Cassiar Gold Corp · TSXV:GLDC
Cassiar Gold — Investor Presentation (November 2024)
48 slides from Cassiar Gold's investor presentation, November 2024
Slide 1: Advancing the Historic Cassiar Gold District in British Columbia
ADVANCING THE HISTORIC CASSIAR GOLD DISTRICT IN BRITISH COLUMBIA, CANADA CASSIAR GOLD CORP Corporate Presentation – November 2024
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: Why Cassiar Gold? Checking the Boxes
Why Cassiar Gold? Checking the Boxes COMMUNITY SUPPORTED & INFRASTRUCTURE & MINE PERMITS TAURUS EXPERIENCED C$29.3 M ENVIRONMENTALLY IN SAFE RESOURCE LEADERSHIP MARKET COMMITTED JURISDICTION of 1.4 Moz @ 1.14 TEAM CAP* g/t Au1 47,000 meters DRILLED SINCE LAST MRE TSX.V:GLDC | OTCQX: CGLCF | FRA: 756
Slide 4: Share Structure & Ownership Mix
Share Structure & Ownership Mix Capital Structure Shareholders TSX.V: GLDC | OTCQX: CGLCF | FRA:756 Shares Outstanding 127,213,002 Options, RSUs/DSUs1 11,868,668 Insiders/Advisors Warrants2 39,080,664 12% Fully Diluted 178,162,334 Institutional Price per Share* C$0.23 29% Market Capitalization* C$29
Slide 5: Experienced Leadership Team
Experienced Leadership Team Click HERE to meet more of the team! +30 yrs in extractive resource sector +18 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 Previously
Slide 6: Premier Mining Jurisdiction Attracting Global Miners
Premier Mining Jurisdiction Attracting Global Miners Control over 2 major Cassiar Gold Projects orogenic gold districts in BC: Select projects/mines in the region with ROGUE (C$816.3 M) mineral resources & market cap (as of Oct 2024) 4.05 Moz, I 1.66 g/t Au Mergers & Acquisitions 1 Cassiar Gold FLAG
Slide 7: Property Overview District-Scale Potential
Property Overview District-Scale Potential TWO KEY PROJECT AREAS: 59,000 ha 1. CASSIAR NORTH (North of Highway 37): Multiple (590 km2) near surface targets across the property including the bulk-tonnage Taurus Deposit hosting 1.4 Moz Au @ 1.14 g/t Au1 inferred mineral resource which is open for ex
Slide 8: Outstanding Access Surrounded by Infrastructure
Outstanding Access Surrounded by Infrastructure Paved Provincial Highway 37 bisects the property with year-round access and CASSIAR ROAD connected to the paved Cassiar road passing through the Taurus Deposit area. Permanent camp with power & water access along with 160 km of property access road
Slide 9: Key Infrastructure Already in Place
Key Infrastructure Already in Place 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 HERE to explo
Slide 10: Mine Permits and Fully Owned & Permitted Mill
2 Mine Permits and Fully Owned & Permitted Mill Exploration permit and two mine permits on the property: 1. Taurus Gold Mine Permit (M-149) (1.2km2) covers the past- Lucky Snow producing Taurus Mine; the majority of the current Taurus resource Taurus Deposit (1.4 M oz Au) Creek footprint; 2 tailin
Slide 11: District-Scale with Significant Discovery Potential
District-Scale with Significant 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 Disseminat
Slide 12: Cassiar South: High-Grade History & Potential
Cassiar South: High-Grade History & Potential Camp 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. Mill Past Production from Cassiar South High-Grade Veins1 Tonnes Ave. Gr
Slide 13: Cassiar South: Drill Highlights
Cassiar South: Drill Highlights 21 PORTAL 18,000 m of drilling 2021-2023 identified: 28 MAIN MINE 150,000 oz produced 17.14 g/t Au average grade Extensions of known mineralization near existing infrastructure 35 39 MAIN PORTAL MAIN Interpreted offset vein segment of past producing Bain vein syst
Slide 14: Cassiar North: 36,000 m Drilled since last MRE
Cassiar North: 36,000 m Drilled since last MRE IDENTIFIED NEW GOLD- BEARING QUARTZ VEINS Taurus Deposit LUCKY 2022 Taurus Resource 29,090 m drilled 1.4 Moz at 1.14 g/t Au Inferred SNOW ELAN CREEK 5,923 m in 2024 TAURUS 6.6 m of 22.44 g/t Au 98.0 m of 1.28 g/t Au EAST in 22TA-169 in 22TA-176 High
Slide 15: Cassiar North: Taurus Deposit Open for Expansion
Cassiar North: Taurus Deposit Open for Expansion 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,
Slide 16: 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 1cm defining and modeling higher P
Slide 17: Taurus Deposit: 2022 - 2023 Drill Highlights
Taurus Deposit: 2022 - 2023 Drill Highlights Grade (g/t Target Area Drill Hole From (m) To (m) Length* (m) Au) Taurus East Taurus East Mineralization Model 22TA-169 4.50 11.10 6.60 22.44 incl. 10.30 11.10 0.80 174.5 TAURUS 2022 Taurus TAURUS MINE NW Resource Model 35,000 oz Au produced Taurus West 3
Slide 18: Taurus West & Southwest: Expanding Mineralization
Taurus West & Southwest: Expanding Mineralization Extension of Higher Grade Trend below Pit Constrained Infill Drilling Intersecting 98 m of 1.28 g/t2 within Pit Shell & Resource Intersecting 23.6 m of 4.19 g/t Au1 Step Out 171.9 m of 0.66 g/t Au2 beyond Pit Constrained Resource 98.00 m at 1.28 g/t
Slide 19: Cassiar North: 36,000 m Drilled since last MRE
Cassiar North: 36,000 m Drilled since last MRE Taurus Deposit IDENTIFIED NEW GOLD- BEARING QUARTZ VEINS 29,090 m drilled LUCKY 2022 Taurus Resource 5,923 m in 2024 1.4 Moz at 1.14 g/t Au Inferred SNOW ELAN CREEK High-Priority 98.0 m of 1.28 g/t Au TAURUS EAST 6.6 m of 22.44 g/t Au in 22TA-169 Ou
Slide 20: Priority Regional Targets: Underexplored & Highly Prospective
Priority Regional Targets: Underexplored & Highly Prospective Common Characteristics of Priority Targets at Cassiar North Lucky Veining – high density arrays of narrow sheeted vein sets at common Snow orientations Creek Taurus Deposit Alteration – extensive alteration halo with disseminated sulp
Slide 21: 2023 Surface Sampling & Mapping Results
2023 Surface Sampling & Mapping Results Surface rock sample results: Discovered new gold occurrence • Auroch outcropping mineralization • 9.82 g/t Au grab sample with visible gold and 20.30 g/t Au in float. Expanded surface mineralization at multiple regional prospects, including: • Newcoast tar
Slide 22: 2023 Soil & Induced Polarization Survey Findings
2023 Soil & Induced Polarization Survey Findings Soil survey results: Identified multiple gold- in-soil anomalies remain open beyond the extent of the survey sample grid. DCIP Survey Identified new targets with potential to host or control additional areas of mineralization. TSX.V:GLDC | OTCQX
Slide 23: 2024 Drill Program
2024 Drill Program ELAN VEIN Drill campaign: 7,168 m of core Coincident Gold- Mineralized Surface from 30 drill holes 2022 Taurus Rock Samples, Gold- in-soil Anomaly Resource from 2023 campaign SNOW Taurus deposit: 1.4 Moz at 1.14 g/t Au Inferred TAURUS CREEK MINE TAURUS 5,923 m of drilling in 2
Slide 24: 2024 Geophysical Surveys & Field Program
2024 Geophysical Surveys & Field Program IP Survey completed in IP Survey Taurus Resource 1.4 Moz at 1.14 g/t Au 2023 ~6 km2 footprint Inferred Taurus 175 m line spacing; 75 m station spacing Mine Auroch Planned Drone-supported Surveys Hopeful Mag: ~60 km2 footprint; 50 m line 2024 IP Survey s
Slide 25: 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 communities where we operate. Cassiar Gold has continuously engaged with the local community to support initiatives such as: Construction
Slide 26: Plans and Catalysts
Plans and Catalysts TSX.V:GLDC | OTCQX: CGLCF | FRA: 756 26
Slide 27: Why Cassiar Gold? Checking the Boxes
Why Cassiar Gold? Checking the Boxes INFRASTRUCTURE & PERMITS IN SAFE JURISDICTION 2 Mine 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% o
Slide 28: Cassiar Gold Corp.
Cassiar Gold Corp. Follow us on: Suite 450 – 800 West Pender Street Vancouver, BC, V6C 2V6, Canada @CassiarGold Cassiar Gold Corp Contact: E-mail: jasons@cassiargold.com Cassiar Gold Corp Direct: +1 (250) 212-2122 @CassiarGold Website: www.cassiargold.com
Slide 29: Appendix
Appendix
Slide 30: Tremendous Potential: BC's Inland Orogenic Gold Belt
Tremendous Potential: BC's Inland Orogenic Gold Belt The Cassiar Gold property is hosted within British Columbia’s inland belt of orogenic gold systems (140-120 Ma), with similarities to prolific orogenic gold districts such as the Abitibi Greenstone Belt and gold camps of Western Australia Click
Slide 31: 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 Taur
Slide 32: 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 Kris
Slide 33: Cassiar North: Newcoast
Cassiar North: Newcoast Approximately ~3 km long east-west corridor with shallow and outcropping quartz veining, pyrite, and silica, sericite, and iron carbonate alteration Rocks and Quartz veining are similar in character to those observed at the Taurus deposit, 2.5 km to the north of Newcoast
Slide 34: 2022 + 2023 Exploration Program Overview
2022 + 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. 23,167 m (Cassiar North) • ~20% fo
Slide 35: 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 average grade of 13.71 g/t Au from 1993 to 1995.1 >10 g/t Au (*denotes Cassiar Gold drill holes)
Slide 36: Cassiar South: Bain Vein Highlight
Cassiar South: Bain Vein Highlight 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 Extension
Slide 37: Fully Owned & Permitted Mill
Fully 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 Tab
Slide 38: 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 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: 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 41: 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 42: 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 1
Slide 43: The Rich History of the Cassiar Gold District
The Rich History of the Cassiar Gold District 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
Slide 44: 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 ounce
Slide 45: 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 Ve
Slide 46: A Look at Gold in the Global Market
A Look at Gold in the Global Market "The multitude of structural forces driving metals has yet, in my opinion, to prompt a major re-rating of the valuations of these businesses, which continue to linger at historically depressed levels.“ - Tavi Costa of Crescat Capital Seeing the trend? Central bank
Slide 47: Recent Canadian M&A
Recent Canadian M&A 2024 2020 Equinox Gold’s (EQX-TSX) acquisition of a 40% interest in the Evolution Mining’s (EVN-ASX) acquisition of Newmont’s (NEM- Greenstone gold mine for US$995 M NYSE) Red Lake Mine for up to US$475 M Calibre Mining’s (CXB-TSX) all-share acquisition of Marathon Kirkland Lake
Slide 48: Capital Structure Breakdown
Capital Structure Breakdown Options Schedule Warrant Schedule Options Expiry and Price # Issued Warrant Expiry and Price # Issued Aug 2025 @ $0.75 1,150,000 May 2025 @ $0.50 764,700 Mar 2026 @ $0.60 1,690,668 May 2025 @ $0.70 6,613,335 Nov 2026 @ $0.79 470,000 Jun 2025 @ $0.70 135,001 Sep 2027 @ $0.