Drill Results
Cassiar Gold Commences 2026 Exploration Program with 10,000-Metre Phase 1 Drill Campaign

GLDC · Price
Executive Summary
- Cassiar Gold Corp. has officially opened its exploration camp and launched its fully funded 2026 field season, mobilizing field crews to support upcoming exploration activities.
- Phase 1 of a 10,000-metre diamond drilling program has commenced at the Taurus Deposit, targeting resource expansion, infill drilling, and step-outs beyond the current block model.
- The company is simultaneously conducting high-priority target evaluations at Cassiar South, Newcoast, Hopeful, and Snow Creek to expand its district-scale gold resource base.
Key Details
- 2026 Drilling Program: Phase 1 initiated targeting 10,000 metres of diamond drilling, fully funded for the season.
- Taurus Deposit Drilling Focus: Drilling will target extensions of known mineralization, step-outs beyond the current resource block model, and infill gaps to improve resource confidence.
- Taurus Resource Estimate: Indicated: 1.43 g/t Au for 410,000 oz; Inferred: 0.95 g/t Au for 1.93 million oz. 91% of ounces occur within 150 metres of surface. Resource remains open for lateral and depth expansion.
- Cassiar South Evaluation: Field investigations and target prioritization underway to evaluate vein extensions, test for blind parallel/stacked systems, and integrate new geophysical/geochemical data. Historical underground mines in the area yielded >315,000 oz Au at 10–20 g/t Au head grades.
- Newcoast Prospect: Previous drilling confirmed broad gold mineralization intervals and high-grade quartz veining with visible gold, extending the mineralized trend along a 4-kilometre prospective corridor.
- Hopeful Prospect: Mineralized footprint expanded to 475 m x 330 m, with new parallel veins and vein segments identified during the latest field campaign.
- Snow Creek Prospect: Structural and geochemical analysis ongoing to target extensions of known mineralization and identify new gold-bearing quartz veins in historically underexplored areas.
- Operational & Strategic Context: Camp fully operational, district-scale property spans 590 km2, supported by established infrastructure, existing mine permits, and strong community relationships.
Notable Quotes
- Marco Roque, President and CEO: "We are excited to launch our fully funded 2026 exploration season at Cassiar Gold, with a robust 10,000-metre drill program underway at the Taurus Deposit and active evaluation of high-grade targets at Cassiar South. Our team's focus remains on expanding our resource base, advancing high-priority targets, and unlocking the full potential of our district-scale property. With strong gold prices, established infrastructure, existing mine permits, and a strong and collaborative relationship with local communities, our team is well positioned to deliver value for our shareholders and stakeholders."
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May 29, 2026 · 09:10