Cassiar Gold Corp · TSXV:GLDC
Cassiar Gold — Investor Presentation (August 2022)
35 slides from Cassiar Gold's investor presentation, Aug 16, 2022
Slide 1: Corporate Presentation – August 2022
CASSIAR GOLD CORP Corporate Presentation – August 2022
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 SIGNIFICANT RESOURCE WITH SUBSTANTIAL GROWTH POTENTIAL ✓ 100% owned, 59,000-hectare district-scale property package ✓ NI43-101 Inferred Resource1 of 1.4 Moz at 1.14 g/t Au at Cassiar North + high-grade vein targets grading 10-20 g/t Au2 with historical resources at Cassiar Sout
Slide 4: Prolific Mining Jurisdiction With Infrastructure Access
Prolific Mining Jurisdiction With Infrastructure Access 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 ▪ CASSIA
Slide 5: Key Board, Management & Advisors
Key Board, Management & Advisors ▪ +30 yrs in extractive resource sector ▪ +15 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
Slide 6: Share Structure & Ownership Mix
Share Structure & Ownership Mix Capital Structure Shareholders TSX.V: GLDC | OTCQX: CGLCF | FRA:756 100% Insiders 7% Shares Outstanding 81,563,103 90% Institutional Options, RSUs/DSUs1 5,013,668 22% 80% Warrants2 16,913,973 70% HNW & Retail Fully Diluted 103,490,744 60% 71% Price per Share* C$0.68 5
Slide 7: Committed to our Communities & Sustainability
Committed to our Communities & Sustainability Cassiar Gold acknowledges, respects, and supports the rights of the Kaska Dena First Nations on the lands and OUR VALUES communities where we operate. Community Engagement Over the past three years, Cassiar Gold has continuously Our company and crew are
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. CASSIAR NORTH Bulk-Tonnage Disseminated & ▪ Advanced infrastructure benefits: Provincial Hwy 37 bisects the High-Grade Vein Targets property, perm
Slide 9: Exceptional Infrastructure & Access for Northern BC
Exceptional Infrastructure & Access for Northern BC ▪ Paved Provincial Hwy 37 bisects the property and the Cassiar paved road goes through the Taurus Deposit area. ▪ Permanent camp with power/water nearby along with 160 km of property access road, permitted 300 tpd mill and 25 km of underground work
Slide 10: Mine Permits & Historical Mill
Mine Permits & Historical Mill ▪ In addition to having exploration permits, there are two active mine permits on the property (green/orange areas on map): Taurus Deposit 1.4 Moz Au 1. Taurus Gold Mine Permit (M-149) covers Taurus deposit, tailings facility and former mill site. 2. Table Mountain Per
Slide 11: 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 12: 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 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 13: 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 14: Taurus Gold Deposit: Significant Near-Term Growth Potential
Taurus Gold Deposit: Significant Near-Term Growth Potential The Taurus Deposit is poised for growth through: Taurus Deposit Cassiar North ▪ Lateral Expansion Potential: Mineralization open Lateral Expansion Potential in all directions. Cassiar South ▪ Internal Expansion Potential: Widely spaced dril
Slide 15: 2022 Drill Program at Taurus Deposit
2022 Drill Program at Taurus Deposit ▪ ~30-hole, 10,000 m drill campaign underway 2022 Taurus Program Drillhole Locations ▪ 80% focused on step-out drilling to: Taurus Deposit • Evaluate expansion potential of known mineralization adjacent to former Taurus Mine • Test area between current Taurus res
Slide 16: Priority Regional Targets
Priority Regional Targets Location of Regional Targets at Cassiar North ▪ Wings Canyon – Zone of intense iron-carbonate altered mafic volcanics with ~15% quartz veining over 650 x 185 m area. Historical drill intercepts include 128.5 m of 0.56 g/t Au and 90.6 m of 0.55 g/t Au.1 ▪ Lucky – Large multi
Slide 17: Cassiar South: High-Grade History
Cassiar South: High-Grade History ▪ Multitude of shear quartz gold vein targets with historical production of ~315,000 oz from four vein systems and 17 portals.1 ▪ Historical recovered grades of ~10-20 g/t Au with mine dilution. ▪ Past-producing parallel veins hosted 30-60Koz Au each (vein clusters
Slide 18: 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 19: 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 20: Cassiar South 2021 – Bain Vein Highlights
Cassiar South 2021 – Bain Vein Highlights 2021 drill results at Bain Vein confirmed mineralized trend of over 470 m in strike length beyond historical workings1 470 m mineralized trend 1 Cassiar Gold Reports Remaining 2021 Cassiar South Drill Results; Expands Known High-Grade Mineralization at Bain
Slide 21: 2022 Drill Program at Cassiar South
2022 Drill Program at Cassiar South ▪ 5,000 m drill program underway. ▪ Historical drilling and mining data was used to identify and prioritize targets based on potential for vertical stacking of favourable stratigraphy. ▪ Vein targets include East Bain Extension, West Bain, Vollaug and Cusac and is
Slide 22: 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 23: 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 24: Upcoming 2022 Catalysts
Upcoming 2022 Catalysts Timing 20,000 m Drill Campaign at Cassiar Gold Property Project Area Drilling Description • ~80% focused on 50-200 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
Slide 25: Summary
Summary ✓ SUBSTANTIAL RESOURCE GROWTH & NEW DISCOVERY POTENTIAL ✓ SAFE MINING JURISDICTION AND EXCEPTIONAL INFRASTRUCTURE ACCESS ✓ WORLD-CLASS LEADERSHIP TEAM ✓ COMMITTED TO LEADING WITH SUSTAINABILITY ✓ ATTRACTIVE VALUE UPSIDE TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 25
Slide 26: Appendix
Appendix
Slide 27: The Rich History of Cassiar
The Rich History of Cassiar Cassiar Gold Rush Heritage Sign, ©letsridebikes.ca 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. 1934 Discovery of first gold-bearing quartz veins followed by ~40 years of only small-
Slide 28: Recent Key Milestones
Recent Key Milestones Cassiar Project Updated Initial drill option Cassiar C$3.5M results New NI43- New exercised; 5:1 South and financing from 101 executive share roll back David Rhys Cassiar completed Cassiar Technical Close of team; and name joins North led by North Report on $2.7M Uplisting to C
Slide 29: 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 30: 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 31: 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 32: 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 33: Cassiar South: Bain Vein Drill Highlights
Cassiar South: Bain Vein Drill Highlights Significant unmined historical and 2021 drill results in the unmined Eastern Bain corridor ▪ Bain vein system produced 24,000 ounces of gold at an 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 34: Capital Structure Breakdown
Capital Structure Breakdown Options Schedule Warrant Schedule Options Expiry and Price # Issued Warrant Expiry and Price # Issued Aug 2022 @ $1.50 162,000 Nov 2022 @ $0.60 561,365 Jun 2023 @$1.25 198,000 Nov 2022 @ $0.70 224,816 June 2024 @ $0.50 585,000 Nov 2022 @ $0.90 4,339,548 Aug 2025 @ $0.75 1
Slide 35: Cassiar Gold Corp.
Cassiar Gold Corp. 15th Floor, Bankers Court 850 2nd Street SW Calgary, AB Follow us on: T2P 0R8 @CassiarGoldCorp Contact: Cassiar Gold Corp Shirley Anthony, VP Investor Relations & @CassiarGoldCorp Communications E-mail: shirley@cassiargold.com @CassiarGoldCorp Direct: +1 778 999 2771 Website: www.