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Cassiar Gold Corp V.GLDC

Alternate Symbol(s):  CGLCF

Cassiar Gold Corp. is a Canadian gold exploration company holding a 100% interest in its flagship Cassiar Gold Property located in British Columbia, Canada. The Company's Cassiar Gold property spans approximately 590 square kilometers (km2) and consists of two main project areas: Cassiar North and Cassiar South. The Cassiar North project area hosts the Taurus Deposit as well as multiple bulk-tonnage-style regional targets including the Wings Canyon, Snow Creek and Newcoast prospects. The project area also includes the Lucky high-grade vein prospect. The Company also holds a 100% interest in properties covering most of the Sheep Creek gold camp located near Salmo, British Columbia, Canada. The Sheep Creek Project consists of the Bayonne and Sheep Creek properties. The Sheep Creek Camp is highly prospective for both gold and silver discoveries. The Sheep Creek Camp consists of approximately 79 crown grants and 31 mineral tenures totaling 3,939 hectares in the Nelson mining division.


TSXV:GLDC - Post by User

Comment by Ogopogo007on Sep 09, 2021 7:21pm
225 Views
Post# 33837942

RE:Fosterville or not..will know by Sept

RE:Fosterville or not..will know by SeptSept 2022

  • Two drill rigs have been on site since late June and are actively drilling high-grade vein targets at the Cassiar South area near the historic Bain and Cusac mines, which together produced 114,000 ounces of gold grading +15 g/t Au. Drilling will continue to the end of October, with results expected in December or early 2022.

    The Company is prioritizing high-value drill targets and now plans to drill 18 to 22 holes totaling between 8,000 to 10,000 metres to test the lateral and down-dip extensions of known or previously mined high-grade veins

    Sounds like drilling previous "hot holes" instead of virgin drilling

    No wonder SP is selling off..hurry up and wait. 

    Will know by Sept if Fosterville or not....just blowing smoke out the wazu
    JMHO


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