to these significant results, the Company plans to return to the East Bain target to drill two follow-up down-dip holes at the end of the current drill campaign. Results remain pending for three more holes at East Bain with two holes located roughly 450 m east of mine workings.Over 6,000 m of drilling in 15 holes have been completed to date at Cassiar South and two drill rigs will continue to test high-grade targets until the end of October. \"We are thrilled to hit such high-grade intercepts on our first pass drill program at Cassiar South,\" stated Marco Roque, President and CEO of Cassiar Gold. \"Our early success at East Bain ...