Cassiar Gold Corp · TSXV:GLDC

Cassiar Gold — Investor Presentation (January 2024)

43 slides from Cassiar Gold's investor presentation, January 2024

  1. Slide 1: Cassiar Gold Corp Corporate Presentation – January 2024

    CASSIAR GOLD CORP Corporate Presentation – January 2024

  2. Slide 2: Disclaimer

    Disclaimer Cassiar Gold Corp. (“Cassiar Gold” or the “Company”) has taken all reasonable care in producing and publishing the information contained on this presentation and will endeavor to do so regularly. Material on this presentation may still contain technical or other inaccuracies, omissions or

  3. Slide 3: Investment Highlights

    Investment Highlights INFRASTRUCTURE & PERMITS IN SAFE JURISDICTION  2 Mines Act permits, bisected by provincial highway 37, 160 km of access roads, fully owned & permitted 300 tpd mill, 17 portals, 25 km underground workings, power & water access, permanent camp already in place  100% owned, 59,0

  4. Slide 4: Safe Mining Jurisdiction Attracting Global Miners

    Safe Mining Jurisdiction Attracting Global Miners Two important orogenic gold districts in BC: 1 Cassiar Gold FLAGSHIP PROPERTY  Site of historical Cassiar Gold Rush with total historic gold production of 425,000 oz1  CASSIAR NORTH: NI43-101 Taurus Inferred Resource estimate of 1.4 Moz Au @ 1.14 g

  5. Slide 5: Cassiar Gold Property Overview

    Cassiar Gold Property Overview  100% owned, 59,000-hectare district-scale orogenic gold system in the safe and stable jurisdiction of British Columbia, Canada.  Exploration Opportunity: expand property resource base, advance exploration through deposit expansion, optimization, and the potential fo

  6. Slide 6: Outstanding Access Surrounded by Infrastructure

    Outstanding Access Surrounded by Infrastructure  Paved Provincial Highway 37 bisects the property with the paved Cassiar road CASSIAR PAVED ROAD passing through the Taurus Deposit area.  Permanent camp with power & water access along with 160 km of property access roads, owned/permitted 300 tpd mi

  7. Slide 7: Outstanding Infrastructure in Safe Jurisdiction

    Outstanding Infrastructure in Safe Jurisdiction 17 HISTORICAL PORTALS 25KM UNDERGROUND POWER LINES 300 TPD FULLY OWNED WORKINGS & PERMITTED MILL CORE SHACK & SEVERAL 160KM OF PROPERTY 48-PERSON CAMP TAILINGS FACILITIES ACCESS ROADS with Grid Power & Water TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 Click H

  8. Slide 8: Mine Permits & Permitted Mill Already in Place

    Mine Permits & Permitted Mill Already in Place  In addition to having an exploration permit, there are two active mine permits on the property (red/orange areas on map): Taurus Deposit 1. Taurus Gold Mine Permit (M-149) (1.2km2) covers the past-producing 1.4 Moz Au Taurus Mine; the majority of the

  9. Slide 9: District Scale Discovery Potential

    District Scale Discovery Potential Click HERE to watch the Technical Presentation hosted by David Rhys! Cassiar Gold Property - Schematic Longitudinal Section, Looking West CASSIAR SOUTH ~15km Trend CASSIAR NORTH High-grade High-GradeVein Targets Vein Targets Bulk Tonnage Disseminated & High-Grade V

  10. Slide 10: 2023 Exploration Program Overview

    2023 Exploration Program Overview Drill Campaign Project Area Drill Metres Description • ~80% focused on 50-100 m step-out holes around the deposit to test for extensions of key mineralized Taurus Deposit trends and potentially expand the resource laterally. 9,200 m (Cassiar North) • ~20% focused on

  11. Slide 11: Cassiar South: High-Grade History & Potential

    Cassiar South: High-Grade History & Potential  Multitude of shear quartz vein gold targets with historical production of ~315,000 oz1 from four vein systems and 15 portals.  Historical recovered grades of ~10-20 g/t Au1 with mine dilution.  Past-producing vein systems hosted up to ~150koz Au and

  12. Slide 12: Drill Program Details: Cassiar South

    Drill Program Details: Cassiar South  18,000 m of drilling 2021-2023  3,200 m in 2023  Cassiar Gold drilling identified:  Extensions of known mineralization near existing infrastructure  Interpreted offset vein segment of past producing Bain vein system  Gold-bearing quartz veins adjacent to k

  13. Slide 13: Cassiar South 2022: Bain Vein Highlights

    Cassiar South 2022: Bain Vein Highlights 04 APR 2023 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 Visible gold encountered in 22EBX-103 Vertical long section looking south-southeast at the Bain vein system with 2022 East Bain Exte

  14. Slide 14: Cassiar North: Taurus Deposit

    Cassiar North: Taurus Deposit 2022 NI 43-101 Taurus Inferred Mineral Resources1  2022 NI43-101 Compliant Inferred Mineral Resource Estimate of 1.4 Moz @ 1.14 Resource Cut-off Au Tonnes Au oz g/t Au using 0.5 g/t cut-off grade.1 Category Au g/t g/t Inferred 0.40 44,600,000 1.03 1,480,000  90% of ou

  15. Slide 15: Taurus Deposit: Mineralization Styles

    Taurus Deposit: Mineralization Styles  Mineralization Type1: Basalt- hosted, low-sulfide gold-bearing veins and well-defined alteration envelopes of quartz, sericite-iron carbonate and pyrite.  Vein density, alteration intensity and shear zone distribution aid in defining and modeling higher Free

  16. Slide 16: 2023 Drill Program Details at Cassiar North

    2023 Drill Program Details at Cassiar North 2023 Cassiar North Drillhole Locations  9,200 m Taurus Deposit drill campaign complete.  ~80% focused on 50-100 m step-out holes around the deposit to: • Test for extensions of key mineralized trends and potentially expand the resource laterally.  ~20%

  17. Slide 17: Drill Program Details at Taurus

    Drill Program Details at Taurus Cassiar Gold Drill Hole Locations Target Area Drill Hole From To Length* (m) Grade (g/t Au) Taurus East 22TA-146 12.90 23.40 10.50 4.47 incl. 13.80 17.00 3.25 11.12 with 15.40 15.90 0.50 45.3 incl. 20.40 21.10 0.75 12.65 22TA-169 4.50 11.10 6.60 22.44 incl. 10.30 11.1

  18. Slide 18: 2022 Drill Campaign: Taurus West & Southwest

    2022 Drill Campaign: Taurus West & Southwest 23 JAN 2023 Cassiar Gold Expands Mineralization at Surface Intersecting 171.9 m of 0.66 g/t Au at the Taurus Gold Deposit Vertical section showing 22TA-161 at the Taurus Deposit, looking southwest with the 2022 Taurus Resource Block Model for reference. T

  19. Slide 19: 2023 Drill Program - Taurus West at Cassiar North

    2023 Drill Program - Taurus West at Cassiar North 12 SEP 2023 Cassiar Gold Expands Gold Mineralization at the Taurus Deposit, Drilling Results Include 23.6 m of 4.19 g/t in the Taurus West Area Vertical section showing 22TA-187 at the Taurus Deposit, looking to the southwest. Assay results in red an

  20. Slide 20: Underexplored & Highly Prospective - Priority Regional Targets

    Underexplored & Highly Prospective - Priority Regional Targets Location of Regional Targets at Cassiar North  Newcoast - ~2 km long east-west corridor with shallow and outcropping quartz veining, pyrite, and silica, sericite, and iron carbonate alteration; similar to Taurus. Very limited historical

  21. Slide 21: 2023 Field Program – Surface Sampling, Mapping and IP

    2023 Field Program – Surface Sampling, Mapping and IP  Mapping  30 km2 area with >300 surface grab samples.  samples submitted for fire assay, multi- element, and select whole rock geochemical analyses.  Induced polarization (IP) survey  50 line-km, 200 m line spacing, 50 m sample stations.  P

  22. Slide 22: World-Class Leadership Team

    World-Class Leadership Team  +30 yrs in extractive resource sector  +17 yrs of international finance experience including banking, capital  President & CEO of IAMGOLD (CAD$2Bn mkt cap) from 2010-2020 markets, venture capital and corporate advisory STEPHEN LETWIN  Previously Executive VP Gas Tran

  23. Slide 23: Committed to Social & Environmental Responsibility

    Committed to Social & Environmental Responsibility Cassiar Gold acknowledges, respects, and supports the rights of Community Engagement the Kaska Dena First Nations on the lands and communities Our company and crew are dedicated to the communities we live where we operate. in, the communities we wor

  24. Slide 24: Share Structure & Ownership Mix

    Share Structure & Ownership Mix Capital Structure Shareholders TSX.V: GLDC | OTCQX: CGLCF | FRA:756 Shares Outstanding 104,294,555 Options, RSUs/DSUs1 9,683,668 Insiders/Advisors 13% Warrants2 21,554,047 Institutional Fully Diluted 135,532,270 28% Price per Share* C$0.28 Market Capitalization* C$29.

  25. Slide 25: Upcoming Catalysts

    Upcoming Catalysts TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 25

  26. Slide 26: Investment Highlights

    Investment Highlights INFRASTRUCTURE & PERMITS IN SAFE JURISDICTION  2 Mines Act permits, bisected by provincial highway 37, 160 km of access roads, fully owned & permitted 300 tpd mill, 17 portals, 25 km underground workings, power & water access, permanent camp already in place  100% owned, 59,0

  27. Slide 27: Appendix

    ISSIAR GOLD Appendix

  28. Slide 28: Cassiar North – Wings Canyon

    Cassiar North – Wings Canyon  Wings Canyon – An area of intense iron-carbonate and sericite altered mafic volcanics with up to ~15% narrow sheeted quartz veining and disseminated pyritohedrons over ~500 x 180 m area.  Alteration, veining & sulphide mineralization is similar in character to the Tau

  29. Slide 29: Cassiar North – Snow Creek

    Cassiar North – Snow Creek  Snow Creek - Quartz veining, pyrite, and varying amounts of silica, sericite, and iron carbonate similar to the Taurus Deposit. TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 1 Assay results from 2009 Assessment Report on the Taurus Property, Event Number: 4469061, authored by Kri

  30. Slide 30: Cassiar North – Newcoast

    Cassiar North – Newcoast TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 1 Assay results from 2009 Assessment Report on the Taurus Property, Event Number: 4469061, authored by Kristian Whitehead, BSc, GIT. 30

  31. Slide 31: Owned & Permitted Mill

    Owned & Permitted Mill Permitted Erickson Mill Facility, Cassiar Gold Project  Permitted 300 tpd mill produced both gravity and flotation concentrates that were sold offsite. Mill was last in production in 20071 , partially refurbished in 2010 and currently in good condition.  Covered by Table Mou

  32. Slide 32: Geological Setting

    Geological Setting  Cassiar Gold property located on inland BC orogenic gold belt (140-120 Ma) - a younger equivalent to geological setting in the Abitibi Greenstone Belt, West Africa and Western Australia (eg. Fosterville).  Belt includes Cariboo-Barkerville (>5 Moz), Sheep Creek (0.7 Moz) and Ca

  33. Slide 33: Cassiar Property Geology

    Cassiar Property Geology  Host rocks are a stacked sequence of gently dipping competent mafic volcanic rocks layered with weaker altered ultramafic (listwanite) and fine-grained sedimentary units (ophiolite sequence).  Shallow dipping high strain zones with carbonate-sericite alteration are locali

  34. Slide 34: Cassiar South: Classic Orogenic Gold Veins

    Cassiar South: Classic Orogenic Gold Veins Schematic section, Main  Classic orogenic-style, quartz-carbonate pyrite-tetrahedrite + visible- Mine, looking west gold-bearing shear veins with free gold.1 C  Veins occur in mafic volcanic rocks stacked between low-angle A listwanite-bearing thrust surf

  35. Slide 35: Basis of 2022 Mineral Resource Estimate

    Basis of 2022 Mineral Resource Estimate Cassiar North Taurus 2020 – 2021 Drill Plan  2022 NI43-101 Mineral Resource Estimate based on 462 drill holes (~56,500 m) drilled by previous operators and Cassiar Gold.1  Cassiar drilled 39 holes in the Taurus area totaling 8,800 m in 2020 and 2021 intended

  36. Slide 36: Cassiar South 2022 Drill Program Highlight Intercepts

    Cassiar South 2022 Drill Program Highlight Intercepts Visible gold encountered in 22EBX-103 Target Area Drillhole From To Length Grade 1 East Bain 22EBX-103 159.5 174.1 14.64 m 2.21 g/t Au Extension incl. 160.2 168.7 8.52 m 3.22 g/t Au incl. 164.7 168.7 3.98 m 5.05 g/t Au 361.9 364.1 2.16 m 32.95 g/

  37. Slide 37: Cassiar South: Bain Vein Drill Highlights

    Cassiar South: Bain Vein Drill Highlights  Bain vein system produced 24,000 ounces of gold at an Significant unmined historical and 2021 drill results in the unmined Eastern Bain corridor with grades of >10 g/t Au (*denotes 2021 drillholes) average grade of 13.71 g/t Au from 1993 to 1995.1 Target a

  38. Slide 38: Cassiar North 2022 Drill Program Highlight Intercepts

    Cassiar North 2022 Drill Program Highlight Intercepts Target Area Drillhole From To Length* Grade Target Area Drillhole From To Length* Grade Taurus East 22TA-142 129.8 152.0 22.20 m 1.50 g/t Au Taurus West 22TA-158 337.0 409.2 72.25 m 1.09 g/t Au 22TA-174 12.3 89.5 77.2 m 0.67 g/t Au incl. 132.2 13

  39. Slide 39: The Rich History of Cassiar

    The Rich History of Cassiar Discovery of placer gold at Dease Creek started the gold rush in the area. 1877 1872 saw a record-breaking 72 oz gold nugget recovered from McDame Creek. Discovery of first gold-bearing quartz veins followed by ~40 years of only small- 1934 scale mining by various operato

  40. Slide 40: Sheep Creek Camp Overview

    Sheep Creek Camp Overview  3,872-ha camp consisting of the Sheep Creek and Bayonne properties.  Third largest past-producing orogenic gold district in BC behind Barkerville and Bralorne.  Total production from 1900 to 1951 from 1.72 Mt of ore: 742,000 ounces of gold @ 14.7 g/t Au, ~365,000 ounces

  41. Slide 41: Sheep Creek Exploration Potential

    Sheep Creek Exploration Potential Sheep Creek Property (2,732 ha):  10 km belt with 60+ known veins  Individual veins exploited over 950 m strike length, up to 500 m depth  Strong structural & stratigraphic control to veining Bayonne Property (1,140 ha): Sheep Creek Gold Belt Mine Sheep Creek Vei

  42. Slide 42: Capital Structure Breakdown

    Capital Structure Breakdown Options Schedule Warrant Schedule Options Expiry and Price # Issued Warrant Expiry and Price # Issued Jun 2024 @ $0.50 485,000 Jun 2024 @ $1.05 4,663,425 Aug 2025 @ $0.75 1,150,000 Jul 2024 @ $0.90 581,783 Mar 2026 @ $0.60 1,710,668 Aug 2024 @ $0.90 1,370,285 Nov 2026 @ $

  43. Slide 43: Cassiar Gold Corp.

    Cassiar Gold Corp. Follow us on: Suite 450 – 800 West Pender Street Vancouver, BC, V6C 2V6, Canada @CassiarGoldCorp Cassiar Gold Corp Contact: E-mail: ir@cassiargold.com @CassiarGoldCorp Direct: +1 236 878 6160 @CassiarGoldCorp Website: www.cassiargold.com

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