Cassiar Gold Corp · TSXV:GLDC
Cassiar Gold — Investor Presentation (October 2023)
44 slides from Cassiar Gold's investor presentation, October 2023
Slide 1: Cassiar Gold Corp Corporate Presentation – October 2023
CASSIAR GOLD CORP Corporate Presentation – October 2023
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
Slide 3: Investment Highlights
Investment Highlights WORLD-CLASS LEADERSHIP TEAM Diverse and successful group of geologists, engineers, operators, marketing and capital markets professionals with 245+ collective years of experience OUTSTANDING INFRASTRUCTURE IN SAFE JURISDICTION Mine permits, highway access, 160 km access roa
Slide 4: 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
Slide 5: Safe Mining Jurisdiction Attracting Global Miners
Safe Mining Jurisdiction Attracting Global Miners Two important orogenic gold districts in BC: 1 Cassiar Gold FLAGSHIP PROPERTY 100% owned, 59,000 ha property with +15 km strike of gold targets Site of historical Cassiar Gold Rush with total historic gold production of 425,000 oz1 CASSIAR NORT
Slide 6: Share Structure & Ownership Mix
Share Structure & Ownership Mix Capital Structure Shareholders TSX.V: GLDC | OTCQX: CGLCF | FRA:756 Shares Outstanding 96,869,044 Options, RSUs/DSUs1 6,343,668 Insiders/Advisors 11% Warrants2 14,128,536 Institutional Fully Diluted 117,341,248 28% Price per Share* C$0.34 Market Capitalization* C$32.9
Slide 7: Committed to Social & Environmental Responsibility
Committed to Social & Environmental Responsibility Cassiar Gold acknowledges, respects, and supports the rights of the Kaska Dena First Nations on the lands and Community Engagement communities where we operate. Our company and crew are dedicated to the communities we live in, the communities we wor
Slide 8: Cassiar Gold Property Overview
Cassiar Gold Property Overview 100% owned, 59,000-hectare district-scale orogenic gold system in highly supportive jurisdiction of northern BC, Canada. Advanced infrastructure benefits: Provincial Hwy 37 bisects the property, permitted 300 tpd mill (gravity/flotation) on site, 160 km of property
Slide 9: Outstanding Infrastructure in Safe Jurisdiction
Outstanding Infrastructure in Safe Jurisdiction Paved Provincial Hwy 37 bisects the property with the paved Cassiar road passing through the Taurus Deposit area. Permanent camp with power/water nearby along with 160 km of property access road, owned/permitted 300 tpd mill and 25 km of undergroun
Slide 10: Outstanding Infrastructure in Safe Jurisdiction
Outstanding Infrastructure in Safe Jurisdiction POWER LINES 300 TPD FULLY OWNED & 1.2 KM AIRSTRIP PERMITTED MILL CORE SHACK/STORAGE HISTORICAL PORTALS CASSIAR PAVED ROAD & TAILINGS FACILITY TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 10
Slide 11: 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 (green/orange areas on map): Taurus Deposit 1. Taurus Gold Mine Permit (M-149) covers the past-producing Taurus 1.4 Moz Au Mine; the majority of the current
Slide 12: District Scale Discovery Potential
District Scale Discovery Potential 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 Vein Targets Main Mine and Vollaug Bain and Cusac (200Koz Au produced)
Slide 13: Cassiar North: Taurus Gold Deposit
Cassiar North: Taurus Gold Deposit 2022 NI 43-101 Taurus Inferred Mineral Resources1 Resource Cut-off Au 2022 NI43-101 Compliant Inferred Mineral Resource Estimate of 1.4 Tonnes Au oz Moz @ 1.14 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 Inferr
Slide 14: Taurus Gold Deposit: Mineralization Styles
Taurus Gold 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
Slide 15: 2022 Drill Program Details at Cassiar North
2022 Drill Program Details at Cassiar North 45-hole, 14,000 m Taurus drill campaign complete 2022 Taurus Program Drillhole Locations 80% focused on step-out drilling to: • Evaluate expansion potential of known mineralization Taurus Deposit adjacent to former Taurus Mine • Test area between curre
Slide 16: 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
Slide 17: 2022 Drill Program at Cassiar South
2022 Drill Program at Cassiar South 7,600 m drill program complete. Vein targets include East Bain Extension, West Bain, Vollaug, Cusac and Main Mine and drilling focused on testing for: 1) Lateral/down-dip extensions of known vein systems. 2) Periodicity of parallel sets of vein systems. 3) Thr
Slide 18: 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/
Slide 19: 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 Au with mine dilution. Past-producing vein systems hosted up to ~150koz Au and k
Slide 20: 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 Vertical long section looking south-southeast at the Bain vein system with 2022 East Bain Extension drill hole results and select 2
Slide 21: Priority Regional Targets
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 drilling with samples exceeding 5 g/t
Slide 22: 2023 Exploration Program Overview
2023 Exploration Program Overview Anticipated 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 trends and potentially expand the resource laterally. Taurus Deposit 10,000 m • ~20% focused on in
Slide 23: Upcoming Catalysts
Upcoming Catalysts TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 23
Slide 24: Investment Highlights
Investment Highlights WORLD-CLASS LEADERSHIP TEAM Diverse and successful group of geologists, engineers, operators, marketing and capital markets professionals with 245+ collective years of experience OUTSTANDING INFRASTRUCTURE IN SAFE JURISDICTION Mine permits, highway access, 160 km access roa
Slide 25: Appendix
Appendix
Slide 26: The Rich History of Cassiar
The Rich History of Cassiar Discovery of placer gold at McDame Creek started the gold rush in the area, 1872 where a record-breaking 72 oz gold nugget was found. Discovery of first gold-bearing quartz veins followed by ~40 years of only small- 1934 scale mining by various operators. Start of larger-
Slide 27: 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
Slide 28: 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
Slide 29: 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
Slide 30: 2022 Drill Campaign: Taurus West
2022 Drill Campaign: Taurus West 17 JAN 2023 Cassiar Gold Expands Mineralization at the Taurus Deposit Near-Surface and at Depth Intersecting 98.0m of 1.28 g/t Au and 70.7m of 0.76 g/t Au Vertical section showing 22TA-176 at the Taurus Deposit, looking southwest with the 2022 Taurus Resource Block M
Slide 31: 2022 Drill Campaign: Taurus Southwest & Sable
2022 Drill Campaign: Taurus Southwest & Sable 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.
Slide 32: 2022 Drill Campaign: Taurus East & Wings Canyon
2022 Drill Campaign: Taurus East & Wings Canyon 03 MAR 2023 Cassiar Gold Expands Mineralization at Taurus East Intersecting 6.6 m of 22.44 g/t Au from Surface and Reports Multi-Metre Intervals of Gold Mineralization from Wings Canyon Vertical section showing 22TA-167 at the Taurus Deposit, looking n
Slide 33: 2022 Drill Campaign: Taurus West
2022 Drill Campaign: Taurus West 06 APR 2023 Cassiar Gold Expands Gold Mineralization at Taurus West Intersecting 71.6 m of 1.54 g/t Au Including 23.5 m of 3.68 g/t Au Vertical section showing 22TA-180 at the Taurus Deposit, looking to the southwest. Vertical section showing 22TA-182 at the Taurus W
Slide 34: 2022 Drill Campaign: Taurus Southwest
2022 Drill Campaign: Taurus Southwest 16 MAR 2023 Cassiar Gold Expands Near-Surface Gold Mineralization at Taurus Southwest Intersecting 139.4 m Of 0.61 g/t Au Vertical section showing 22TA-172 at the Taurus Deposit, looking to the southwest. Vertical section showing 22TA-175A at the Taurus Southwes
Slide 35: 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 Vertical section showing 22EBX-103, 22EBX-104, 22EBX-104A at the East Bain Extension, looking to the northeast. Section width +/- 3
Slide 36: Cassiar South 2022 – Main Mine
Cassiar South 2022 – Main Mine 20 APR 2023 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 Oblique vertical section showing 22MM-001 and 22MM-003 at the Main Mine target area, looking to the east. Assay results in red and higher grade
Slide 37: Taurus Gold Deposit: 2021 Drill Campaign
Taurus Gold Deposit: 2021 Drill Campaign 15 holes totalling 4,098 m (expanded from 3,000 m program). Aimed at confirming historical results, continuity of higher-grade mineralized areas where historical drilling was widely spaced (~100 m apart) and to test the potential for expansion of the depo
Slide 38: Cassiar South 2021 Drill Campaign Summary
Cassiar South 2021 Drill Campaign Summary ~7,191 m in 19 completed holes aimed at testing (1) lateral and down-dip extensions of past producing vein systems; and (2) open and previously untested areas with favourable geology. 18 out of 19 holes intersected gold-bearing quartz veins containing an
Slide 39: 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
Slide 40: 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
Slide 41: Sheep Creek Camp Overview
Sheep Creek Camp Overview 3,939-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
Slide 42: Sheep Creek Exploration Potential
Sheep Creek Exploration Potential Sheep Creek Property (2,800 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 58.63 g/t Au
Slide 43: 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 Jul 2024 @ $0.90 581,783 Aug 2025 @ $0.75 1,150,000 Aug 2024 @ $0.90 1,370,285 Mar 2026 @ $0.60 1,710,668 May 2025 @ $
Slide 44: 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