Impact: Positive
Cassiar Gold reported assays from an additional seven diamond drill holes from the 2022 exploration program completed at its flagship, 100%-owned Cassiar Au project in BC. The results are from the East Bain Extension and the West Bain areas of the past-producing Bain vein system in the Cassiar South area of the project. All drill holes intersected Au-bearing quartz veins with anomalous high-grade Au, extending the mineralization both down-dip and eastward of the existing underground development. We believe these assays bode well for future resource estimates. The Bain vein area lies in a permitted area and could present a low-cost near-term development opportunity.