The Cassiar gold project in northern B.C. Credit: Cassiar Gold.
A resource update for Cassiar Gold’s (TSXV: GLDC) Taurus project in northern British Columbia has converted almost 20% of inferred tonnages to indicated over the initial estimate from three years ago.
With a cutoff grade of 0.5 gram per tonne, the updated resource includes 7.13 million indicated tonnes grading 1.66 grams gold for 380,000 oz. and 48.1 million inferred tonnes at 1.11 grams gold for 1.71 million oz., Cassiar said Thursday. That represents a 23% rise in contained gold in the inferred category from 2022, when it was estimated at 1.39 million oz. grading 1.14 grams gold.
“Our cumulative programs have advanced a robust gold deposit that hosts mineralization from surface, with continued exploration upside,” CEO Marco Roque said in a release. “We look forward to building on this foundational resource and unlocking the…
