GLDC - Cassiar Gold makes good progress with BC's premier gold project - PDAC 2024
(NewsDirect)
Cassiar Gold Corp (TSX-V:GLDC,OTCQX:CGLCF), a leading Canadian gold explorer, focuses on itsflagship project in Northern British Columbia, spanning 59,000hectares.
Speaking toProactive's Angela Harmantas at PDAC 2024, CEO Marco Roque saidthe company has made significant strides in exploration, with aresource update in early 2022 revealing an inferred gold resource of1.4 million ounces grading 1.14 grams per tonne. The company hasdrilled nearly 40,000 meters, identifying mineralization in 115 of 117drill holes, signaling vast expansion and discovery potential despitechallenging market conditions.
Recent soil surveys and drilling campaigns have uncoveredmultiple new gold anomalies and expanded the project's knownmineralization areas, pointing to an even larger gold system thanpreviously thought.
With $5 million in funding and strategicexploration plans, Cassiar Gold aims to continue its momentum,targeting updated mineral resource estimates and further explorationsuccess.
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