Mining Discovery

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

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Cassiar Gold is pleased to announce assay results from an additional 7 diamond drill holes of the 2022 exploration program at the Taurus Deposit.

 

PR attached, highlights below, and if you would like to schedule a call please feel free to find a time in the below link.

https://calendly.com/cassiarmarco

 

Highlights from the Taurus West and Taurus Northwest areas:

  • Taurus West drill hole 22TA-176 intersected 98.00 m of 1.28 g/t Au from 10.7 m downhole, including 4.10 m grading 12.02 g/t Au, and expanding mineralization within a large under-explored area between resource blocks within the 2022 inferred mineral resource open pit shell.
    • Drill hole 22TA-178 in the Taurus West area returned multiple intervals of gold mineralization, extending mineralization between resource blocks. Intercepts include:
  • 52.0 m of 0.60 g/t Au from 51.4 m downhole, and
  • 70.7 m of 0.76 g/t Au from 116.0 m downhole, including 7.6 m of 2.02 g/t Au
  • All four drill holes completed at Taurus Northwest area (holes 22TA-154, 22TA-151, 22TA-156 and 22TA-157) encountered multi-metre intercepts above the resource cut-off grade. These include:
  • 11.4 m grading 2.64 g/t Au, which extends the distribution of mineralization 20 m beyond the extent of the 2022 resource open pit shell and 40m beyond the extent of the block model.
  • A high-grade interval of 12.86 g/t Au over 2.61 m in drill hole 22TA-156, which is open along the northern margin of the known footprint of the deposit.

2022 Drilling at the Taurus Deposit – Cassiar North Drill Program

The Taurus Deposit hosts a substantial near-surface, bulk-tonnage inferred gold resource of 1.4 million ounces grading 1.14 g/t Au2 which remains open in all directions. Results from 50 drill holes which cumulatively total 17,140 metres of drilling from the 2022 program are yet to be disclosed and will be made public in future updates. The results reported in this news release are from seven drill holes totaling 1,962 m from the Taurus West and Northwest area of the deposit. The deposit remains open in all lateral directions as well as at depth.

 

“Drilling at the Taurus Deposit continues to yield very encouraging results, with Taurus West emerging as a more continuous trend of near-surface mineralization than previously modeled. We are seeing substantial thicknesses and grades well above the cut-off of the 2022 Taurus Deposit resource estimate,” stated Marco Roque, CEO of Cassiar Gold Corp. “We believe that Taurus West has the potential to be a major contributor to Cassiar Gold Corp’s growth and success in the coming years.”

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