Bullboard - Stock Discussion Forum Cassiar Gold Corp CGLCF

Primary Symbol: V.GLDC

Metals & Mining Industrial Metals & Minerals

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... see more

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TSXV:GLDC - Post Discussion

Cassiar Gold Corp > Fosterville or not..will know by Sept

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Post by Ogopogo007 on Jul 17, 2021 6:51pm

Fosterville or not..will know by Sept

In The Pit: Lobo Tiggre vs. Steve Letwin, Chairman of Cassiar Gold (GLDC.V). This company had a high-grade gold story going in northern British Columbia, then pivoted to a bulk-tonnage deposit nearby. Now it’s back to drilling the high-grade targets. Why? Is there something wrong with the open-pit deposit sitting right there at surface? I asked these and more questions on your behalf. (Note that I don’t own this stock and am not recommending it. I just dragged the company into the pit because it seemed interesting. As for what I make of management’s answers to my questions…

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Comment by Wantonfuey on Jul 17, 2021 7:32pm

aren't you the same deek head that brags about winning stock picking contests on CEO?

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Comment by GripnRip on Jul 18, 2021 8:51am

Sadly the "grade gets better with depth" isn't working here...nothing under 250M deep in the low grade deposit. no chasing high grade underground once pit gets dug out. So all depends on high grade drilling. Majors don't sniff around 1 trick ponies

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Comment by FredZarfloon on Jul 28, 2021 3:11pm

Your comments speak volumes. Thanks for posting...

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Comment by Ogopogo007 on Sep 09, 2021 7:21pm

Sept 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 ...more

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Comment by audigger13321 on Sep 24, 2021 6:43am

South Cassiar drilling to continue to the end of October, with results in December or early 2022. Two drill rigs on site since late JUNE; only 4039 m. completed by mid AUGUST. So in at least 45 days, each drill crew completed (4039 /2=2020 meters in (15/2=7.5)holes. So, it takes each crew (45/7.5=) 6 days to complete a hole. IMHO, even with Covid-19, this seems to be very slow. Audi.

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Comment by Ogopogo007 on Oct 13, 2021 6:41am

Well it's Oct and drill results have arrived Some decent intercepts in East Bain but I didn't see any stacked intercepts West Bain ....not Fosterville, IMHO a couple meters of 1-3 gpt 100+ Meters down won't get mined this cycle, hence the sell-off in SP

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