Cassiar Gold Corp · TSXV:GLDC

Cassiar Gold — Technical Presentation (April 2023)

30 slides from Cassiar Gold's technical presentation, Apr 20, 2023

  1. Slide 1: Technical Webinar presented by David Rhys, April 20, 2023

    Technical Webinar presented by David Rhys, April 20, 2023

  2. Slide 2: Cassiar's BC Based projects

    Cassiar’s BC Based projects 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 NORTH: NI43-101 Inferred R

  3. Slide 3: Cassiar Gold Property Overview

    Cassiar Gold Property Overview  The Cassiar Gold property is located in the central BC orogenic gold belt (140- 120 Ma) – the older of two orogenic gold belts in BC/Alaska (the western being 70-60 Ma in the Juneau Belt and Bralorne district) associated with pulses Orogenic belts of accretionary oro

  4. Slide 4: Cassiar Gold Property Overview

    Cassiar Gold Property Overview  59,000-hectare orogenic gold district controlled entirely by the company, consolidated only in the late 2000’s.  Has initial history dating to late 1800’s when 72 oz nugget extracted from placer working around McDame Creek; approx. 75,000 oz of placer production rep

  5. Slide 5: Outstanding Infrastructure & Access in Northern BC

    Outstanding Infrastructure & Access in Northern BC  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 undergr

  6. Slide 6: Cassiar Property Geology

    Cassiar Property Geology  Camp is hosted by the Sylvester • Portals & Target Areas Towns Allochthon, a portion of the Slide Placer Operations Project Outline Non-Project Tenure Mountain ophiolitic terrane composed of Waterbodies Watercourses stacked, shallow dipping thrust panels of Paved Roads Acc

  7. Slide 7: 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

  8. Slide 8: Structural Distribution of Shear Veins

    Structural Distribution of Shear Veins  Veins formed top to the NW low angle thrusting on listwanite and sedimentary accompanied by NNW-SSE stretching  Veins form in stacked mafic volcanic panels in NW-side down, apparent normal shear zones that accommodate displacement between competent mafic roc

  9. Slide 9: 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)

  10. Slide 10: 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. C  Veins occur in mafic volcanic rocks stacked between low-angle listwanite-bearing thrust surface

  11. Slide 11: Cassiar South: Historically Mined Areas and 2022 Drilling

    Cassiar South: Historically Mined Areas and 2022 Drilling MAIN MINE 150,000 oz Au produced 17.14 g/t Au average grade VOLLAUG MINE 50,000 oz Au produced 10.28 g/t Au average grade Main Mine, vein stacking CUSAC MINE 90,000 oz Au produced 20.57 g/t Au average grade Vein targets include East Bain Exte

  12. Slide 12: Cassiar South 2022 – Main Mine new area of veins and alteration

    Cassiar South 2022 – Main Mine new area of veins and alteration 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 Visible gold encountered in 22MM-003 hosted in a sulphide- mineralized quartz vein at 142.9 m depth 22MM-003 dr

  13. Slide 13: 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

  14. Slide 14: Cassiar South 2022 – Bain Vein Highlights

    Cassiar South 2022 – Bain Vein Highlights 2022 drill results at Bain Vein confirmed mineralized trend of over 540 m in strike length beyond historical workings1 1200m Visible gold encountered in 22WB-203 1125m Looking WSW 100m envelope East Bain Mine underground 1050m infrastructure TSX.V:GLDC | OTC

  15. Slide 15: South Cassiar targeting concepts: vein stacking, periodicity, blind veins

    South Cassiar targeting concepts: vein stacking, periodicity, and blind veins beneath sediments and listwanite Potential to test for blind parallel veins MAIN MINE and vein extensions 150,000 oz Au produced 17.14 g/t Au avg grade VOLLAUG MINE 50,000 oz Au produced 10.28 g/t Au avg grade 24,000 Oz CU

  16. Slide 16: Taurus deposit area – potential for expansion and additional Tauri?

    Taurus deposit area – potential for expansion and additional Tauri? Aerial view looking WSW Taurus deposit area: location and topography TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 16

  17. Slide 17: Taurus Gold Deposit: Mineralization Styles

    Taurus Gold Deposit: Mineralization Styles  Mineralization Type: 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 F

  18. Slide 18: Taurus Test Pit Area (2010): 5500 T at 3.2 g/t Au extracted

    Taurus Test Pit Area (2010): 5500 T at 3.2 g/t Au extracted, based on blasthole and chip assays, stockpiled beside Cassiar Mill Sable Shear Zone showing NW Shear Zone Control on Mineralization; EW to ENE shear veins in other areas Pink = carbonate-pyrite altered; Red = quartz veins VG in veins Tetra

  19. Slide 19: Taurus Gold Deposit: 2021 Drill Campaign

    Taurus Gold Deposit: 2021 Drill Campaign  39 drill holes completed here by Cassiar in 2020-2021 that were included in the 2022 resource, with 15 holes totalling 4,098 m in 2021 for which highlights are shown below  Aimed at confirming historical results, continuity of higher-grade mineralized area

  20. Slide 20: Cassiar North: Taurus Gold Deposit

    Cassiar North: Taurus Gold Deposit 2022 NI 43-101 Taurus Inferred Mineral Resources2 Resource Cut-off Au  2022 NI43-101 Compliant Inferred Mineral Resource Estimate of 1.4 Moz Tonnes Au oz @ 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

  21. Slide 21: 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  Step-out drilling and infill of wide gaps between previous drill holes Taurus Deposit Vertical section showing 22TA-176, looking southwest with the 2022 Taurus Res

  22. Slide 22: 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

  23. Slide 23: 2022 Drill Campaign: Taurus West

    2022 Drill Campaign: Taurus West 2022 Taurus Program Drillhole Locations Taurus Deposit Vertical section showing 22TA-182 in the Taurus West target area, looking to the northwest. Assay results in red and higher-grade nested intervals in black are reported in this news release. Section width +/- 20m

  24. Slide 24: 2022 Taurus Drill Program: Eastern areas

    2022 Taurus Drill Program: Vertical section looking northwest with the 2022 Taurus East mineralization model for reference; the model was not included in the 2022 resource estimate. Eastern areas 2022 Taurus Program Drillhole Locations Taurus Deposit Vertical section showing 2022 drilling in the Win

  25. Slide 25: Priority Regional Targets

    Priority Regional Targets Location of Regional Targets at Cassiar North  Wings Canyon – Zone of intense iron-carbonate altered mafic volcanics with abundant quartz veining over ~500 x 180 m area. Previous drill intercepts include 128.5 m of 0.56 g/t Au and 90.6 m of 0.55 g/t Au1.  Lucky – Large mu

  26. Slide 26: Schematic N-S Cross Section and Exploration Model for the Cassiar Gold Project

    Schematic N-S Cross Section and Exploration Model for the Cassiar Gold Project Cassiar Gold Project has potential for:  In brownfields areas: expanding known resource areas and stacked hidden targets between shear zones along sedimentary and ultramafic rock horizons  Property wide potential for ad

  27. Slide 27: 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

  28. Slide 28: Sheep Creek Camp Overview

    Sheep Creek Camp Overview  3,939-ha camp consisting of the Sheep Creek and Bayonne properties.  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 of silver, 377,000 lbs. of lead and 312,000 lbs. of zinc.1  Geological analogue to Barkervi

  29. Slide 29: Sheep Creek: Geology (from Allan et al., 2017)

    Sheep Creek: Geology (from Allan et al., 2017) • NE trending quartz shear veins dominantly hosted by folded quartzite, capped by argillaceous rocks of Upper Navada member. • Like Cassiar, potential for additional parallel and stacked veins, as well as additional veins Sheep Creek Gold Belt Mine 58.6

  30. Slide 30: 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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